The 49ers sell a minority share of the team to 3 Bay Area families
The Niners said the investments that give the new families a non-controlling minority interest in the team were approved by the NFL at league meetings on Tuesday.
The shares were purchased by the Deeter family, led by Byron and Allison Deeter; the Griffith family, led by Calla and Will Griffith; and the Khosla family, led by Neal and Vinod Khosla.
Sportico first reported the deal last week, saying it was for about 6% of the team and an $8.5 billion valuation.
Byron Deeter is a partner at Bessemer Venture Partners
Will Griffith is a partner at ICONIQ, a global investment firm.
Neal Khosla is the CEO and founder of Curai, an artificial intelligence-enabled primary care company.
The York family, led by team CEO Jed York, remain majority owners of the Niners and have full control of the team.
___
AP NFL: https://apnews.com/hub/NFL
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Geek Wire
an hour ago
- Geek Wire
Football nerd: Seattle Seahawks head coach Mike Macdonald blends tradition and innovation
Last year, Mike Macdonald became the first head coach in Seahawks history to reach 10 wins in his first season. The 2025 campaign kicks off next month. (GeekWire Photo / Taylor Soper) It's about 10 minutes into my interview with Mike Macdonald, and I get the sense that the Seattle Seahawks head coach is a little geeky. 'Geek is a compliment,' he said. 'I've been called a football nerd.' Macdonald, 38, became the NFL's youngest head coach when he joined the Seahawks last year. He was also a straight-A student in high school and graduated summa cum laude with a finance degree from University of Georgia. So it's not a big surprise that Macdonald embraces innovative tools and strategies. In an interview with GeekWire earlier this year at Lumen Field, Macdonald described his approach as a hybrid of traditional football fundamentals and modern technology. 'We have a philosophy in Seattle: old school principles, new school methods,' he said. 'We're going to build on a strong foundation, but whatever we can do to give us an edge — we're going to get after it.' Thanks to advanced tracking and analytics, NFL teams have more data than ever — and it's changing how the game is played. One clear example: how coaches approach fourth down decisions. 'We have a way to measure the advantage you get for going for it on fourth down,' Macdonald said. 'Every team has that.' That data can shift play-calling not just on fourth down but throughout an entire drive, Macdonald said. Macdonald doesn't see analytics and instinct as mutually exclusive — instead, he views data as a decision-making tool to support what coaches already know from film, practice, and experience. 'It's a constant balance,' he said. We spoke to Macdonald as part of an event showcasing Microsoft's partnership with the NFL, which now includes use of the company's Copilot AI software for scouting, allowing teams to get immediate insights by simply asking questions versus waiting for analysts to crunch spreadsheets. 'Earlier information is better,' Macdonald said. Macdonald, who was previously the Baltimore Ravens defensive coordinator, last year became the first coach in franchise history to reach 10 wins in his first season. He'll try to top that mark as the Seahawks kick off their 2025 season next month. We ended our chat with a little quick-hit Q&A. Mac or PC? 'I had a PC in college. I switched to Mac. But ever since I've been working in football, I've been on a PC.' Favorite video game: 'Madden. I've stopped playing the last couple years, but I love Madden. Loved NCAA back in the day. MVP Baseball 2005 was a great game.' Favorite app: 'Text message app. I get more text messages now, holy smokes.' What should GeekWire readers know about you? 'I'm an open book on this stuff. I think it's cool to be into stuff that is high-tech, data-driven. You're telling me you're smart and you're trying to find edges and trying to find new frontier — that's cool to me. It sounds like a winning formula.'
USA Today
an hour ago
- USA Today
Eagles outbid an NFC West rival for John Metchie
Eagles outbid an NFC West rival for John Metchie Don't interpret what hasn't been said, and please don't assume what hasn't been written. Covering the Philadelphia Eagles' general manager, Howie Roseman, has been a fulfilling experience. His mastery of all things salary cap has provided tons of opportunities for storytelling. His drafts get better and better. Few experiences rival the adrenaline rush of another ingenious roster move, most of which seemingly come out of nowhere. Our main question is simple: Why do the general managers of other teams still answer the phone when they see this guy's name on their caller ID? If you haven't heard, Roseman has struck again. His latest target is none other than the Houston Texans. Howie Roseman outwits the San Francisco 49ers News travels fast around Eagles-centric circles, so we doubt many haven't heard the news. John Metchie is an Eagle now. Here are the details of the trade. Would it be an overstatement to say Howie Roseman fleeced another NFL team? Sure, Philadelphia swaps a fifth-rounder for a sixth, but landing Metchie by simply moving on from Harrison Bryant feels like a win, right? Buckle up, friends. That isn't even the best part of the deal. The rumor mill is churning. Various NFL sources, including Jordan Schultz, report Philadelphia competed with the San Francisco 49ers to land Metchie. We see how that turned out. Roseman's shrewdness may have kept a potential difference-maker out of the hands of another NFC contender. The NFC West feels like it's property of the Los Angeles Rams now, but that doesn't mean the 49ers won't make noise during the regular season. Time will tell if this forces them into action and doing their due diligence to land another offensive weapon for Kyle Shanahan, Brock Purdy, and company.
Yahoo
3 hours ago
- Yahoo
SoundHound (SOUN) Upgraded to ‘Buy' by Ladenburg After Strong Q2 and Amelia Acquisition
SoundHound AI (NASDAQ:SOUN) is one of the SoundHound AI (NASDAQ:SOUN) is one of the best midcap AI stocks to buy right now. On August 11, 2025, Ladenburg Thalmann upgraded SoundHound from Neutral to Buy and raised its price target from $9 to $16. The upgrade followed strong Q2 results and renewed confidence in the company's long-term trajectory. The analyst cited momentum across multiple segments, including enterprise voice AI, automotive integrations, and restaurant partnerships. They also noted that the recent acquisition of Amelia has expanded SoundHound's capabilities in conversational AI, while the launch of Vision AI adds another layer to its platform differentiation. Copyright: natashamam / 123RF Stock Photo Ladenburg expects SoundHound to generate over $270 million in revenue by 2027 and achieve double-digit adjusted EBITDA margins. While they acknowledge the company's 22x EV/revenue multiple as elevated, they believe the upside potential outweighs valuation concerns. The firm pointed to improving revenue visibility, expanding deal flow, and increased demand for AI-native solutions as strong tailwinds going forward. SoundHound AI is a California-based voice AI company that builds natural language understanding and speech recognition platforms for businesses. Its technology is deployed across industries including automotive, restaurants, and customer service, enabling users to interact with systems through voice and vision interfaces. While we acknowledge the potential of SOUN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and .
