NFL’s Patriots Selling 8% Stake at $9+ Billion Valuation

The New England Patriots have reached an agreement to sell an 8% stake in the franchise at a valuation exceeding $9 billion, according to multiple people familiar with the details. The buyers are Sixth Street and billionaire Dean Metropoulos. Sixth Street is buying 3%, while Metropoulos will own 5%. The Kraft family will still own …