As it stands, an owner is barred from owning an NFL team in one market and a different type of professional sports team in another NFL market. So, for instance, Rams owner Stan Kroenke had to put the Denver Nuggets in a family trust. Because the league wants to put NFL owners in direct competition with each other for the sports dollar in a given market. (Of course, that’s unavoidable in New York and Los Angeles, which are two-team NFL markets.)
Source: Los Angeles Times October 16, 2018 00:05 UTC