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Are efforts to sell the Washington Commanders not going well?

February 12, 2023 by Redskins Wire

NY Post has a free newsletter called On The Money. The top item is an exclusive on how efforts to sell the Washington Commanders aren’t going well – and some are hoping Jeff Bezos will deliver a game-saving play. Sign up here. Also in paper tomorrow. https://t.co/bf5mK86roQ

— Josh Kosman (@joshkosman) February 9, 2023

News that absolutely no Washington Commanders fans want to hear. Kosman of the New York Post appeared on the “Kevin Sheehan Show” podcast Friday. Here are some of his top quotes. Here is the entire podcast.

“Dan Snyder has a $6 billion minimum price, and there are two suitors. Josh Harris, who owns the Philadelphia 76ers, and a mystery bidder… both are having a very hard time getting to $6 billion.”

“Both parties are scrambling for co-investors. Both might not believe, from what I understand, that the team is worth $6 billion.”

“If you think about it, the Denver Broncos were sold last year for $4.65 billion. Why should Washington be worth $6 billion when you probably also need to build a new stadium which will include some private financing.”

“There is a possibility Snyder sets us up for failure; he never wanted to sell anyway. He set a number that he didn’t think anyone would reach, and then he says two months from now, ‘I couldn’t find an adequate buyer; I am keeping the team.”

“They need co-investors who are willing to be minority partners and take significant interest because $3.5 billion is a lot of money.”

“For the last five years, Bezos has let it be known that he would like to buy an NFL team. Of course, the NFL would love Bezos. He is worth $100 billion-plus, loves football. He has made it clear he wanted one of two teams, either Washington or Seattle.”

“Bezos lifts every other NFL owners value; he is very dedicated to football, the NFL loves what Bezos (Amazon) is doing, Amazon is paying 100 billion dollars for Thursday night football, and he would probably be a very active owner who would help the NFL move toward streaming more broadcasts.”

“The NFL owner’s meetings are on March 26, and they will want a resolution by then. I believe I know ( I am very confident) the process is not going as well as Bank of America wants.”

“My gut (not knowledge) is when we get to late March; he will try to hold on. He will try to hold on to the team, and then we will see where this goes.”

 

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