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76ers Owners Harris and Blitzer Acquire Stake in NFL’s Steelers

  • Private equity duo take stake of less than 5% in football team
  • Pittsburgh franchise was recently valued at $2.8 billion
Buffalo Bills v Pittsburgh Steelers

Photographer: Joe Sargent/Getty Images

The Wall Street owners of the Philadelphia 76ers and New Jersey Devils now have a toehold in the NFL.

Josh Harris and David Blitzer acquired a stake of less than 5% in the Pittsburgh Steelers earlier this year, according to two people familiar with the transaction. While no details on price were available, the pair of financiers may have paid as much as $140 million, based on the $2.8 billion value Forbes estimated for the NFL franchise last September.