Michigan Native, Media Mogul, Byron Allen Prepares Bid For NFL Ownership
An NFL team is reportedly up for sale and a Michigan native is preparing a bid to buy the team and become the league's first black owner.
Are the Detroit Lions for sale?
Unfortunately for many Lions fans, the Lions do not seem to be for sale and remain in the Ford Family as William Clay Ford Senior's daughter, Sheila Ford Hamp, remains in charge of the team and its ownership.
Which NFL team is for sale?
Currently, speculation about the NFL's Washington Commanders leads many to believe that team may soon be for sale. It's been reported by Forbes that co-owners Dan and Tanya Snyder have hired Bank of America to sell the team potentially.
What is the Michigan connection to the possible sale of the Washington Commanders?
Detroit native and media mogul Byron Allen is reportedly interested in buying the team and is putting together a bid group.
According to Bleacher Report, Allen is well-positioned to make a bid with his wealth and connections in the industry:
Allen has amassed an estimated net worth of $500 million, per Emmy Wallin of Wealthy Gorilla. He also has experience in the sports industry after completing a $10 billion deal in 2019 to acquire 21 regional sports channels from Disney.
Does Byron Allen still have connections to Michigan?
Byron Allen is also the owner of numerous entertainment ventures, including television stations across the country. His company, Allen Media Broadcasting, also owns WJRT television in Flint.
Allen is best known for his time on television shows such as Real People, The Byron Allen Show, Entertainers with Byron Allen, Comics Unleashed, and Kickin' It with Byron Allen.
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