Jay-Z and Jeff Bezos are interested in buying the Washington Commanders together

Has that 1% been confirmed or is this just what the bgol accountants and millionaires assume?

The team is worth $6B. Jay's net worth is slightly over $1B. Jeff Bezos net worth is $114.5B.
Do you think this will be a 50/50 split? :lol:


Jay-Z Is Partnering With Jeff Bezos To Put A Bid On NFL Franchise Valued At $6 Billion
Tomas Kassahun
Sat, November 5, 2022, 10:04 AM·1 min rea

Jay-Z has his eyes set on buying the NFL’s Washington Commanders. The rapper and entrepreneur is partnering with Amazon founder Jeff Bezos to put a bid on the team which is valued at $6 billion, the Financial Times reports.

The Commanders current owner, Dan Snyder, is being forced to sell the team amid financial scandals. The US attorney’s office in the Eastern District of Virginia is investigating the franchise for allegedly withholding revenues due to visiting teams playing in Washington and failing to return deposits for tickets to fans.

Snyder also paid a $10 million fine to the NFL in 2021 after the franchise faced allegations of sexual harassment and other misconduct in the workplace.

“It is now clear that the culture was not what it should be, but I did not realize the extent of the problems, or my role in allowing that culture to develop and continue,” Snyder said in a statement at the time. “I feel great remorse for the people who had difficult, even traumatic, experiences while working here.”

Jay-Z currently runs a sports agency through Roc Nation, representing NFL stars such as Saquon Barkley. Roc Nation has also been working with the NFL to boost the league’s social justice efforts.

Bezos, who also owns the Washington Post, is ready to pay more than $5.5 billion, a source told the Financial Times.
 
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Has that 1% been confirmed or is this just what the bgol accountants and millionaires assume?
Team is worth 6billion. Any one bidding will have to have another 3 billion available just to build a stadium. Thats 9 billion on deck. Jay is worth a self reported estimate of 1 billion (hes probably really worth half that)... He cant afford 2% of that team. He will have to put together an investment group (which im sure will have some cacs in it) just to get a minority stake. A 1-3% estimate interest is more than a generous guess.
 
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