Jeff Bezos Denies Reports He Wants to Sell the Washington PostBezos and Jay-Z are supposedly circling a purchase of the Washington Commanders NFL franchise.

BySteve Huff

Alex Wong | Getty Images

Spokespeople for theWashington Postand its owner,Jeff Bezos, have denied recent reports that the newspaper is up for sale. The Amazon founder visited thePostlast week and met with staff, sitting in on editorial meetings and reassuring executives that he has no plans to sell the newspaper.

BothCNNandPeoplereported Bezos's denials late Monday after theNew York Postreportedthat the billionaire was considering the transaction so he'd have money to buy the Washington Commanders NFL team.

Multiple mediareportshave suggested Bezos and Jay-Z are considering bidding on the team. Bezos has been cagey about those rumors, calling them "buzz," though he's also admitted that he played football as a kid and it is his favorite sport. CurrentCommandersowner Dan Snyder, who has been accused of running a toxic workplace (which he denies), has admitted he's thought about selling the team.

Even if thePostis not for sale, Bezos may be looking for new investment opportunities, and the Commanders would be a solid investment. The team has an enthusiastic fan base in a major TV market — Washington DC — and a history of success, winning Super Bowls in 1983, 1988, and 1992. Additionally, the NFL's TV ratings have been strong thanks to Amazon Prime Video's exclusive "Thursday Night Football" broadcast, the biggest three-hour period ever for signing new subscribers.

Wavy Line
Steve Huff

Entrepreneur Staff

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