{"id":18526,"date":"2025-10-22T22:26:08","date_gmt":"2025-10-22T22:26:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/18526\/"},"modified":"2025-10-22T22:26:08","modified_gmt":"2025-10-22T22:26:08","slug":"menlo-park-resident-buys-275m-stake-in-san-francisco-49ers","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/18526\/","title":{"rendered":"Menlo Park resident buys $275M stake in San Francisco 49ers"},"content":{"rendered":"

\"\"Menlo Park resident Pete Briger Jr. purchased a stake in the 49ers on Oct. 22. Courtesy Fortress Investment Group. <\/p>\n

A Menlo Park resident has become the latest part owner of the San Francisco 49ers after a deal that reportedly keeps the 49ers at the highest valuation in NFL history was approved earlier today.\u00a0<\/p>\n

Menlo Park resident Pete Briger Jr. purchased a non-controlling, minority interest in the team as part of a deal approved on Oct. 22, the team said in a press release<\/a>. Briger purchased a 3.2% stake in the 49ers at the same valuation as a deal with other local residents in May, according<\/a> to the Sports Business Journal.\u00a0<\/p>\n

Two Atherton residents and the family of Vinod Khosla bought<\/a> a share of the team in May reportedly at a $8.6 billion valuation, which would place Briger\u2019s investment at roughly $275 million.\u00a0<\/p>\n

Although 49ers CEO Jed York sold a 6.2% share of the franchise in May, he still reportedly retains about 87.8% ownership following Briger\u2019s purchase.<\/p>\n

\u201cAlongside my family and our existing owner partners, we know the Briger family shares our unwavering commitment to the long-term success of this organization and creating unforgettable moments for our fans,\u201d York said in the press release.\u00a0<\/p>\n

Briger is the executive chairman and managing partner of Fortress Investment Group, which is an investment management firm with over $53 billion under management. He is also involved in local philanthropy and backed the remodel<\/a> of the Guild Theatre in Menlo Park.\u00a0<\/p>\n

\u201cFor my family \u2014 and millions of other fans \u2014 this iconic franchise represents far more than football; it reflects the legendary excellence and resilience of the Bay Area,\u201d Briger said in the team\u2019s press release.\u00a0<\/p>\n

Briger declined to comment beyond the press release.<\/p>\n

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\n\t\t\t\t\t\t\t\t\t\t\t\"Avatar\t\t\t\t\t\t\t\t\t\t\t<\/a><\/p>\n

\n\t\t\t\t\t\t\tArden Margulis is a reporter for The Almanac, covering Menlo Park and Atherton. He first joined the newsroom in May 2024 as an intern. His reporting on the Las Lomitas School District won first place coverage…\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t\tMore by Arden Margulis\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Menlo Park resident Pete Briger Jr. purchased a stake in the 49ers on Oct. 22. Courtesy Fortress Investment…\n","protected":false},"author":2,"featured_media":18527,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[15590,15591,14607,101,103,102,104,106,105],"class_list":["post-18526","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-francisco","tag-menlopark-san-mateo-county-news","tag-menlopark-top-post-secondary","tag-print-ready","tag-san-francisco","tag-san-francisco-headlines","tag-san-francisco-news","tag-sf","tag-sf-headlines","tag-sf-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/18526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=18526"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/18526\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/18527"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=18526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=18526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=18526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}