Jerry Jones

Cowboys’ Jerry Jones Addresses Dak Prescott Contract Talks

The Cowboys have once again positioned themselves as a candidate to make a deep postseason run. Much of the team’s success has come from the play of quarterback Dak Prescott, who finds himself firmly in the MVP conversation.

Prescott’s play has also set him up well for negotiations on a new contract. Talks on that front have long been expected to be put on hold until the offseason. A report from last month confirmed no discussions had taken place between the Cowboys and the two-time Pro Bowler, who has played his way into a lucrative new pact over the course of this season. One year remains on Prescott’s deal, but his untenable $59.5MM 2024 cap hit leaves him in need of an extension.

During his weekly appearance on 105.3 The Fan, owner Jerry Jones spoke on the subject of a Prescott deal. Working one out will be a top priority for the team not only to keep him in place for years to come, but to also establish cost certainty under center with the likes of edge rusher Micah Parsons and wideout CeeDee Lamb also in line for extensions. Jones’ remarks present an optimistic tone with respect to an agreement being reached in the relatively near future.

“Don’t pay any attention to discussion,” Jones said, via The Athletic’s Jon Machota“It’s meaningless. The only thing that is factual here is what I decide and what we decide as a team and what Dak decides… We know exactly where we are on the contract, years left on the contract and we should be, and are, about as close on that type of communication.”

Jones noted that the timing of a deal “remains to be seen,” but the early portion of the new league year in March represents a logical deadline. Prescott is due a $5MM roster bonus on the fifth day of the 2024 league year, so it would come as no surprise if an agreement were to be reached by that point. Especially with the leverage the 30-year-old has generated this season, though, a second Cowboys extension will require a lucrative commitment.

The quarterback market saw another jump over the course of the 2023 offseason. Four young passers (Jalen HurtsLamar JacksonJustin Herbert and Joe Burrow) leapfrogged each other as the league’s highest-paid players in terms of AAV. Patrick Mahomes then worked out a restructure to his Chiefs pact which moved him higher up the pecking order at the position, one which now has four players averaging at least $51MM per season.

Prescott’s current contract (four years, $160MM) has been outdone several times with the salary cap continuing to jump on an annual basis. His next pact will surely represent a raise in terms of annual compensation, but Jones’ public stance on the matter points to more amicable negotiating process than the last time the parties were in this situation.

Jerry Jones: Cowboys Will Not Initiate Trade Talks

One week remains until the trade deadline, and conflicting reports have emerged with respect to how the Cowboys will approach the coming days. Owner Jerry Jones clarified the team’s stance during his latest appearance on 105.3 The Fan.

“The initiation of an opportunity to make a trade at this time that would help us principally has to start over on the other end,” Jones said, via Michael Gehlken of the Dallas Morning News“I like where we are with our personnel today.”

Reports from last week suggested Dallas would be aggressive in seeking out short-term help ahead of the deadline. With the team seemingly on track for another postseason berth, it would come as no surprise if, at a minimum, depth moves were made to address the injuries suffered by corner Trevon Diggs and/or linebacker Leighton Vander Esch. Subsequent reports refuted that expectation, however.

Indeed, ESPN’s Todd Archer notes that the Cowboys are likely to have a “quiet” deadline, something which Jones’ comments reaffirm. Dallas currently sits mid-pack in the NFL with respect to financial flexibility, as the team has just under $7.4MM in cap space. That would be sufficient to make at least one noteworthy move, particularly for a player on an expiring deal. Long-term financial considerations are no doubt in play in Dallas’ case, though.

The Cowboys are due to have quarterback Dak Prescott‘s cap hit explode to $59.5MM in 2024, meaning an extension will need to be worked out in the near future. Talks on that front will take place after the season, but other priorities will be in place by that point as well. Edge rusher Micah Parsons and wideout CeeDee Lamb will be eligible to sign lucrative second contracts in the spring, and plenty of future room will need to be budgeted for those investments.

