Beautiful Virgin Islands


Jeff Bezos To Sell Washington Post To Buy NFL Team Commanders: Report

Jeff Bezos To Sell Washington Post To Buy NFL Team Commanders: Report

The Washington Post is believed to be up for sale by one logical suitor, who intends to submit a proposal, according to a source with firsthand knowledge of the matter.
Amazon founder Jeff Bezos is likely to sell the American newspaper Washington Post to buy the football team Washington Commanders, according to the New York Post.

The Washington Post is believed to be up for sale by one logical suitor, who intends to submit a proposal, according to a source with firsthand knowledge of the matter. The source declined to identify the suitor. A second newspaper buyer and seller claimed to have heard rumours that the publication might be for sale.

However, as per several media reports, a spokesperson for Bezos said the Washington Post is not for sale. A spokesperson for the journal -- the owner of which, News Corp, also owns the New York Post, also stated the paper is not for sale.

Notably, Bezos bought the Washington Post in 2013 for USD 250 million. New York Post reported that Bezos is 'looking to clear the way' to get the Commanders from embattled owner Dan Snyder.

Reportedly, the Commanders, who have won three Super Bowls, lifting the Lombardi Trophy in 1983, 1988 and 1992, are seen by their potential investors as a sleeping giant franchise in a major market.

According to reports, Bezos is facing trouble because the struggling owner of the Commanders, Dan Snyder, is still angry about the illustrious newspaper's series of exposes exposing a poisonous management culture at the team, where bosses including Snyder are allegedly responsible for enabling sexual harassment.

Meanwhile, Front Office Sports, a multiplatform media brand that covers the influence of sports on business and culture reported that Bank of America, hired by Snyder to auction the Commanders, "continues to court Bezos -- even if there are indications that Snyder doesn't want to sell" to the Amazon founder, New York Post reported.

The Commanders apparently accepted first-round bids from potential buyers last week, but Bezos, who supposedly has been in negotiations with Jay-Z to form a buyout partnership, wasn't one of them.

Bezos has publicly stated that owning a newspaper was never his goal. In order to ensure financial stability and spur online expansion, Bezos was persuaded to purchase the Post by its former owner Donald Graham in 2013.

Moreover, Bezos has time and again claimed that football is his favourite sport but has not claimed publically whether he would like to add a National Football League (NFL) team to his establishment.

Despite experiencing expansion quickly under Bezos with massive coverage, the newspaper apparently planned to lose money in 2022 after years of profits as circulation dwindled after the end of the Trump administration.

If Bezos does make a bid for the team, it will be an intriguing test for the Snyders given his tremendous wealth and purchasing power.

Amazon founder Jeff Bezos, who is among the richest people in the world, revealed in November what he ultimately plans to do with his fortune of billions of dollars.

