Jeff Bezos and Jay-Z are both billionaires. According to media reports, they now want to join forces to enter into a joint venture. The reason is a sporting one: It’s about the purchase of the NFL team Washington Commanders.
According to media reports, Amazon founder Jeff Bezos and musician Jay-Z are said to be interested in buying the NFL team Washington Commanders. According to the US broadcaster CNN, both have spoken to each other to enter into a joint venture.
The team that Jeff Bezos and Jay-Z rely on is said to be worth $5.6 billion
Dan Snyder, the current owner of the Commanders, and his wife Tanya have reportedly hired Bank of America Securities to review potential offers. The business magazine “Forbes” estimates the value of the NFL team at 5.6 billion dollars.
The Commanders have been repeatedly criticized in recent months for being accused of having a toxic work culture. After an investigation, the NFL team had to pay a fine of ten million US dollars last year. Most recently, the owner of the Indianapol Colts, Jim Irsay, had campaigned for the Commanders to be sold.
Jay-Z wouldn’t be buying shares in a US sports team for the first time. By 2013, the musician was a part owner of the Brooklyn Nets basketball team.
Source: Stern
I have been working in the news industry for over 6 years, first as a reporter and now as an editor. I have covered politics extensively, and my work has appeared in major newspapers and online news outlets around the world. In addition to my writing, I also contribute regularly to 24 Hours World.