BREAKING NEWS: Mike Singletary and Billionaire Marc Lasry Acquire 10% Stake in Chicago Bears for $7.63 Billion.
Chicago, IL— In a landmark move that is sending ripples through the NFL world, the current owners of the Chicago Bears have officially sold a 10% stake in the franchise to former Bears legend Mike Singletary and billionaire investor Marc Lasry. The deal, valued at approximately $7.63 billion, was confirmed earlier today by team representatives and league officials.
Mike Singletary, a Hall of Fame linebacker who led the Bears’ famed defense during their Super Bowl XX-winning season in 1985, returns to the organization in a new role—as part-owner. He partners in the deal with Marc Lasry, a prominent hedge fund manager and co-founder of Avenue Capital Group, known for his previous ownership stake in the NBA’s Milwaukee Bucks.
“This is more than just an investment,” Singletary said in a press conference. “It’s a full-circle moment. I’ve always bled navy and orange, and now I have the chance to help shape the future of the franchise I love.”
Lasry, whose net worth is estimated at over $2 billion, echoed Singletary’s enthusiasm. “The Chicago Bears are one of the NFL’s most storied franchises. We see enormous potential both on and off the field.”
BREAKING NEWS: Mike Singletary and Billionaire Marc Lasry Acquire 10% Stake in Chicago Bears for $7.63 Billion.
The Bears, currently owned by the McCaskey family, have been exploring ways to bring in new capital and expand their business operations, especially with the planned move to a new stadium in Arlington Heights.
NFL Commissioner Roger Goodell praised the move, calling it “a bold and exciting step that strengthens the legacy and future of the Chicago Bears.”
The transaction is still pending final approval from the league’s finance committee, but insiders say the deal is expected to close within weeks.
This historic investment marks a powerful blend of football legacy and business acumen—ushering in a new chapter for one of the league’s oldest franchises.