Mar 4, 2022
Per Daniel Kaplan: The last time an NFL team hit the market, the process got bogged down with bidders who were scrambling behind the scenes to find investors to finance their bids.
The NFL wants to avoid a repeat of that paradigm with the sale of the Denver Broncos, informing the trust that is selling the team that preliminary offers need to be fully capitalized, according to a finance source.
Source: The Athletic
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