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A New Bidder Could Be Emerging To Buy The Commanders

(Photo by Scott Taetsch/Getty Images)

 

A new suitor has emerged for the Washington Commanders’ potential sale.

Current owner Dan Snyder hasn’t confirmed his desire to sell the franchise, but most reports state that Philadelphia 76ers owner Josh Harris was leading the race ahead of colleague Tilman Fertitta of the Houston Rockets.

But now, FOX Business’ Charles Gasparino revealed that former Milwaukee Bucks owner Marc Lasry had shown an interest in entering this race as well.

SCOOP: After selling his co-ownership stake in the @Bucks, @NFL sources say billionaire hedge fund manager Marc Lasry of @avenuecapital is said weighing putting together an investment group to buy the @Commanders. A Lasry spox would not deny interest. Developing

— Charles Gasparino (@CGasparino) March 1, 2023

Lasry, who co-owns the Bucks, is reportedly on the verge of selling his stake to Cleveland Browns owner Jimmy Haslam and Haslam Sports Group.

Lasry is a hedge fund manager, private equity investor, and co-founder of Avenue Capital Group, and he comes with plenty of experience from his days in charge of the Bucks, who won the NBA championship a couple of seasons ago.

Of course, he would still have to outbid Harris, and Amazon founder Jeff Bezos is also expected to be a heavy-hitter in this bidding war as well.

Fans have urged controversial owner Dan Snyder to sell the team for years now but to no avail.

Now, shortly after multiple reports of toxic and inappropriate workplace culture, one of the least-liked figures in the National Football League might finally agree to take a step aside.

Should he come to his senses and decide to sell the team, any potential bidder would reportedly have to offer more than $5.5 billion.

Hopefully, we’ll get more clarity on this situation soon.

The post A New Bidder Could Be Emerging To Buy The Commanders appeared first on The Cold Wire.

 

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