The NFL’s Chicago Bears are exploring a sale of the minority stake owned by the late Andrew McKenna Sr., according to people familiar with the matter.
The exact size of the stake isn’t known. McKenna, a former chairman of McDonald’s, died in 2023. The descendants of George Halas, the team’s founder, own approximately 80% of the team. In addition to McKenna’s stake, some shares are owned by insurance billionaire Pat Ryan, 88. Ryan and McKenna originally purchased 19.7% of the club in 1990.