Well
that news initially came from people.com
yesterday later confirmed by The Washington Post.
Jeff Bezos looking into buying the Commander's potentially
partnering with Jay-Z Byron Allen. Who tried to buy
the Broncos
reportedly in the mix as well. Now look,
I just don't think Byron Allen
has the financial ability
to by 30% of a five. Million dollar asset, you need one and
a half billion that you can literally write the check for
that. You have cash on hand plus enough left over to run
the team, the finance committee
reviews. The overall Financial wherewithal of a potential
buyer and approves or disapproves, but
there are going to be some multi. Multi multi billionaires
ready to try to buy this team and if Bezos wants it,
Peter, here's a fun fact.
David Tepper
earlier this year was the wealthiest NFL owner at a net
worth of 170 or no
of 17 billion. 17 billion was Tapper
then comes Rob Walton the new Broncos owner at 70
billion. Here Comes Bezos at Tepper
plus 100 billion.
So there's going to be some guys out there that can
that can not even bat an eye
to The commanders if they decide to get into the chase
for Dan Snyder's team.
Mike, you know, there's a reason why
Robert Kraft has been so friendly.
So
you know,
kind of so willing and so wanting to build a great
relationship with Jeff Bezos.
There's a reason why the NFL was so aggressive in pursuing
Amazon
as the streaming partner for Thursday night.
Right. It's not only because Amazon is huge
and because the future is far different than it was. When
ESPN got involved in cable TV,
it is a very simple reason and a very simple fact of life in
the NFL
NFL owners, like the richest men in the world, they just do.
And when there is one out there
who has some interest,
In joining your Club. In some way
the welcome mat goes out. And the welcome mat goes out so
aggressively that it's just logical to think that the NFL
would want Jeff Bezos
to buy the team who
and he already owns the biggest newspaper in that market. The
Washington Post
who by the way, Dan Snyder has been at war with almost since
he bought the Team that's not a good thing.
You know, for the NFL for the owner of the franchise there,
for a generation to have used the Washington Post like
you know
you know a Matt walking into your house and wiping your feet
on and that's really the way Daniel Snyder. Is treated The
Washington Post
and and all I'm saying is
this makes the most sense
of any
ownership for any team. I think that, you know, since I have
covered the NFL,
every it's always about the guy who's got the most money,
this is more purposeful
than the guy who only has the most money. It's a guy who
already is in business
with the NFL and they love them. So I
I don't I don't know enough about it right now. Mike to say
that it's Jeff Bezos is team to lose, I didn't even know if he
definitely Lee is wants to be aggressive to buy this team,
but he clearly is a guy who the NFL would love
to come and rescue this franchise.
There will be others who get involved names, were not aware
of yet. This is an opportunity. For some really rich people to
add Fame to their wealth and is
a wise, man, once told me, and I've said it four times this
week already on the show. The only thing better than being
rich and famous as being rich. Some people find that out
the hard way, but Josh Heiress
who made a bid for the Broncos and would have paid. We
reported this summer, five billion if he knew five billion
would have sealed the deal. But the concern was he offers five
and
the Walmart Clan offers 51 and he goes to 52 and the Walmart.
People go to 53. So he just tapped out. He wasn't going to
put five on the table. If it couldn't get in the team.
Bottom line is dancing are just getting at least five, Dan
Snyder is taking his 750 million dollar original
investment and he's turning it into at least
5 million if five billion. In if not six billion by the time,
it's all said and done and Peter.
There's been so much speculation
theories floating around
about why the announcement came out of the blue on Wednesday,
that an investment bank has been hired to help
find a buyer. It's no different than listing your house
with a real estate company. That's what the Snyder's are
doing with this team. Ben Fisher of sports Business
Journal reported last night, that, the explanation is fairly
simple owners.
Went to Snyder and told him, it's time,
owners went to the commissioner and told him
it's time. That while Jim irsay is saying it publicly, there
was enough of them behind the scenes
sending the message privately
to get Schneider. And I'm amazed I'm amazed because
I never thought he would go along with it but I'm amazed he he's
listening. And now
the team's for say I know there's some people out there
that are afraid that this is just some kind of a ruse by
Schneider to take heat out. Follow him.
He can't walk this back. The reaction has been. So
overwhelmingly positive to the idea that he's out. There's no
way he can put that toothpaste back in the tube.
No, this is I will be very surprised. And and everybody
has said, well, wait a minute,
what about him taking on a minority owner to
let me just ask you a question
about taking on a minority owner or two.
Who in their right mind
would pay a billion dollars.
To be a minority owner
to Daniel Snyder. Who would do that?
Is there anybody? Is there any bank in the world
that would say, hey I got a good investment possibility for
you.
I want you to invest, and to let Dan Snyder, be your boss.
That is really the way to go in 2023. Let's do that.
It's insane. So, to me, I don't See how this
does not end with Daniel Snyder selling this franchise
and my
I find it totally hilarious that Daniel Snyder who once
said you can put it in capital letters
that I will never
change the name of the team. It will always be the Washington
Redskins. And I find it hilarious that just three or
four weeks ago
that the team issued a statement that basically said
Absolutely categorically that the team will not be sold.
Okay, and so, what's happening right now,
they're in discussions to sell the team or to sell part of it,
but I think you and I both believe that it's not going to
be
part of it.
Now, it's not going to be part of it, even if you had a path
to control as part of your agreement, to become a limited
partner with Dan Snyder, you can't trust that he's going to
honor it, you just can't based upon
a well-earned. Mutation of being very litigious. And now
you've got these other issues out there and investigations.
Can you really trust
that? He's going to honor the terms of that agreement. If you
plunk down a billion now and maybe four billion later, no
he's going to sell it all. And
the real question is, we have to take a break? But the real
question is, if he sells it fast enough, does all this
other stuff
go away, that's something to keep an eye on as time goes by
time has gone by very quickly. When we return, show me
something,
Or week, 9 guaranteed to have no Daniel Jones
because the Giants are on a buy more PFT live right after this.
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