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The San Francisco 49ers are the latest NFL team to consider a minority stake sale to private equity or other investors.

The San Francisco 49ers are exploring selling a 10% stake at a valuation of more than $9 billion, according to people familiar with the matter, potentially making it one of the world’s most expensive sports teams.

The San Francisco 49ers are the latest NFL team to explore selling up to 10 percent of the franchise, according to multiple media reports on Wednesday.

The San Francisco 49ers could have a new minority owner soon. A report from Sports Business Journal indicates the 49ers are “‘exploring selling’ a 10 percent stake at a valuation of more than $9 billion.

As franchise values keep going up and up, more and more teams are looking to turn slices of equity into cold, hard cash.

The 49ers are considering selling a 10% stake, potentially valuing the team at $9 billion, as NFL teams embrace private equity deals.