Source: Jed York to take over as 49ers’ principal owner

ORLANDO, Fla. — In a transactional move designed to keep the 49ers in the York family for generations, Jed York is set to take over as the NFL franchise's principal owner. York will buy enough equity from his mother, Denise DeBartolo York, to take over as the principal owner with approval expected from the league's other owners at the NFL Annual Meeting, a source confirmed to NBC Sports Bay Area. Sports Business Journal's Ben Fischer first reported news of the impending title change Monday. York, 43, will continue as the 49ers' CEO, a position he has held since 2010, when he began overseeing the football and business sides of the organization. His parents, Denise and John York, continue to be significant shareholders in the 49ers. Forbes valued the 49ers at $6 billion in 2023. While it is not known how much of the 49ers that Jed York will own, the family holds more than 95 percent of the franchise, per SBJ. The 49ers have five Super Bowl titles in their trophy case, each of which was earned during the ownership of Edward J. DeBartolo Jr., brother of Denise York. DeBartolo stepped down as chair and CEO of the 49ers in 1997 in anticipation of an indictment for gambling fraud in...