WSH Sale “Will Be Over Soon”! Josh Harris is Dark Horse Candidate! Bezos Didn’t Submit Bid! & More!
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@byajperez Amazon founder Jeff Bezos hasn’t submitted a formal bid for the Washington Commanders, sources tell @FOS. Minus Bezos, none of the half-dozen bids ahead of last month’s first-round deadline exceeded $6.3 billion.
JP Finlay @JPFinlayNBCS No Bezos doesn’t mean no sale. In fact I heard today from a source close to the situation that “it will be over soon”! If you had “100 hypothetical chips” who would you say we should be keeping an eye on! Joshua Harris (born 1965) is an American private equity investor and philanthropist who co-founded Apollo Global Management, one of the world’s largest alternative investment firms. Harris is the principal owner and managing partner of the New Jersey Devils of the National Hockey League and the Philadelphia 76ers of the National Basketball Association, and is a general partner in Crystal Palace of the English Premier League. Bloomberg estimated his net worth to be around US$7.05 billion in July 2021! Jeff Bezos didn’t place a bid for the Washington Commanders ahead of last month’s deadline, sources with knowledge of the process told Front Office Sports. But that doesn’t mean the Amazon founder is out of the running for embattled Dan Snyder’s franchise. Minus Bezos, none of the half-dozen bids submitted before the first-round deadline on Dec. 23 for the Commanders came exceeded $6.3 billion, a source said. 2 main reasons why:
Bezos didn’t come strong with a huge number, setting up a situation where he’d initiate an early bidding war!
Other billionaires interested in the Commanders have realized that getting public financing for a new stadium could be difficult. A domed stadium, like the one Snyder, had plans to build, was estimated at $3 billion. Snyder announced in November that the team would explore a franchise sale could reach $8 billion, set a worldwide sales record for a sports franchise. Snyder led a purchase of the Commanders for $800 million in 1999. league approved a debt waiver in March 2021 so Snyder to finance a large chunk of the $900 million needed to buy out three co-owners who owned 40% of the team.
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