💨 Abstract

The San Francisco 49ers have sold approximately 6% of the team to three Bay Area families: the Deeters, the Griffiths, and the Khoslàs, valuing the team at $8.5 billion. The investors, who include notable figures in venture capital and AI, now hold a non-controlling minority interest. The York family, led by CEO Jed York, retains majority ownership and control. The NFL approved the investments at a recent league meeting.

Courtesy: wtop.com