$184 Billion Jeff Bezos Faces Resistance From $4 Billion Owner on Commanders Bid

The Washington Commanders franchise is looking for a full sale and the bids are coming in. But the frontrunner Jeff Bezos may end up watching the process from the sidelines. Bezos wanted to become the owner of the beleaguered NFL franchise since the process of the sale began. But its $4 billion owner has given a jolt to Bezos, who is worth around $184 billion.

Dan Snyder wanted more than $6 billion to complete the Commanders’ sale after facing scrutiny over alleged wrongdoings as the owner. But he reportedly doesn’t want the franchise to go to Bezos, who may be best placed to take over from him.

Dan Snyder halts Jeff Bezos’ bid for the Commanders

Dan Snyder reportedly doesn’t want Jeff Bezos to take over the Commanders as he prepares to sell the franchise. According to the New York Post, Snyder has blocked the Amazon owner from submitting the bid in the private auction even as the current bids fall short of his $6 billion valuation of the franchise. The highest bid is reported to be in the region of $5.5 billion.

Snyder is facing allegations of harassment as the Commanders owner. And he reportedly holds a grudge against Bezos as it was the Amazon owners’ Washington Post, which published reports that brought these allegations to light. So, Snyder does not want to sell the franchise to business tycoon.

Due to the Washington Post reports, the NFL put pressure on Snyder to step down as the owner. But he may retain the team as no bid has matched his asking price in the auction. “He’s an a*s and he may not want to give it up,” the New York Post cited a source as saying.

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The decision on whether Snyder stays or walks away from the franchise may come after the annual owners’ meeting, which is due to start on March 26. The rest of the owners may put pressure on Snyder to sell the franchise to Bezos, as it will benefit all of them.

The Bezos interest 

Jeff Bezos has been interested in buying the Commanders since the process of the sale began. He is quietly working with the investment firm Allen and Company to explore the possibility of the bid. Last week, he formally hired them to do the same. 

When Snyder started the process of the sale, reports of Bezos meeting singer Jay-Z to launch a joint bid came out. So, the Amazon owner is serious about becoming the owner of the NFL franchise. Will one of the richest men on earth get his way? Or will Dan Snyder thwart his interest?

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