Canadian billionaire Steve Apostolopoulos reportedly joins bidding for Washington Commanders
Canadian billionaire Steve Apostolopoulos has joined the bidding for the NFL’s Washington Commanders, according to a person with knowledge of the situation.
Apostolopoulos joins groups led by Josh Harris and Tilman Fertitta in getting approved by the league to bid on the team. Apostolopoulos is a Toronto native who went to Harvard and is the founder of a private equity venture company. Basketball Hall of Famer Magic Johnson recently joined Harris’s bid, a person with knowledge of that situation told The AP earlier this week. Johnson was also involved in Harris’ attempt to buy the Denver Broncos, who were instead sold to a group led by Walmart heir Rob Walton for a record US$4.65-billion.
Amid multiple investigations into workplace conduct and potential financial improprieties, Dan Snyder and his wife Tanya hired a firm in November to look into selling part or all of the team he has owned since 1999.
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