Billionaire entrepreneurs Jay-Z and Jeff Bezos are in discussions about a possible joint venture.
It’s unclear if the two have yet spoken with Dan Snyder and his wife, Tanya, the current owners of the NFL team, about the possibility.
Earlier Thursday, a source with inside knowledge of the matter confirmed to CNN that Bezos is considering buying the team.
On Wednesday, the Snyders said they were exploring a sale of the team and had hired Bank of America Securities “to look at potential transactions.”
CNN has reached out to Roc Nation for comment.
The NFL declined to comment when reached by CNN on Thursday.
Both Bezos and Jay-Z’s sports ties run deep.
Jay-Z was previously part owner of the Brooklyn Nets and his company, Roc Nation Sports, represents several NFL athletes.
In 2019, as Colin Kaepernick’s activism made waves in the sport, Jay-Z and the NFL also teamed up for a social justice initiative aimed at bringing awareness to key issues such as criminal justice reform and education and economic progress .
It is unclear how these business relationships would be handled in the event of a potential purchase.
The potential sale of Commanders comes months after a House Oversight Committee investigating the owner of Commanders accused him of fostering a “toxic workplace” and conducting “a shadowy investigation to target his accusers, shift blame and influence the NFL’s internal review.”
An internal investigation by attorney Beth Wilkinson last year resulted in the NFL fining the Commanders $10 million and Snyder handing over control of the franchise’s day-to-day operations to his wife. Snyder has denied the allegations.
Attorneys Lisa Banks and Debra Katz, who represent more than 40 former employees who accuse Snyder of workplace misconduct, in a statement called the potential sale “a good development for the team, its former and current employees and the many her followers”.
