The Philadelphia Eagles are interested in selling a minority stake in the team. Jason Kelce is interested in buying.
“I’ll back out of the TV deal right now if you tell me I can own the Philadelphia Eagles,” Kelce said, via Yahoo Sports. “[Getting] to be an owner? That’s like another level.”
Kelce would fit the protocol Eagles owner Jeffrey Lurie wants in a minority owner. The buyer won’t have an opportunity toward owning a controlling stake of the team. The Lurie family will still be the majority owners of the Eagles — no matter who joins the ownership group.
Kelce joked with brother Travis on the “New Heights” podcast if they should consider buying a stake in the Eagles.
“I don’t know if it matters how much a minority stake it is, I don’t think we can afford it,” Jason Kelce said, also disqualifying his brother from ownership since Travis is still an active NFL player for the Kansas City Chiefs.
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The Eagles will be valued at $7.5 billion for this move, according to Bloomberg, significantly more than the $194 million Lurie spent when he purchased the Eagles in 1994. Lurie, 72, oversees the franchise, but has been in a transition process of giving that title to his son, Julian. Julian Lurie currently holds the title of business and football operations strategy with the team.
The report comes a month after NFL owners pushed back a vote to allow private equity firms to purchase stakes in franchises.
Jason Kelce is — at least — considering the opportunity. Even if ownership may be out of his price range, he does want the opportunity to own the only team he ended up playing for. Kelce made $81.7 million in his playing career and will make more with his “New Heights” podcast and other media ventures and endorsements.
He may need some help in owning a minority stake of the Eagles, but it appears Kelce wants some piece of the pie.