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Jeff Bezos interested in bidding on Commanders, possibly with Jay-Z

cigaretteman

HR King
May 29, 2001
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Amazon founder Jeff Bezos is interested in bidding on the Washington Commanders, according to a person familiar with the situation.
A bid by Bezos for the team might include music mogul Jay-Z as an investor, according to that person, who spoke on the condition of anonymity Thursday because the potential sale of the franchise is in its early stages.


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“I don’t know if they will partner on it,” that person said, adding that each is “interested.”

Bezos is the owner of The Washington Post. He has been mentioned as a potential owner of other NFL franchises, including the Seattle Seahawks.
Amazon currently carries the NFL’s “Thursday Night Football” package.

The news of Bezos’s interest was first reported by People.
The Commanders said Wednesday Daniel and Tanya Snyder, his wife and the franchise’s co-CEO, had hired an investment bank to “consider potential transactions” related to the Commanders. The team did not specify whether the Snyders intend to sell all of the franchise or a minority share. A Commanders spokesperson said Wednesday: “We are exploring all options.”






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The consideration of a sale comes with Daniel Snyder and the team under investigation by the NFL, the House Committee on Oversight and Reform and the attorneys general of D.C. and Virginia. Investigators for the U.S. attorney’s office for the Eastern District of Virginia have interviewed witnesses about allegations of financial improprieties involving the team, multiple people familiar with the situation said Wednesday. The team has denied committing any financial malfeasance

Indianapolis Colts owner Jim Irsay said last month that NFL team owners should give serious consideration to voting to remove Snyder from ownership of the Commanders.
Forbes estimated in August that the Commanders are worth $5.6 billion.
Bezos has an estimated net worth of $113.2 billion, according to Forbes, which currently ranks him as the world’s fourth-richest individual.

Other NFL owners have expressed a strong desire in the past to have Bezos buy a team.


“I’m sure that eventually it would be in everyone’s best interests if someone that’s as community-oriented as him gets involved in the Seattle situation,” New England Patriots owner Robert Kraft said in a 2019 interview with The Post.

Amazon became the exclusive national carrier of the Thursday night package as part of the NFL’s new broadcasting deals announced last year. Those contracts pay the league more than $110 billion in rights fees over 11 years.
Bezos attended the opening Thursday night game of the season carried by Amazon — the Chiefs-Chargers game on Sept. 15 in Kansas City, Mo. — and sat alongside NFL Commissioner Roger Goodell for at least part of the game.
Jay-Z, whose given name is Shawn Carter, formed a partnership with the NFL in 2019 to make his Roc Nation agency a co-producer of the Super Bowl halftime show. He is a former part-owner of the NBA’s Brooklyn Nets and has an estimated net worth of $1.3 billion, according to Forbes.

 
Why does he have to get Jay Z involved other than maybe for appearances.

It's not like he doesn't have the money. In fact if he bought an NFL team it would only make up a small portion of his overall wealth.
 
Why does he have to get Jay Z involved other than maybe for appearances.

It's not like he doesn't have the money. In fact if he bought an NFL team it would only make up a small portion of his overall wealth.
Humm maybe to get some people of color in ownership positions in the NFL. Or maybe just good to have because it's good for publicity.
 
Humm maybe to get some people of color in ownership positions in the NFL. Or maybe just good to have because it's good for publicity.

What's the point, it's not like Jay-Z is going to have the controlling stake in the team.
 
Why does he have to get Jay Z involved other than maybe for appearances.

It's not like he doesn't have the money. In fact if he bought an NFL team it would only make up a small portion of his overall wealth.
The NFL owes Jay Z big. It’ll help his bid.
 
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