Jeff Bezos is interested in bidding for the NFL’s Washington Commanders, possibly with music mogul Jay-Z as an investor, according to a person familiar with the matter.
Billionaires Dan and Tanya Snyder said that they’re exploring options including a sale of the Commanders, weeks after facing renewed pressure to step down. The team and its owners hired Bank of America Corp to “consider potential transactions”.
Should Mr Bezos enter the bidding for the Commanders and apply his $115 billion personal fortune, it would be hard for others to compete. He’s the world’s fourth-richest person, according to the Bloomberg Billionaires Index.
The Commanders, which last finished with a winning record in 2016, have an estimated value of about $4.8bn, according to Sportico. At that price, it would exceed the $4.65bn that a group led by Rob Walton paid for the NFL’s Denver Broncos earlier this year.
A Commanders representative declined to comment on Mr Bezos’s interest.
Mr Bezos, the founder of Amazon.com Inc, has been on a buying spree in recent years. In early 2020 he agreed to pay $165 million for a Beverly Hills mansion on nine acres, setting a record for a Los Angeles-area home. He also commissioned a 417-foot-long superyacht, which likely cost more than $500m to build and drew scrutiny earlier this year for almost forcing the dismantling of a Dutch bridge.
Jay-Z, whose real name is Shawn Carter, was formerly a minority owner of the NBA’s Brooklyn Nets.
Amazon, meanwhile, is weeks into an 11-year, $13bn deal that makes it the exclusive home of the NFL’s Thursday Night Football. Its first regular-season broadcast drew 13 million viewers to its streaming service, delivering an online audience that rivals traditional TV.
TMZ earlier reported the potential interest, as did the Washington Post, which is owned by Mr Bezos.
• Remittance charges will be tackled by blockchain
• UAE's monumental and risky Mars Mission to inspire future generations, says minister
• Could the UAE drive India's economy?
• News has a bright future and the UAE is at the heart of it
• Architecture is over - here's cybertecture
• The National announces Future of News journalism competition
• Round up: Experts share their visions of the world to come
• Remittance charges will be tackled by blockchain
• UAE's monumental and risky Mars Mission to inspire future generations, says minister
• Could the UAE drive India's economy?
• News has a bright future and the UAE is at the heart of it
• Architecture is over - here's cybertecture
• The National announces Future of News journalism competition
• Round up: Experts share their visions of the world to come
School uniforms report
APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
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Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
War on waste
Killing of Qassem Suleimani
Mina Al Oraibi: Air strike casts a long shadow over the decade ahead
Jack Moore: Why the assassination is such a monumental gamble
Matthew Levitt: Iran retains its ability to launch terror attacks
Damien McElroy: A CEO tasked with spreading Iran's influence
Hussein Ibish: Trump's order on solid constitutional ground
Simon Waldman: Cautious Israel keeping a low profile
Killing of Qassem Suleimani
National Editorial: Suleimani has been killed, now we must de-escalate
Mina Al Oraibi: Air strike casts a long shadow over the decade ahead
Jack Moore: Why the assassination is such a monumental gamble
Matthew Levitt: Iran retains its ability to launch terror attacks
Damien McElroy: A CEO tasked with spreading Iran's influence
Hussein Ibish: Trump's order on solid constitutional ground
Rashmee Roshan Lall: Sound of silence in South Asia
• Remittance charges will be tackled by blockchain
• UAE's monumental and risky Mars Mission to inspire future generations, says minister
• Could the UAE drive India's economy?
• News has a bright future and the UAE is at the heart of it
• Architecture is over - here's cybertecture
• The National announces Future of News journalism competition
• Round up: Experts share their visions of the world to come
LILO & STITCH
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Rating: 4.5/5
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Our commentary on Brexit
- Con Coughlin: Choice of the British people will be vindicated
- Sam Williams: Departure is influenced by its sense of place
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Newcastle United 1
Joselu (11')
Tottenham Hotspur 2
Vertonghen (8'), Alli (18')
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England (311-8): Stokes 89, Morgan 57, Roy 54, Root 51; Ngidi 3-66
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Dr Nawal Al-Hosany: Why more women should be on the frontlines of climate action
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The National Editorial: Is there much to celebrate on International Women's Day 2021?
Justin Thomas: Challenge the notion that 'men are from Mars, women are from Venus'
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National Editorial: Suleimani has been killed, now we must de-escalate
Mina Al Oraibi: Air strike casts a long shadow over the decade ahead
Jack Moore: Why the assassination is such a monumental gamble
Matthew Levitt: Iran retains its ability to launch terror attacks
Damien McElroy: A CEO tasked with spreading Iran's influence
Hussein Ibish: Trump's order on solid constitutional ground
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Company Fact Box
Company name/date started: Abwaab Technologies / September 2019
Founders: Hamdi Tabbaa, co-founder and CEO. Hussein Alsarabi, co-founder and CTO
Based: Amman, Jordan
Sector: Education Technology
Size (employees/revenue): Total team size: 65. Full-time employees: 25. Revenue undisclosed
Stage: early-stage startup
Investors: Adam Tech Ventures, Endure Capital, Equitrust, the World Bank-backed Innovative Startups SMEs Fund, a London investment fund, a number of former and current executives from Uber and Netflix, among others.
