The San Francisco 49ers are selling 6.2% of the team to three Bay Area families: the Khosla family (3.1%), the Deeters (2.1%), and the Griffiths (1%), all of whom have venture capital backgrounds, as reported by ESPN’s Nick Wagoner and The Athletic’s Matt Barrows and Dianna Russini. This sale will increase the franchise’s valuation to $8.5 billion, setting a record for a sports team’s valuation during a sale, surpassing the $6 billion purchase of the Washington Commanders in 2023. The sale is expected to be approved at the upcoming owners’ meeting next week.
