Robert Kraft Agrees to Sell 8% of New England Patriots in Deal Valuing Franchise Over $9 Billion

FOXBOROUGH, MA – Robert Kraft and his family, the long-time 100% owners of the New England Patriots, have reached an agreement to sell an 8% minority stake in the franchise. The deal, which values the six-time Super Bowl champion organization at more than $9 billion, is split between two separate investors and is subject to approval by NFL owners next month. The sale marks a significant moment for the Patriots,...

from New England Football Journal® https://ift.tt/yh0TK2X