Another potential buyer for the Washington Commanders has emerged as Canadian billionaire Steve Apostolopoulos has entered the NFL’s process to submit a buying bid for the team, according to ESPN.
The Associated Press said a source confirmed the story to them on the condition of anonimity as details from the Commanders sale are not being publicized.
Steve Apostolopoulos joins other buyers in Commanders bidding
Steve Apostolopoulos is the founder of a private equity venture company, that now joins the groups led by Tilman Fertitta and Josh Harris, who are also waiting for league approval to bid on the Washington Commanders sale.
The last NFL team to be sold was the Denver Broncos, with the franchise having a $4.65 billion dollar price tag in the end, a new record for a team sale, with Rob Walton not having a problem to spend the money.
The Commanders sale is expected to go way north from that number, with Forbes having the franchise valued at $5.6 billion dollars, an amount that surely Dan Snyder would like to see increment.