Commanders fans want to know, “Who is Steve Apostolopoulos?”
This week, the Commanders received a $6 billion, fully-funded bid from Steve Apostolopoulos.
But who is he?@byajperez writes about the Canadian billionaire — who is "confident" in his efforts to buy the NFL team ⤵️
— Front Office Sports (@FOS) March 31, 2023
A.J. Perez of Front Office Sports did a fine job of introducing us to Apostolopoulos. What follows here is only the short-hand version.
One of Canada’s wealthiest families, Apostolopoulos is a Toronto native. Reports surfaced this week that his bid of $6 billion for the Commanders was fully-funded.
Though the Josh Harris group has also bid nearly $6 billion, Apostolopoulos is confident in his finances and position related to his bid.
Bloomberg reported Apostolopoulos is a Harvard graduate, which was found to be inaccurate, and has since corrected its inaccurate report.
When his father Andreas Apostolopoulos died in 2021, his son Steve was said to be worth $3 billion at the time. Andreas made his money founding a real estate conglomerate, while Steve founded Caary, a business credit card company.
Bank of America, leading the process of the sale of the Commanders, has reportedly vetted Apostolopoulos’ bid.
Jeff Bezos, who has been discussed more than Apostolopoulos and Harris combined, for the record, has yet to submit an official bid for the Commanders.
Apostolopoulos has also been linked to being a potential purchaser of not only the Commanders but also the NBA’s Charlotte Hornets and the NHL’s Ottawa Senators.
