Eagles Owner Jeff Lurie Considering Minority Stake Sale

1 min read
Source: NBC Sports Philadelphia
Eagles Owner Jeff Lurie Considering Minority Stake Sale
Photo: NBC Sports Philadelphia
TL;DR

Jeff Lurie, owner of the Philadelphia Eagles, is considering selling a minority stake in the team, which he bought in 1994 for $185 million and is now valued at $7.5 billion. Lurie is working with investment bank BDT & MSD to find potential buyers but insists there is no path to a controlling interest. The exact percentage for sale is undetermined, and a deal may not materialize. This move is unlikely to affect the team's day-to-day operations, and Lurie has been increasingly involving his son Julian in team operations. The Eagles have not commented on the report.

Share this article

Want the full story? Read the original reporting

Read on NBC Sports Philadelphia