PanamaTimes

Saturday, Sep 07, 2024

Jeff Bezos and Jay-Z may team up to bid on the Washington Commanders NFL team, reports say

Jeff Bezos and Jay-Z may team up to bid on the Washington Commanders NFL team, reports say

While the team isn't officially up for sale, billionaire owners Dan and Tanya Snyder have hired Bank of America to "consider potential transactions."

Jeff Bezos may be mulling his biggest purchase yet: an NFL franchise.

The Amazon founder is "looking into buying the Washington Commanders," with music mogul Jay-Z potentially joining Bezos as an investor, a person close to Bezos told People on Thursday. Bloomberg, the Washington Post, and TMZ also reported the news.

A spokesperson for Bezos did not immediately respond to Insider's request for comment.

While the Commanders aren't officially up for sale, the team's billionaire owners, Dan and Tanya Snyder, announced Wednesday that they'd hired Bank of America to "consider potential transactions," which could include a sale.

The Snyders have been under pressure for several years to sell the team, which is currently being investigated by the NFL, the House Committee on Oversight and Reform, and the attorneys general of Washington, DC, and Virginia concerning allegations of financial improprieties, which the team has denied, according to the Post.

The Commanders are worth $5.6 billion, according to an estimate by Forbes from August, making the team the 6th-most valuable NFL franchise.

But Washington fans may not want to get too excited just yet: Bezos — who's currently worth $115 billion, according to Bloomberg's Billionaires Index — is frequently named a potential NFL owner by league observers, disgruntled team owners, and hopeful fans. He's been linked to four teams since 2018 alone, including Washington, the Seattle Seahawks, Detroit Lions, and Los Angeles Chargers. None of those rumors amounted to anything, and Bezos has never publicly stated that he's interested in team ownership.


Still, the Amazon billionaire does have a track record of making major acquisitions in DC — he bought the Post for $250 million in 2013 — and a proven interest in football. He attended the Super Bowl in 2019, 2020, and 2022, and sat alongside NFL Commissioner Roger Goodell at a Thursday night game between the Kansas City Chiefs and the Los Angeles Chargers in September. Amazon sponsors "Thursday Night Football" and plans to air the first-ever Black Friday game in 2023.

For Jay-Z, team ownership would be nothing new: the hip-hop star was a part-owner of the NBA's Brooklyn Nets, though he sold his stake in 2013.

Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
BRAZIL’S SUPREME COURT MINISTER ORDERS EXPLANATION ON X BLOCKING
Porn streamer OnlyFans paid owner $630mn in dividends
Donald Trump will not face sentencing over his 'hush money' conviction before the US presidential election on November 5, after a Manhattan judge granted his request to delay the proceeding
Return of Brazilian Artworks to Bahia
France Pilots Mobile Phone Ban in Schools
WHO-Led Study Finds No Link Between Mobile Phones and Brain Cancer
Kamala Harris is in Detroit and has a new accent again
EU Rejects Maduro’s Election Win Claim in Venezuela
Former Red Brigades Member Arrested in Argentina After 40 Years on Run
Elon Musk Accuses Brazilian Supreme Court Justice of Election Interference
Universe May Have Had a Pre-Big Bang 'Secret Life'
Ecuador's Narco Violence Threatens Scientists and Conservation Efforts
Brazilian Judge Alexandre de Moraes Blocks Elon Musk's X
Nаkеd American woman gropes security
Tsimane Tribe: Secrets to Health and Slow Ageing
OpenAI Blocks Iranian Group's ChatGPT Accounts for Election Interference
WHO Declares Mpox Global Health Emergency Again
Decline in World Records at Paris Olympics: An Analysis
EU Pressures Elon Musk Over Trump Interview
UN Reports Lowest Global Youth Unemployment Rate in 15 Years
Fatal Plane Crash Near Sao Paulo
Snoop Dogg: The Feel-Good Spirit of the Paris Olympics
McDonald's Worker Sets Restaurant On Fire Over Customer Frustration
Kamala Harris Confirmed as Democratic Candidate for US Presidential Election
Controversies at the Paris Olympics
Elon Musk Accepts Fight Challenge from Venezuelan President Nicolas Maduro
First Case of 'Virgin Birth' in Endangered Shark Species in Italy
G20 Fails to Reach Agreement on Global Billionaire Tax
Mexican Drug Lords El Mayo and El Chapo's Son Arrested in Texas
World's Hottest Day Recorded on July 21
Joe Biden Withdraws from 2024 US Presidential Race
A Week of Turmoil: Key Moments in US Politics
Global IT Outage Sparks Major Concerns
Global IT Outage Unveils Digital Vulnerabilities
Secret Service Criticized for Lack of Sniper Protection During Trump Shooting
Colombian Court Annuls Amazon Tribes’ Carbon Credit Deal
Sunita Williams Safe on ISS, to Address Earth on July 10
Biden Affirms Commitment To Presidential Race
Boeing Pleads Guilty Over 737 MAX Crashes
Beryl Storm Hits Texas, Killing 2 and Causing Major Power Outages
2024 Predicted to Be World's Hottest Year
Macron Faces New Political Challenges Despite Election Relief
Florida Man Arrested Over Attempt to Withdraw One Cent
Anger mounts at Biden’s top team after disastrous debate
Bolivian President Luis Arce Denies 'Self-Coup' Allegations
Steve Bannon Begins 4-Month Prison Sentence
Biden Warns of 'Dangerous Precedent' After Supreme Court Immunity Ruling in Trump Case
Elon Musk Accuses Kamala Harris of Misleading Post on Trump's Abortion Stance
Hunter Biden Sues Fox News Over 'Revenge Porn' Allegations
New York Times Editorial Board Urges Biden to Exit Presidential Race
×