Arctos Partners in Talks to Buy Bills Stake

The Buffalo Bills are in preliminary talks with Arctos Partners, a private equity firm, to sell a minority stake in the franchise. This comes after the NFL voted in August to allow private equity firms to acquire up to 10% stakes in teams, a significant shift aimed at increasing the value of NFL franchises. Bills owner Terry Pegula is exploring this sale while maintaining that he will retain full control of the team, as confirmed by a spokesperson. No deal has been finalized, and other potential buyers may emerge. The NFL stipulates that any investment must be approved and that private equity firms can only hold stakes in a limited number of teams. This move could set a precedent as the Bills navigate this new investment landscape.