Summary
The estate of Andrew McKenna is selling a roughly 2% stake in the Chicago Bears, with Galatioto Sports Partners managing the sale. The existing owners, likely the Halas and McCaskey families, will probably acquire the stake, but the NFL commissioner, Roger Goodell, must resolve competing rights of first refusal (ROFR) claims from both families. This sale is not due to liquidity issues, as the Bears are valued at $6.26 billion, and the recent passing of family matriarch Virginia McCaskey has consolidated control within the McCaskey family.