Amazon founder Jeff Bezos sells Washington Post and buys NFL team Washington Commanders


According to the New York Post, Amazon founder Jeff Bezos is likely to sell the Washington Post to buy the American football team, the Washington Commanders. According to sources with first-hand knowledge of the matter, The Washington Post is believed to be up for sale by one logical suitor willing to submit an offer. Sources declined to identify the suitors. A second buyer and seller of the newspaper claimed to have heard rumors that the publication might be sold.

Rumor has it that Washinton Commanders are for sale.

However, according to several media reports, Bezos’ spokesperson said the Washington Post was not for sale. A spokesperson for the journal, whose owner News Corp owns the New York Post, also said the paper is not for sale.

Bezos bought the Washington Post for $250 million in 2013. The New York Post reported that Bezos was “trying to clear the way” to secure the commander from beleaguered owner Dan Snyder.

Having won three Super Bowls, lifting the Lombardi Trophy in 1983, 1988 and 1992, the Commanders are considered by prospective investors to be a dormant franchise in prime markets.

Reportedly, Bezos is in trouble because struggling Commanders owner Dan Snyder is still outraged by a series of revelations in prominent newspapers exposing the team’s toxic management culture that bosses, including Snyder, were responsible for enabling sexual harassment. is facing.

Commander looking for new ownership

Meanwhile, Front Office Sports, a multiplatform media brand covering the impact of sports on business and culture, reported that the Bank of America that Snyder hired to auction the Commanders “continues to woo Bezos, even if there are signs that Snyder doesn’t want to.” The New York Post reported that it would “sell” to the Amazon founder.

The Commanders appear to have accepted first-round bids from potential buyers last week, but Bezos, who was allegedly in talks to form an acquisition partnership with Jay-Z, isn’t among them.

Bezos has stated publicly that owning a newspaper was never his goal. To ensure financial security and spur online expansion, Bezos was persuaded to buy The Post from former owner Donald Graham in 2013.

There’s no concrete answer, it just hangs around

Moreover, Bezos has repeatedly claimed that football is his favorite sport, but has never publicly stated whether he wants to add a National Football League (NFL) team to his establishment.

Despite experiencing rapid expansion under Bezos with staggering coverage, the paper appears to be projecting a deficit for 2022 after years of profiting as circulation dwindled after the end of the Trump administration.

If Bezos bids on the team, it would be an interesting test for Snyders given his enormous wealth and purchasing power.

Amazon founder Jeff Bezos, one of the richest people in the world, revealed in November what he ultimately plans to do with his billion-dollar fortune.

In an interview with CNN, the billionaire said he plans to donate most of his fortune to charity over the course of his life.

(If you have a story in and around Mumbai, be one of our listening citizen journalists and send it here.)

(Click here to receive electronic documents on WhatsApp daily. Click here to receive electronic documents on Telegram. Allow PDF sharing of documents on WhatsApp and other social media platforms.)


Leave a Comment