Steve Young: What private equity could do for the NFL

1 big thing

Axios

News

4 • 2K Ratings

🗓️ 16 May 2024

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

In his more than 15 years in pro football, NFL quarterback Steve Young made his name on the field as one of the most efficient passers of all time. But after his retirement, he turned his career to private equity, co-founding the firm HGGC in 2007. Now, Young is watching the recent surge in private equity investments in sports teams, and making the case for private equity buyers in the NFL. Axios business editor Dan Primack sat down with Young to talk about his business and the future of football--and why he says "football is made for girls"--in this special episode taped live at Axios BFD in San Francisco. Plus: Dan Primack gives us the big picture on private equity and pro sports, and why it matters. Guests: Steve Young, NFL legend and private equity investor; Dan Primack, Axios business editor Credits: 1 big thing is produced by Niala Boodhoo, Alexandra Botti, and Jay Cowit. Music is composed by Alex Sugiura and Jay Cowit. You can reach us at [email protected]. You can send questions, comments and story ideas as a text or voice memo to Niala at 202-918-4893. Listen back: our recent conversation with WNBA legend Sue Bird Learn more about your ad choices. Visit megaphone.fm/adchoices

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0:18.3	slash podcast reward and receive 20 pounds when you make your first purchase with Revolute.
0:23.7	Until 18-plus, T's and C's apply, exchange fees and fair usage limits supply.
0:29.2	NFL legend Steve Young says private equity is good for the game.
0:38.0	If you have a problem with your team, make sure you look at the owner because so much of why you're good or bad comes down from who
0:44.8	that owner is. A player turned investor on the money he says can make football
0:50.4	better, plus his glimpse of the future.
0:53.2	Football is made for girls.
0:55.2	I'm Nailaboodoo from Axios.
0:57.2	This is one big thing. They take it to Floyd, young to the air, young to Jerry Rice, cuts down San Francisco.
1:09.0	In his
1:13.0	15 years in pro football, quarterback Steve Young made his name on the field as one of the most efficient
1:19.1	passers of all time.
1:20.5	Young to Floyd touchdown. time. Young was a two-time league MVP, three-time football.
1:27.0	Young was a two-time league MVP, three-time Super Bowl champion,
1:32.0	member of both the pro in college football halls of fame
1:35.6	and he still holds the record for touchdown passes in a Super Bowl
1:39.6	with six in 1995.
1:41.7	Young was perhaps the best lefty quarterback ever
	...

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