NFL may soon open doors to foreign investors as team owners, claims former Washington Commanders president Jason Wright
NFL (via Getty Images)
In a tremendous potential change for U.S. sports, former Washington Commanders president Jason Wright has disclosed that the National Football League (NFL) is reportedly on the verge of opening its doors to foreign investment in team ownership for the first time.
League insiders think the NFL is 'close to opening itself up to foreign investment'—something that would dramatically shift the financial landscape of the United States' most successful sports league.
NFL turns to global capital as league contemplates next step of financial growth
The NFL's team president from 2020 to 2024, Jason Wright, seemed convinced that the league's growing international ambitions would make foreign investment unavoidable. According to Jason Wright, the NFL will start by 'testing the waters' in the guise of indirect investments such as wholesale commercial deals and corporate sponsorships linked to groups backed by foreigners.
This transformation would move the NFL closer to global sporting patterns, where Saudi Arabian, Qatari, and United Arab Emirates sovereign wealth funds have taken huge stakes in sports such as golf (LIV Golf), Formula 1, and European football clubs. The NFL has shunned these types of ownership structures previously, however, due to regulatory, cultural, and political reasons.
Foreign Ownership Looms Over NFL: Will Big Leagues Follow Soccer's Lead?
The league has already welcomed regular-season games in London, Germany, and Mexico City, with even more exciting plans for future growth.
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Leaning on sovereign wealth and international capital has the potential to unlock enormous funding for worldwide operations, infrastructure projects, and team-specific innovation.
Wright indicated that other minor U.S. sports leagues, like Major League Soccer (MLS) or the WNBA, might be more nimble in embracing foreign investment first. Nevertheless, the NFL's eventual involvement, he added, is a question of "when, not if."
Also read:
NFL may be defeated by the IPL in per-match value if the latter gets a 12 to 16-week window period
NFL at a financial crossroads
If the NFL does eventually open the door to international capital, it would be a breathtaking development for the league. While risks—regulatory, cultural, and political—are unavoidable, the potential injection of billions of capital can turn teams' operations and expansion on their heads overseas. Jason Wright's perspective is an initial glance at what will ultimately be a defining challenge of the league's next era.
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