Jeff Bezos taps investment firm while mulling Commanders bid

[February 24, 2023]  Amazon founder Jeff Bezos hired investment firm Allen & Company as he considers bidding on the Washington Commanders, the Washington Post reported Thursday.

Allen & Company handled the two most recent sales of NFL franchises, the Denver Broncos last year and the Carolina Panthers in 2018.

The new logo of the The National Football League's Washington Commanders is seen following a news conference to announce the new team name at FedEx Field in Landover, Maryland, U.S., February 2, 2022. REUTERS/David Grip

Bezos, who also owns the Washington Post, is the third-richest person in the world with a net worth of $119 billion, according to Forbes' rankings. It is presumed that he would be able to outbid any competitors should he decide he wants to buy the Commanders.

Media reports last month said the team could be sold as soon as March and no candidate met Daniel Snyder's asking price of $7 billion in the first round of bids.

Bezos did not submit an official bid before the late December date for the first round, the reports said.

The Commanders have said that Snyder and his wife Tanya Snyder, the co-CEO, will "consider potential transactions" for the franchise -- whether selling all or part of the team.

--Field Level Media

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