Of course, the Cowboys will be open to offers made from other teams seeking to swing a deal. As Jones confirmed today, however, that path will be the only one by which a signficant alteration to Dallas’ roster is made.

Latest On Cowboys G Zack Martin’s Holdout

Year in, year out Cowboys guard Zack Martin is a top-ten offensive guard in the league. According to Pro Football Focus (subscription required), up until last year, Martin was a perennial top-five guard in the NFL, more often than not ending up in the top two. Years ago, when he signed an extension with the team, he got paid like the top guard he was. But years later, after multiple reworked deals and the rising contracts of younger guards, Martin has been unhappy with his compensation, leading to the holdout he is currently staging.

Despite Martin’s persistence in holding out, Cowboys owner/president/general manager Jerry Jones doesn’t seem interested at all in adjusting Martin’s deal in a way that rewards him for performing at the top of his position. He dropped two sounds bites today, according to Jon Machota of The Athletic, explaining why he doesn’t plan on taking any action. The first put the blame on star defender Micah Parsons. Jones claimed that the team will “need the money to pay” other players like Parsons in the future. The second sound bite claimed he already got his reward five years ago.

“Nothing,” Jones said in response to what needed to happen in order to resolve the situation. “He’ll come to camp when he comes to camp. There’s no resolution. There are a lot of consequences if he doesn’t.” The consequences that Jones is referring to are the daily $50K fines that Martin incurs with each missed day at training camp. So far, Martin has racked up $250K of fines.

“He’s been at the top of the money all the way through,” Jones claimed, “drafted high and got a lot of money, got a lot of money over the years. It’s just hard to get it all. The bottom line is: nothing needs to happen.”

Currently, Martin’s contract gives him the eighth-highest annual average value (AAV) at his position. Yes, he makes a lot of money as the eight-highest paid offensive guard in the NFL, but after delivering as a top player at the position for so long, one could argue he’s severely underpaid. Martin is only set to make $13.5MM this year as two other guards in the league have contracts with AAVs of over $20MM.

Jones claims he’s worried that caving in to Martin’s demands will put him in a situation in which he can’t pay anyone else, according to Michael Gehlken of The Dallas Morning News. “You make an adjustment like that, all of the sudden, you don’t have the money to go pay the guys that are in their first contract that you need to pay.” It’s unclear whether Jones has learned from the mistakes made in the Ezekiel Elliott contract, or if he has just ironically forgotten his own past actions, but these comments are antithetical to his own previous transactions.

This is one of two recent outbursts we’ve seen from team owners of players who are upset with their contract situations. In both instances, the owners seem to think they’re in the right, falling back on bargaining agreements and “how things are done.” In the process, they seem to be alienating the best players on their rosters. Jones very well may end up saving money by not adjusting Martin’s deal, but he may end up losing one of the best guards in the NFL in the process.

The NFL’s Longest-Tenured GMs

The latest NFL general manager hiring cycle only produced two changes, but each took over for an executive who appeared in good standing at this point last year.

Steve Keim had held his Cardinals GM post since January 2013, and the Cardinals gave both he and Kliff Kingsbury extensions — deals that ran through 2027 — in March of last year. Arizona has since rebooted, moving on from both Keim and Kingsbury. Keim took a leave of absence late last season, and the Cardinals replaced him with ex-Titans exec Monti Ossenfort.

[RELATED: The NFL’s Longest-Tenured Head Coaches]

As the Cardinals poached one of the Titans’ top front office lieutenants, Tennessee went with an NFC West staffer to replace Jon Robinson. The move to add 49ers FO bastion Ran Carthon also came less than a year after the Titans reached extension agreements with both Robinson and HC Mike Vrabel. But controlling owner Amy Adams Strunk canned Robinson — in place as GM since January 2016 — before last season ended. Adams Strunk cited player unavailability and roster quality among the reasons she chose to move on despite having extended Robinson through the 2027 draft months earlier. The Titans are now pairing Vrabel and Carthon.

