Jeff Bezos is teaming up with music mogul Jay-Z to acquire the Washington Commanders in a bid that could value the National Football League team at up to $6bn, said two people briefed about the matter.
The founder of Amazon and owner of the Washington Post newspaper is the frontrunner to buy the team as existing owner Dan Snyder has been forced to sell after being engulfed in a financial scandal. Two people said Bezos was ready to pay more than $5.5bn.
Josh Harris, the billionaire private equity executive who left Apollo last year after a messy succession battle, is also competing to buy the team formerly known as the Redskins before Snyder came under pressure to change its racially insensitive branding, those people said.
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