Menu
Leagues and Governing Bodies

NFL Considering Change In Minimum Ownership Percentage For Controlling Partners

As part of a broad look at succession planning, the NFL is considering "lowering the minimum percentage of a team that a control partner has to own under the league’s equity rules," according to Daniel Kaplan of SPORTSBUSINESS JOURNAL. Texans Owner Bob McNair said that any change, if made, would "pertain only to teams owned more than 10 years and would be done as part of an effort to keep a club in its ownership family." McNair said, “We are doing a lot of work on succession planning. We are concerned. We want to see the teams stay in the families.” McNair said that "at issue" are estate taxes, which can range between 40-55%, "depending on a team’s home state." In addition to considering lowering the equity threshold for heirs, McNair said that the league's finance committee is "looking closely at estate planning and trust mechanisms for recommendation." The committee is "not, however, looking at raising" the current $200M debt cap on teams, "largely because so many clubs are not even borrowing to that limit" (SPORTSBUSINESS JOURNAL, 5/26 issue).

ROGER'S RULES: ESPN.com's Mike Wells wrote NFL Commissioner Roger Goodell "may have to be harsher" on Colts Owner Jim Irsay for his DUI arrest than he "may have been any other time on a front office official because his reputation is on the line with the players." Whatever punishment Goodell "decides for Irsay -- fine/suspension -- the commissioner must know it has to be good enough to appease the players" (ESPN.com, 5/23). THE MMQB's Peter King wrote Goodell "could choose to wait until the case is adjudicated; that has been his M.O." But there is "enough that's solid now for him to make his call, and there's the specter of letting an owner own while a damning case drags through the legal system." There is "one thing the commissioner must do whenever he comes down on Irsay: He has to include random testing" (MMQB.SI.com, 5/26). In Nashville, David Climer wrote the "only way to get your point across to a wayward NFL owner is to dock his team draft picks." Climer: "We'll leave it up to you to determine what round or rounds." Fines and suspensions "only go so far when you're dealing with NFL owners," and you "have to hit them where it hurts" (Nashville TENNESSEAN, 5/26). 

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2014/05/28/Leagues-and-Governing-Bodies/NFL.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2014/05/28/Leagues-and-Governing-Bodies/NFL.aspx

CLOSE