Owning an NFL team is a pretty good investment; however, such opportunities don’t come often. Especially at this point, when the league is on another level making huge money for its investors, the owners try to secure their existing stakes. But in the case of the Washington Commanders, Dan Snyder has been making the headlines for selling his team. If the Billionaire is serious about his plans, then he can be, rest assured, a big shark seems to have entered the tank, and it’s none other than the CEO of Amazon, Jeff Bezos.
Despite parting ways with MacKenzie Scott, the Businessman continues to enlist himself among the top three richest personalities on the planet. His empire continues to grow and is now eying for another giant leap in the sports fraternity. Multiple reports suggest that Bezos is interested in seeking ownership of the Commanders.
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A few months ago, the Snyders unveiled the news to the outside world about their plans to find a new owner while keeping the integrity and gold standards of the team intact. In no time, this news circulated like wildfire on social media gaining interest from several investors across the country.
“The Snyders remain committed to the team, all of its employees, and its countless fans to putting the best product on the field and continuing the work to set the gold standard for workplaces in the NFL,” said a statement via nj.com.
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It’s still unclear whether the management is trying to sell the entirety of the franchise or just diluting a small chunk of its ownership. Anyways it’s a golden opportunity for big names to hop in.
How did Jeff Bezos react to a potential purchase?
Last year when the management asked all the interested candidates to submit their bids, Jeff Bezos didn’t participate in the round. However, looking at his net worth, the 59-year-old can easily outbid anyone. According to the latest reports shared by The Washington Post, Bezos has hired a New York-based investment firm, Allen & Company, to evaluate for a possible bid. The franchise is valued at $5.6 billion.
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Interestingly, it is the same company that was involved in the acquisition of the Washington Post. The Billionaire wrapped up the deal in 2013 for $250 million. “Yes, I’ve heard that buzz,” Bezos said in an interview with CNN. “It is my favorite sport. So we’ll just have to wait and see,” he added. It will be surely interesting to have one of the top three richest people in the world buy a team in the NFL.