The NFL owners approved three new partners to the Steelers' ownership group Monday, including former star wide receiver John Stallworth.
Stallworth, a Hall of Fame receiver for the Steelers, is President and CEO of Genesis II.
Also included in the new group are Bruce V. Rauner, Chairman of GTCR Golder Rauner, LLC, and the Varischetti family.
Rauner, Stallworth and the Varischetti family join James Haslam III, the Paul family and Thomas Tull as new partners with Dan and Art II to help maintain the Rooney family ownership of the Steelers.
The agreement among the Rooney family for closing the transaction was originally set to take place before March 31, 2009, but with the possible addition of new investors the closing will be postponed until May, 2009.
© The Steelers, as had been rumored, will open the 2009 regular season at Heinz Field Sept. 20 against the Tennessee Titans.
It's an attractive matchup, especially given the Titans' shenanigans after beating the Steelers in Nashville last December to claim the top seed in the AFC playoffs.
How'd that work out, anyhow?
© Surprisingly, the Steelers received only a fifth-round compensatory pick from the league on Monday.
Nobody truly understands the process through which compensatory picks are awarded and now I may understand it even less.