According to various individuals who spoke with NBC Sports Washington, the sale of the Commanders “will shortly conclude.” As three potential Washington Commanders buyers emerge.
How soon? Uncertain, and while the NFL may want small news headlines during its playoffs, a decision will announce as early as March.
The league holds its annual meeting toward the end of March. However, the new league year begins on March 15 at 4:00 p.m. Ideally, a new owner would be in place before that date. Allowing Washington to strike the ground running during free agency.
Potential Washington Commanders Buyers
There is also news involving the founder of Amazon, Jeff Bezos.
Earlier reports indicated that he was the frontrunner to purchase the Commanders, but it now appears he is not. Sources informed NBC Sports Washington that Bezos did not submit an official offer for the Commanders when proposals were due before Christmas. Front Office Sports was the first to break the story.
It does not necessarily preclude a future offer from Bezos. According to various sources, Dan and Tanya Snyder desire to keep their franchise a secret from the creator of Amazon.
Nonetheless, Bezos possesses vast money that no other Commanders ownership group can match. According to specific experts, a Bezos acquisition should not be ruled out until a sale to another group is finalized.
Some league insiders speculate that Bezos is probing about purchasing the Seattle Seahawks if or when the team becomes available. Since Paul Allen’s passing in October 2018, his sister Jody Allen has assumed company control. In a statement released in July, she stated that no sale was imminent. And liquidating a large estate like her brother’s may take “ten to twenty years.”
Multiple sources indicate that Todd Boehly has withdrawn from the bidding process for the Commander.
As a graduate of the Landon School in Bethesda, Maryland, and an avid professional sports owner, Boehly was thought to be among the non-Bezos frontrunners for the team.
It leaves Josh Harris, a native of Washington, D.C., and the owner of the Philadelphia 76ers and New Jersey Devils, as the most likely contender to purchase the Commanders.
Pro Football Talk stated in May that a company led by Harris was willing to spend $5 billion for the Denver Broncos. But decided to avoid competing with the eventual owners, the Walton-Penner Group. This group was supported by Walmart money. The Harris group decided to concentrate on the next potential NFL ownership chance.
The league approved the Broncos’ sale in August. On November 2, the Commanders announced that the Snyder family would “explore prospective deals.”
Moreover, considering a return to the RFK Stadium grounds in Washington is a distinct possibility among the remaining ownership candidates. Some ownership groups believe the Commanders might construct a viable practice facility on the current stadium location and return to the city to play games.
If the team moved its offices, its present practice facility, the OrthoVirginia Training Center at Commanders Park in Ashburn, Virginia, could fetch a significant price. This site is close to a considerable fiber line essential for global computing and near several important data centers.
The organization has previously stated that Maryland, Virginia, and Washington, D.C., are all candidates for a new stadium. There have been times when each jurisdiction is making significant headway.
A Commander’s representative declined to comment on any possible transaction of potential Washington Commanders buyers.
According to rumors, Washington Commanders owner Dan Snyder has agreed to sell the NFL franchise to a company formed by Harris Blitzer Sports & Entertainment (HBSE) founder and managing partner Josh Harris.
At least 24 of the NFL’s 32 franchise owners would have to approve the deal. According to Sportico, the $6 billion sale of the Washington Commanders from owner Daniel Snyder to Josh Harris and his firm took another step forward on Monday, and the NFL got the transaction details. The transaction will be the most expensive sale in NFL history. The Walton-Penner group set the previous record last year by purchasing the Denver Broncos for $4.65 billion.
Snyder and Harris submitted an agreement to the NFL for approval, and they anticipate completing or signing the Commanders’ contract in the coming days.