Eagles Stake Sale to Kim and Peskowitz Finalized

Philadelphia Eagles owner Jeffrey Lurie has sold an 8% minority stake in the team to two family investment groups, valuing the franchise at $8.3 billion. The new investors include Susan Kim, chair of Amkor Technology, acquiring a 3.25% stake, and the Peskowitz family, led by Ed Peskowitz's children, acquiring a 4.75% stake. Despite this sale, Lurie retains full control of the team, having owned it since 1994 when he purchased it for $185 million. The deal was approved during the NFL owners' meeting, reflecting the rising value of NFL franchises. This sale follows a recent NFL policy change allowing private equity investments, though Lurie chose traditional investors. The Philadelphia Eagles, valued at $7 billion in September 2023, have seen significant growth under Lurie's ownership, including a Super Bowl win in 2018.