Connect with us

Published

on

close video Jeff Bezos’ possible Commanders bid could make Dan Snyder the $6 billion man

FOX Business’ Charlie Gasparino reports billionaire Jeff Bezos could be eyeing the NFL’s Washington Commanders on ‘The Claman Countdown.’

Dan Snyder, the embattled owner of the Washington Commanders, bought the NFL team in 1999 for a then-record of $800 million. He and his advisers are now confident he can sell it for $6 billion or possibly more, people with direct knowledge of the matter tell Fox Business.

The reason? Jeff Bezos.

JEFF BEZOS THE FAVORITE WITH DAN SNYDER'S FIRM $6 BILLION WASHINGTON COMMANDERS ASK

 As Fox Business was first to report, Bezos, the Amazon founder worth $125 billion, is not being summarily rejected by Snyder as a bidder for the famed sports franchise (formerly known as the Washington Redskins) despite media reports to the contrary. In fact, people close to Snyder have reached out to Bezos' reps, saying the rumors of bad blood are way overblown. Snyder would welcome a Bezos bid, people with direct knowledge of the matter say. 

Team co-owners Dan and Tanya Snyder pose for a photo with former team members during the announcement of the Washington Football Team’s name change to the Washington Commanders at FedExField in Landover, Maryland, on Feb. 2, 2022. (Rob Carr/Getty Images / Getty Images)

It is for obvious reasons: If Bezos pays at least $6 billion for the team, Snyder would have produced a 650% return on the sale compared to 220.2% return in the stock market during that time. Not bad. 

Bezos, Fox Business has learned, has expressed interest in owning the Commanders, as both he and his girlfriend, Lauren Sanchez, are big football fans. He is no longer the CEO and running the day-to-day operations of Amazon (he remains chairman). He has hired bankers to explore a bid, but hasn’t yet bid. Bezos was put off when media reports surfaced that said Snyder wouldn’t sell to him over ill will because of the coverage of the Bezos-owned Washington Post about sexual misconduct allegations that have swirled around management of the team. 

The NFL is investigating, and Snyder has denied any wrongdoing.

WASHINGTON COMMANDERS: HOW DID THEY KEEP THE NEW NAME SECRET FOR SO LONG?

The reports prompted a Snyder rep to make contact with someone in the Bezos camp to tell them that the Snyder understands Bezos doesn’t control the Post’s editorial coverage, people with direct knowledge of the matter first told Fox Business. On Wednesday, several media outlets reported that Bezos and Snyder have spoken, though the details of their conversation could not be determined.

Jeff Bezos and his girlfriend Lauren Sanchez leave The Court restaurant in Rome, Italy. (Ciao Pix / Shutterstock / SplashNews.com)

So, will Bezos pull the trigger? A rep didn’t return an email for comment. A spokesperson for the Commanders had no comment. 

The thinking among NFL sources goes something like this: Once all the bids are in, that’s when Bezos might make his move and top the offers. So far, only a few potential bidders have emerged who can meet Snyder’s demands for a deal that’s around $6 billion. They include former Apollo Management founder Josh Harris of Harris Blitzer Sports Entertainment, which owns the Philadephia 76ers, among other sports franchises. Another bidder, Tilman Fertitta, owner of the Houston Rockets, is said to be offering around $5.5 billion.

Some NFL sources are dubious if Harris’ $6 billion is as firm as has been leaked (Harris Blitzer didn’t return a call for comment), given league requirements for equity, etc. Bezos, given his enormous net worth, can easily shell out that type of money and meet the NFL’s strict requirements that demand significant equity in any bid, and a limit on minority owners. With Bezos in the game, Harris might also be forced to bid a higher amount, these people add.

WASHINGTON COMMANDERS ‘ENGAGED IN FINANCIAL IMPROPRIETIES,’ US ATTORNEY'S OFFICE INVESTIGATING: REPORT

Then there’s the mercurial Snyder. He’s sounding like he wants to sell, but people close to him say it’s his choice. The sexual harassment allegations around the team, they say, have a political taint since the congressional investigation that sparked the NFL probe was conducted largely by the then Democratic House majority, and Snyder is a Republican. His people say they are confident the league probe will show he has done nothing wrong. 

A general view of a section of stadium seats with the Washington Commanders logo before the game between the Commanders and the Cleveland Browns at FedExField in Landover, Maryland, on Jan. 1, 2023. (Scott Taetsch/Getty Images / Getty Images)

Snyder now runs the team with his wife Tanya, and together they have overhauled management. There is more than a possibility that Snyder could decide to keep a team that he loves if the NFL probe isn’t a problem. He is, after all, a longtime fan, having grown up in the D.C. area, and he desperately wants to win a Super Bowl.

But people close to Snyder, 57, say he also knows life is too short. He has a great life and a family. Meanwhile, the D.C. fan base is growing hostile to his ownership since the franchise, known for winning multiple Super Bowls in the 1980s and 1990s, has yet to win since he took over nearly a quarter-century ago.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Also, $6 billion-plus is a hard number to walk away from, which is why Snyder has no problem with the Bezos bid.

