ESPN’s Chris Mortensen reported Sunday that Falcons owner Arthur Blank may sell a slice of the team to rocker Jon Bon Jovi.
As it turns out, it’s a lot more than the courtesy slivers that Dolphins owner Stephen Ross has sold to the likes of Jimmy Buffett, Marc Anthony, Gloria Estefan, and others. Mort reports that Bon Jovi could be buying 15 percent of the team, at a price tag of $150 million.
The figure translates to a franchise value of $1 billion.
Though Blank downplayed the possibility of doing a deal with Bon Jovi, Mortensen says that Blank generally plans to sell of part of the team in order to raise money, possibly to help pay for a new stadium.
Under league rules, one person must own only 30 percent to qualify as the owner of an NFL team, with the exception of the Green Bay shareholder model that existed before the current rules — and with the exception of the one-time exception the league made to allow Dan Rooney and Art Rooney to count as one person.