Another suitor has entered the mix to buy the Washington Commanders.
Houston Rockets team owner Tilman Fertitta has reportedly submitted a bid to purchase the team, according to the Washington Post. he reportedly offered around $5.5 billion to the Commanders and visited the team’s training facility in Ashburn, Virginia.
That number is actually well below the $7 billion current owner Dan Snyder reportedly wants for his franchise.
Amazon founder Jeff Bezos, who is the third-richest person in the world, is reportedly interested but is said to be banned from placing a bid. Bezos reportedly still hired an investment firm to explore a possible bid. Snyder reportedly has some bad blood with him over articles written about him over the years.
Fertitta bought the Rockets in 2017 for $2.2 billion and has an estimated net worth of $8.1 billion, according to Forbes.
He is well known in Texas for owning Landry’s, a Texas-based dining and hospitality company, and the Golden Nugget Hotel and Casinos. Last year, he was approved to plan a 43-story, 2,420-room hotel-casino in Las Vegas.
Snyder and his wife, Tanya, announced their intention to explore possible transactions around the team when they hired Bank of America in November. It came after a report from the U.S. House Committee on Oversight and Reform implicated Snyder in perpetuating “a toxic workplace culture by ignoring and downplaying sexual misconduct” within the organization.
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No sale is expected until the NFL owner’s meeting in March.
