Jeff Bezos

Seahawks May Not Be Sold Until At Least 2025

October 15th, 2023 at 11:48am CST by Rory Parks

The Seahawks are not expected to be put up for sale until 2025 at the earliest, according to Mark Maske of the Washington Post. If the franchise were to be sold before May 2024, the club would owe 10% of the sales price to the state of Washington pursuant to the terms of a 1997 referendum that funded the construction of Lumen Field. That provision is no longer applicable after May 2024, which led some to believe that owner Jody Allen would begin looking for a buyer next year.

However, Allen has yet to give any indication that she intends to sell the team in the foreseeable future. Allen inherited the ‘Hawks from her brother, Paul Allen, who passed away in October 2018, and while Paul’s estate plan calls for his assets to be sold and the proceeds donated to charitable causes, Jody has made it clear that there is no deadline for such a sale.

“A time will come when [a sale is consummated] given Paul’s plans to dedicate the vast majority of his wealth to philanthropy, but estates of this size and complexity can take 10 to 20 years to wind down,” Jody said last year. “There is no preordained timeline by which the teams must be sold. Until then, my focus – and that of our teams – is on winning.”

That statement followed a report from May 2022 indicating that Jody had no immediate plans to sell, and her position seems unchanged, despite the forthcoming expiration of the 1997 referendum provision. And, as the value of NFL teams continues to soar, it stands to reason that she would be in no hurry to put the Seahawks on the market.

The eventual price tag could be driven even higher if the league ultimately relaxes the requirement that a buyer of a team must come up with 30% of the purchase price in cash. As Mike Florio of Pro Football Talk observed last month, that rule — along with the rule that limits the amount of debt that a buyer can take on, even when there are sufficient assets to support the debt — has limited the number of bidders in previous sales, which in turn has prevented the seller from maximizing their profit. If less liquidity and more debt is permitted, then more buyers can get in the mix.

As we have written before, the league wants Amazon founder Jeff Bezos to join its ownership club, and Maske says that some owners are hopeful Bezos will be involved in the bidding for the Seahawks. However, when Bezos or any other prospective purchaser will have the opportunity to make an offer remains an open question.

NFL Eyeing Jeff Bezos As Future Owner?

April 18th, 2023 at 11:52am CST by Adam La Rose

The sale of the Commanders, while not complete at this point, has approached the finish line without any involvement from Jeff Bezos. The Amazon founder was consistently named as a suitor to watch with respect to new Washington owners, and he could still be on the league’s radar to purchase aa different franchise down the road.

The NFL is “lobbying Bezos quietly, but hard” on the subject of joining the league’s ownership club, reports Peter King of NBC Sports. The 59-year-old would easily become the wealthiest owner if he were to acquire a franchise, so that news comes as little surprise. The edge in terms of spending power he would have had over any competitors in Washington made him a favorite not long after it was learned Dan Snyder was considering selling the Commanders.

However, obstacles existed which would have made a sale to Bezos difficult. Chief among them was the latter’s ownership of the Washington Post, a source of personal tension between he and Snyder. Bezos was reportedly blocked from participating in the initial rounds of bidding, which cast doubt on his ability to make a last-minute offer on the team. Indeed, shortly before the Josh Harris-led group reached agreement on a $6.05 billion deal, it came out that Bezos would not submit any offer.

With the Commanders off the market, many expect the Seahawks to be next team to be sold. They could become a Bezos target, especially if the league remains highly interested in having him become an owner. However, a change of ownership in Seattle may not be coming in at least the short-term future.

As King notes, any Seahawks sale which takes place before May 2, 2024 would see 10% of the purchase price go the Washington state government. That would represent an obvious factor working against an agreement taking place within the next year or so, especially when coupled with the sentiment made clear by current owner Jody Allen last summer.

“As chair of both the Portland Trail Blazers and the Seattle Seahawks, my long-term focus is building championship teams that our communities are proud of,” she said in a July statement. “As we’ve stated before, neither of the teams is for sale and there are not sales discussions happening… There is no preordained timeline by which the teams must be sold.”

Allen, who took over for her late brother Paul in 2018, has been linked to a sale throughout her ownership tenure. The above remarks represented her most definitive denial that one will be coming any time soon, though. If/when that changes, Bezos will remain a name to watch as a potential bidder.

Jeff Bezos Not Planning Commanders Bid

April 12th, 2023 at 10:00pm CST by Sam Robinson

Lurking as the potential top bidder for the Commanders, Amazon founder Jeff Bezos is no longer expected to pursue this purchase. Bezos has no plans to submit a bid for the NFC East franchise, Mark Maske and Nicki Jhabvala of the Washington Post report.