The Bills reached an extension agreement with GM Brandon Beane two weeks ago. Hired shortly after the team gave Sean McDermott the HC keys, Beane has helped the Bills to five playoff berths in six seasons. Beane’s deal keeps him signed through 2027. Chargers GM Tom Telesco has hit the 10-year mark leading that front office, while this year also marks the 10th offseason of Buccaneers honcho Jason Licht‘s tenure running the NFC South team. Although Jim Irsay fired Frank Reich and later admitted he reluctantly extended his former HC in 2021, the increasingly active Colts owner has expressed confidence in Chris Ballard.

Here is how the NFL’s GM landscape looks going into the 2023 season:

  1. Jerry Jones (Dallas Cowboys): April 18, 1989[1]
  2. Mike Brown (Cincinnati Bengals): August 5, 1991[2]
  3. Bill Belichick (New England Patriots): January 27, 2000[3]
  4. Mickey Loomis (New Orleans Saints): May 14, 2002
  5. John Schneider (Seattle Seahawks): January 19, 2010; signed extension in 2021
  6. Howie Roseman (Philadelphia Eagles): January 29, 2010; signed extension in 2022
  7. Les Snead (Los Angeles Rams): February 10, 2012; signed extension in 2022
  8. Tom Telesco (Los Angeles Chargers): January 9, 2013; signed extension in 2018
  9. Jason Licht (Tampa Bay Buccaneers): January 21, 2014; signed extension in 2021
  10. Chris Grier (Miami Dolphins): January 4, 2016[4]
  11. John Lynch (San Francisco 49ers): January 29, 2017; signed extension in 2020
  12. Chris Ballard (Indianapolis Colts): January 30, 2017; signed extension in 2021
  13. Brandon Beane (Buffalo Bills): May 9, 2017; signed extension in 2023
  14. Brett Veach (Kansas City Chiefs): July 11, 2017; signed extension in 2020
  15. Brian Gutekunst (Green Bay Packers): January 7, 2018; agreed to extension in 2022
  16. Eric DeCosta (Baltimore Ravens): January 7, 2019
  17. Joe Douglas (New York Jets): June 7, 2019
  18. Andrew Berry (Cleveland Browns): January 27, 2020
  19. Nick Caserio (Houston Texans): January 5, 2021
  20. George Paton (Denver Broncos): January 13, 2021
  21. Scott Fitterer (Carolina Panthers): January 14, 2021
  22. Brad Holmes (Detroit Lions): January 14, 2021
  23. Terry Fontenot (Atlanta Falcons): January 19, 2021
  24. Trent Baalke (Jacksonville Jaguars): January 21, 2021
  25. Martin Mayhew (Washington Commanders): January 22, 2021
  26. Joe Schoen (New York Giants): January 21, 2022
  27. Ryan Poles (Chicago Bears): January 25, 2022
  28. Kwesi Adofo-Mensah (Minnesota Vikings): January 26, 2022
  29. Dave Ziegler (Las Vegas Raiders): January 30, 2022
  30. Omar Khan (Pittsburgh Steelers): May 24, 2022
  31. Monti Ossenfort (Arizona Cardinals): January 16, 2023
  32. Ran Carthon (Tennessee Titans): January 17, 2023

Footnotes:

  1. Jones has been the Cowboys’ de facto general manager since former GM Tex Schramm resigned in April 1989.
  2. Brown has been the Bengals’ de facto GM since taking over as the team’s owner in August 1991.
  3. Belichick has been the Patriots’ de facto GM since shortly after being hired as the team’s head coach in January 2000.
  4. Although Grier was hired in 2016, he became the Dolphins’ top football exec on Dec. 31, 2018

Cowboys Eyeing Multiple Extensions

The Cowboys have made a few notable outside additions this offseason, including the trade acquisitions of wideout Brandin Cooks and cornerback Stephon Gilmore. A number of internal extension candidates are in place, though, and getting deals done with several of them remains a priority.

