The Washington Commanders only have two bidders remaining in owner Dan Snyder's effort to sell the team, according to a report from the New York Post.
According to The Post's Josh Kosman — in a story with the lede, 'Efforts to sell the Washington Commanders aren't going well – and some NFL insiders are hoping that Jeff Bezos will deliver a game-saving play.' — The Post describes that a pair of prospective buyers have met the $6 billion asking price by Snyder, but it's unclear at present time whether those buyers will keep their bids at the same price by the final bidding round.
Josh Harris, owner of the Philadelphia 76ers and New Jersey Devils, is among the final bidders, according to the report, while another "mystery buyer" has also submitted a bid.
"They are struggling and there are only two buyers left," a source told The Post. "They bid $6 billion each but don't have the money yet."
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The report seems to indicate that Snyder might have overplayed his hand, potentially dealing with a bidder with the wealth of Amazon founder Jeff Bezos (though the other bidder remains unidentified), who has already been through the process previously — and is now familiar with it — in a reported effort to buy the Denver Broncos in 2021.
According to The Post: "I think when they realize they can't get to $6 billion they'll say to Jeff Bezos, 'It's yours for $6 billion,'" the source said, reckoning that the two current bidders may end up with offers closer to $5 billion in the final round."
The report also indicates that Snyder's advisor, Bank of America, expects an update from potential buyers by Wednesday, Feb. 15, with the goal being to have an agreement in place by the start of the NFL owners' meetings on March 26.
One might be wise to assume there is a lot of high-powered PR at play here, from billionaires trying to secure the best deal from billionaires.
Read the full report in the New York Post.
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