Dan Snyder‘s animosity toward Bezos notwithstanding, the bid the latter could have come in with would have certainly put him in strong position to buy the team. Many around the NFL expected a bid. Instead, this could pave the way for one of the ownership groups that have already entered the fray. Puck News’ Theodore Schleifer was first to report Bezos, 59, will not move forward in this process.

Groups headlined by Philadelphia 76ers owner Josh Harris and Canadian billionaire Steve Apostolopoulos have submitted bids. Harris, whose ownership group includes Magic Johnson, is viewed as the leader here, according to Schleifer. Harris’ bid checked in at approximately $6 billion, per the Washington Post. That does not hit Snyder’s $7 billion target, though SI.com’s Albert Breer notes the goal now may be closer to $6.5 billion.

It is not known if an agreement between Snyder and Harris is imminent, per Maske and Jhabvala, but Breer adds Harris is unlikely to raise his bid. Harris has already been vetted — due to his pursuit of the Broncos last year — and is believed to be well-regarded in ownership circles, per Breer. The NFL has shown little desire to hold a vote to remove Snyder as Commanders owner, despite steady rumblings of ownership’s dissatisfaction with Snyder’s behavior and the brigade of scandals engulfing him. But it would seem Harris, who also owns the NHL’s New Jersey Devils, would not have trouble being voted in by NFL owners. Twenty-four votes are required for an ownership transfer to commence.

A $6 billion sale would still shatter the record — set last year when Rob Walton bought the Broncos — for an American sports franchise, but Snyder has not fully committed to selling the team yet. A sale is expected, but it is not a lock. Removing a monster Bezos bid from the equation could provide a speedbump. Most around the league believe Snyder will sell, but Breer adds some nervousness exists the defiant leader will back out at the last minute. That could force owners’ hands, as Snyder remains ensnared in multiple investigations — including a second league-launched probe, which Mary Jo White has been leading for over a year — since the House Oversight Committee released its report.

No. 3 on the most recent Forbes list, Bezos has also been connected to a future Seahawks purchase. Not submitting a Commanders bid keeps that door open, though with the Seahawks not being for sale, Bezos not intending to submit a Commanders bid will keep him out of the NFL for the foreseeable future. Bezos has used a New York firm to evaluate a Commanders purchase, Maske and Jhabvala add. Snyder had previously blocked a Bezos path to Commanders ownership; his ownership of the Washington Post has rankled Snyder. As of March, however, Snyder was no longer believed to be dead-set against selling to Bezos. That appears a moot point now, and Harris negotiations may be on tap soon.

Josh Harris, Steve Apostolopoulos Submit Bids For Commanders

March 28th, 2023 at 1:14pm CST by Sam Robinson

Dan Snyder has not committed to selling the Commanders, but two bids that would break an American sports record have come in for the franchise. The groups headlined by Josh Harris and Steve Apostolopoulos have submitted fully funded bids hitting the $6 billion mark.

Although more issues are in play here, Adam Schefter and Brian Windhorst of ESPN.com note a growing belief has emerged Snyder will sell before the draft (Twitter link). It is unclear which bid is higher. No Commanders matter is believed to be on the docket at this week’s league meetings, Albert Breer of SI.com tweets, but it is a safe bet this topic will be among those informally discussed at the latest league gathering.

Harris finished second in the bidding for the Broncos, which the Rob Walton-fronted group won after submitting a then-record $4.65 billion bid. Magic Johnson has rejoined Harris’ group; the NBA legend was part of the Philadelphia 76ers owner’s group when it contended to purchase the Broncos. Houston Rockets owner Tilman Fertitta has also emerged as a potential bidder. A Canadian billionaire, Apostolopoulos was not part of the Broncos bidding. Another anonymous group has joined these in touring the team’s facility, per ESPN.

It will require 24 votes for either prospective owner to acquire the Commanders, though a vote is not expected to be the primary issue here. Engulfed in investigations, Snyder has pushed for indemnification as part of a sale. Colts owner Jim Irsay, who spoke out against Snyder during owners’ meetings last fall, came out against offering Snyder any sort of special protections in order to streamline his NFL exit, NFL.com’s Judy Battista tweets. NFL owners are not expected to allow Snyder indemnification.