EVP Stephen Jones indicated on Monday that the Cowboys have “in general touched base” with players in line for new contracts, such as quarterback Dak Prescott, receiver CeeDee Lamb, cornerback Trevon Diggs and offensive lineman Terence Steele (Twitter link via Jon Machota of The Athletic). Each of those names have been linked to potential extensions during this offseason, with Prescott representing an obvious priority given his current financial situation.

The 29-year-old restructured his contract in March, a move which freed up considerable cap space for what has been an eventful offseason in Dallas. As a result, however, Prescott’s 2024 cap hit is scheduled to be $59.4MM, a figure which will need to be lowered significantly via a new contract. Team owner Jerry Jones made it clear (via Michael Gehlken of the Dallas Morning News, on Twitter), however, that a new Prescott accord doesn’t necessarily need to be worked out before extensions for other key players.

Both Lamb and Diggs have been in Dallas for the past three years; while the former is under contract for 2024 via the fifth-year option, the latter is entering a contract year. The pair have each earned two Pro Bowl nods and are foundational pieces of the team’s long-term core. In came as no surprise, then, when it was learned in March that extensions for both were among the Cowboys’ priorities. Given the value of the WR and CB markets, second contracts for Lamb and Diggs will require a sizeable multi-year commitment.

In Steele’s case, a smaller deal may suffice to have him on the books beyond 2023. The former UDFA has emerged as a valued member of their offensive front, and will play on a $4.3MM RFA tender this season. Steele’s likeliest position this year appears to be at left guard, with both Tyler Smith and Tyron Smith in place to occupy the tackle spots. A strong season on the interior would add further to his value, and thus his asking price on the open market. Avoiding that situation with any or all of the aforementioned players over the coming months is front of mind for the Cowboys.

“The timing has got to be right for those guys and it’s gotta be right for us,” Stephen Jones said, via Machota. “Our goal would be to hopefully start to chip away at this… No specific order. It’s just kind of when opportunity arises. They gotta be motivated to want to do it. It seems like more and more guys want to wait… because usually the price goes up from one year to the next. People don’t seem to be as in that type of hurry, but if the opportunity is there we sure would like to get 1-2-3 of these guys signed. We’d love to do more than one.”

Colts’ Jim Irsay, Cowboys’ Jerry Jones Address Commanders Sale

One of the key topics of conversation during the first day of the current league meetings was the sale of the Commanders. Despite the fact that a deal is in place for Josh Harris to replace Dan Snyder as owner, ratification from the league may not come for some time.

Harris and Snyder entered into a signed, exclusive agreement earlier this month. As a result of that deal, the franchise is on track to sell for a record-breaking $6.05 billion, though issues have arisen given the structure of the agreement. Specifically, the Harris group’s ability to stay under the league’s $1.1 billion debt limit to finance the purchase is a hurdle which has yet to be cleared.

As a result, no timeline is currently in place for the league’s finance committee to produce a recommended course of action, and, subsequently, for owners to vote on the sale. At least 24 owners would need to approve the deal, something which has long been considered a formality due in large part to the widespread desire to have Snyder’s tenure at the helm of the Commanders come to a conclusive end. Whether or not this process will be completed before the fall remains an open question, though.

When speaking on that point, Colts owner Jim Irsay said, via The Athletic’s Ben Standig, “we’d like to see it get done. But, we’re not there yet” (subscription required). Irsay added that “probably several more weeks of discussions” will be necessary to finalize the transfer of ownership to Harris, who has a controlling stake in the Philadelphia 76ers, New Jersey Devils and English Premier League club Crystal Palace.

