The Washington Commanders are for sale and could fetch as much as $7 billion, according to Jay Glazer of FOX Sports.
Forbes broke the story last week that Washington owner Daniel Snyder was “exploring” a potential team sale. It wasn’t specific as to whether it was a complete sale or a minority stake in the franchise to raise some capital.
The Commanders released a statement shortly after the Forbes report, stating they were exploring “potential transactions.”
Regardless, the potential buyers are already lining up, with Byron Allen expecting to make a bid. And, unsurprisingly, Jeff Bezos is also reportedly interested.
There will be others.
And the sale of Washington could happen soon.
“The other interesting part is the timeline,” Glazer said. “This is not going to be a long, drawn-out process. I’m told the hope is to have this done within the next six months and actually have it finalized by the NFL owner’s meetings next March.”
What are the Commanders expected to sell for and when will the sale be finalized?@JayGlazer has the latest for us ⬇️ pic.twitter.com/VOjuSHB1Ua
— FOX Sports: NFL (@NFLonFOX) November 6, 2022
The Commanders are hosting the Minnesota Vikings in Week 9 at FedEx Field.
