The Newsroom
Deals·October 21, 2026 at 12:15 PM EDT·2 sources

Apollo, Blackstone Have NFL Aspirations, Seek Approval to Buy Stakes in Teams

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News

What happened

  • Blackstone and an Apollo Global Management unit are in talks with the NFL to join its approved private-equity firms list.
  • Approval would allow the firms to take minority stakes in NFL teams, according to people familiar with the matter.

Why it matters

NFL approval could expand private-equity participation in team ownership and create potential sports investment opportunities for sponsors and private-capital professionals.

What to watch. Whether the NFL approves Blackstone and Apollo’s unit for its list of authorized private-equity investors.

Deal terms

stake
Blackstone Inc. and an Apollo Global Management Inc. unit → NFL teams
Value
—
Investors
Blackstone Inc., Apollo Global Management Inc. unit
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Timeline

  1. First reported by BloombergOct 21
    Apollo, Blackstone Have NFL Aspirations, Seek Approval to Buy Stakes in Teams
  2. Private Equity Wire reportsOct 22
    Apollo and Blackstone seek approval for NFL investments

Who is involved

stake inApollo, Blackstone Have NFL Aspirations, Seek Approval to Buy…NFL teamstargetBlackstone Inc. and an Apollo Global Management Inc. unitBX · buyer
CompanyThe deal

Sources (2)

  1. BloombergOct 21
    Apollo, Blackstone Have NFL Aspirations, Seek Approval to Buy Stakes in Teams
  2. Private Equity WireOct 22
    Apollo and Blackstone seek approval for NFL investments

Related

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