nfl

Philadelphia Eagles reportedly valued at record $7.5 billion as owner Jeffrey Lurie explores sale of minority stake

06-06-2024
2 min read

Philadelphia Eagles owner Jeffrey Lurie is reportedly looking to sell a minority stake in the franchise, and the asking price could potentially reset the market on American sports franchises.

According to a report from Gillian Tan at Bloomberg, the stake being shopped around could have the Eagles valued at $7.5 billion.

The Washington Commanders were the last team to hit the open market, and were ultimately purchased by a group led by Josh Harris for a price of $6.05 billion.

According to Bloomberg, any potential deal with the Eagles is still in its earliest stages, and Lurie has no plans of giving up control of the team.

“The size of the minority stake hasn’t been determined, and interested parties have been told there will be no path to a controlling stake, the person said,” wrote Tan. “Talks are at an early stage, and it’s possible that no deal will be reached.”

The Eagles kick off their 2024 season in Brazil on September 6 with a game against the Green Bay Packers.