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 Nov 4, 2022

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.

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.

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.

Most Popular

See all

Business News

AI Is Going to 'Replace Everybody' in Several Fields, According to the 'Godfather of AI.' Here's Who He Says Should Be 'Terrified.'

Geoffrey Hinton, called the "Godfather of AI" due to his pioneering work on AI, says some fields face a heavier risk of replacement due to automation.

By Sherin Shibu

Growing a Business

Selling as a Founder Is Brutal — It Was Also the Reason We Reached $400M in Revenue

Selling is one of the hardest parts of building a startup, but arguably the most important. This piece shares hard-won, tactical lessons from my early days, offering a blueprint for founders navigating the messy reality of doing sales with no team, no leads and no playbook.

By Zain Jaffer