Jay-Z is reportedly interested in a takeover of the NFL’s Denver Broncos, but he has the world’s richest man to contend with, according to Front Office Sports.
The hip hop mogul worth $1.4 billion can’t afford the team and would need the help of partners to purchase the the Broncos, which is expected to hit the market in 2022 for $4 billion. Amazon founder Jeff Bezos has also been listed as a potential owner.
Bezos previously held talks for a 40% stake in the Washington Football Team in February and is reportedly still interested in NFL ownership.
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The Broncos are not currently for sale, but that could change next year.
Team president/CEO Joe Ellis said in August that Denver aims to have a “timely, responsible and orderly determination of ownership” in 2022.
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Sports attorney Richard Roth believes there will be no shortage of suitors because NFL ownership is “definitely a status symbol” for the super-rich.
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Pat Bowlen purchased the Broncos for $78 million in 1984 and died in June 2019, with a potential sale by his daughters setting up the biggest franchise sale in U.S. sports history.
