Amazon founder and chief executive Jeff Bezos, who earlier this month announced he would step away in the third quarter, is reportedly interested in buying an Amercian football team, according to Yahoo Finance Wednesday.
Based on a report from Front Office Sports, the world's richest man has been in contact with an investment banking company that led efforts to sell a portion of the Washington, D.C., football team this past year.
All eyes are on what could be Bezos's next move and a report could point to the prominent entrepreneur taking on the role of NFL owner.
WFT, which is working on a new name after last year having ditched its Redskins logo in response to long-running opposition from native Americans, has been owned by Daniel Snyder since 1999.
Snyder acquired the team for $750 million and it's currently worth $3.5 billion, making it the eighth-most valuable team in the National Football League, according to Forbes.
Snyder has claimed an extortion effort that forces him to sell the team is being launched. Snyder blocked the sale of a stake in WFT by existing owners using his right of first denial.
According to a Benzinga report, three minority owners of WFT hired Moag & Co, a Baltimore-headquartered sports investment banking company to explore possibilities of a sale. Bezo's legal counsel held talks with Moag, the report said.
Bezos' interest in shopping for an NFL team goes back to 2019, when CBS Sports reported that he had spent time around owners, including Snyder.
And the multi-billionaire also has connections to the Washington, D.C. area. In 2013, he bought The Washington Post for $250 million.
The venture into NFL team ownership comes as Amazon.com pushes into sports streaming rights and is seen as one of the companies that will aggressively jockey for position at NFL rights that will hit the market soon.