Rumors emerged following Irsay’s fall comments that Snyder could sell part of the franchise, and he hired a firm to explore that possibility soon after. Snyder had long said he would never sell, but this process has moved down the road in the months since he and wife Tanya hired the firm. The Harris and Apostolopoulos bids have moved this process further along. Snyder is unlikely to fetch the $7 billion price he has sought, per NBC Sports’ Peter King, but these bids are still 7.5 times the price he paid to buy the team in 1999 ($800MM).

Amazon CEO Jeff Bezos still lurks here, and many around the league expect the Snyder rival to submit a bid the Harris- and Apostolopoulos-led groups refuse to top. Snyder is no longer believed to oppose a Bezos bid, FOX Business’ Charles Gasparino reports (on Twitter). Bezos bidding will obviously bring more intrigue compared to the two numbers that surfaced Tuesday, but he has yet to submit his own price.

The NFL’s second investigation into Snyder and the Commanders — one of a few the embattled owner has become embroiled in over the past few years — is ongoing. A full report is expected soon. Snyder has declined to be interviewed as part of the Mary Jo White-run probe, Mark Maske, Liz Clarke and Nicki Jhabvala of the Washington Post report. White will continue to pursue Snyder cooperation; this would not be the first time Snyder has attempted to evade providing testimony in an investigation. He did so last year amid the House Oversight Committee’s probe and declined to answer more than 100 questions when he did end up testifying. White’s investigation, which followed a league probe that did not produce a written report, has now run for 13 months.

Owners have paused any effort to remove Snyder from his seat, per the Washington Post. The NFL has never voted to remove an owner, and a sale will certainly be the league’s preferred outcome. This process is obviously far more complicated compared to recent sales involving the Broncos and Panthers, but the finish line may soon be in sight.

Latest On Commanders Bidders, Potential Sale Timeline

March 24th, 2023 at 6:59pm CST by Adam La Rose

With the NFL’s owners’ meetings approaching, attention is increasingly being turned to the potential sale of the Commanders. The shortlist of bidders in the running to purchase the embattled franchise appeared to be set, but a few notable changes have become clear in recent days.

Josh Harris’ bid has gained a noteworthy and familiar ally in the form of Earvin ‘Magic’ Johnson. The NBA legend has joined the Harris group, as first reported by Sportico’s Scott Soshnick and Eben Novy-Williams. It is unclear at this point how much capital Johnson could be contributing, but he has a long history of becoming a minority in other pro sports franchises.

The 63-year-old has a stake in the Los Angeles Dodgers, WNBA’s LA Sparks, as well as Major League Soccer club LAFC. Last offseason, Johnson became a part of Harris’ ownership group attempting to purchase the Broncos, which ultimately came up short on that occasion. The pair will now partner once again in their latest effort to join the NFL’s ownership ranks, though they will be facing increased competition.

Canadian billionaire Steve Apostolopoulos has joined the list of interested suitors to tour the Commanders’ facility and emerge as potential new owners, per ESPN’s Brian Windhorst, Adam Schefter and John Keim. That makes him the third known bidder, along with Harris and Houston Rockets owner Tilman Fertitta, who was identified last month as one of the finalists to purchase the team.

The ESPN reports notes that Apostolopoulos, a Harvard graduate whose personal net worth sits at an estimated $3.9B, had shown an interested in purchasing the Charlotte Hornets. Instead, he has now turned his attention to the NFL, and the possibility of being involved in what is expected to be another record-shattering sale in terms of total price if the Commanders are sold in full.

Lurking over this ongoing process, of course, is Jeff Bezos. The Amazon founder has long been considered the top name to watch amongst potential bidders, given his immense wealth and proximity to the franchise as owner of the Washington Post. The latter factor, along with the personal tension it has caused between Bezos and Commanders owner Dan Snyder, however, has been named as the top reason why Bezos has reportedly been blocked from participating in the bidding process to date.

As Ralph Vacchiano of Fox Sports tweets, though, many around the league still believe “it’s only a matter of time” before Bezos submits a bid the other suitors cannot compete with at the eleventh hour to secure ownership of the Commanders. For now, at least, he remains on the sidelines with respect to potential new owners, however.

The upcoming league summit has been floated as a time for a sale to become finalized, since it would require approval from the NFL’s other owners to earn ratification. While Snyder’s recent actions have led to reports of a sale being imminent, it might not be in place in time to be finalized by the end of the month, according to Nicki Jhabvala Mark Maske and Liz Clarke of the Washington Post. They nevertheless reiterate that Snyder is expected to sell “in the coming weeks or months,” so a resolution to this saga could be on the horizon.

