Chicago Bears waiting for NFL to approve agreement on sale of team from investor: Report
There was no need for NFL commissioner Roger Goodell to deal with the Chicago Bears on a business matter involving the McKenna Estate.
Earlier this summer, there was speculation that Goodell would have to arbitrate the sale of shares that were purchased by the late Andrew McKenna.
The Chicago Bears are waiting for the NFL to approve a deal
Per Eben Novy-Williams of Sportico, the McCaskey family and Ryan family agreed to share the nearly 2% minority share that was owned by the McKenna estate.
“The current owners of the Chicago Bears, the McCaskey and Ryan families, have reached an agreement to share the equity owned by late investor Andrew McKenna in a transaction that values the NFL team at roughly $8.8 billion, according to multiple people familiar with the details,” Novy Williams wrote.
“The two families will share the roughly 2% of the team as part of the agreement, said the people, who were granted anonymity because the details are not public. After the transaction closes, the McCaskeys will own about 77.5% of the Bears, with the Ryans holding the rest.”
The Bears are waiting the approval from the NFL for the deal to go through. Per Sportico, the Bears’ value has jumped to a valuation of $8.6 billion, up from $6.26 billion in 2024. That’s an incredible leap in one season, especially for a team that is in limbo with their stadium project.
Maybe the Bears could sell some of those shares to build a stadium?
For More Chicago Sports:
Follow me on Twitter at @JordanSig, and follow us @ChiCitySports23. You can also reach out to Jordan Sigler via email at jordanmsigler@gmail.com. To read more of our articles and keep up to date on the latest in ALL of Chicago sports, click here! Chicago Bears, Chicago Bulls, Chicago Cubs, Chicago White Sox, Chicago Blackhawks
Source: https://www.chicitysports.com/agreement-sale-investor-chicago-bears-news?utm_source=rss&utm_medium=rss&utm_campaign=agreement-sale-investor-chicago-bears-news
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,716,510,989 |
| Stories: | 8,468,885 |
Whistler Blowers, Insiders