Adding to the optimism that this deal will cross the finish line, Cowboys owner Jerry Jones said, “I would anticipate it being done. These are outstandingly qualified owners” (video link via Jori Epstein of Yahoo Sports). Jones added that he does not foresee the agreement’s structure – which includes support from numerous investors, including NBA legend Magic Johnson – as being enough of an issue to prevent an ultimate approval.

“To have a new ownership group in there before the season opener, that would be a goal,” Irsay said. “It’s not an impossibility. There would be a special meeting after July 4 for something like that to happen. I know that the commissioner will continue to look and see what our schedule is going to be. But there’s work to be done.”

As the sale of the Broncos last offseason showed, a gap in time can exist between a winning bid emerging and final ratification taking place. Plenty of time remains for that to happen in this case, and the league will likely work with increased urgency to allow for Harris to be installed as owner in time for the regular season as the summer moves along.

“There are different layers of league policy that exist beyond just that acquisition and that sort of thing,” Irsay added. “So it’s just trying to make sure deals comply with that… In the end, we’re hopeful that we can work towards getting a deal done.”

Cowboys Eyeing K Addition, Open To Re-Signing Brett Maher

The Cowboys currently have just one kicker on their roster (Tristan Vizcaino), but that total will increase in the near future. Dallas chose not to make an addition at the position during the draft, meaning one or more veteran signings should be expected.

Kicker was not an area of concern during the regular season in 2022, with Brett Maher winning a preseason competition and enjoying a consistent campaign. The former CFLer went 29-for-32 on field goals, good for a career-best 90.6% conversion rate. He also missed only three of a league-high 53 extra point attempts, though things changed dramatically in the postseason.

Maher missed four straight PATs during the Cowboys’ wild-card win over the Buccaneers, leading to the addition of Vizcaino. His playoff struggles would seem to suggest Maher’s second Cowboys stint would be coming to a close with either the latter or a rookie taking on the full-time kicking position, but that may not be the case. Cowboys owner Jerry Jones recently confirmed that all options remain open at this point with Maher and others.

“Obviously, we want to come up with the best solution that we can there, but we didn’t get the kicker opportunity that we thought we might get in the draft,” Jones added, via Calvin Watkins of the Dallas Morning News“And we had other priorities when we had a chance to get it. We took somebody else obviously.”

Three kickers heard their names called last weekend, but a number of options remain available amongst undrafted prospects. The Cowboys have yet to announce their UDFA class, but it would thus come as no surprise if one or more kickers were included in it this year. As far as veterans are concerned, the likes of Robbie Gould, Mason Crosby and Randy Bullock are available to sign at any time. How Maher plays into the Cowboys’ next kicking competition (if at all) will be worth monitoring as the rest of the offseason takes shape.

Cowboys Remain Open To Ezekiel Elliott Reunion

The Cowboys were among many teams to add running backs during the draft, a signal seen by some that they are fully prepared to move on from Ezekiel Elliott. That still may not be the case, however.

The Cowboys used a sixth-round pick on Deuce Vaughn, a move which generated considerable interest in its own right around the league given the fact that his father Chris works in the team’s scouting department. The Kansas State product figures to serve in a rotational role behind Tony Pollard, who will play on the franchise tag in 2023 after establishing himself as the clear-cut No. 1 back for Dallas.

The five-foot-five Vaughn will likely never be tasked with handling short-yardage and goal line duties, however, something which was true of Elliott in 2022 in particular. The latter’s efficiency and totals hit a career low last season, but he could still carve out a specific role as a power back in the next offense he plays in. That could still end up bringing him back to Dallas.

When asked if the door is now closed to an Elliott reunion, Cowboys owner Jerry Jones said, “No, no, no, not at all. That ship hasn’t sailed yet. We haven’t made a decision. We obviously drafted a running back, but a little different style than Zeke. I’m not trying to be cute. But nothing we did today changes that” (h/t David Moore of the Dallas Morning News).

