• Loading stock data...
Wednesday, January 14, 2026

NFLPA Head Has Side Hustle With PE Firm That Can Invest in NFL Teams

Lloyd Howell Jr. faces fresh controversy for a part-time consultant role he has with one of the PE firms that is allowed to invest in NFL teams.

Feb 5, 2025; New Orleans, LA, USA; NFLPA executive director Lloyd Howell during the NFLPA press conference at the Super Bowl LIX media center at the Ernest N. Morial Convention Center.
Kirby Lee-Imagn Images

The NFLPA’s embattled executive director, already under fire for his handling of the collusion case over fully guaranteed contacts, is facing fresh controversy because of a part-time consultant role he has with one of the private-equity firms that is approved to invest in NFL teams.

Lloyd Howell Jr. has been working as a part-time, paid consultant for Carlyle Group’s aerospace and defense investment team since March 2023—three months before he was elected into his NFLPA leadership role—according to ESPN. Carlyle is one of the four private-equity firms that were approved to buy passive minority stakes in NFL teams last summer.

Howell is apparently aware that his Carlyle role could raise questions; in September 2024, a senior union lawyer asked him to consider stepping down from the PE firm to “avoid the appearance of a conflict of interest if the term takes an ownership stake in an NFL franchise,” but Howell declined, ESPN reported Thursday.

Carlyle spokesperson Kristen Ashton said in an emailed statement that Howell “had no access to information about the NFL and Carlyle process beyond public news reports due to strict Carlyle information barriers in place,” and that the firm “was not aware of the request from union lawyers for Lloyd to resign from Carlyle.”

News of Howell’s role with Carlyle, and the revelation he declined a union attorney’s request to step down, comes as he has been scrutinized for his role in keeping private an arbitration decision from earlier this year that cleared the league and its owners of collusion allegations. The ruling—unearthed by journalists Pablo Torre and Mike Florio—made clear that the evidence was not sufficient to prove collusion, though some communications between league executives and team owners appear to have toed the line.

Although it’s not unusual for arbitration rulings like the one in this case to be kept from the public, it’s notable that many members of the NFLPA—players—did not know about the specifics of the decision until recently. ESPN reported Wednesday that the NFL and senior leaders of the NFLPA, including Howell, “struck an unusual confidentiality agreement that hid the details” of the ruling.

The collusion case dates back to October 2022—months after Deshaun Watson signed a five-year, fully guaranteed contract with the Browns worth $230 million—when the NFLPA filed a grievance against the league, alleging collusion by team owners to limit fully guaranteed contracts. The grievance originally centered on three quarterbacks—Lamar Jackson, Kyler Murray, and Russell Wilson—but was later expanded to seek relief on behalf of 594 players.

A source familiar with the matter confirmed Thursday that the NFLPA intends to appeal the ruling, something that was included in ESPN’s Wednesday report.

Howell faces an additional headache. According to ESPN, the NFLPA last month hired veteran litigation attorney Ronald C. Machen of WilmerHale to assist a special committee of players in reviewing Howell’s “activities as the executive director.” Machen’s hiring came in response to a reported investigation by the FBI and federal prosecutors over the union’s “financial dealings” tied to a licensing firm called OneTeam Partners (that probe has also ensnared the MLBPA).  Machen did not immediately respond to a request for comment Thursday.

The NFL did not immediately respond to a request for comment. A representative for the NFLPA declined to comment.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

49ers

NFL Wild-Card Games Draw Massive Viewership

The bullish viewership includes another league streaming record.

Get Ready for the Mike Tomlin TV Sweepstakes

“Every network will offer him a job,” one source predicts.
Dec 14, 2025; Inglewood, California, USA; Fox broadcaster Tom Brady is seen prior to the game between the Detroit Lions and the Los Angeles Rams at SoFi Stadium.

Tom Brady’s Wild-Card Clinic Showed He’s Made the Jump

Brady has been more willing to criticize the play of QBs like Jalen Hurts.
exclusive

ESPN Wants More Josh Pate in Its College Football Coverage

The college football analyst stands to make millions.

Featured Today

Black Rabbit

The Netflix Star Who Makes Sure NBA Players Have Clean Towels

How a Nets staffer landed a breakout role on “Black Rabbit.”
January 9, 2026

NHL Ditched Its Dress Code. Hockey’s Fashion Era Arrived Quickly

With no dress code, impeccably dressed players are seeing big-money deals.
January 6, 2026

Hockey in Florida Was Once a Risk. Now It’s Thriving

The state of Florida has become a traditional—and highly lucrative—market.
Dec 30, 2025; Los Angeles, California, USA; Los Angeles Lakers guard Luka Doncic (77) reacts after scoring a basket against the Detroit Pistons during the second half at Crypto.com Arena
January 4, 2026

Why Pro Sports Team Valuations Will Keep Climbing in 2026

Asset scarcity and increasing media-rights deals underpin soaring valuations.
Sep 27, 2025; Bethpage, New York, USA; Team Europe golfer Jon Rahm on the 16th hole on the penultimate day of competition for the Ryder Cup at Bethpage Black.

Remaining LIV Stars Say They Won’t Follow Koepka to PGA Tour

The three players are eligible for the new “Returning Member Program.”
Athletes Unlimited
January 13, 2026

Athletes Unlimited Softball League Drops Touring Model

The league will play in six host cities associated with each team.
January 13, 2026

EuroLeague Defends Its Turf As NBA Pitches League to Investors

EuroLeague threatened legal action if the NBA tries to poach contracted teams.
Sponsored

ESPN Edge Innovation Conference 2025: Inside the Technology Shaping the Future of..

At ESPN Edge Innovation Conference 2025, ESPN showcased how AI, immersive tech, and a rebuilt direct-to-consumer platform are redefining the future of sports media.
Jan 12, 2026; Buffalo, New York, USA; Buffalo Sabres right wing Alex Tuch (89) looks to make a pass during the second period against the Florida Panthers at KeyBank Center.
January 13, 2026

With NHL Draft Headed to Buffalo, League Eyes New Stadium for Outdoor..

The expected game will celebrate the 20th anniversary of the first Winter Classic.
Nov 3, 2025; Arlington, Texas, USA; NHL commissioner Gary Bettman looks on before the game between the Dallas Cowboys and the Arizona Cardinals at AT&T Stadium.
January 12, 2026

NHL, Union ‘Pleased’ With Olympic Arena Progress

The league and union express support for local Olympics organizers.
Jackie Young
January 12, 2026

WNBA and Union Agree to Freeze Free Agency As CBA Talks Drag..

The league and union are now negotiating a second deal amid CBA talks.
Jan 13, 2025; Melbourne, Victoria, Australia; A general view of Court 3 during the 2025 Australian Open at Melbourne Park.
January 12, 2026

Australian Open Draws Big Day 1 Attendance, On Pace for New Record

The 1 Point Slam will feature several top-ranked tennis stars.