Commanders owner Daniel Snyder now may not sell?
Amazon billionaire Jeff Bezos reportedly hired an investment firm to explore a potential bid for the Washington Commanders.
One day later, the New York Post was reporting that current owner Daniel Snyder may not be selling the Commanders after all.
Reports in the process of accepting bids had been that bids had reached $6.3 billion. But the NY Post is now reporting that is not the case at all. They are countering that bids came in under the $6 billion mark. It is no secret Snyder stated he wanted $7 Billion in the purchase.
The NY Post is declaring that 76ers and NJ Devils owner Josh Harris offered a bid of around $5.5 billion, as did a second bidder who, at this time, remains unidentified.
Meanwhile, the NY Post continues that Snyder is still holding a grudge against Bezos for the Washington Post reports of a toxic workplace environment out at the Ashburn facility.
Consequently, it is believed that Snyder has now gone as far as preventing Bezos from entering the bidding for the Commanders, though Bezos is himself reportedly worth more than $100 Billion.
Thus, the bids are disappointingly lower than Snyder’s expectations or demands. Does he actually continue to hold out, refusing to permit Bezos to officially enter the bidding?
Does the NFL counter with a move because they clearly believe the DMV market needs a new owner, as Snyder has definitely lost much of the fanbase in the last decade?
How much is the Commanders’ franchise worth? You actually never learn what something is worth by what people say it is worth. You wait and see what someone actually pays for it with their own money.
