Private equity firms have $1.2 trillion to spend on NFL teams. Will the league finally let them? [Fortune]
![Fortune](../../../Content/images/providers/Fortune.png)
PJT Partners Inc. Class A (PJT)
Last pjt partners inc. class a earnings: 4/28 06:50 am
Check Earnings Report
US:NYSE Investor Relations:
ir.pjtpartners.com/investor-relations/default.aspx
Company Research
Source: Fortune
But now the league is set to change its rules and allow private equity firms, which make their living buying and flipping businesses, to invest in teams. Could this change how the league—and many people's favorite teams—do business? The short answer is we shouldn't expect an onslaught of buyout shops bidding for NFL teams just yet. But there will be interest. The NFL's guaranteed TV deals could be worth more than $126 billion by 2033, according to Forbes In recent years, valuations of NFL teams have soared, prompting considerable interest in the league's 32 franchises. Last year, for instance, Dan Snyder sold the Washington Commanders for a record $6.05 billion to a group of investors led by Josh Harris. Snyder paid $800 million for the team—then called the Redskins—in 1999. The purchase of the Commanders stands as the most expensive sale of an American sports franchise, even eclipsing the $4.65 billion paid for the Denver Broncos in 2022. If billionaires can no longer afford sp
Show less
Read more
Impact Snapshot
Event Time:
PJT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PJT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PJT alerts
High impacting PJT Partners Inc. Class A news events
Weekly update
A roundup of the hottest topics
PJT
News
- MRI Software Acquires Insurent, a Leader in Guarantor Insurance Services [Yahoo! Finance]Yahoo! Finance
- HYZON REALIGNING COMPANY STRATEGY TO FOCUS ON CORE NORTH AMERICAN MARKETS AND REFUSE INDUSTRY [Yahoo! Finance]Yahoo! Finance
- Private equity firms have $1.2 trillion to spend on NFL teams. Will the league finally let them? [Yahoo! Finance]Yahoo! Finance
- Some Intrum Creditors Face Restrictions as Debt Talks Heat Up [BNN Bloomberg (Canada)]BNN Bloomberg
- Pimco Starts iHeart Creditor Group as Fresh Brawl Shapes Up [Yahoo! Finance]Yahoo! Finance
PJT
Earnings
- 5/2/24 - Beat
PJT
Sec Filings
- 6/24/24 - Form 4
- 6/24/24 - Form 4
- 6/24/24 - Form 4
- PJT's page on the SEC website