NFL Minority Owner

Job Description Template Last Updated:
March 13, 2023

Job Description Overview

An NFL Minority Owner is a person who owns a portion of an NFL team, typically less than 50%. Unlike majority owners, NFL Minority Owners have less control over the team's day-to-day operations, but they still play an important role in the success of the franchise. 

NFL Minority Owners help to finance the team's operations, contribute to major decision making, and serve as ambassadors for the team and the league. They attend meetings, work closely with the general manager and other team executives, and help to recruit and retain players. They may also participate in fundraising events and sponsorships, and use their connections to help the team increase its fan base and visibility in the community. 

To be successful in this role, an NFL Minority Owner must have a strong understanding of the sports industry, finance, and business management. They must also have excellent communication and leadership skills, be passionate about football, and be willing to invest time, money, and resources in the team. If you're interested in this NFL Minority Owner job description, you can learn more about it by researching online or contacting a current NFL team.

Job Duties and Responsibilities

  • Invests money in the team's ownership group
  • Attends team events and games, and supports the team publicly
  • Engages in the team's business and strategy decisions
  • Votes on major decisions affecting the team
  • May serve on the team's board of directors or executive committee
  • May provide expertise in areas where the team seeks improvement
  • Builds relationships with other owners, league officials, and team management
  • May participate in community outreach and charitable initiatives supported by the team
  • Supports the team's efforts to achieve success on and off the field
  • Aligns with the team's vision and values, and works collaboratively with other owners for the greater good of the team.

Experience and Education Requirements

To become an NFL minority owner, you need a combination of education and experience in the sports industry. The typical education requirement is a bachelor's degree in business, finance or sports management. Experience-wise, you'll need to have worked in the sports industry in a top executive role, like a CEO, COO or team president. You'll also need to have extensive experience negotiating deals and managing budgets. In addition, being well connected within the sports industry can help you get noticed by teams looking for minority owners. It's important to note that opportunities to become minority owners are rare, and typically only available to people with a proven track record of success in the industry.

Salary Range

NFL Minority Owner salary range varies based on team value, percentage owned and investment size. According to Forbes, the average NFL team is worth $2.7 billion, with the Dallas Cowboys topping the list at $5.5 billion. If we assume a minority owner invests 10% of the team value, then the expected salary range would be between $270 million and $550 million. However, not all NFL teams are equally valuable, and not all minority owners invest the same amount. In some cases, minority owners could also receive a portion of profits or revenue sharing. Overall, it's difficult to pin down an exact salary range, but it's safe to assume that owning a stake in an NFL team requires a significant amount of capital. 


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Career Outlook

Being an NFL Minority Owner in the sports industry can be a lucrative career, but it's not without challenges. The good news is that the outlook for this role over the next five years is positive. The NFL is expanding and globalizing, which will create more opportunities for Minority Owners to get involved at the ground level. Additionally, the trend of diversity and inclusion within the league is driving a push for more diversity in ownership. This bodes well for individuals who are from underrepresented backgrounds and who want to get involved in sports ownership. Overall, it's a good time to be an NFL Minority Owner, and the future looks even brighter.


Frequently Asked Questions (FAQ)

Q: What is an NFL Minority Owner?

A: An NFL Minority Owner is a person or group of people who own less than 50 percent of an NFL team.

Q: What is the role of an NFL Minority Owner?

A: An NFL Minority Owner has a financial interest in the team, but they are not involved in the day-to-day management or decision-making of the team.

Q: How much does it cost to become an NFL Minority Owner?

A: It can cost millions of dollars to become an NFL Minority Owner, as teams are incredibly valuable and can sell for billions of dollars.

Q: What are the benefits of being an NFL Minority Owner?

A: Being an NFL Minority Owner can provide financial returns if the team is successful, as well as the opportunity to attend games, access to events, and networking opportunities.

Q: How do I become an NFL Minority Owner?

A: To become an NFL Minority Owner, one must have the financial means to invest in a team and be approved by the NFL owners. It typically involves networking and making connections within the industry.

Cover Letter Example

I am submitting my application for the position of NFL Minority Owner with great excitement and anticipation. My [experience] in the sports industry has provided me with a strong foundation in business strategy, negotiations, and relationship building, all of which will allow me to excel in this role. Throughout my [qualifications], one of my greatest strengths has been my ability to bring diverse perspectives and ideas to the table while working towards a common goal.

I understand the great responsibility that comes with being a minority owner of an NFL team, and I am confident that my passion for sports and commitment to excellence make me an ideal candidate for the position. My experience working with [organization] has prepared me for the challenges of owning and operating a successful sports franchise. I believe that my unique background and skill set, combined with my unwavering dedication to success, make me an exceptional candidate for this position. Thank you for considering my application, and I look forward to the opportunity to speak with you further about how I can contribute to your team's success.

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