San Francisco, CA
49ers near deal to sell 6.2% stake in franchise to 3 Bay Area families
SANTA CLARA, Calif. — According to San Francisco 49ers owner Jed York, interested parties have approached his family “probably on a weekly basis” to attempt to buy a piece of the 97% of the team the Yorks own.
This week, it seems, three of the parties who approached the York family came with the right offer. The 49ers are working to complete the sale of more than 6% of the team to three Bay Area families, according to a league source.
Sportico, which first reported the pending sale Thursday, said the sales will be done at a franchise valuation of more than $8.5 billion. If the deal is completed at that number, the valuation will be the largest ever for a sports franchise in a transaction.
The Khosla, Deeter and Griffith families are the prospective buyers, with the Khoslas purchasing 3.1%, the Deeters obtaining 2.1% and the Griffiths acquiring 1%, The Athletic reported Thursday afternoon.
The NFL is expected to formally approve the transactions at the spring owners’ meetings in Minneapolis next week. The 49ers declined to comment on the proposed sales Thursday./p>
br/>The Niners have been receiving offers for the past few months, and York said in March at the annual league meeting that his family had been considering a sale of up to 10% of its ownership stake. At the time, he called it a “family asset allocation decision” based on the wants and needs of various family members.
“It’s just one of those things where if there’s an opportunity that makes sense, we would always explore that, but I’m not sure what we’re going to end up doing,” York said then. “And if we do, we would try to find the right people who would help bolster everything that we’re doing in and around the team, on the field, off the field, and just make sure that we had good partners that are with us.”
All three of the reported buyers have venture capital backgrounds. Vinod Khosla is co-founder of Sun Microsystems and the founder of Khosla Ventures in Menlo Park, California. Byron Deeter is a partner at Bessemer Venture Partners in Redwood City and San Francisco, and William Griffith is a partner at Iconiq Capital in San Francisco.
In other franchise-related news, theLos Angeles Chargersare requesting approval to sell an 8% stake in the team to a private investment firm, The Los Angeles Times reported, citing a person with knowledge of the approval request sent in a memo to NFL owners.
The newspaper said Chargers owner Dean Spanos and siblings Michael Spanos and Alexis Spanos Ruhl will attempt to sell the stake to private investment firm Arctos at next week’s meetings.br/]
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San Francisco, CA
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San Francisco, CA
Artwork quilt unveiled at San Francisco dirt alley that was mistakenly bought at auction
In the fall of 2025, CBS News Bay Area first brought you the story of a Sunset couple that had the winning bid for a piece of property next to their home. They thought they were getting the duplex next door. Instead, they got a small patch of land known as Dirt Alley.
This story has many chapters, but it ended with a community celebration.
The final chapter in the story of Dirt Alley was written Wednesday night as they unveiled the tiles of artwork on the pavement.
“I’m very happy today,” JJ Hollingsworth said. “It’s just amazing that these artists that I’ve been working with and sold the alley to have come through with this incredible art.”
JJ Hollingsworth was the original property owner. She took out $25,000 from her retirement to pay for this parcel in a city auction. She thought she got a bargain for the duplex next door. When she found out it was actually the alley, the stress led to health problems and a lot of anxiety.
“I’m trying to forget, but I caused all this,” she said. “That’s what happened. I caused all this.”
Then came an email that would help her get out of the Dirt Alley nightmare. A group of friends from San Francisco was interested in buying this 82-foot-long alley.
“I know she was really stressed out when she first bought this and kind of didn’t know what she was going to do with it,” Theo Bleier said. “It’s really lucky. We were going to buy a different parcel, and we lost the auction. It was more than we wanted to spend. We felt really lucky the coincidence worked out, and we were able to help out JJ.”
The new owners then had the idea of laying an artwork quilt on the pavement and took submissions online.
“I think we had about one million people visit the website at least,” owner Patrick Hultquist said. “1.2 million, I think is the number of people that visited the website.”
The tiles with the most votes made it onto what is now called Notion way.
“Now, it’s not an official name of the street. It’s an unofficial name, but we did get an official-looking sign,” he said.
JJ Hollingsworth, who is a music composer, wrote a ballad called Notion Way for the special occasion. What started as a horrible mistake ended up bringing the community together.
“It’s really beautiful,” neighbors Tom Goslinga & Nesha Niezrecki said. “It’s how culture gets created in a lot of ways. People kind of being creative with an interesting situation. It’s really cool.”
While Hollingsworth is grateful for how this story ended, she says she learned a valuable lesson from this whole experience.
“Read the fine print and ask a lot of questions,” she said.
San Francisco, CA
Driver of bullet-riddled car flees North Bay deputies over Golden Gate Bridge
SAN FRANCISCO (KRON) — A driver in a car riddled with bullets fled a Marin County Sheriff’s Office deputy at high speeds over the Golden Gate Bridge into San Francisco early Tuesday morning, according to authorities. The suspect, identified as Martin Zuniga Jr., 26, was later located in Novato and arrested.
The deputy first observed the suspect driving at approximately 100 mph on Highway 101 near the Richardson Bay Bridge. After pulling over the car, the deputy “noticed approximately 14 fresh bullet holes in the vehicle,” the sheriff’s office wrote. Zuniga allegedly told the deputy that he had just been involved in a road rage incident near Novato, but he refused to get out of the car and give a statement.
Zuniga “abruptly put the car into drive and fled the scene,” the sheriff’s office wrote.
The pursuit led to the Golden Gate Bridge, where the deputy disengaged due to unsafe speeds across the span, according to authorities. The car was later found abandoned on the streets of San Francisco.
At approximately 6 p.m., detectives located Zuniga in downtown Novato and placed him into custody. The sheriff’s office said at the time of the arrest that he was in possession of a loaded .40-caliber pistol with a high-capacity magazine and suspected cocaine.
Zuniga was booked into the Marin County Jail for:
- Reckless evading
- Violently resisting law enforcement
- Felon in possession of a firearm
- Felon in possession of ammunition
- Addict in possession of a firearm
Anyone with information regarding a shooting or road rage incident in the evening or early morning hours of June 15 and June 16 is asked to contact the Marin County Sheriff’s Office at 415-479-2311.
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