Tag: Amazon billionaire Jeff Bezos

Washington Commanders and the District reach a settlement

Commanders settle with the District of Columbia on season-ticket lawsuit.

Did Monday provide another clear element of evidence that Washington Commanders Daniel Snyder is indeed selling the franchise?

In summary, the Washington Commanders settled a lawsuit with the District of Columbia attorney general’s office regarding many fans’ ticket deposit money.

Per John Keim of ESPN, the results of this settlement will have the Commanders returning $200,000 to fans of the team who were directly impacted. Secondly, the Commanders will also be paying $425,000 to the city of Washington “to resolve allegations that the team systematically failed to return ticket holders’ deposits and intentionally created barriers for fans to get refunds in violation of district law.”

Snyder and his wife Tanya have cleaned out their offices at the Commanders Ashburn facility evidencing they intend to not return to work. This move to settle the dispute with the District is additional evidence Snyder is ready to move on from the Commanders.

His not appearing at the ceremony retiring the jersey No. 9 of Redskins’ Hall of Fame quarterback Sonny Jurgensen was surprising to many, and looking back became the first evidence that Snyder was ready to go a different direction professionally.

The potential buyers of the Commanders appear to have narrowed to three. Josh Harris with Mitchell Rales and Earvin “Magic” Johnson and others as a majority team. Steve Apostolopoulos, and the ever-possibility of Jeff Bezos swooping in late in the process to make the purchase.

Does today’s move by Snyder exhibit he does not want a legal fight in these last days of ownership? Is Daniel Snyder ready to now sign on the dotted line to sell the Commanders ending his ownership era, which began in 1999?

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Commanders fans, media react to potential end of Dan Snyder era

Washington fans and media reacted to the latest on Dan Snyder Saturday night.

There was some breaking news on Saturday night that Daniel Snyder no longer owns the Washington Commanders!

Then an hour later, we read that this is untrue and premature. What is the truth?

Specifically, the alleged news was that Josh Harris had reportedly purchased the Commanders for $6 billion.

Here are some of the best Twitter reactions on Saturday night, and some are hilarious.

What is Daniel Snyder up to recently as Commanders owner?

What is Dan Snyder really up to?

Is Daniel Snyder really backing out of selling, or might he be attempting to raise the price?

Snyder not appearing for the season finale against Dallas when the greatest ambassador in the history of the Washington Redskins was being honored certainly seized the attention of many. Was it the conclusive sign that Snyder has checked out emotionally?

Sonny Jurgensen was perhaps the most popular player in franchise history, and all he did after playing was broadcast Redskins football for another 38 years. Yet, Snyder did not appear at Jurgensen’s jersey being retired? Nor was there any statement about Snyder being ill or why he was absent.

So if he indeed has checked out emotionally (which frankly he is free to do), what is Snyder up to now with revelations over the weekend that he prevented Jeff Bezos from the process of submitting bids to purchase the Commanders?

These are men with huge egos. Egos that know how to stonewall others, how to increase tension in the buyer’s mind etc. Might this not actually be a matter of Snyder being petty, as has been suggested over the weekend?

Snyder knows he insisted that the team should sell for $7 billion. He is 1.5 billion under that desired bid right now. Wouldn’t Snyder be embarrassed if the Commanders only sold for 5.5 billion?

The demand for this team is not what Snyder expected and desired. That has to be disappointing for Snyder. Secondly, there has not been the several bidders that were suggested, and there was no bid for $6.3 billion as earlier reported.

Perhaps Snyder is simply attempting to drive up the bids of the competitors? Perhaps Snyder is even attempting to drive up the desire of Bezos to purchase, and thus increase the odds that Bezos would increase his bid.

But Snyder does realize better than all of us that a new stadium is needed and that ticket receipts are way down. He, more than all of us, would know if his family is tired and willing to simply walk away from public scrutiny and public hatred of Daniel Snyder.

He might extend this a few more months than anticipated, but isn’t it probable that some fellow NFL owners have made it clear to Snyder that it would be best for Snyder if he were to make the sale?

Speaking of worth, how much would it be worth to Dan and Tanya to simply move out of the DMV, away from the fan base that dislikes him so?

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Commanders owner Daniel Snyder now may not sell?

Dan Snyder reportedly “benched” Jeff Bezos from Commanders’ sale.

Amazon billionaire Jeff Bezos reportedly hired an investment firm to explore a potential bid for the Washington Commanders.

One day later, the New York Post was reporting that current owner Daniel Snyder may not be selling the Commanders after all.

Reports in the process of accepting bids had been that bids had reached $6.3 billion. But the NY Post is now reporting that is not the case at all. They are countering that bids came in under the $6 billion mark. It is no secret Snyder stated he wanted $7 Billion in the purchase.

The NY Post is declaring that 76ers and NJ Devils owner Josh Harris offered a bid of around $5.5 billion, as did a second bidder who, at this time, remains unidentified.

Meanwhile, the NY Post continues that Snyder is still holding a grudge against Bezos for the Washington Post reports of a toxic workplace environment out at the Ashburn facility.

Consequently, it is believed that Snyder has now gone as far as preventing Bezos from entering the bidding for the Commanders, though Bezos is himself reportedly worth more than $100 Billion.

Thus, the bids are disappointingly lower than Snyder’s expectations or demands. Does he actually continue to hold out, refusing to permit Bezos to officially enter the bidding?

Does the NFL counter with a move because they clearly believe the DMV market needs a new owner, as Snyder has definitely lost much of the fanbase in the last decade?

How much is the Commanders’ franchise worth? You actually never learn what something is worth by what people say it is worth. You wait and see what someone actually pays for it with their own money.