Jeff Bezos is not allowed to bid for the Washington Commanders, a person briefed on the sale process confirmed to BenStandig and KaplanSportsBiz. The person added that Bezos being barred from bidding has been a reality for months.
, the team’s banker, Bank of America, has told the billionaire, a person briefed on the sale process confirmed toThe person added that Bezos being barred from bidding has been a reality for months.
on Snyder keeping Bezos away from the sale process and added that the Commanders owner may decide to maintain control of the franchise he’s owned since 1999 if the bids do not reach his desired price.that activity with the potential sale has “ramped up.”also confirmed a Washington Post report that Bezos has been working with banking firm Allen & Co. as he ponders a bid.
“That’s part of what I had to answer for sure,” Wright said Thursday after Bieniemy’s introductory press conference. “And that’s my job, right? I’m the closest to all that. Eric, just like the rest of us, sees the transition as one that’s good for the organization … There’s nothing but upside for the organization, and we’ve already had a lot of success in rebuilding the football side of the business from where we started when Ron took over.
sold for last year, a record for a professional sports team. While the Broncos are in a smaller market, the Commanders’ attendance and market reputation are among the worst in the NFL.Under intense pressure to cede the club following waves of scandals and negative attention, Snyder announced in November the club had retained Bank of America to run a process that could result in a full or partial sale of the team, though doubts have persisted he will follow through.
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