The New England Patriots have agreed to sell an 8% minority stake in the team in a deal that values the organisation at $9 billion, which Forbes places as the fourth most-valuable franchise.
The minority stake would be sold to two groups—3% to private investment firm Sixth Street Partners and 5% to billionaire Dean Metropoulos.
Details on the sale date were not provided and it is subject to approval by the NFL’s finance committee.
The sale would make the New England Patriots, owned by billionaire Robert Kraft, the second-most expensive NFL sale for a stake in a team behind the Miami Dolphins.
The deal will not include the sale of MLS team New England Revolution, which the Kraft family also owns.
Forbes Valuation
Dean Metropoulos is ranked No. 1,017 on the Forbes’ billionaires ranking with a net worth of about $4.1 billion.
Key Background
Kraft is CEO of the Kraft Group with a net worth of more than $13.8 billion. Under Kraft, the Patriots won 6 Super Bowl titles. This is the first time Kraft has sold part of the team since he purchased it for $172 million in 1994. Sixth Street Partners is a private equity investment firm with investments in the sports world. They played a part in the sale of the Boston Celtics at a $6.1 billion valuation in August and also hold a stake in the San Francisco Giants, San Antonio Spurs and NWSL’s Bay FC.
Further Reading
The NFL’s Most Valuable Teams 2025
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