3 primary factors that finally caused Dan Snyder to sell the Commanders
By Dean Jones
Jeff Bezos didn’t bid on the Commanders
While the two official bids have been sitting on the table for some time, it was all quiet on the western front with Dan Snyder. Something that led many to believe the owner was waiting on a better offer from somewhere else before giving the green light.
Snyder was possibly looking in the direction of Jeff Bezos, one of the world’s richest men who hired a New York-based investment firm to investigate the possibility. While there was an initial reluctance to entertain the Amazon founder, money talks, and if a larger bid arrived, the Washington Commanders would be in different hands.
As it turned out, he opted not to throw his hat into the ring. A.J. Perez from Front Office Sports broke the story, indicating that Bezos felt he was being used as a bargaining chip to drive the price up.
"“Bezos hired the sports banking firm Allen & Company to explore a bid for the team in February, and reps for the firm have monitored the bidding process in the weeks since. Ultimately, the world’s third-richest person decided not to bid on the Commanders. There’s a feeling within Bezos’ camp that he has been used to push the bidding by others in the franchise to a higher level, the source said.”"
It’s no coincidence that not 24 hours after, Snyder agreed to accept one of the bids. This was his last remaining chance to extract more for the Commanders before sailing off on his superyacht, which is a satisfaction Bezos was unwilling to provide.