Both Jeff Bezos and Jay-Z are reportedly looking to buy an NFL team.
The Amazon founder and multi-billionaire has expressed interest in buying The Washington Commanders in a potential joint bid with music industry mogul Jay-Z, Bloomberg and The Washington Post reported Thursday.
Bezos – who has a net worth of $114 billion – has ties to the region, as he owns the Washington Post newspaper and has a residence in the zone.
The deal could be completed just a day after Bezos’ request was reported, The Wall Street Journal shared that the team’s co-owners for the past 23 years, Daniel and Tanya Snyder, hired Bank of America to consider “potential trades” and explore a sale of the team.
The Commanders are worth $5.6 billion, making them the sixth most valuable team in the NFL, according to Forbes.
News of the potential sale comes a few months later details emerged over a 2009 sexual assault allegation against Daniel Snyder.
The potential joint venture is not the billionaire businessmen’s first sporting venture. Earlier this year, Bezos launched a streaming partnership with the NFL.
Jay-Z, former co-owner of the Brooklyn Nets, also represents several NFL athletes under his company, Roc Nation Sports.
The Grammy-winning rapper – who has a net worth of $1.3 billion – has also launched a multi-year partnership with the league in 2019 to produce entertainment for events including Super Bowl halftime, as well as social justice initiatives to build community through football and music.
Earlier this year, the football team announced its new name after 87 years with its old name and two years as the Washington football team. The change came amid a backlash over his original name, which was criticized as offensive to Native Americans.