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.
No sale is expected until the NFL owner’s meeting in March.WANT MORE FROM TOTALPROSPORTS? FOLLOW US ON GOOGLE NEWS.