However, it would be challenging for several reasons, including the salary cap rules. No rule outright states an NFL player can’t own a team. Is An NFL Team Owner Allowed To Play On The Team? NFL ownership rules are complex, and it isn’t just the money. His unique career as a player, coach, and team owner will probably never occur again. But he is mainly known for football, partly due to being an NFL founder. Like Bo Jackson, Halas played baseball (New York Yankees) and football. Everything” Halas Sr was unique in American sports history. However, current salary cap rules would make it nearly impossible to do that in today’s NFL. In fact, George Halas owned the Chicago Staleys, renamed it the Chicago Bears, and played end while coaching. The NFL doesn’t have a rule forbidding players from owning a team. So are NFL players also banned from having any ownership of an NFL team? The NBA does not allow players to have a direct or indirect ownership interest in a team. Editorial credit: ChicagoPhotographer / īasketball legend Michael Jordan had to sell his 10% stake in the Washington Wizards when he abandoned retirement to play for the NBA team.
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