Connect with us

NFL

Commanders sale rumors: Amazon founder Jeff Bezos has no current plans to bid on franchise

Despite expressing interest, Jeff Bezos is apparently bowing out of the running to purchase the Washington Commanders. The founder of Amazon, Bezos is not currently planning to bid on the franchise, according to The Washington Post. This potentially clears the way for a group led by New Jersey Devils and Philadelphia 76ers co-owner Josh Harris to purchase the franchise.Β 

The post reported earlier this year that Bezos hired the investment firm of Allen & Company to evaluate a potential bid for the Commanders. Bezos, 59, alluded to possibly purchasing the Commanders during an appearance on CNN this past fall. During the interview, Bezos shared that he played football during his adolescence in Houston. The Oilers, coached by Bum Phillips, were among the NFL’s best teams for a period of time during Bezos’ teenage years.Β 

While Bezos hasn’t and apparently won’t, three other billionaire-led groups have placed bids matching current Commanders owner Daniel Snyder’s asking price of $6 billion. Along with Harris’ group, Canadian billionaire Steve Apostolopoulos, who has been trying to purchase a sports franchise, has placed his fully funded bid, according to ESPN. The other bid came from Houston Rockets owner Tilman Fertitta.Β 

Harris’ group is the front-runner to purchase the Commanders, according to The Post. Included in Harris’ ownership group is NBA Hall of Fame point guard Magic Johnson, who is a current shareholder of the MLB’s Los Angeles Dodgers, the WNBA’s Los Angeles Sparks, and the MLS’ Los Angeles Football Club.Β 

Johnson recently confirmed the bid’s submission on NBC’s “The Today Show.”Β 

“Our bid is in,” JohnsonΒ said. “We hope that we win. We don’t know what’s going to happen. … We’ll see what happens with Mr. Snyder making that decision. But we’re excited about it.” Β 

Go to Source
Author: Bryan DeArdo
April 12, 2023 | 7:21 pm

Click to comment

Leave a Reply

More in NFL