Arctos agrees to buy 10% of Falcons at $10.6 billion valuation
Private equity firm Arctos has agreed to purchase a 10 percent stake in the Atlanta Falcons at a $10.6 billion valuation, according to a CNBC report.
The Atlanta Falcons' ownership picture is shifting with a significant private equity infusion. Arctos has agreed to buy a 10 percent stake in the franchise at a $10.6 billion valuation, according to a CNBC report.
The deal underscores the rising price of NFL franchises and the league's gradual embrace of institutional capital.
Mike Ozanian (@MikeOzanian): CNBC scoop! Arctos agrees to buy 10% of Atlanta Falcons at $10.6 billion valuation, sources say
Arthur Blank has owned the Falcons since 2002, and the club has become one of the league's more valuable properties amid Atlanta's growth as a media and business hub. A $10.6 billion valuation would place the Falcons among the most richly valued teams in the league. Pro Football Talk first reported the agreement, citing the CNBC scoop from Mike Ozanian.