Billionaire Rapper Jay-Z Set to Co-own This NFL Franchise but His Co-owner Is 100X Richer Than Him - EssentiallySportsAmerica's Favorites Trending in U.S.A.
Billionaire Rapper Jay-Z Set to Co-own This NFL Franchise but His Co-owner Is 100X Richer Than Him
Published 11/04/2022, 1:36 PM EDTBy NEW YORK, NY – JANUARY 23: Shawn “Jay-Z” Carter speaks onstage during the launch of The Reform Alliance at John Jay College on January 23, 2019 in New York City. (Photo by Nicholas Hunt/Getty Images for The Reform Alliance) The Washing Commanders are for sale, and the front runners to acquire the franchise are none other than two of the most successful men in America. The Amazon founder Jeff Bezos and the Rap mogul Jay Z are reportedly joining hands with a partnership deal to acquire the NFL team. And guess what? The Commanders might become one of the most expensive franchises. ADVERTISEMENT Article continues below this ad Last time, back in June, the Broncos made lots of noise while being listed for sale. The billionaire heir to Walmart, Rob Walton, wrapped up the deal for a whopping $4.6 billion. ADVERTISEMENT Article continues below this ad But this time, according to various reports, Jay-Z and Bezos have put forward a lucrative bid of , making it one of the most expensive acquisitions in NFL history. In fact, Bezos was ready to spend more than $5.5 Billion alone. However, Jay-Z’s involvement with minority ownership would help the duo go long in the bidding war. Only once in a blue do these NFL teams get listed for sale. And it seems the Billionaires don’t want to let this chance slide away. Especially the Rapper, who had earlier spoken about his interest in acquiring an NFL team. Jeff Bezos, who owns a conglomerate, boasts a net wealth of $113 Billion. While Jay-Z’s $1.6 Billion makes them the perfect sharks to engage in talks. Well, this announcement comes days after the current owner Dan Snyder got involved in a series of alleged misconducts. At the same time, impropriety in revenue management. “Dan and Tanya Snyder and the Washington Commanders announced today that they have hired BofA Securities to consider potential transactions,” the statement read, via . “The Snyders remain committed to the team, all of its employees, and its countless fans to putting the best product on the field and continuing the work to set the gold standard for workplaces in the NFL.” It added. Although the management mentioned that they have been evaluating the bids, there hasn’t been any confirmation of a full sale of the Commanders. Snyder took full ownership of this franchise in 1999. Do any other connections Jay-Z and Jeff Bezos have with the NFL
ADVERTISEMENT Article continues below this ad The World’s fourth richest man, Jeff Bezos, is on the run to expand his business from e-commerce to broadcasting live games. Earlier this year, his company, Amazon Prime, inked an 11-year, $11 Billion to acquire the broadcasting rights for Thursday Night Football. Meanwhile, the multiple times’ Grammy winner Jay-Z is known for diversifying his portfolio. He had earlier owned a piece of the NBA team, Brooklyn Nets. Back in 2019, the star with the NFL to plan the Super Bowl halftime shows and serves as a live music entertainment strategist for the fraternity. ADVERTISEMENT Article continues below this ad As a result, he holds a strong connection with the NFL Commissioner, Roger Goodell. Further updates on the matter have yet to arrive. In the coming days, fans will get more clarity on the acquisition. Watch This Story: SHARE THIS ARTICLE
ADVERTISEMENT Deepesh Nair 807 articlesDeepesh Nair is an NFL author at EssentiallySports. Having started his career in journalism as a trending news writer, he has published around 500 articles for various media portals. Although Deepesh comes from a Computer Science background, his fondness for writing has persuaded him to create his career in it.Please enable JavaScript to view the ADVERTISEMENT ADVERTISEMENT EDITORS' PICK
More from ES
Connect With Us
General
Legal
Full Spectrum Services LLP 2022 All Rights Reserved