Friday, September 18, 2026

Brady, Mannings Among Investors in NFL Flag Football League

As the NFL continues to develop a pro flag football league, it has tapped a key operating partner and a series of blue-chip investors.

Canton Repository-Imagn Images

PHOENIX — The NFL’s plans for a pro flag football league are taking significant shape. 

A year after beginning to take inbound interest from potential partners, the league has selected TMRW Sports, the main force behind TGL, to develop and operate a pro flag football league for women and men. Additionally, the NFL has completed pacts with a series of investors that will financially support the new venture. Among them are:

  • A collection of retired NFL legends, including Peyton and Eli Manning, Tom Brady, Joe Montana, Steve Young, Larry Fitzgerald, and Justin Tuck, among others. Several active players, including Bobby Wagner, Russell Wilson, and Arik Armstead, have also bought into the venture. 
  • A series of institutional investors that includes Ariel Investments, Project Level, Bessemer Venture Partners, Blue Pool Capital, Dynasty Equity, Silver Lake, and Sixth Street. Additional investors include Apex Capital, Arctos Partners, Bolt Ventures, Next Legacy Partners, Trenches Capital, Trybe Ventures, and Alexis Ohanian’s Seven Seven Six.
  • Women’s sports icons Billie Jean King, Ilana Kloss, Alex Morgan, and Serena Williams. 

TMRW was chosen to stand the league up after a “competitive” process that included multiple interested operators, the NFL said.

In December, NFL teams voted to invest up to $32 million in total—$1 million per team—to support the league’s development and launch. That vote was unanimous, a source familiar with the matter told Front Office Sports at the time. Total investment by the other investment partners was not disclosed. 

“Flag is fundamental to our international strategy, and our overall league strategy,” NFL EVP Peter O’Reilly said at the league’s annual meeting here. “It’s about growing the game, giving access to the sport, to girls and boys, men and women. … It’s been critical to find the right partner, to lock arms with and bring this league to life. We have identified that partner. In their DNA is innovation and technology and building sport.”

The forthcoming league, happening as flag football is slated to be part of the 2028 Summer Olympics in Los Angeles, is contemplated as a spring and summer venture. Several NFL teams, including the Chiefs, have said they would like to be involved, including as potential franchise owners. 

Under TMRW’s guidance, TGL recently reached viewership milestones in its second season.

“The momentum behind flag football has been building for decades,” said TMRW founder and CEO Mike McCarley. “The pathway is there, and you see it in the communities. But what’s been missing in that pathway is a professional league.”

International Boom

The NFL is buttressing its unprecedented set of nine international games in the 2026 season with a series of additions to the existing Global Markets Program, now entering its fifth season. 

Italy is now part of that effort, with the Browns and Saints gaining rights to that country. The Raiders, meanwhile, have added Canada, the United Arab Emirates, and the U.K. to their set of territories that already includes Australia, Mexico, and New Zealand. The UAE was a new entrant to the Global Markets Program last year. 

“We continue to be focused on international in every aspect of what we do,” O’Reilly said. “We see a lot of momentum in this area, really across the board.”

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Sep 10, 2026; Melbourne, Victoria, Australia; Los Angeles Rams head coach Sean McVay during practice at Marvel Stadium. Mandatory Credit: Kirby Lee-Imagn Images

McVay’s Australia Gripe Highlights NFL’s Business-Football Divide

The Rams coach is looking to forget the team’s struggles in Australia.
Hot & Social/Mets

Sports Teams Are Playing a New Role: Matchmaker

The latest promotion at the stadium? Love.
Sep 17, 2026; Orchard Park, New York, USA; Buffalo Bills wide receiver Joshua Palmer (5) runs to score a touchdown during the first half against the Detroit Lions at New Highmark Stadium. Mandatory Credit: Gregory Fisher-Imagn Images

Bills Mafia Steals the Show in $2.2B Highmark Stadium Debut

The new stadium easily transcended its league-low seating capacity.
Sep 11, 2026; Melbourne, AUS; San Francisco 49ers quarterback Brock Purdy (13) rushes the ball in the second half against the Los Angeles Rams at Melbourne Cricket Ground. Mandatory Credit: Kirby Lee-Imagn Images

NFL Week 1 Ratings Fall 13% Despite New Broadcast Schedule

The league saw a surprisingly sharp drop in viewership.
podcast thumbnail mobile
Front Office Sports Today

NFL Ratings Dip, Steve Belichick Resigns, Knicks Ticket Refunds

0:00

Featured Today

Exclusive

Vicious Infighting Is Jeopardizing the Future of Women’s Baseball

The WPBL’s own CEO admits there’s a “power struggle.”
September 17, 2026

Fantasy Football Drafts Are Turning Into Full-Blown Vacations

Leagues are foregoing solo drafts and replacing them with in-person getaways.
Oct 4, 2025; Tempe, AZ, USA; General action during the first period of the game between the Arizona State Sun Devils and the Penn State Nittany Lions at Mullett Arena
September 10, 2026

How Military-Style Workouts in College Sports Get Dangerous

For elite athletes, high-intensity training can be “very appealing.”
September 6, 2026

Is Carolyn Tisch Blodgett the Future Face of Giants Ownership?

Amid changes at top of Giants ownership, eyes are on Tisch Blodgett.
September 4, 2026

Wild Transfer Window Shows How Premier League Towers Over Soccer

Spending in England vastly outstripped the rest of Europe.

ESPN Draws 23.2M Viewers for Week 1 of ‘Monday Night Football’

It’s the third-most-watched game of all 362 ESPN MNF broadcasts.
September 16, 2026

WTA Finals Moving to Charlotte in 2027 As U.S. Push Continues

The 2026 WTA Finals will be played at Indian Wells.
September 16, 2026

NFL Blocks Teams From Signing ex-LSU Players

Dae’Quan Wright’s agent says the tight end is exploring his legal options.
Sponsored

Drew Weatherford’s Bet on the Youth Sports Economy

Drew Weatherford discusses investing across the youth, college and professional levels.
September 15, 2026

Networks Get Mixed Results With Week 1 NFL Viewership

CBS sees some viewership attrition, while NBC rebounded Sunday night.
Jun 23, 2026; New York, NY, USA; NBA commissioner Adam Silver during the 2026 NBA draft at Barclays Center. Mandatory Credit: Brad Penner-Imagn Images
September 15, 2026

Adam Silver: It Would Be a ‘Failure’ If Trail Blazers Left Portland

Silver spoke after the NBA Board of Governors meetings in New York.
September 15, 2026

PGA’s 2028 Changes Include Money Exemption—but No LIV Pathway

The top 50 members on the Tour’s career money list are eligible.
Jan 29, 2026; Detroit, Michigan, USA; Washington Capitals right wing Ryan Leonard (9) gets set during a face off in the first period against the Detroit Red Wings at Little Caesars Arena
September 15, 2026

NHL’s Eleventh-Hour Scramble to Lock In 8-Year Deals

Teams are pushing to sign players to max-length contracts before terms drop.