Latest On Potential Commanders Sale

February 26th, 2023 at 11:00am CST by Adam La Rose

Previous reports indicated that a resolution would be coming soon in the ongoing sales process concerning the Commanders. Further developments have recently taken place, though they may not point to a sale being as likely as once believed.

Amazon CEO Jeff Bezos – who has long been considered the top name to watch amongst bidders for the Washington franchise – has been barred from taking part in the bidding process, as first reported by Josh Kosman of the New York Post. That news comes in spite of Bezos’ stated interest in being a candidate to buy the Commanders, as evidenced by his decision to hire an investment firm just days ago.

Adding further clarity to the Bezos matter, Ben Standig and Daniel Kaplan of The Athletic report that the mogul’s inability to place a bid “has been a reality for months.” Tense relations between current Commanders owner Dan Snyder and Bezos, who owns the Washington Post, have been frequently mentioned as a potential obstacle to the latter becoming involved in the bidding process. The timing of reports that he has never truly been a candidate to buy the team are certainly noteworthy in light of his earlier actions, and the Post’s continuing mention of him as someone who could still play a part in a potential sale.

With Bezos presumably out of the running, two apparent finalists remain. One is Josh Harris, who was named as a prospective buyer after he toured the Commanders’ facility recently. The billionaire has an ownership stake in several pro sports teams, and took part in the bidding process for the Broncos last offseason. The identity of his primary competition as now been revealed.

Houston Rockets owner Tilman Fertitta is “involved in the bidding” on the Commanders, per the Washington Post’s Mark Maske and Nicki Jhabvala. That makes him the previously unidentified bidder who was mentioned as the one other than Harris to make a formal visit to the team’s facility with the bidding process close to its first major deadline. That has come and passed, and Maske and Jhavbala report that Fertitta placed a bid of just over $5.5BB; as a result, they add that the 65-year-old is not considered the frontrunner.

That figure falls in line with Standig and Kaplan’s assertion that Snyder’s asking price has come down from $7BB closer to the $6BB mark. The latter amount would still comfortably exceed the $4.65BB price tag on the Broncos from 2022, which itself shattered the North American sports record for franchise sales. The Athletic report adds that underwhelming bids could entice Snyder to simply remain his ownership stake, but also that activity surrounding a potential sale has “ramped up.”

Much is still to be determined in this situation, but Bezos being left out of the bidding process is a major takeaway from this latest set of updates. How much Harris and Fertitta are willing to pay for the embattled franchise will soon become clearer, though, if the previously reported goal of having a deal in place buy the March owner’s meetings holds true.

Jeff Bezos Hires Investment Firm Ahead Of Potential Commanders Bid

February 23rd, 2023 at 3:58pm CST by Adam La Rose

The saga of what remains a hypothetical Commanders sale has taken another noteworthy turn. Amazon founder and CEO Jeff Bezos‘ name has once again come up in the discussion of the ongoing sales process.

Bezos has hired investment firm Allen & Company to “evaluate a possible bid” for the Commanders, as detailed by Mark Maske, Nicki Jhabvala and Liz Clarke of the Washington Post. That firm, based in New York, is the one which was involved in the two most recent NFL franchise sales (the Panthers in 2018 and the Broncos in 2022). Bezos hiring them represents a firm commitment to at least explore the possibility of buying the Washington team, something which he had previously only been speculatively connected to.

Bezos was first mentioned as a likely bidder in November, something which immediately made him a name to watch in any sales process. His edge over other bidders in terms of overall spending power has led to the belief that he would be the favorite in the event embattled owner Dan Snyder went ahead with a sale of the team. The situation could become similar to that in Denver last offseason, when the Rob Walton-led group was seen as the one to beat long before their historic bid was accepted and ratified.

On the other hand, tension between Snyder and Bezos (who owns the Post, the outlet most vocal in critiquing the former amidst his various investigations and scandals) was thought to be a reason why Bezos might not be a legitimate bidder. That sentiment grew when the world’s reported fourth-richest man did not take part in the first formal process related to a potential sale.

More recently, a small number of prospective buyers toured the Commanders’ facility. The one which has been identified to date is Josh Harris, who has an ownership stake in a number of pro sports franchises and was a bidder for the Broncos last year. Bezos was not reported to be among the two finalists remaining in terms of serious contenders for the first formal bidding process, which is expected to take place soon. A relatively late arrival would not come as much of a surprise, given the ability Bezos would have to match or exceed Harris’ or any other potential bidders’ best offers (currently believed to be in the $6BB range).

