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Jeffrey Lurie Selling 8% of the Eagles for a Whole Lot of Money
Published:
This had been reported previously, but Jeffrey Lurie selling off a portion of the Eagles is now official:
Jeffrey Lurie and the Philadelphia Eagles received NFL approval for the sale of an 8% interest of the team to two family investors, per league source. The sale was based on a valuation of the team up to $8.3 billion and Lurie maintains complete control of the team. pic.twitter.com/57jJUOs0Xu
— Adam Schefter (@AdamSchefter) December 11, 2024
$8.3 billion valuation. That’s a lot of money! Lurie bought the Eagles 30 years ago for less than $200 million. Talk about an appreciating asset.
There’s a rumor going around that the Eagles want to build a new stadium with a retractable roof. If you sell off 8% of a team valued at more than eight billion, there’s a large chunk of your stadium money right there. Just a rumor though! We will “effort” more information.
Kevin has been writing about Philadelphia sports since 2009. He spent seven years in the CBS 3 sports department and started with the Union during the team's 2010 inaugural season. He went to the academic powerhouses of Boyertown High School and West Virginia University. email - k.kinkead@sportradar.com