Eagles owner reportedly in talks to offer a minority ownership stake in the team

Eagles owner Jeffrey Lurie has begun his search for a minority partner in the team, and a member of a family that owns a tech company that was previously headquartered in the Philadelphia area has reportedly shown interest.
According to Bloomberg reporters Gillian Tan and Randall Williams, Lurie and the family of Susan Y. Kim are discussing a deal that would give the Kim family a minority share of the team. In June, Bloomberg reported that Lurie was looking for a minority partner and had hired BDT & MSD Partners to find a potential investor.
Although the specific percentage of the team being offered is unknown, if the discussions lead to a deal and the majority of NFL owners approve the transaction, Bloomberg estimates the team’s value would be above $8 billion—a significant increase from the $185 million Lurie paid to buy the Eagles from former owner Norman Braman in 1994.
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The Kim family owns the majority stake in Amkor Technology Inc., a company that primarily focuses on semiconductor packaging and testing services. The company previously had its headquarters in West Chester, Pennsylvania, which is approximately 45 minutes from Lincoln Financial Field, before moving it to Arizona. Kim is currently the executive vice president of the company’s board of directors, and has previously been on the board of directors for other Philadelphia institutions such as the Philadelphia Orchestra and the National Constitution Center.
Since Lurie took ownership, the Eagles have a 274-213-3 record, with 17 playoff wins and three Super Bowl appearances, including a victory in the 2017-18 season.
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Chris Franklin may be reached at [email protected].