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The Chicago Bears are preparing for a property shake. The franchise aims to sell a small part of equity earlier from the interested parties, Andrew McKenna Sr., who died in 2023. Galatioto Sports Partners has been taken to manage the sale process, agreeing to Mike Florio de NBC Sports.
The participation of 2% of McKenna represents a minor part of the team. The McCaskey family controls more than 80% of the franchise, while the businessman Pat Ryan has approximately 17.7%.
NFL fans reacted with jokes and offers after the property news appeared.
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“If they can wait until my crypto would take off … I would love to buy,” he tweeted a fan.
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“I will leave 2 dollars.” Said a fan.
“I have about $ 10” Another fan wrote.
There were more reactions as the news had a traction.
“Can we change this for” majority “?” A fan commented on.
“What if we sell the whole team” Said another fan.
“Move the team in London,” A fan wrote.
Bears have always been a family -owned team since it was founded in 1920 by one of the founders of the NFL, George Halas. Her daughter, Virginia Halas McCaskey, took over the team and has been the majority owner for decades.
Any external buyer could be subject to existing agreements on “Right of Rebilation”, allowing the McCaskeys or Ryan to agree before any agreement is completed.
With the NFL opening the door to private capital investments in 2024, several teams have downloaded minority bets. The most prominent are the 49ers, which were evaluated at $ 8.6 billion during the May sale.
This reference point would put the value of 2% by Andrew McKenna Sr. With a darling of $ 172 million as used by Today. However, this figure could increase, given the momentum of the market.
The sale calendar is aligned with the Chicago bears“In -on -way efforts to develop a new stadium project at Arlington Heights. Bringing a new minority investor could help the franchise to secure additional capital without sacrificing family control
This season, the Baars underwent changes in football operations. Them Hired Ben Johnson as coach and renewed staff and list.
Edited by Victor Ramon Galvez