More developments on this front are expected soon, from a more firm commitment from Snyder one way or another with respect to selling the franchise, to a frontrunner emerging to succeed him. This latest step by Bezos puts him squarely on the radar in terms of potential buyers.

Commanders Notes: Snyder-Jones Relationship, Prospective Bidders, Potential Sale Timeline

February 21st, 2023 at 10:55am CST by Adam La Rose

The matter of a potential Commanders sale has been a talking point for months now, as the view other NFL owners take of Dan Snyder has worsened. That trend has stretched to even affect his Cowboys counterpart, Jerry Jones.

A bombshell report from October indicated that Snyder had dug up dirt on his fellow owners, as a means of providing leverage against a vote forcing him to sell his team. In the wake of that report – which the 58-year-old has denied – it was said that Jones still counted himself amongst Snyder’s supporters. That appears to still be the case, but relations between the two have changed.

“I would say we’ve had to be more formal in our conversations,” Jones said, via USA Today’s Jarrett Bell. “We’re not as cavalier as we might have been. Follow me? Don’t know who’s listening. Who’s what? So, we’ve had to be more formal.”

Jones added that Snyder is “not the most beloved guy around,” and that he wouldn’t be worth “taking a sword” for. That marks a notable stance potentially in favor of a sale, something which would likely go a long way amongst other owners, given Jones’ sway in that particular group and his reputation for supporting Snyder more than most.

Here are some other notes related to the Commanders and their hypothetical sales process:

Josh Harris, owner of the Philadelphia 76ers, New Jersey Devils and English Premier League club Crystal Palace, toured the Commanders’ facility earlier this month, per Ben Standig and Daniel Kaplan of The Athletic (subscription required). He did the same last summer as as prospective buyer of the Broncos, so this action signals his interested in becoming owner of the next NFL team to (potentially) go on the market. Around that same time, another, unnamed candidate toured the facility as well, according to the Washington Post’s Mark Maske, Nicki Jhabvala and Liz Clarke. This past Friday, another potential buyer did the same, Jhabvla tweets.
It was reported in December that an initial bidding process took place, one which notably did not include Amazon CEO Jeff Bezos. Providing clarity on that front, Standig and Kaplan note that that December process actually consisted of “non-binding indications of interest,” which do not require formal bids taking place. That is the next step, though, and is expected to take place soon. Once it happens, however, there may be a distinct lack of competition amongst prospective buyers. Lydia Moynihan of the New York Post reports that only two serious contenders remain in the running (including Harris, and not Bezos); they have each showed a willingness to reach the $6BB mark in a sales price, though liquidity would be an issue on Harris’ and the unnamed other bidder’s part at that value. One of Moynihan’s sources predicts Bezos will be courted late in the process given his significant advantage in terms of total wealth.
Speculation has persisted in terms of when a final decision will be made with respect to a sale being green-lighted, and then finalized. On that point, Fox Sports’ Jay Glazer notes that a deal will ideally be in place by the time the NFL’s owners’ meetings take place in late March (video link). That would allow the other owners to vote on and ratify a sale, as they did in the case of the Broncos last offseason, and presumably bring an end to the saga hanging over the Commanders.

Latest On Jeff Bezos, Potential Commanders Sale

January 30th, 2023 at 8:58am CST by Adam La Rose

The possibility of Dan Snyder selling the Commanders remains a key NFL storyline as the offseason approaches. The sense of an ownership change being on the horizon has grown over the past several months, with it coming out in November that a sale is at least being explored.

One of the names immediately brought up as a candidate to purchase the embattled franchise was Jeff Bezos. The Amazon founder has owned the Washington Post for the past decade, and was reported in 2019 to be on the radar of joining the NFL’s ownership group. It came as little surprise, then, that the 59-year-old was said to be interested in submitting a bid for the Commanders not long after it was known the team could soon be up for sale.

However, the initial bidding process came and went in December, and Bezos was not involved, as detailed by A.J. Perez of Front Office Sports. The reasons for that could be closely linked to another notable takeaway from the first round of bidding: no one reached the $7BB mark Snyder is thought to be seeking from the candidate who would become the team’s controlling owner. With an estimated net worth of over $122BB, Bezos could certainly win out over any number of other contenders if liquidity were to become a sticking point, but another factor is thought to be in play in his situation.

