To increase the pool of potential buyers as prices soar, the NFL recently voted to allow select private equity funds to own up to 10% of a franchise. II. The Process of Buying a Team

Candidates undergo intense vetting for their history of legal issues, bankruptcies, or controversial connections.

For the first time, three franchises have crossed the $10 billion threshold. The Dallas Cowboys lead with a $13 billion valuation, followed by the Los Angeles Rams ($10.5 billion) and the New York Giants ($10.1 billion).