It was learned last month that the Cowboys declined to offer the two-time rushing champion a pay cut after making the expected move of releasing him. At that point, they acknowledged the possibility of a reunion, though it remains to be seen how motivated they will be to bring Elliott into what is now a more crowded backfield. The former No. 4 pick has yet receive much (if anything) in the way of interest from the three other teams he is reportedly looking to join.

That could change in the near future, as he and all other veteran free agents will evaluate which teams could represent suitable landing spots with the draft now complete. A number of experienced running backs are still on the market, but Elliott’s future – with the Cowboys or otherwise – could become clearer soon.

“That’s what we’ll be sitting here evaluating,” Jones added. “We’ll look and see what his situation is, what our situation is. But I have not ruled out Zeke.”

Dan Snyder Roundup: Indemnification, Financial Impropriety, Potential Sale

The past few days have seen a number of reports emerge with respect to Commanders owner Dan Snyder which add further to the disdain felt towards him and the uncertainty that he will sell the team. With league meetings approaching later this month, pressure is likely to increase from other owners to distance himself from the league.

In the event that takes place, however, a number of legal actions could be soon to follow. A report from Mark Maske, Nicki Jhabvala and Liz Clarke of the Washington Post claims that Snyder is seeking protection against future liability and costs if he ultimately decides to sell the team. That demand for indemnity is a noteworthy one, as it comes against a backdrop of his fellow owners seeking to have him either sell the team or face the possibility of an unprecedented vote to remove him taking place.

The Post’s report notes, to little surprise, that Snyder’s indemnification request has not sat well with the other owners. In the event it is not granted, however, Snyder has threatened to sue them and the league in the event he is forced out. In addition, Snyder is reportedly seeking to keep the results of the ongoing Mary Jo White investigation into the team’s workplace culture and allegations of financial impropriety from going public. The NFL has stated that a written report on that front will be released, and Snyder’s demands to the contrary are similarly not likely to be met with sympathy from around the league. For their part, the Commanders have issued a statement which says the above claims are “simply untrue.”

Here is a roundup of some other Snyder-related notes, as this ongoing storyline continues to take shape:

  • In a follow-up to the aforementioned Post article, Clark, Maske and Jhabvala detail that league sources believe a vote forcing Snyder out would hold up against a hypothetical legal challenge. The preference amongst owners, however, remains that Jerry Jones (long thought to be Snyder’s closest ally, though their relationship seems to have worsened recently) helps convince Snyder to take the less challenging path of selling the franchise. On the point of indemnity, the expectation exists that it will be flatly rejected, given the myriad issues which have dogged Snyder over the course of his 24-year tenure as owner.
  • In a lengthy piece examining the financial aspects of the controversy surrounding the Commanders, ESPN’s Don Van Natta writes that a $55MM loan obtained in 2019 marked a key turning point in Snyder’s buyout of the team’s three minority owners. The latter group claimed they were not made aware of the loan being requested and obtained (a clear violation of the club’s shareholder agreement), and aired the grievance during a mediation session including NFL commissioner Roger Goodell. Van Natta notes that no league action was taken to investigate the matter, which ended in the minority partners’ stake in the franchise being sold. This episode, they claim, represents one of several examples of Snyder using the team “as a personal piggy bank.”
  • Other issues of financial impropriety are at the heart of an ongoing probe from the U.S. Attorney’s Office of Eastern Virginia. As reported by A.J. Perez of Front Office Sports, that process now includes at least one subpoena being issued. The Commanders, who by their own admission have remained cooperative in the investigation, have previously been forced to pay a $250K penalty and refund season-ticket holders after deposits were found to have been withheld improperly. Van Natta’s ESPN’s piece adds that a criminal probe is underway, and is being led by FBI and IRS agents investigating what one source described as “jail time type of fraud” on Snyder’s part.
  • As was the case in October, owners are set to once again discuss Snyder and the Commanders situation in the coming league meetings, writes Rob Maaddi and Stephen Whyno of the Associated Press. It was during the fall summit that Colts owner Jim Irsay publicly spoke out about the potential Snyder is forced to sell. Such action would become possible if at least 24 of the 31 other owners voted in favor of ousting Snyder, though questions have persisted throughout this saga whether the required majority exists to follow through on that.
  • On the point of a potential sale, Albert Breer of Sports Illustrated reports that $7B remains the “magic number” which Snyder is seeking. The latest on the bidding process has suggested that $6B could be closer to the sales price, which could cloud Snyder’s intentions of selling all or part of his share even further. The top name linked to buying the franchise, Jeff Bezos, has reportedly been blocked from taking part in the Commanders bidding process to date. Breer notes that the Amazon founder may very well prefer to buy the Seahawks should they hit the market, something which is not expected in at least the near future. While Bezos’ interest (or lack thereof) in buying the Commanders remains a storyline worth watching, further developments could be coming soon regarding Snyder’s future vis-à-vis the league’s other owners.

