NFL took care of some important business this week at its owners meeting. This amalgamation of rich men huddled in a Dallas hotel ballroom approved the sale of the Jacksonville Jaguars to Shahid Khan and inked a lucrative nine-year, $28 billion extension of the league's broadcast television rights. The league also moved forward with the creation of a venture capital fund worth $32 million that will invest in technologies that enhance the league's central product, professional football.
"The aim of it is to invest in various technologies and companies that we think are doing great things that will make our world better but also the experience in the NFL better," explained commissioner Roger Goodell. "They may or may not be NFL partners. They may be people who provide technology in our stadiums, on our fields, as part of media. We will look at those different technologies. We'll have a committee that will be making those decisions. And we're very excited about it."
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