Personal grievances involving Bezos and Snyder have been raised as a potential roadblock to a sale being finalized between the two. Specifically, the way in which the Post has covered the Commanders recently amidst controversies connected to their alleged toxic workplace and investigations into financial improprieties has led to a widespread belief of disdain for Bezos on Snyder’s part. Several outlets have stated that Snyder is not interested in selling to him at any price.

Against that backdrop, Josh Kosman of the New York Post reports that Bezos could be lining up a sale of the Post as a first step towards buying the Commanders. While he cites conflicting information from sources on whether or not such a move could be coming soon, it could be construed by Snyder as a “gesture of goodwill” which may “go a long way” in terms of the latter warming up to the notion of selling to Bezos. In terms of his competition, Liz Clarke, Mark Maske and Nicki Jhabvala of the Washington Post note that the finalists for the Broncos are expected to be “contenders” to buy the Commanders.

Denver’s sale to the Rob Walton group last offseason shattered the North American sports record at a cost of $4.65BB. A deal seeing the Commanders change hands could dwarf that figure, especially if the framework were to be in place for a new stadium deal. The Seahawks were believed to be a target for Bezos at one point, but owner Jody Allen emphatically said in the summer that the NFC West franchise will not be sold any time soon. That will leave Bezos connected to Washington if the sales process moves forward in the near future.

Latest On Dan Synder’s Potential Sale Of Commanders

November 9th, 2022 at 8:46pm CST by Ely Allen

New information continues to develop concerning the possible sale of the Commanders franchise from current owner Dan Snyder. Our most recent report included an estimated value of $5.6BB with a potential sales price of up to $7BB. We also pointed out that it was still uncertain whether Snyder was determined to sell all of his stake in the team or whether he still desired to remain a part-owner of the Commanders.

Mike Florio of NBC Sports was able to provide an update to these points this past weekend, reporting that Snyder is determined to sell “all of it — not some of it,” contradicting an earlier report where he quoted Cowboys owner Jerry Jones‘ opinion that Snyder was simply “testing the waters” in an attempt to sell a minority interest in the team. This also makes a moot point of fellow NBC Sports contributor Peter King, who posed that if anyone were to buy a minority stake, it would have to include a clear path to eventually buying Snyder all the way out “in a defined number of years.” The goal is for the full sale of the team to occur by March of 2023.

The report also mentions that Snyder hopes to get the full $7BB amount for the franchise. Florio points out that achieving that $7BB amount would result in a profit of $6.25BB from his original purchase price of $750MM. Florio also points out that the odds of reaching that sales price become more and more likely as lots of interested buyers create the potential for a bidding war. One of the potential bids we had mentioned previously was a group that was rumored to be forming around Amazon founder Jeff Bezos and music mogul Shawn Carter, also known as rapper Jay-Z. Since that rumor began, a number of others have expressed interest in joining the bid. Actor Matthew McConaughey was reported to be exploring the possibility of joining Bezos and Carter or forming his own investment group to bid, according to Mark Maske and Nicki Jhabvala of The Washington Post. Nets star forward Kevin Durant is also reportedly hopeful to join the franchise’s ownership group, according to ESPN’s Nick Friedell.

McConaughey and Durant are both big fans of the Commanders and have some recent experience in franchise ownership. McConaughey is a co-owner of the Major League Soccer’s recent expansion team in Austin. Durant owns a 5% stake in the MLS’s Philadelphia club as well as a minority stake in the National Women’s Soccer League’s Gotham FC. Most recently, Durant became a co-owner last month of a pickleball team. Neither McConaughey nor Durant are in the financial position to lead a bid for the Commanders and would have to rely on an investment group to enter a bid.

Red Sox owner John Henry has also been seen as a possible bidder, according to Josh Kosman of the New York Post, after his recent efforts to sell the Liverpool Football Club. The UK-based soccer team is set to sell for around $2-3BB, a sum that could contribute to the eventual bidding war for the Commanders.

One of the finalists in the sale of the Broncos, mortgage company executive Mat Ishbia also reportedly plans to consider contending with a bid for Washington, according to Maske and Jhabvala. Ishbia issued a statement directly to The Washington Post claiming that he is “interested in exploring this opportunity further.”

The constant emergence of new names supports the prediction that a bidding war could easily drive the team’s price up to the $7BB price tag that Snyder covets. King, from above, suggested that, as “Snyder detests The Washington Post,” he would never want to sell to its owner, Bezos. Perhaps the sheer volume of other investors in the potential investment group will change his mind. If not, it doesn’t sound like Snyder will be lacking for interested buyers.

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