Jeff Bezos 'Has No Plans' To Buy NBA's Boston Celtics, Could NFL Team Ownership Still Be In The Cards?
Portfolio Pulse from Chris Katje
Jeff Bezos is not planning to buy the Boston Celtics, despite rumors. However, he may be interested in purchasing an NFL team, such as the Seattle Seahawks. Bezos has been selling Amazon shares, possibly to fund such a purchase. His potential ownership of an NFL team could raise questions about conflicts of interest due to Amazon's media rights deals with the NFL and NBA.
August 21, 2024 | 8:45 pm
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Jeff Bezos, Amazon's founder, is rumored to be interested in buying an NFL team, which could raise conflict of interest concerns due to Amazon's media rights deals with the NFL and NBA.
Bezos's potential NFL team purchase could impact Amazon's media rights deals, but as he is no longer involved in day-to-day operations, the direct impact on Amazon's stock is uncertain. Investors may be concerned about potential conflicts of interest.
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