By Lew Gould
Amazon founder Jeff Bezos has an interest in the Washington Commanders, and he has hired Allen & Company — one of the top investment banking firms in sports — to explore a potential bid for the Commanders more than three months after owner Dan Snyder announced he’d explore a franchise sale, according to The Washington Post.
Bezos is the world’s third-richest person, with an estimated net worth of $119 billion. He explored a minority stake in the Commanders years ago.
Dan Snyder is seeking as much as $7 billion for the franchise he purchased for $800 million in 1999. At the same time, Snyder hasn’t expressed that he would sell all or even a chunk of the team; all signs — including at the team’s headquarters Thursday, where Eric Bieniemy was introduced as the new offensive coordinator and assistant head coach — pointed to Snyder selling.
In recent weeks, multiple potential buyers have paid visits to the team’s headquarters in Ashburn, Virginia, including Harris Blitzer Sports & Entertainment co-founder Josh Harris.
Allen & Company handled many of the largest franchise transactions in recent years, including the last two NFL teams to change hands (Denver Broncos and Carolina Panthers) and the MLB-record purchase of the New York Mets.
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