Jeff Bezos Comes up Short in Bid for Washington Commanders
Top bids to buy the Washington Commanders fell far short of owner Dan Snyder’s $6 billion cutoff — while billionaire Jeff Bezos has been forced to the sidelines, sources told The Post.
An unidentified bidder came in with an offer of around $5.5 billion by this week’s deadline, which was similar to the amount offered by 76ers and Devils owner Josh Harris, sources close to the situation said.
Bezos, who’s worth more than $100 billion, was prevented by Snyder from entering the private auction, though the Amazon founder wanted to participate, sources said.
Snyder and Bezos did not respond to calls for comment. Harris declined comment.
As The Post reported in the pastSnyder is bitter against Bezos, the owner of the Washington Post. The Post published several exposes alleging Snyder. Permitted sex harassment The maligned NFL team.
The NFL put pressure upon Snyder to sell the team after the reports. Snyder did not get the asking price. He may instead decide to keep Washington, which he purchased for an unprecedented $800 million in 1999.
“He’s an ass and he may not want to give it up,” a source closely watching the sale said.
Bezos quietly followed the sales process. He was arrested this week. hired an investment bank to explore a bid The Washington Post reported on the team.
The reality is that Allen & Co. is Bezos’s employer. for months and has long been interested, two sources close to the situation said.
“He wants to say [to the NFL] don’t let them say we weren’t here,” the source closely watching the sale said.
NFL owners might still press Snyder to sell to Bezos so that it raises all teams’ value.
A decision on whether Snyder will finally walk away from the team he rooted for as a child is expected by the annual owners’ meeting that begins March 26, sources said.
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