Jeff Bezos hires investment firm to consider bid on Commanders

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Jeff Bezos hires investment firm to consider bid on Commanders
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Amazon founder Jeff Bezos has hired an investment firm to evaluate a possible bid for the Washington Commanders, according to two people familiar with the situation.

It remains unclear whether Bezos, who owns The Washington Post, will make a bid to purchase Washington’s NFL team from owner Daniel Snyder. But his association with Allen & Company represents a concrete sign of his interest in conducting due diligence and potentially in moving forward in the process.

The firm handled the two most recent sales of NFL franchises, those involving the Carolina Panthers and Denver Broncos. The Panthers were sold in 2018 by Jerry Richardson to David Tepper for $2.275 billion. The last year by the Pat Bowlen Trust to a group led by Walmart heir Rob Walton for $4.65 billion, the record sale price for an NFL team.Snyder and his wife Tanya, the team’s co-CEO, announced in November that they’d hired Bank of America to consider possible transactions involving the Commanders. The team has not said whether the Snyders will sell all or part of the franchise.

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