John Henry Throws Name into Commanders Bidding War
Boston Red Sox owner John Henry has reportedly thrown his name in as a potential bidder for the Washington Commanders.
The news comes after Henry announced he would sell his shares of Liverpool rumored to be worth around $4 billion. Fenway Sports Group has hired Goldman Sachs and Morgan Stanley to help with the process of selling the football club.
Reports of potential suitors have already surfaced. A Kuwait-based news outlet reported Wednesday that a deal has been made to sell the team to a Qatar-based investor.
Some may deduce that Henry is selling Liverpool in an attempt to secure enough money to purchase the Commanders. The only issue is that he would be bidding against the likes of Jeff Bezos, Jay Z and even Matthew McConaughey. And while Henry has a net worth estimated at $4 billion, that’s nothing compared to the $111 billion tied to Bezos.
However, there is a possible remedy. The Washington Post, which has been extremely critical of current Commanders owner Dan Snyder during his tenure, is owned by Bezos. As a result, it’s believed that Snyder would refuse to sell to the owner of The Washington Post.
Henry is certainly no stranger to owning sports teams. As principal owner of the Fenway Sports Group, Henry owns the Red Sox and the Pittsburgh Penguins — he has even expressed interest in expanding to buy an NBA team.
Henry and his team do have a history of bringing success to the teams they take over. And for a Commanders team that’s been in a rebuild for what seems like the last 10 years, a change of ownership and culture could be what’s needed to keep up in an ever-improving NFC East.
Ultimately, it’s might be unlikely that John Henry is able to put together a deal that competes with that of Bezos. But with his storied history as an owner, Henry may be able to influence Snyder to sell the team to him instead. I suppose only time will tell.
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