Jeff Bezos and Jay-Z May Buy an NFL Team: If the affluent entrepreneurs ended up deciding to go forward with the joint venture, it would not be the first time that they had been involved in activities that were in some way related to sports.
Possible Future Owners of an NFL Team: Jeff Bezos and Jay-Z
In the not-too-distant future, the Washington Commanders might potentially be acquired by a new owner if a certain criteria package is satisfied.
CNN claimed two people acquainted with the subject as stating that billionaire businessmen Jeff Bezos and Jay-Z are allegedly studying the potential of making a joint bid for an NFL franchise. This information was stated as coming from the individuals.
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CBS reports that the founder of Amazon has shown interest in purchasing the team as long back as 2019, and that this desire has lasted even after the company’s first public offering.
The year 2019 has been brought forward as the point of departure for this interest.
Tanya Snyder, whose husband Dan Snyder has been married to her for the previous 23 years, seem to be both co-owners of the company.
The news that the Snyder family had hired Bank of America to investigate “potential mergers” was publicized earlier in the week by The Wall Street Journal.
The WSJ also disclosed that the Snyder family had made the hiring decision.
Both Jeff Bezos and Jay-Z are actively engaged in the realm of sports in a broad variety of different roles, each in his own right.
Bezos was able to successfully negotiate a deal with the National Football League to broadcast their games for this season.
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Formerly a co-owner of the Brooklyn Nets, Jay-current Z’s company, Roc Nation Sports, is a sports agency that represents a number of athletes that are now employed by National Football League clubs.
It is expected that financially beneficial outcomes would result from Bezos’s agreement for both parties.
According to estimations provided by Forbes, the Commanders are the sixth most valuable team in the National Football League.
Their valuation is estimated to be somewhere in the neighborhood of $5.6 billion at this time. This places the Commanders in the sixth overall ranking for the most valued team in the National Football League (NFL).
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At the same time that the potential sale was made public, investigations were launched into both the multiple allegations of sexual harassment levied against team officials and Dan Snyder himself, as well as inquiries into the financial mismanagement that had taken place.
These investigations began at the same time as the prospective sale was made public.
