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.

Science & Technology

How AI Revolutionizes Compliance Strategies, Shifting Them From Reactive to Proactive for Global Success

Using AI for compliance is not just an ingenious step — it's also an essential action point for success in today's ever-changing regulatory space.

Growing a Business

4 Huge Reasons Your Brand Values Should Not Change (Even If Laws Do)

One thing remains steady for small businesses: values. You need them, you need to act on them and you need to report on how your values impact others, not just you.

Business News

Barbara Corcoran Says This Is How to Get People to Respond to Your Emails

With this quick trick, email recipients will never be able to get away with saying they didn't see your email again.