Lloyd Howell Jr., a former executive director of the NFL Players Association, has resigned from his part-time consulting role at The Carlyle Group, a prominent private equity firm. This decision follows the ongoing negotiations regarding the potential for minority ownership in NFL franchises, a process in which Carlyle has been a key player.
Howell’s departure from Carlyle marks a significant shift, particularly considering the firm’s role in the league’s ownership structure. The NFL’s approach to minority ownership has been a topic of discussion for years, with the league aiming to diversify its ownership base. Carlyle, as one of the approved entities, has been part of this initiative, and Howell’s exit raises questions about the firm’s future involvement in the league’s strategic plans.
Industry observers have noted that Howell’s resignation could signal a change in the dynamics of the NFL’s ownership expansion. While the exact reasons for his departure remain undisclosed, the move has sparked speculation about the broader implications for the league’s financial and structural strategies. As the NFL continues to explore new avenues for growth and diversification, the role of entities like Carlyle will remain under scrutiny.