NFL wants to take percentage of private equity investment profits [Video]

The National Football League has informed owners and investment firms that it intends to take a percentage of potential private equity profits on any future sales of ownership stakes, according to people familiar with the matter.

NFL owners are planning to vote on a proposal Tuesday that would allow private equity firms to take a maximum 10% stake in teams. The meeting of owners was underway Tuesday afternoon.

The league has never allowed private equity investment before. Major League Baseball, the National Basketball Association and the National Hockey League already allow up to 30% of teams to be owned by investment firms, though the cap for individual funds is between 15% and 20%.

No other league takes a percentage of the so-called carry — the percentage of a fund’s investment profits that managers typically receive as compensation — for all private equity firms, though it is unclear if the plan would apply to …