chris98251 wrote:This opens the door for guys with Baseball teams and Basketball team that want to own a NFL team to do so, guys with billions are not just around to buy stuff like the Millionaires of old. NFL fishing for owners with deep pockets, funny how this came about right after Pauls death. and was such a sticking point for the Rams owner when he purchased them owning the Nuggets and the Ave's.

kidhawk wrote:

chris98251 wrote:This opens the door for guys with Baseball teams and Basketball team that want to own a NFL team to do so, guys with billions are not just around to buy stuff like the Millionaires of old. NFL fishing for owners with deep pockets, funny how this came about right after Pauls death. and was such a sticking point for the Rams owner when he purchased them owning the Nuggets and the Ave's.

Was that a recent policy? Allen purchased the Seahawks while owned the Trailblazers. Or was the policy something that could be overridden by a vote of the owners?

The NFL also has prohibited cross-ownership of majority interest in teams in other major American sports. Some owners, such as Stan Kroenke of the St. Louis Rams and Malcolm Glazer of the Tampa Bay Buccaneers, own teams in the English Premier League, but Kroenke was forced to cede control of the Colorado Avalanche (NHL) and Denver Nuggets (NBA) to his son when he took over the Rams in 2010.

However, that rule was also tweaked back in 1997. Now, an NFL owner can own teams in other sports if those teams are in the same city as the NFL franchise they own or in a city where there is no NFL team. Allen, for example, also owns the Portland Trail Blazers.

KitsapGuy wrote:

The NFL also has prohibited cross-ownership of majority interest in teams in other major American sports. Some owners, such as Stan Kroenke of the St. Louis Rams and Malcolm Glazer of the Tampa Bay Buccaneers, own teams in the English Premier League, but Kroenke was forced to cede control of the Colorado Avalanche (NHL) and Denver Nuggets (NBA) to his son when he took over the Rams in 2010.

However, that rule was also tweaked back in 1997. Now, an NFL owner can own teams in other sports if those teams are in the same city as the NFL franchise they own or in a city where there is no NFL team. Allen, for example, also owns the Portland Trail Blazers.

https://bleacherreport.com/articles/169 ... -franchise

El Caliente wrote:I’m not sure that this is all that new. Tom Benson owned both the Saints and Pelicans, and now his widow Gayle ownes the Pelicans/Saints/and Falcons.

Sorry about the loss of Paul Allen. A good owner is a horrible thing to lose.

drrew wrote:

El Caliente wrote:I’m not sure that this is all that new. Tom Benson owned both the Saints and Pelicans, and now his widow Gayle ownes the Pelicans/Saints/and Falcons.

Sorry about the loss of Paul Allen. A good owner is a horrible thing to lose.

This specific change allows ownership in different leagues in different markets.

For example, Kroenke could have owned the Clippers and Kings along with the Rams, but wasn't allowed to own officially own the Avalanche and Nuggets.