Jeff Bezos & Jay-Z in Talks To Buy the Washington Commanders
| LAST UPDATE 11/11/2022
It's not every day we find the RnB King joins forces with the CEO of Amazon. However, on this special occasion, the two cultural phenomenons have something in common. They have both expressed interest in offering a bid to become in charge of the NFL team amid Snyder allegations.
The billionaire businessman has reportedly opened a discussion with the Run This Town singer to potentially pursue ownership over the football team, the Washington Commanders. Currently, the team is owned by Daniel Marc Snyder, along with his wife, Tanya, who originally bought the team when they were known as the Washington Redskins. He bought them from Jack Kent Cooke's estate in 1999 and took them to NFL victory. But is it time for Snyder to touchdown his football family forever? According to CNN, an inside confirmed Bezos's interest in the takeover as they began to "explore a sale of the team and hired Bank of America Securities to consider potential transactions." However, a spokesperson for the $6 billion league has stated they are "not commenting on who has or has not expressed interest." However, NFL declined to comment on the situation.
Meanwhile, Jay-Z's sports interest has not come out of the blue. Not only is he the founder of the entertainment agency Roc Nation - which has incorporated a sports management division - but he is the celebrity owner of the Brooklyn Nets. Currently, his Roc Nation army represents some of the leading NFL players, such as Brandon Jones from the Miami Dolphins as well as Terence Steele from the Dallas Cowboys. In addition, the artist previously partnered with Colin Kaepernick's activist campaign, raising awareness of the criminal justice sector within sports, as well as "education and economic advancement." At least with this track record, Jay-Z would be a compliant application to take charge of the burgundy, gold, and white team. More specifically, the sudden spark in interest has come about at the same time Snyder's history of sexual harassment and "toxic workplace" has been given more light in the press. The NFL and US Government House Oversight Committee are investigating the situation further, but considering the dual net worth between American entrepreneur and rap mogul, this deal could be sealed sooner rather than later. Still, these contracts aren't signed overnight.
In the midst of the situation, attorneys Lisa Banks and Debra Katz, who represent over 40 former employees of Snyder, have scrutinized Snyder's portfolio. With that taken into consideration, they have released a statement dubbing the possible sale "a good development for the team, its former and current employees, and its many fans." Stay tuned.