Bezos Likely to Join Rapper Jay-Z in Bidding for NFL Washington Commanders
[Asia Economy Reporter Jeong Hyunjin] Jeff Bezos, the founder of Amazon, is reportedly considering acquiring the NFL team Washington Commanders in partnership with American rapper and entrepreneur Jay-Z (real name Sean Corey Carter), according to reports by The Washington Post (WP) and others on the 3rd (local time). If the acquisition goes through, it is expected to set a record high price.
The news of Bezos and Jay-Z's acquisition consideration came just one day after the current Washington Commanders owners, Daniel Snyder and Tanya Snyder, announced their intention to sell. The Washington Commanders had previously stated that they appointed Bank of America (BoA) as the lead bank to review potential deals.
Market analysts expect that if Bezos enters the bidding, the team's value could rise to as much as $6 billion (approximately 8.6 trillion KRW). It is reported that Bezos and Jay-Z are willing to invest more than $5.5 billion. Forbes estimated the team's value at $5.6 billion last August.
Earlier in June, Rob Walton, heir to Walmart, purchased the NFL team Denver Broncos for $4.6 billion, setting a record at the time. If the Washington Commanders acquisition deal is finalized, it is expected to surpass that amount.
Bloomberg News stated, "If Bezos definitely enters the bidding, it will be difficult for others to compete against him."
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According to the Bloomberg Billionaires Index, as of this date, Bezos's net worth stands at $112 billion, ranking him 4th among the world's wealthiest individuals. Although he has shown interest in acquiring NFL teams several times in recent years, he reportedly did not participate in the bidding for the Denver Broncos purchase in June.
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