Deals
NFL Owners May Soon Be Able to Borrow a Whole Lot More Money
- League mulls upping debt limit to $1 billion from $350 million
- Change would apply to people looking to finance team purchases
Photographer: Richard Sheinwald//Bloomberg
Buying a National Football League team may get a whole lot easier.
The NFL is considering drastically increasing the amount of money prospective owners are allowed to borrow, according to two people familiar with the plans. The move could expand the pool of potential buyers the next time one of the league’s multibillion-dollar franchises comes up for sale.