In an interview with American broadcaster CNN, the billionaire said he plans to donate the majority of his wealth to charitable causes within his lifetime.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
World Court Orders Immediate Halt to Israeli Offensive in Gaza
I have a dream, MLK inspiring speech
Understanding FLiRT COVID Variants and Their Impact
Aretha Franklin, Marvis Staples - Oh Happy Day
Baltic NATO Members to Construct 'Drone Wall'
BVI Freedom Song
Global Life Expectancy Dropped By 2 Years Due To COVID-19
Billy Preston - You Can't Beat God Giving (Live)
Macron Halts New Caledonia Voting Reform After Riots
VIRGIN ISLANDS REGGAE CARIBBEAN RIDDIMZ
Rishi Sunak Shelves Rwanda and Smoking Policies Ahead of Election
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
US Refuses World Court Jurisdiction
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
China Conducts Surprise Military Drills Around Taiwan
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
Grim Polls Predict Major Loss for PM Rishi Sunak
Hello Dolly
Rishi Sunak's Campaign for UK Election: Key Issues Highlighted
for KING & COUNTRY - Amen (Reborn) [feat. Lecrae & The WRLDFMS Tony Wi
German Property Crisis Worsens as Foreign Investment Declines
Bob Marley - Get Up Stand Up
Princess of Wales's Taskforce Calls for Business Investment in Early Childhood
Yes He Can
Campaign Groups Condemn UK Report on Protests
What A Friend We Have In Jesus
Former Royal Marine Charged with Espionage Found Dead
Unforgettable
Australian PM Calls for Julian Assange's Freedom
Touch The Hem Of His Garment
ICC Seeks Arrest Warrants for Israeli and Hamas Leaders
The Lord's Prayer
UK's Infected Blood Scandal: Conclusion Nears After Seven Years
THE GOD MOVEMENT...BEAUTIFUL BVI
Julian Assange Granted Right to Challenge US Extradition
Siyahamba
Congo Army Thwarts Attempted Coup Involving Americans and a British Citizen
Ray Charles And The Voices Of Jubilaton, Oh, Happy Day
Ireland's Homeless Gain Voting Rights
Ramblin' Rose
Blinken orders crackdown on Israel-Hamas leaks
Protoje - Who Knows ft. Chronixx
Julian Assange Faces US Extradition: Key Facts
Pressure - Virgin Islands Nice
Jacob Zuma Takes Campaign to ANC Stronghold Soweto
Phil Wickham - House Of The Lord
Attempted Assassination of Slovakia PM Robert Fico: Investigation Ongoing
My God Is Real (Yes, God Is Real)
What Happens If an Iranian President Dies in Office?
The Lion King Circle of Life by LEBO M. — LIVE at the HAVASI Symphonic
Spain Recalls Ambassador After Argentina President's Remarks
Louis Armstrong - When The Saints Go Marching In
Rishi Sunak Faces Cabinet Backlash Over Proposed Changes to Foreign Student Visas
Kanye West Sunday Service - hallelujah, salvation, and glory
Rwanda Denies Entry to Human Rights Researcher
Jonathan Nelson - I Believe (Island Medley
Iranian President Ebrahim Raisi Reportedly Killed in Helicopter Crash
From The Virgin Islands Sqad Up
Blue Origin Resumes Space Tourism with 90-Year-Old Ed Dwight
Common, John Legend - Glory
Rishi Sunak and Wife Akshata Murty Wealthier Than King Charles
Anthony Evans vs. Jesse Campbell - If I Ain't Got You
New Dutch Government Drives Wedge Through EU Liberals
I have a dream, MLK inspiring speech
Iranian President Raisi Missing After Helicopter Goes Down
Aretha Franklin, Marvis Staples - Oh Happy Day
Freemasons and ‘Global War Party’ Accused of Conspiring Against Georgia
BVI Freedom Song
Poland Supports Rolls-Royce's Nuclear Power Plant Initiative
Billy Preston - You Can't Beat God Giving (Live)
European Ports Overflow with Unsold Electric Vehicles
VIRGIN ISLANDS REGGAE CARIBBEAN RIDDIMZ
Esprit Files for Bankruptcy in Europe, Putting Hundreds of Jobs at Risk
Oh Happy Day Edwin Hawkins - Anthony Brown w FBCG Combined Choir
Chevron Halts North Sea Drilling Amid Rising Tax Burden
'Stand by Me' performed by Karen Gibson and The Kingdom Choir
Jeremy Hunt Accused of Exaggerating Conservatives' Economic Record
National Anthem of the British Virgin Islands - Oh, Beautiful Virgin
Victoria Atkins Discusses Historical Gender Bias in the NHS
Hello Dolly
Dublin and Monaghan Bombings 50th Anniversary: Calls for Justice
for KING & COUNTRY - Amen (Reborn) [feat. Lecrae & The WRLDFMS Tony Wi
Rishi Sunak and Akshata Murty’s Wealth Rises to £651 Million
Bob Marley - Get Up Stand Up
New Caledonia Riots Escalate After French Voting Rights Change
Yes He Can
Renters Face Fierce Competition as Listing Times Shrink
What A Friend We Have In Jesus
Surge in Fake Science: 19 journals shut down due to fraudulent papers from 'paper mills'
Unforgettable
Global Birthrates Decline, Raising Economic and Social Concerns
Touch The Hem Of His Garment
Boeing Faces Possible Prosecution Over 737 MAX Settlement Violation
The Lord's Prayer
Prisoner Escapes in France as Two Officers Killed in Van Ambush
THE GOD MOVEMENT...BEAUTIFUL BVI
German Court Rules AfD Can Be Monitored for Extremism
Siyahamba
Jacob Rees-Mogg Criticizes Bank of England’s Inflation Strategy
Ray Charles And The Voices Of Jubilaton, Oh, Happy Day
×