Jeff Bezos might sell Washington Post to buy the Washington Commanders: report
Report: Bezos to sell Washington Post to buy Commanders
Jeff Bezos, Amazon founder and owner of the Washington Post, could sell the newspaper and buy the Washington Commanders, according to a report in the New York Post. FOX 5's Katie Barlow reports from outside the newspaper's headquarters with more details.
WASHINGTON - Jeff Bezos, Amazon founder and owner of the Washington Post, could sell the newspaper and buy the Washington Commanders, according to a report in the New York Post.
In November of last year, the team announced the surprising decision that owner Dan Snyder and his wife hired Bank of America Securities to "consider potential transactions."
The news came amid mounting pressure and multiple ongoing investigations involving the team.
KANSAS CITY, MO - SEPTEMBER 15: Jeff Bezos looks on from the sidlines before kickoff between the Kansas City Chiefs and Los Angeles Chargers at GEHA Field at Arrowhead Stadium on September 15, 2022 in Kansas City, Missouri. (Photo by Cooper Neill/Get
Several people, including Bezos, have been linked to the potential purchase of the team. A report from Front Office Sports named Todd Boehly, co-owner of the Los Angeles Lakers, Dodgers and Sparks, as an interested party. Clearlake Capital co-founders Behdad Eghbali and José Feliciano and John Henry, the principal owner of the Fenway Sports Group, have also been named.
The Commanders are worth an estimated $5.6 billion, according to Forbes - a sevenfold increase over the then-record $800 million Snyder paid for the team in 1999. The FOS report says none of the early bids exceeded $6.3 billion.
According to the Post, one problem for Bezos is that Snyder could still possibly be harboring ill feelings toward him after the paper’s reports on the toxic workplace culture surrounding the franchise.
ARLINGTON, TX - OCTOBER 2: 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, 2022 in Arlington, TX. (Photo by John Mc