The Washington Commanders football team is up for sale, and the sports world is buzzing with excitement as reports surface about potential bidders. One name that has caught everyone’s attention is Josh Harris, the billionaire owner of several top-tier sports franchises, including the New Jersey Devils, the Philadelphia 76ers, and Crystal Palace FC.
According to reports, Dan and Tanya Snyder have hired Bank of America Securities to explore a partial or full sale of the team. Despite widespread speculation about potential bidders, Josh Harris is the first to be directly linked to the Commanders. In a recent article by Ben Standig and Daniel Kaplan from The Athletic, Harris was reported to have toured the team’s headquarters in Ashburn, Virginia, solidifying his position as a serious contender for the team’s ownership.
Early indications of interest with indicative price points were accepted in late December, with the highest reportedly reaching $6.3 billion, short of the $7 billion the Snyders are said to be seeking. Nevertheless, the first round of bidding is far from over, with the deadline expected to be in a few weeks.
One wild card in the mix is Jeff Bezos, the founder of Amazon, who has been rumored to be bidding for the team. While he has not yet submitted an expression of interest or a bid, there have been reports suggesting that he might be waiting to step in later in the process and make an offer that Dan Snyder might not be able to turn down if other bids fall short.
The bidding process for the Washington Commanders is shaping up to be an exciting and high-stakes affair, attracting the attention of not just sports fans but also business and finance circles. With several top-tier bidders and a few weeks left for others to enter the fray, the outcome remains anyone’s guess. Whether Josh Harris or Jeff Bezos will emerge as the new owner of the Washington Commanders remains to be seen, but one thing is for sure, the world of sports is eagerly waiting to find out.