All is quiet regarding news of a potential sale of the Washington Commanders. Last month, the first round of bids for the Commanders were due, but nothing was revealed regarding who put in a bid. However, while names weren’t disclosed, there were some impressive bids for the Commanders.
Scott Abraham of ABC 7 in Washington says one of those names is Bethesda native Todd Boehly. Boehly was on the initial list of prospective bidders back in November when it was initially announced that owner Daniel Snyder was exploring potential transactions with the team.
In addition to being a Maryland native, Boehly has deep ties to the sporting world. Boehly is part owner of the Los Angeles Dodgers, Los Angeles Lakers and the WNBA’s Los Angeles Sparks. Last year, the 49-year-old led a group that purchased the Chelsea Football Club of the Premier League.
Boehly was a member of the Forbes 400 list in 2022 with a value of $5.3 billion.
Outside of sports endeavors, Boehly co-founded the holding company Eldridge in 2015. Boehly has also invested in multiple companies and sits on the board of several organizations.
Boehly partnered with Clearlake Capital in their purchase of Chelsea. The interesting aspect of that partnership is Clearlake Capital has also been rumored to be interested in the Commanders. Behdad Eghbali and José Feliciano, co-owners of Clearlake Capital, attempted to buy a minority share of the Commanders for $900 from Snyder’s former partners, which he rejected.
Clearlake Capital also attempted to buy the Denver Broncos last summer. It isn’t known if they were among the first round of bids for the Commanders.
The Commanders are expected to be sold for $7 billion or more.
Get to know the name Todd Boehly.
Sources have told me that Boehly is making a very strong push to buy the Washington @Commanders.
This is his hometown team. Boehly was raised in Bethesda…attended the @landonschool.
He is the co-owner of Chelsea, Dodgers & LA Sparks. pic.twitter.com/sS9ux2AzqR
— Scott Abraham (@Scott7news) January 13, 2023
