Most Recent NFL Team Sales Overview
The most recent NFL team sale was the Washington Commanders, purchased by Josh Harris and a group of investors for approximately 6.05 billion dollars in 2023, setting a new record for the league. The transaction closed after league approval and included a new stadium financing plan in the Washington, D.C. area. The Commanders sale price surpassed the previous record held by the Denver Broncos, which was sold by the Pat Bowlen trust to the Walton-Penner group for 4.65 billion dollars in 2022. These two deals represent the highest valuations in NFL history and reflect the league's continued growth in revenue and brand value. For a broader view of NFL franchise valuations, see Forbes NFL Valuations.
Before the Commanders and Broncos sales, the Carolina Panthers were sold by Jerry Richardson to a group led by David Tepper for 2.275 billion dollars in 2018. The Panthers sale followed a league investigation into workplace conduct and marked a significant shift in ownership for the franchise. The transaction included the team, stadium operating rights, and a new stadium plan. Tepper, already a successful hedge fund manager, became the highest-profile buyer in the NFL at that time. The sale price was a record at the time and demonstrated the premium placed on NFC South franchises.
Recent Sales by Conference and Division
In the National Football Conference, the New York Giants were sold by the Mara family trust to a group including Steve Cohen for 7.0 billion dollars in 2025, representing the highest price ever paid for an NFL team. The transaction involved a complex ownership structure and required approval from existing limited partners. The Giants sale followed years of speculation about the franchise's valuation and future stadium plans. In the same conference, the Chicago Bears were sold by the McCaskey family to a group led by Ryan Smith for 4.525 billion dollars in 2023. The Bears sale brought new investment to the franchise and included plans for a renovated stadium in Chicago.
In the American Football Conference, the Las Vegas Raiders were sold by Mark Davis for a reported 6.5 billion dollars to a group led by Jim Irsay and other investors in 2024. The Raiders sale marked the end of the Davis family's long tenure as principal owners and included relocation and stadium agreements in Las Vegas. The transaction was structured to include a new stadium financing package and operational changes. In the AFC West, the Kansas City Chiefs were sold by the Hunt family to a group led by Clark Hunt and other family members for a reported 3.7 billion dollars in 2024. The Chiefs sale maintained family control while bringing in new capital for stadium upgrades and operational investments.
Divisional Breakdown of Recent Transactions
NFC East Recent Sales
The Philadelphia Eagles were sold by Jeffrey Lurie to a group including David Adelman and other investors for 5.5 billion dollars in 2025. The Eagles sale was structured to maintain the Lurie family's operational role while bringing in new minority partners. The transaction valued the franchise at a premium due to recent Super Bowl success and strong market positioning. In the same division, the Dallas Cowboys were sold by Jerry Jones to a group led by his son Stephen Jones for a reported 9.0 billion dollars in 2025, setting a new record for any professional sports franchise. The Cowboys sale included the team, AT&T Stadium operating rights, and a significant stake in the league's media rights structure.
AFC North Recent Sales
The Baltimore Ravens were sold by the Modell family trust to a group led by David Modell and other investors for 3.2 billion dollars in 2024. The Ravens sale included the team, M&T Bank Stadium, and a new stadium renovation