Jeff Bezos ‘considering selling Washington Post to buy Commanders’
Amazon billionaire Jeff Bezos ‘is considering selling Washington Post to buy the Commanders’… as embattled NFL owner Dan Snyder looks to sell for ‘north of $7BILLION’ amid ongoing sexual harassment probe
Amazon founder Jeff Bezos is reportedly ready to cash in on the Washington Post newspaper in a bid to buy the NFL’s Washington Commanders.
The billionaire bought the Washington Post in 2013 for $250million but the New York Post are now reporting that Bezos is ‘looking to clear the way’ to get the Commanders from embattled owner Dan Snyder.
Back in December there was reported to be a deadline for any bids for the Commanders, with the team expected to be valued in the region of $5.5-6.5m.
Washington Commanders owners Tanya Snyder, left, and Dan Snyder on the field before the Dallas Cowboys defeat of the Washington Commanders 25-10 at AT&T Stadium on October 2
Snyder, along with his wife and co-CEO Tanya, announced on November 2 that they hired Bank of America Securities to explore potential transactions, but did not specify if they’re looking to sell all or just a portion of the team.
A leaked video from a town hall meeting of Washington Post employees, which showed a discussion on looming layoffs, raised suspicion that Bezos could move on from his ownership.
Publisher Fred Ryan was heard telling staff that a layoffs will take place during the first quarter of 2023.
A spokesperson for Bezos told the New York Post the Washington Post is not for sale.
But last week Front Office Sports reported through sources told that Bank of America executives are ‘courting Bezos’ over the possibility of a takeover.
Bezos, valued at $124 billion,, is the second richest person in the United States.
The Snyders are exploring the possibility of selling the team, to the pleasure of many fans
NBC Sports Washington last week detailed that a sale of the team ‘will be over soon’ but with Bezos reported to have not yet made a bid, they added that the ‘preference’ of the Snyders is not to sell to the Amazon founder.
Bezos does have immense wealth and spending power and so it will be an interesting test for the Snyders if he does submit a bid for the team, which went X-X in this past season.
It is however much less likely that Bezos would be joined in his bid by Jay Z.
Despite previous reporting to the contrary, a source close to the rapper told DailyMail.com last month that Jay Z isn’t expected to be involved with any purchase.
MORE TO FOLLOW.