Ending Soon! Save 33% on All Access

Jeff Bezos and Jay-Z Might Buy an NFL Team Together The joint venture wouldn't be the billionaire businessmen's first sports-related endeavor.

By Amanda Breen

Patrick McDermott | Getty Images

The Washington Commanders might have a new owner — or two — in the near future.

Billionaire businessmen Jeff Bezos and Jay-Z are discussing a possible joint bid on the NFL team, two sources with knowledge on the matter told CNN.

Related: Washington Redskins to Change Official Name After Years of Protests

The Amazon founder's interest in purchasing the team dates back to 2019, per CBS.

And it looks like husband and wife co-owners of 23 years Dan and Tanya Snyder might finally be ready to sell. Earlier this week, The Wall Street Journal reported that the Snyders have hired Bank of America to consider "potential transactions."

Both Bezos and Jay-Z have connections to the sports industry. Bezos began a successful streaming partnership with the NFL earlier this year; Jay-Z was formerly co-owner of the Brooklyn Nets, and his company, Roc Nation Sports, represents several NFL athletes.

According to Forbes, the Commanders are worth $5.6 billion, making them the sixth most valuable team in the NFL.

Related: Jeff Bezos Is Reportedly Looking to Buy an NFL Team

News of the potential sale comes amid an investigation into numerous allegations of sexual harassment leveled against team executives and Dan Snyder himself, and financial malfeasance.

Amanda Breen

Entrepreneur Staff

Senior Features Writer

Amanda Breen is a senior features writer at Entrepreneur.com. She is a graduate of Barnard College and received an MFA in writing at Columbia University, where she was a news fellow for the School of the Arts.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

TikTok Reportedly Laid Off a 'Large Percentage' of Employees as the App's Fate in the U.S. Remains Unclear

Laid-off TikTok employees were notified Wednesday night through Thursday morning.

Business News

More People Are Exploring Entrepreneurship Because of This Unexpected Reason

More new business applications were filed in 2023 than in any other year so far.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Personal Finance

This Investment Bundle Includes a Trading Course and Stock Screener Tool for $150

Approach the stock market with an increased understanding.

Leadership

8 Subtle Hints that People Don't Respect You — and How to Fix Them

While you have to earn respect, you don't have to deal with disrespect in the meantime.