Wednesday, October 16, 2024
HomeStock MarketJeff Bezos blocked from bidding on NFL's Washington Commanders as different gives...

Jeff Bezos blocked from bidding on NFL’s Washington Commanders as different gives come up brief: NY Publish


High bids to purchase the Washington Commanders fell far in need of proprietor Dan Snyder’s $6 billion cutoff — whereas billionaire Jeff Bezos has been pressured to the sidelines, sources instructed The Publish.

An unidentified bidder got here in with an supply of round $5.5 billion by this week’s deadline, which was much like the quantity supplied by 76ers and Devils proprietor Josh Harris, sources near the scenario stated.

Bezos, who’s price greater than $100 billion, was prevented by Snyder from getting into the non-public public sale although the Amazon
AMZN,
-2.42%
founder needed to take part, sources stated.

Bezos and Snyder didn’t return requires remark. Harris declined remark.

As The Publish beforehand reported, Snyder holds a grudge in opposition to Bezos, who owns the Washington Publish, which printed a sequence of exposes alleging Snyder enabled intercourse harassment on the maligned NFL franchise.

The studies led to the NFL placing strain on Snyder to promote the staff. However now that Snyder didn’t get his asking worth, he could determine to keep up his grip on Washington, which he purchased for a then-record $800 million in 1999.

“He’s an ass and he could not wish to give it up,” a supply carefully watching the sale stated.

Bezos has quietly stalked the gross sales course of. This week, he employed an funding financial institution to discover a bid for the staff, the Washington Publish reported.

However the actuality is Bezos has been working with Allen & Co. for months and has lengthy been , two sources near the scenario stated.

“He needs to say [to the NFL] don’t allow them to say we weren’t right here,” the supply carefully watching the sale stated.

NFL homeowners could but strain Snyder to promote to Bezos so it raises the worth of all groups.

A call on whether or not Snyder will lastly stroll away from the staff he rooted for as a toddler is anticipated by the annual homeowners’ assembly that begins March 26, sources stated.

A model of this report seems on NYPost.com.



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