Continue Reading

World

Donald Trump’s Middle East envoy pushes for Gaza ceasefire deal ahead of US inauguration

Published

on

By

Donald Trump's Middle East envoy pushes for Gaza ceasefire deal ahead of US inauguration

Donald Trump’s Middle East envoy has met Israel’s prime minister in an effort to secure a ceasefire deal in Gaza before the president-elect takes office on 20 January.

Benjamin Netanyahu’s office confirmed details of the meeting with Steve Witkoff on Saturday, adding that the head of the Israeli Mossad intelligence agency has been deployed to Qatar in order to “advance” talks.

It was not immediately clear when David Barnea would travel to Doha for the latest round of indirect discussions between Israel and Hamas.

Earlier on Saturday, an Israeli official said some progress had been made, mediated by Egypt, Qatar and the United States, to reach a deal in Gaza.

Israel's Chief of the Mossad David Barnea and Security Agency director Ronen Bar attend a memorial ceremony of the Hamas attack on October 7 last year that sparked the ongoing war in Gaza, at the Mount Herzl military cemetery in Jerusalem on October 27, 2024. GIL COHEN-MAGEN/Pool via REUTERS
Image:
Ronen Bar (left), director of Israel’s security agency, and David Barnea (right), head of Mossad, at a ceremony marking the 7 October Hamas attack. File pic: Reuters

The mediators are making renewed efforts to halt fighting in Gaza and free the remaining Israeli hostages held there before Mr Trump takes office.

A deal would also involve the release of some Palestinian prisoners held in Israeli jails.

Families of Israeli hostages welcomed Mr Netanyahu’s decision to dispatch the officials, with the Hostages and Missing Families Forum Headquarters describing it as a “historic opportunity”.

Mr Witkoff arrived in Doha on Friday and met the Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, Qatar’s foreign ministry said.

Egyptian and Qatari mediators received reassurances from Mr Witkoff that the US would continue to work towards a fair deal to end the war soon, Egyptian security sources said, though no further details were released.

Read more from Sky News:
Why does Donald Trump want Greenland?
Trump says Vladimir Putin wants to meet
A guide to Donald Trump’s inauguration

Israel launched its assault on Gaza after Hamas fighters stormed across its borders in October 2023, killing 1,200 people and taking more than 250 hostages, according to Israeli figures.

Families of the roughly 100 hostages still held in Gaza are pressing Mr Netanyahu to reach a deal to bring their loved ones home.

Since then, more than 46,000 people have been killed in Gaza, according to Palestinian health officials, with much of the area destroyed and gripped by a humanitarian crisis, with most of its population displaced.

Continue Reading

World

Pope Francis honoured by Joe Biden with Presidential Medal of Freedom with Distinction

Published

on

By

Pope Francis honoured by Joe Biden with Presidential Medal of Freedom with Distinction

Pope Francis has been honoured with America’s highest civilian award by President Joe Biden, who has described the pontiff as “a light of faith, hope, and love that shines brightly across the world”.

It is the first time Mr Biden, 82, has given the Presidential Medal of Freedom with Distinction during his four years in office.

In a statement, the White House said the award is “presented to individuals who have made exemplary contributions to the prosperity, values, or security of the United States, world peace, or other significant societal, public or private endeavours”.

Mr Biden had been scheduled to present the medal to Pope Francis, 88, in person on Saturday in Rome on what was to be the final overseas trip of his presidency. But the president cancelled his visit to monitor the California wildfires.

The White House said Mr Biden bestowed the award during a phone call in which they also discussed efforts to promote peace and alleviate suffering around the world.

President Joe Biden presents Bono with the Presidential Medal of Freedom. Pic: AP
Image:
President Joe Biden presented Bono with the Presidential Medal of Freedom. Pic: AP

President Joe Biden presents the Presidential Medal of Freedom to Denzel Washington. Pic: AP
Image:
Denzel Washington was also recognised. Pic: AP

President Joe Biden presents the Presidential Medal of Freedom to Michael J Fox. Pic: AP
Image:
Michael J Fox was bestowed with the honour. Pic: AP

The award can be presented with or without distinction.

Mr Biden presented the medal of freedom – without distinction – on 5 January to several people including fellow Democrat Hillary Clinton, humanitarian and U2 singer Bono, fashion designer Ralph Lauren and actors Michael J Fox and Denzel Washington.

Please use Chrome browser for a more accessible video player

‘I could have beaten Trump’

Read more from Sky News:
Gay men can become priests
Search widened for missing sisters
Carrie Johnson left ‘struggling to breathe’

Mr Biden himself is a recipient of the award with distinction, recognised when he was vice president by then president Barack Obama in a surprise ceremony eight years ago.

