• Loading stock data...
Monday, September 15, 2025
One Day till Tuned In! Get a Last Second Ticket!

Buffalo Bills in Talks to Sell Stake to PE Firm Arctos: Report

  • The Bills have been exploring a minority stake sale for months.
  • Since August, private equity firms can buy up to 10% of NFL teams.
Oct 27, 2024; Seattle, Washington, USA; Buffalo Bills quarterback Josh Allen (17) passes against the Seattle Seahawks during the second quarter at Lumen Field.
Joe Nicholson-Imagn Images

Arctos Partners could be adding another team to its portfolio. 

The investment firm is in talks to buy a minority stake in the Buffalo Bills, according to Bloomberg, adding the NFL franchise to its growing list of assets, which include Paris Saint-Germain and the PGA Tour

A spokesperson for Arctos declined a request for comment. The Bills did not immediately respond to one. 

Any purchase would not be finalized until it’s approved by the NFL, but Arctos is already on the list of private equity firms allowed to buy stakes in teams, which was approved in August. PE firms can buy up to a 10% stake in a team. Dolphins owner Stephen Ross is already taking advantage of the new rule, reportedly selling a 10% stake to Ares, another approved firm and 3% to Nets and Liberty owner Joe Tsai. 

The Bills have been seeking a minority sale since April, when team owner Terry Pegula hired investment bank Allen & Company to explore a transaction. It’s unknown how much the stake is for and its valuation. The Bills are valued at $4.2 billion, according to Forbes, making the franchise the outlet’s least-valuable NFL team. Pegula, who made the bulk of his wealth in natural gas development, is worth roughly $7.6 billion.

In a statement to Front Office Sports, the Bills confirmed the Pegula family had hired Allen & Company “to explore the potential sale of a non-controlling, minority interest in the Bills. Since then, there has been a significant amount of interest, and our focus has been on finding the right partners for our organization. The process is ongoing, and any potential investor cannot be confirmed or finalized until it is approved by the NFL,” adding that the team and the Pegulas cannot comment further.

As investors scour markets for opportunities, sports has become a definitive asset class. As Arctos noted in a LinkedIn post last month, NFL franchises have consistently grown revenue at a rate of 8.6% a year since 2001 (except for the COVID-19 period). “Not only have they grown revenue, but have been able to do so with very low volatility … relative to other U.S. equity sectors and even done so during periods of economic weakness,” the company wrote.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Green Bay Packers cornerback Keisean Nixon (25) breaks up a pass intended for Washington Commanders wide receiver Noah Brown (85) on Thursday, September 11, 2025, at Lambeau Field in Green Bay, Wis. The Packers won the game, 27-18.

Amazon Shatters Previous Ratings High for 1st NFL Game

“TNF” viewership surges 35% compared to the 2024 season average.

Trump Push to End Quarterly Earnings Has Major Sports Ramifications

U.S. President Trump proposes moving to semi-annual reporting for public companies.
Joe Burrow

Joe Burrow Out for Months After Bengals’ Pricey Offseason

Tee Higgins and Ja’Marr Chase are the highest-paid WR duo in NFL history.

Tush Push Debate Heats Up in Eagles Win, Ex-NFL Rules Chief Sounds..

The Eagles are continuing to run the quarterback-sneak play.

Featured Today

PHILADELPHIA, PENNSYLVANIA - APRIL 19: A detailed view of the MLB Debut patch on the jersey of Patrick Monteverde #44 of the Miami Marlins prior to game against the Philadelphia Phillies at Citizens Bank Park on April 19, 2025 in Philadelphia, Pennsylvania.

The Tiny Jersey Patch at the Center of the MLB Rookie Card..

Autographed cards containing a piece of baseball history have upended the market.
September 11, 2025

Eagles-Chiefs Super Bowl Rematch Could Set More NFL Ratings Records

Fox will nationally televise Sunday afternoon’s matchup.
September 10, 2025

ESPN’s ‘MNF’ Ratings Up 8% As NFL Surges to Strong Start

ESPN posts its second-best Week 1 “Monday Night Football” audience.
Sep 7, 2025; Orchard Park, New York, USA; Buffalo Bills fans react during the fourth quarter against the Baltimore Ravens at Highmark Stadium.
September 9, 2025

As Bills Ascend, Their Next Frontier Lies in Canada

Buffalo and the powerful Canadian entity MLSE come together in a new pact.

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
June 24, 2025

Timberwolves’ 4-Year Ownership Saga Ends As A-Rod, Lore Take Over

The unanimous approval brought a clean end to a long-disputed transaction.
Apr 26, 2025; San Francisco, California, USA; Houston Rockets guard Fred VanVleet (5) before game three of first round for the 2024 NBA Playoffs against the Golden State Warriors at Chase Center.
June 25, 2025

Rockets Get $20 Million in Wiggle Room From New VanVleet Deal

VanVleet first signed with the Rockets in 2023.
Sponsored

How World Series Champ Dexter Fowler Became a Premier League Team Owner

Dexter Fowler discusses navigating retirement and embracing new roles as an owner & investor.
April 20, 2025

Max Verstappen Linked to $300M Aston Martin Deal Ahead of Miami GP

Aston Martin is currently seventh in the constructors championship.
March 27, 2025

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.
March 20, 2025

Maxx Crosby’s Agent: Edge Rushers Set to Dominate NFL’s Non-QB Market

Maxx Crosby just signed a three-year, $106.5 million extension.