Brian Davis discussed his bid to buy the Commanders, where he’s getting the money from, and everything involved in the process in part one of a more than 30-minute interview with The Sports Junkies on Wednesday.
But when they came back from break for a second segment from Davis, this was the hot topic immediately touched on: why, if you search for any of Davis’ companies, including Urban Echo Energy, do you find a bunch of shells but nothing on the web?
“What I did was, I learned from the Durham experience. I’m married for 23 years and have three sons, two at Duke right now, and I learned from my past,” Davis said. “I created special purchase vehicles for each deal and made them new companies. For this cash advancement, I created Urban Echo Energy so it wouldn’t have a history. I didn’t want my investors exposed to anything that happened years ago. So, I’ve created about nine different LLCs where I have 100 percent controlling interest so I can keep it simple, and I don’t have a website or market because I’ve been focused on getting the capital in – and this is where I talked about the intellectual property. That’s my capacity to build a business model where investors can legitimately see how they get return on their investment over the years. It hasn’t happened yet because I’ve been trying to develop something that has transformative impact.”
The Junkies were a little curious about it all, and when the conversation turned to trying to imagine a world in which this bid is accepted, EB chimed in about it not meeting the NFL requirements because he’s fronting money for others – and that’s where Davis further tried to explain his worth.
“There’s no end-around for requirements, I have 100 percent,” Davis said. “That means you can have other investors. These guys with the Magic Johnson group have 20 different investors, so they have to do 20 different background checks. I have one investor: me. It’s my money because I’ve sold my intellectual property, they are my partners because they don’t want me to have the issues these guys will have with 20 different owners. This is my Redemption Song, I’m hoops Bob Marley!”
So let’s say it happens and he buys the Commanders – he already revealed plans for revamping FedEx Field earlier in the interview, but then doubled down on staying in Maryland when the Junkies pressed about a possible new stadium in DC.
“I want (County Executive) Angela Alsobrooks to do well because she’s a great woman, and we need to support black people in Prince George’s County because we don’t need to take all that affluence and wealth elsewhere,” Davis said. “The people who paid for this stadium are the people of Prince George’s County, they spent $1 billion, so I think it’s inappropriate to take away the stadium from black people and take it to people who are just politicians, guys who don’t live in DC and aren’t black or don’t represent black people if they are.”
But what would Davis change, on and off the field?
“The name is something we would change, and I’d love to bring the uniforms back to the old staple and change the name back to something more positive,” he said. “On the field, I know we have great coaches, and in regards for the team, we have an incredible amount of talent, so we wouldn’t change much, but we would have conversations about how to market the team, get more community engagement, and get more women involved in the franchise.”
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That all depends on the NFL accepting his bid, which is something he’s confident in – and he’s ready to be a positive force for change in both the NFL and the community.
“I believe that the owners in the NFL have great character and integrity, and they want to see change in the league and America – and all I’m trying to be is be a small catalyst for that,” Davis said. “I’m extremely humble and honored to have the opportunity, but I believe our country needs to elevate, and I’m trying to bring people together. I’m not buying the team, we’re buying the team – everyone in this community is a stakeholder, and I want to bring some love and uplift back to my community. I want to be an example of someone people can love. If we can share that message to the people of the DMV and ignite a beautiful fire, we can have something special. I want to make this about love, because there’s too much negativity going on, and this is how I can empower my people.”
And no, don’t believe the thought that if he doesn’t get the team, he plans to sue the league or anyone else over it.
“That’s ridiculous. The last thing I’d want to do is hurt the team, the league, or anyone else,” Davis said. “What I’m trying to do is make a contribution, and what I want them to do is accept the capital so we can do something collaborative. I’ve been sued, but I’ve never sued anyone, and I don’t want to get into the negative. I like to uplift, and I think there’s no better representative for black ownership than me.”
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Davis hopes that Bank of America can be in a position to say his offer is funded within the next couple days, so we may know more by the time the weekend comes around.
He spent more than 30 minutes with the Junkies on this whole situation, so listen to it all above!
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