49ers reportedly seek to sell 6 percent stake in record transaction
If a proposed 6% sale of the 49ers goes through, the team would set a record for the highest valuation of any global sports team in a transaction.
The sale would be made at a franchise valuation above $8.5 billion, according to Sportico, which listed the team’s value at $6.86 billion in its most recent analysis. The outlet estimated the Dallas Cowboys’ value to be more than $10 billion, the highest in its rankings.
The York family, which owns more than 90% of the team, is expected to sell small portions of the team to the families of three Bay Area billionaires: Vinod Khosla, Byron Griffith and Will Deeter. Kholsa is the co-founder of Sun Microsystems, while Griffith and Deeter are in the finance world.
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Earlier this year, the owners reportedly approved an 8 percent sale of the Philadelphia Eagles at a valuation of $8.3 billion.
A 49ers spokesperson declined to comment for this story.