Commanders Notes: Snyder-Jones Relationship, Prospective Bidders, Potential Sale Timeline

The matter of a potential Commanders sale has been a talking point for months now, as the view other NFL owners take of Dan Snyder has worsened. That trend has stretched to even affect his Cowboys counterpart, Jerry Jones.

A bombshell report from October indicated that Snyder had dug up dirt on his fellow owners, as a means of providing leverage against a vote forcing him to sell his team. In the wake of that report – which the 58-year-old has denied – it was said that Jones still counted himself amongst Snyder’s supporters. That appears to still be the case, but relations between the two have changed.

“I would say we’ve had to be more formal in our conversations,” Jones said, via USA Today’s Jarrett Bell“We’re not as cavalier as we might have been. Follow me? Don’t know who’s listening. Who’s what? So, we’ve had to be more formal.”

Jones added that Snyder is “not the most beloved guy around,” and that he wouldn’t be worth “taking a sword” for. That marks a notable stance potentially in favor of a sale, something which would likely go a long way amongst other owners, given Jones’ sway in that particular group and his reputation for supporting Snyder more than most.

Here are some other notes related to the Commanders and their hypothetical sales process:

  • Josh Harris, owner of the Philadelphia 76ers, New Jersey Devils and English Premier League club Crystal Palace, toured the Commanders’ facility earlier this month, per Ben Standig and Daniel Kaplan of The Athletic (subscription required). He did the same last summer as as prospective buyer of the Broncos, so this action signals his interested in becoming owner of the next NFL team to (potentially) go on the market. Around that same time, another, unnamed candidate toured the facility as well, according to the Washington Post’s Mark Maske, Nicki Jhabvala and Liz Clarke. This past Friday, another potential buyer did the same, Jhabvla tweets.
  • It was reported in December that an initial bidding process took place, one which notably did not include Amazon CEO Jeff Bezos. Providing clarity on that front, Standig and Kaplan note that that December process actually consisted of “non-binding indications of interest,” which do not require formal bids taking place. That is the next step, though, and is expected to take place soon. Once it happens, however, there may be a distinct lack of competition amongst prospective buyers. Lydia Moynihan of the New York Post reports that only two serious contenders remain in the running (including Harris, and not Bezos); they have each showed a willingness to reach the $6BB mark in a sales price, though liquidity would be an issue on Harris’ and the unnamed other bidder’s part at that value. One of Moynihan’s sources predicts Bezos will be courted late in the process given his significant advantage in terms of total wealth.
  • Speculation has persisted in terms of when a final decision will be made with respect to a sale being green-lighted, and then finalized. On that point, Fox Sports’ Jay Glazer notes that a deal will ideally be in place by the time the NFL’s owners’ meetings take place in late March (video link). That would allow the other owners to vote on and ratify a sale, as they did in the case of the Broncos last offseason, and presumably bring an end to the saga hanging over the Commanders.