Shawn “Jay-Z” Carter, Jeff Bezos and Byron Allen are reportedly interested in purchasing the Washington Commanders.
On November 2, Washington Commanders Owner Daniel Snyder reportedly enlisted the help of Bank of America as he explored a potential sale of the NFL franchise.
“Dan and Tanya Snyder and the Washington Commanders announced today that they have hired BofA Securities to consider potential transactions,” the franchise stated.
“The Snyders remain committed to the team, all of its employees and its countless fans to putting the best product on the field and continuing the work to set the gold standard for workplaces in the NFL.”
Shortly after the Snyders acquired the services of Bank of America, media mogul Byron Allen began putting together a team of investors interested in purchasing the franchise. Nicki Jhabvala of the Washington Post later added that Allen is not interested in purchasing the franchise, rather he is interested in becoming the league’s first Black majority team owner.
In a separate report, CNN revealed that Amazon Founder Jeff Bezos was putting together a group of investors that was interested in buying the Commanders. Shawn “Jay-Z” Carter is reportedly a part of the group. However, Roc Nation nor Carter has issued a statement regarding the matter.
The Washington Commanders are worth an estimated $5.6 billion, but their valuation could fluctuate during the sale.