I believe Amazon has seen its growth peak as a company with in the pàst few years it's gone from a $160 a share to about $200 a share and kind of hovered a little over $200 currently trades at 204 a share. Im expecting big changes in the future with Amazon if what I say happens.
Amazon CEO Jeff Bezo has always wanted to own
The NFL team the Seattle Seahawks. He had in the past inquired about owning the Seahawks only to no avail. Jeff Bezos has a net worth of 216 Billion dollars. That's enough to buy two to three NFL teams.
Now the Seahawks are for sale at a price tag of 11Billion dollars. I could see Bezos buying the team maybe perhaps some one like with Seattle native former Microsoft CEO Bill Gates.
Microsoft already does software work with the NFL teams.
The difficulty I see here is that Jeff Bezo currently owns about 9% of Amazons stock. Which I could see him selling out a portion of his Amazon stock holdings to buy the team. Which if he did that he would be more inclined to spend more time focusing on the NFL team the Seahawks then the business of owning and operations of Amazon.
The other problem is if he bought the Seahawks franchise he would likely have to cancel Amazons coverage of NFL games.
All that being said If Bezos buys the Seahawks team I predict a sharp and steady decline in the future with Amazons stock price. Maybe Near the $150 -$160 price range or lower.
I would give a a time frame of between six months to two years after Bezos had one season with the Seahawks for the steep decline in Amazon shares.
Jeff's Bezos other options are to buy the Seahawks and sell the majority of Amazon the company and step down as CEO. That again would probably be a hit or miss with a new CEO at the helm.
What's your thoughts 💭