Story perspectives
NBA Raises Investment Cap, Expands Arctos Partners' Reach
12/19/2025
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Story summary
- The NBA increased the cap for investment firms to buy franchise equity from five to eight, effective December 3.
- Arctos Partners can expand to six teams, including the Washington Wizards and Memphis Grizzlies.
- Arctos already holds stakes in the Philadelphia 76ers, Utah Jazz, Sacramento Kings, and Golden State Warriors.
- Arctos is the only private equity firm with stakes in all five major North American sports leagues.
