Private-equity firm Ares Management is interested in more NFL franchises after it took a 10% stake in the Miami Dolphins.Photo: Getty Images
After history-making investment, private-equity firm Ares is on the hunt for more NFL team stakes
Private-equity firms are now allowed to invest in National Football League franchises for the first time, as the cost of running teams requires ever more cash
Ares Management Corp. remains interested in investing in other National Football League teams after its historic move to buy a 10% stake in the Miami Dolphins, a source familiar with the private-equity firm told MarketWatch.
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values the entire Dolphins franchise at $8 billion, the source said, and is part of an expected rise in private-equity investment in U.S. professional sports teams.
