Jeff Bezos Washington Commanders: Jeff Bezos says The Washington Submit will not be up on the market

Amazon founder and The Washington Submit proprietor Jeff Bezos has denied stories of promoting the American each day.

The New York Submit had earlier reported that Bezos was in talks to promote The Washington Submit to purchase the soccer staff Washington Commanders. Nonetheless, a spokesperson for Bezos mentioned the Washington Submit will not be on the market. A spokesperson for the journal — the proprietor of which, Information Corp, additionally owns the New York Submit, additionally said the paper will not be on the market.

Bezos in November 2022 advised CNN solely that he was conscious of the excitement surrounding the same report earlier.

“Sure, I’ve heard that buzz,” he mentioned. Bezos identified that he “grew up in Houston, Texas, and I performed soccer rising up as a child. It’s my favourite sport,” he mentioned within the interview. “So we’ll simply have to attend and see.”

Notably, Bezos purchased the Washington Submit in 2013 for USD 250 million. New York Submit reported that Bezos is ‘trying to clear the way in which’ to get the Commanders from embattled proprietor Dan Snyder.

Reportedly, the Commanders, who’ve received three Tremendous Bowls, lifting the Lombardi Trophy in 1983, 1988 and 1992, are seen by their potential buyers as a sleeping big franchise in a significant market.

In accordance with stories, Bezos is going through hassle as a result of the struggling proprietor of the Commanders, Dan Snyder, remains to be indignant in regards to the illustrious newspaper’s sequence of exposes exposing a toxic administration tradition on the staff, the place bosses together with Snyder are allegedly accountable for enabling sexual harassment.

In the meantime, Entrance Workplace Sports activities, a multiplatform media model that covers the affect of sports activities on enterprise and tradition reported that Financial institution of America, employed by Snyder to public sale the Commanders, “continues to courtroom Bezos — even when there are indications that Snyder would not need to promote” to the Amazon founder, New York Submit reported.

The Commanders apparently accepted first-round bids from potential consumers final week, however Bezos, who supposedly has been in negotiations with Jay-Z to type a buyout partnership, wasn’t one in all them.

Bezos has publicly said that proudly owning a newspaper was by no means his aim. With the intention to guarantee monetary stability and spur on-line enlargement, Bezos was persuaded to buy the Submit by its former proprietor Donald Graham in 2013.

Furthermore, Bezos has again and again claimed that soccer is his favorite sport however has not claimed publically whether or not he want to add a Nationwide Soccer League (NFL) staff to his institution.

Regardless of experiencing enlargement shortly beneath Bezos with large protection, the newspaper apparently deliberate to lose cash in 2022 after years of earnings as circulation dwindled after the tip of the Trump administration.

If Bezos does make a bid for the staff, it is going to be an intriguing check for the Snyders given his super wealth and buying energy.

Amazon founder Jeff Bezos, who’s among the many richest individuals on the planet, revealed in November what he in the end plans to do along with his fortune of billions of {dollars}.

In an interview with American broadcaster CNN, the billionaire mentioned he plans to donate nearly all of his wealth to charitable causes inside his lifetime.

(With company inputs)

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