Jed York to Become Principal Owner of 49ers

YOUNGSTOWN, Ohio – The San Francisco 49ers will have a change in ownership, but the team will remain in the family.

CEO Jed York will become the team’s principal owner after buying enough equity from his mother, Denise DeBartolo York of Youngstown, the Sports Business Journal reported Monday.

With the transaction, which must be approved by the National Football League, York will control both football operations and the business side of the team, and DeBartolo York and her husband, John York, will remain as shareholders, the Sports Business Journal reported.

The 49ers were purchased by Youngstown shopping center developer Edward DeBartolo Sr., DeBartolo York’s father, in 1977, and owned by Edward DeBartolo Jr., who ceded ownership of the team to his sister, Denise, in 2000.

York became operating head of the team in 2010. 

The 49ers have won five Super Bowls.

Pictured at top: Denise DeBartolo York, left, and Jed York. (Business Journal File and AP)

Published by The Business Journal, Youngstown, Ohio.