Top bids to purchase the Washington Commanders fell far wanting proprietor Dan Snyder’s $6 billion cutoff — whereas billionaire Jeff Bezos has been compelled to the sidelines, sources instructed The Post.
An unidentified bidder got here in with an provide of round $5.5 billion by this week’s deadline, which was just like the quantity provided by 76ers and Devils proprietor Josh Harris, sources near the state of affairs mentioned.
Bezos, who’s price greater than $100 billion, was prevented by Snyder from getting into the personal public sale although the Amazon
AMZN,
founder needed to take part, sources mentioned.
Bezos and Snyder didn’t return requires remark. Harris declined remark.
As The Post beforehand reported, Snyder holds a grudge in opposition to Bezos, who owns the Washington Post, which revealed a collection of exposes alleging Snyder enabled intercourse harassment on the maligned NFL franchise.
The reviews led to the NFL placing strain on Snyder to promote the workforce. But 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 may not want to give it up,” a supply carefully watching the sale mentioned.
Bezos has quietly stalked the gross sales course of. This week, he employed an funding financial institution to discover a bid for the workforce, the Washington Post reported.
But the truth is Bezos has been working with Allen & Co. for months and has lengthy been , two sources near the state of affairs mentioned.
“He wants to say [to the NFL] don’t let them say we weren’t here,” the supply carefully watching the sale mentioned.
NFL house owners 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 workforce he rooted for as a toddler is anticipated by the annual house owners’ assembly that begins March 26, sources mentioned.
Source web site: www.marketwatch.com
