• Loading stock data...
Thursday, May 29, 2025

The Next Washington Commanders Owner May Not Be The Highest Bidder

  • Jeff Bezos has the cash, although owner Dan Snyder has battled Bezos-owned Washington Post for years.
  • A partnership with Jay-Z could boost the efforts of the Amazon founder.
Jeff-Bezos
Jay Biggerstaff-USA TODAY Sports

Dan Snyder’s final major decision as owner of the Washington Commanders could be choosing his replacement — and he doesn’t have to take the highest bidder. 

That could complicate a potential purchase by Amazon founder Jeff Bezos, the leading contender mentioned to Front Office Sports by bankers and team executives interviewed since Snyder announced Wednesday that he was exploring a sale. 

Beyond Bezos, FOS has confirmed billionaire co-founders of Clearlake Capital Behdad Eghbali and José Feliciano are also interested.

Bezos, with a net worth north of $100 billion, could easily outbid all the other names that have been floated. But he also owns The Washington Post, which was the focus of much of Snyder and co.’s ire before it was turned toward ESPN after its exposé last month

But would Snyder actually take less money to spite Bezos? 

Dan Snyder Is Exploring Sale of Washington Commanders

Snyder announced on Wednesday that he has hired Bank of America.
November 2, 2022

“Maybe if the bids weren’t that far apart, but that doesn’t seem like something he’d do,” one banker told FOS.

With the team expected to sell for more than $6 billion, would Snyder sell for, say, $5 billion in this hypothetical?

“If Bezos bid a billion more than anyone, that’s some f–k you money,” another banker said. “I can’t think of anybody who’d turn down an extra billion dollars.”

One tech mogul has already been denied a team despite having the highest bid: Oracle co-founder Larry Ellison. Joe Lacob and Peter Guber landed the Golden State Warriors for $450 million in 2010 even though Ellison would’ve paid more.

Ellison’s estimated worth is currently around $100 billion, but he appears more interested in sailing now. 

This is why one of the bankers said the NFL “is running out of billionaires” who have the means and desire to own a team. The league mandates that 30% of the purchase price be in cash. With the team potentially changing hands for $7 billion, that’d be $2.1 billion. 

Bezos, however, could have some help negotiating with Snyder.

TMZ reported a Bezos-Jay-Z partnership is “on the table,” a duo that would be hard to topple. 

Jay-Z is worth an estimated $1.5 billion, making him the wealthiest hip-hop artist. Jay-Z‘s Roc Nation also has a multi-year partnership with the NFL. 

It’s not clear if that’s how Snyder and Jay-Z became friendly, but sources told FOS they keep in touch. 

The True Cost of Buying The Commanders Could Approach $10B

Commanders could fetch a record sum, but the costs won’t end there.
November 2, 2022

Bezos and Jay-Z likely would have zero issues making it through the NFL Finance Committee en route to approval by at least 24 owners. 

Before we get that far ahead of ourselves, Snyder hasn’t even confirmed he’s putting all — or even any — of the Commanders up for sale. League executives and bankers, however, expect Snyder to move forward with selling it all. 

The process will be handled by Bank of America, and details of negotiations won’t be made readily available — including how much Snyder would want for the team. 

There have even been whispers among bankers about the approach by Phoenix Suns and Mercury owner Robert Sarver.

Sarver announced he’d sell the franchises amid the backlash from an NBA investigation into allegations he regularly used racially and sexually inappropriate language.

“You tell everybody you’re selling and you act like you’re going through the sales process,” the banker said. “Then, after all that, you come out and say, ‘I was expecting to get more and now I am keeping the team.’”

One banker said Snyder could attempt to do the same thing. 

That could seem like a wild theory, but it’s no more out there than some lists of potential owners. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Mar 16, 2025; Fort Worth, TX, USA; UAB Blazers forward Yaxel Lendeborg (3) drives to the basket as Memphis Tigers forward Nicholas Jourdain (2) defends during the first half at Dickies Arena.

Prospects Picking College Over NBA Draft at Record Rate

The 2025 NBA draft has its lowest number of early entrants since 2015.

Terry Bradshaw Calls Steelers Pursuit of Aaron Rodgers ‘a Joke’

The Pro Football Hall of Famer lambastes the courtship of the mercurial star.
Cousins

Kirk Cousins, James Cook Among Prominent NFL OTA Absences

The NFL’s 2024 rushing touchdowns leader was among the absences Tuesday.

How Much Do NFL Agents Make?

We dive into what agents make at American football’s highest level.

Featured Today

How Rolex Paved the Way for Luxury’s Love Affair With Tennis

“It’s almost impossible to think about tennis without thinking about Rolex.”
Mar 23, 2025; Miami, FL, USA; Alexandra Eala (PHI) reacts after winning a point against Madison Keys (USA)(not pictured) on day six of the Miami Open at Hard Rock Stadium.
May 24, 2025

Alex Eala Is Defying Her Country’s Odds to Make French Open History

The Philippines native has overcome a unique set of financial odds.
May 24, 2025

Indiana Is the Center of the Basketball Universe—Thanks to Both Pro Teams

The Fever and Pacers are thriving at the same time.
Around the Horn - October 26, 2020
May 23, 2025

‘Quirky, Nutty, Bombastic’: 10 ‘Around the Horn’ Faces on Their Top Moments

“A quirky, nutty, bombastic, mostly wrong, sometimes right, crazy sports family.”
Ovi

Capitals Say Ovechkin Retirement Email Was Sent in Error

Ovechkin is the NHL’s all-time scoring leader and has one Stanley Cup. 
SGA
May 29, 2025

Thunder Poised to Dominate for Years After Winning West

OKC has the NBA’s best shot at a dynasty with the new CBA.
May 29, 2025

T-Wolves Face Roster-Building Questions After Another WCF Loss

The team has ownership stability entering this offseason.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

In Episode 7 of Portfolio Players, go inside the boardroom with Avenue Capital CEO and former Milwaukee Bucks co-owner Marc Lasry on Giannis’s future, women’s sports, and upstart leagues like TGL and Unrivaled. 
May 28, 2025

Mets Casino Project Moves Forward As Cohen Shakes Up Front Office

Scott Havens will depart as team president of business operations.
Ted Leonsis
exclusive
May 27, 2025

Where Do the Mystics Fit in a Rapidly Evolving WNBA?

The WNBA is increasingly divided between the new- and old-guard owners.
May 27, 2025

Caitlin Clark Injury Sends Fever Road Ticket Prices Plummeting

Clark has never missed a game in her WNBA career.
May 23, 2025

Maple Leafs Cut Ties With President As Cup Drought Nears Six Decades

The NHL’s most valuable franchise makes a major leadership change.