Jeffrey Lurie Reportedly Exploring Minority Stake Sale in Eagles

Philadelphia Eagles Chairman and CEO Jeffrey Lurie is reportedly exploring selling a minority stake in the team.

First reported by Bloomberg’s Gillian Tan, Lurie has reportedly engaged BDT & MSD, a merchant bank, to assist with the exploration. Lurie has also reportedly told potential buyers that there is no path to a controlling stake in the team.

Lurie bought the Eagles 30 years ago this year from former owner Norman Braman for $194 million (approximately $410 million in 2024 dollars). The team is estimated to be worth approximately $7.5 billion.

Lurie’s son Julian is the heir apparent to the team when the elder Lurie decides to hand over the reins.

“He’s unbelievably passionate,” Lurie observed at the 2023 NFL Annual Meeting in Phoenix, Arizona. “By the time he has a chance to take over, he’ll be so much more prepared than I ever was.”

In the meantime, Julian remains a key part of the franchise’s front office staff.

“My goal for him is for him to experience as much of the franchise as possible,” Lurie said at the same meeting, “both on the business side and the football side, and the community side.”