US tech giants offer New Zealand rugby $465m in historic commercial rights deal

The commercial rights of the All Blacks is valued at over $3bn, according to the report.

The commercial rights of the All Blacks is valued at over $3bn, according to the report.

A US-based private equity company has reportedly offered New Zealand Rugby $465m for a 15% share of the All Blacks commercial rights.

Technology investment giants Silver Lake made the offer that is now in the hands of the country's provincial unions, the New Zealand Herald reports.