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Robert Kraft to sell 8% of Patriots to Sixth Street, Dean Metropoulos
Youtubeยท 2025-09-25 21:27
New England Patriots are reportedly selling a nearly 10% stake in the team to a pair of private equity firms. Let's bring in CNBC senior sports reporter Mike Ozanian for more. Mike.>> Yeah, this is a really rich valuation. Morgan, Robert Craft, who owns the team, is selling 8% at a $9 billion valuation. And just two quick things I think are important I'd like to point out.Number one is if you look at the revenue multiple of this deal, it's a little over 11 times revenue, which if you go back to two years ag ...