Sidley Represents Minority Investor in Historic Patriots NFL Franchise Sale

Sidley represented a minority investor in connection with an investment of 5% in the New England Patriots NFL franchise, with a valuation of over $9 billion. The historic sale represents the first time Patriots owner Robert Kraft has sold any part of the team since he acquired it for US$172 million in 1994, and it took place alongside a simultaneous 3% sale to private equity firm Sixth Street. The sale was approved by the NFL at ownership meetings in October, and the transaction closed on November 10, 2025.

The Sidley team was led by Irwin Raij and Axel Miranda (Entertainment, Sports and Media) and included Alyssa Levy (Entertainment, Sports and Media), with support from Rachel Kleinberg and Jonathan Westreich (Tax).