• Wed. Nov 30th, 2022

The report names two huge personalities who could buy a franchise

ByStephanie M. Akbar

Nov 3, 2022

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Washington Commanders would have had some interesting names thrown in the hat when it comes to securing new owners.

The Washington Commanders are going through what could be described as a “transition period” off the field at the moment in regards to many aspects of their franchise as they continue to develop their identity and move away from some issues of the past.

First and perhaps most importantly, they went through their name change period between 2020 and 2022 as they moved away from the Washington Redskins in the light of increased attention which came in the wake of the George Floyd protests, initially going through the Washington football team on a temporary measure before moving to commanders ahead of this current season.

There was also reports last summer noting that they had paid up to $100 million to buy land in Woodbridge, Va., about 35 miles south of their current home of Fedex Field, with the report saying they planned to build a “60,000 – domed stadium of seats…the team’s training facility; an amphitheater that can hold between 15,000 and 20,000 people; a small indoor music arena; high-end retail stores; bars and restaurants and residential living.

A new set of commanders for Washington commanders?

And in the biggest change of all, owner Daniel Snyder recently made it clear that he was considering selling the team, as he stated (via the washington post) “consider potential transactions” related to the team’s future after hiring BofA Securities, a division of Bank of America, which often handles the NFL’s core businesses.

The commanders are according to Forbes is worth up to $5.6 million, so whoever is going to buy them will have to have a lot of money behind them, and it seems that is exactly the case according to reports.

According to TMZrapper and music icon Jay-Z and Amazon owner Jeff Bezos are interested in buying the Washington Commanders, with the report noting that “we’re told a partnership between the men is on the table.”

Photo of rapper Jay-Z by Kevin Winter/Getty Images

It wouldn’t be Jay-Z’s first venture into sports ownership, having owned part of the NBA’s Brooklyn Nets from 2003 to 2013, and being a key part of their move to Barclays Center, and the move would make him the first black man to hold a stake in an NFL team, having almost taken the role last year when he and Bezos were allegedly potential suitors take over the Denver Broncos.

Whether it gets somewhere we’ll just have to wait and see, but it could be a pretty big move in front office circles if it can be pulled off.


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