• Loading stock data...
Monday, April 29, 2024
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds

Why Jeff Bezos’ Ties to Amazon Won’t Derail Commanders Ownership Bid

  • The e-commerce giant is in first year of an 11-year deal as the exclusive home of “Thursday Night Football.” 
  • Bezos’ ties to the company he founded — especially given his wealth and connections — can be worked around.
Jay Biggerstaff-USA TODAY Sports

Jeff Bezos’ expected Washington Commanders bid likely wouldn’t be perceived as a conflict of interest despite Amazon being an NFL TV and technology partner.

Bezos stepped down as Amazon’s CEO in July 2021, although he remains executive chairman of the e-commerce giant that is in the first season of an 11-year deal as the exclusive home of “Thursday Night Football.” 

But Bezos’ ties to the company he founded — especially given his wealth and connections — can be worked around. 

“There are a lot of ways that they can protect against conflict interest concerns without banning somebody like Jeff Bezos together,” said Jodi S. Balsam, a professor at Brooklyn Law School who worked as an NFL attorney for several years. “I think he’s clearly a desirable owner. He’s certainly more desirable than Dan Snyder. I mean, they probably would take almost anybody else at this point.

“[Bezos] brings his business experience and a perspective that complements the current ownership in a lot of constructive ways.”

Washington-Commanders

Bezos, Jay-Z Reportedly Teaming Up on Commanders Bid

Jeff Bezos and Jay-Z are frontrunners to be the next NFL owners.
November 4, 2022

An NFL spokesperson did not return a request for comment. 

Bezos is also the world’s fourth-richest man with an estimated net worth of $113 billion. 

There’s no language in the current NFL’s constitution and bylaws obtained by Front Office Sports that would bar Bezos from owning an NFL team. 

Commissioner Roger Goodell, however, has the authority to “implement additional policies” related to “perceived conflicts with existing business partners” in consultation with the league’s finances and/or fund investment committees. 

Balsam said the league’s rules have morphed to give owners more freedom when it comes to business outside their respective NFL teams. Much of that stemmed from the relaxation before the total elimination of cross-ownership rules. 

“The league is saying [by the changes to the constitution and bylaws], ‘We want to make smart, accommodating and flexible decisions,’” Balsam said. “‘We’re not absolutists on any of this anymore.’”

Dan Snyder
exclusive

Investigations Won’t Likely Hinder a Speedy Commanders Sale

Dan Snyder expected to move quickly to sell all of the franchise.
November 7, 2022

While Snyder hasn’t officially said he’s selling all or even a majority stake in the team yet, it’s an anticipated next step from his announcement last week

The Commanders said in a statement that Snyder is “exploring all options” with the assistance of Bank of America. 

The finance committee undertakes a review of an ownership application after a winning bid is selected. (The application fee is $25,000, but is refunded if the ownership bid is rejected.) If the finance committee approves, it goes to full ownership where 24 votes are needed to approve.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

With the Draft in the Books, the NFL’s Calendar Takeover Continues

Next on the agenda for the NFL will be the upcoming season’s schedule release.

Regular-Season Euro Soccer Matches in U.S. Closer As Legal Barriers Fall

The pathway for European leagues to play official matches in the U.S. remains uncertain.

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.
podcast thumbnail mobile
Front Office Sports Today

What’s Really Going on With MLB Pitcher Injuries?

0:00
0:00

Featured Today

Everything You Need To Know About the Legal Attempts To Kill the ACC

Four lawsuits involving the conference, Clemson, and FSU could determine the future.
April 20, 2024

A Bare-Knuckle Fighter Won His Pro Debut. The Far Right Scored a Marketing Win

With Proud Boys sponsoring him, experts say extremist groups will use his success to elevate their ideologies and recruit new believers.
April 7, 2024

Women’s Basketball Finally Has a TV Deal to Match the Excitement. Now What?

A lucrative new media-rights contract could rectify problems of the past, but the future of March Madness media rights is anyone’s guess.
Mar 16, 2024; Washington, D.C., USA; North Carolina State Wolfpack forward DJ Burns Jr. (30) cuts the net after defeating the North Carolina Tar Heels for the ACC Conference Championship at Capital One Arena.
April 6, 2024

How Two College Seniors Helped DJ Burns Cash In on a Final Four Run

Two college seniors are facilitating deals for NC State’s big man.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

‘Baseless Corporate Conspiracy’: Hedge Fund Heats Up Feud Between NBA Owners

The Mat Ishbia–Dan Gilbert feud has exploded into view this week.
March 14, 2024

Chiefs’ President Threatens Team Could Leave Kansas City If Voters Don’t Give It Money

The Hunt family’s cheapness continues to show after Super Bowl title.
March 25, 2024

Tony Clark Appears to Be Winning Fight Over Baseball’s Union

Some players had recently called for the removal of Clark’s top negotiator.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
IRS
February 15, 2024

IRS to Start Auditing Sports Owners

Audit increase comes with the agency’s increased enforcement budget.
Theo Epstein
February 2, 2024

Theo Epstein Returns Home, Joins Fenway Sports Group

The 50-year-old will serve as a senior adviser to the ownership group.
January 24, 2024

Former Tottenham Owner Pleads Guilty to Insider Trading Charges

Tottenham is worth $2.8 billion and owned by Lewis’s family trust.
Mark Cuban and Dallas Mavericks.
November 28, 2023

Adelson Family Freed Up $2B To Reportedly Buy Stake In Dallas Mavericks

Miriam Adelson is selling a portion of her Las Vegas Sands Corp stock.