President Barack Obama presents Vice President Joe Biden with the Presidential Medal of Freedom during a ceremony in the State Dining Room of the White House in Washington, Jan. 12, 2017. (AP Photo/Susan Walsh)
Image:
Barack Obama presented Joe Biden with the Presidential Medal of Freedom with Distinction in 2017. File pic: AP

The citation for the pope’s honour said his “mission of serving the poor has never ceased”.

“A loving pastor, he joyfully answers children’s questions about God. A challenging teacher, he commands us to fight for peace and protect the planet. A welcoming leader, he reaches out to different faiths,” it added.

Continue Reading

World

As the AfD elects its chancellor candidate, the far-right party looms large over German politics

Published

on

By

As the AfD elects its chancellor candidate, the far-right party looms large over German politics

And so now it is certain. Alice Weidel will lead her far-right party into Germany’s general election next month.

She was overwhelmingly backed at the Alternative for Germany (AfD) conference and was greeted with a standing ovation.

Weidel will fight the election with a manifesto that follows a familiar pattern from other successful populist campaigns in Europe and beyond – contempt for mainstream politicians, anger over levels of irregular immigration, a desire to rein in the power of the European Union and dismay over the spread of so-called woke values.

Alice Weidel looks on after she was elected as top candidate for chancellor of the AfD.
Pic: Reuters/Matthias Rietschel
Image:
Alice Weidel looks on after she was elected as top candidate for chancellor of the AfD.
Pic: Reuters/Matthias Rietschel

A participant at the AfD national party conference.
Pic: AP/Sebastian Kahnert/picture-alliance/dpa
Image:
A participant at the AfD national party conference.
Pic: AP/Sebastian Kahnert/picture-alliance/dpa

“Thank you for your trust,” she told the audience.

“I am excited to lead our campaign. For our people, for our future.”

Who is Weidel?

Weidel is an unusual figure to lead a German hard right-wing party – a gay woman with a PhD in economics, a Sri Lankan partner, two children and a home in another country – she commutes from Switzerland.

More on Far-right

Admittedly there is an awkward history – her grandfather was a Nazi judge appointed to the job personally by Adolf Hitler, but she has maintained that she did not know that fact growing up and has angrily distanced herself from accusations of racism.

Indeed, Ms Weidel maintains that her party is not on the far right, but is simply conservative.

Pic: AP/Sebastian Kahnert/picture-alliance/dpa/
Image:
Pic: AP/Sebastian Kahnert/picture-alliance/dpa/

And that is part of her attraction – she is perceived as uncompromising on the things that the AfD’s supporters hold dear – migration, Euroscepticism, the greatness of German culture – but she’s also perceived as more palatable to the wider public.

Or, at least, that’s the idea.

Thousands of protesters

Outside the sports centre, where the AfD’s convention was being held, thousands of protesters gathered to raise their fears that the country was going back to the politics of the past.

“They are fascists,” said a man called Gabriel, who was helping to blockade the road that ran past the venue.

“I don’t know if we have learnt anything in the past hundred years but now we do have to stand against fascism.”

Protestors against the AfD during their national conference.
Pic: AP/Jan Woitas/picture-alliance/dpa/
Image:
Protesters against the AfD during their national conference.
Pic: AP/Jan Woitas/picture-alliance/dpa/

Many of the delegates would angrily decry that label.

However, there was a rousing reception for Bjorn Hocke, a long-standing AfD politician who is from the right wing of this right-wing party.

His grouping, Der Flugel, was declared a suspected extremist organisation but he remained the party’s leader in Thuringia.

In 2019, a court ruled that it was not libellous to refer to Hocke as a fascist.

He has twice been found guilty of using Nazi slogans but last year, under his leadership, the AfD won the state election.

Emotions often run high when the AfD is involved. The protests here were, at times, heated.

Police officers during the protest that blocked a road near the venue for the AfD party congress.
Pic: Reuters/Thilo Schmuelgen
Image:
Police officers during the protest that blocked a road near the venue for the AfD party congress.
Pic: Reuters/Thilo Schmuelgen

Police had to clear the road in front of Ms Weidel’s car as some protesters sat down and others began to surround it.

Later, the party’s MPs were called to gather together for a sudden security briefing.

The sports centre where this meeting was held once hosted the World Sumo Wrestling Championship.

Here, the heavyweights were political, and the prize at stake was far more consequential.

Barring a quite astonishing movement in the polls, the AfD is unlikely to win the election next month, but the party may well come second with more than 20% of the vote.

Read more from Sky News:
Harry and Meghan visit LA fires evacuees
Ukraine says it captured North Korean soldiers
Sudanese army retakes city from rebels

That probably won’t equate to power – Germany’s major parties have all said they won’t go into coalition with the AfD – but it will mean momentum.

It will mean a loud voice in the Bundestag, the German federal parliament, and the ability to pressure the next chancellor into reflecting the opinions of the millions who vote for Ms Weidel’s vision.

Long term, if Ms Weidel can prove that her party is palatable, as well as popular, then she knows the political dam will one day break.

If enough people back the AfD, it will eventually become impossible to shun the party forever.

Continue Reading

Trending