Former Washington Commanders team president Jason Wright wasn’t out of work long.
Nicki Jhabvala of The Washington Post revealed Thursday on X that Wright is now the managing partner and head of investments for Project Level, “a new venture from Ariel Investments that seeks to invest in women’s sports.”
Former Commanders president Jason Wright is now the managing partner and head of investments for Project Level, a new venture by Ariel Investments that seeks invest in women’s sports.
Mellody Hobson, part of the Denver Broncos’ ownership group, is president and co-CEO of Ariel.…
— Nicki Jhabvala (@NickiJhabvala) January 31, 2025
More about Project Level via Ariel’s website:
Project Level seeks to harness the exploding talent, fandom, viewership and media interest in women’s sports by working to accelerate growth through diversified investments and significant ownership stakes. Our highly curated portfolio will range from professional and emerging sports teams and leagues, to junior and college sports opportunities, along with related businesses that contribute to and directly benefit from the global expansion of women’s sports. Over time, we expect to generate compelling financial returns by capitalizing on the underappreciated growth and value embedded in women’s sports today. Our endgame is to elevate women’s sports by fostering strong and sustainable businesses that compete at the highest level.
Former owner Dan Snyder hired Wright as Washington’s team president in August 2020. He was the first Black team president in NFL history and was immediately thrust into a difficult situation. Wright had his hands full after dealing with multiple name changes and numerous accusations against Snyder.
New owner Josh Harris and his partners took over the franchise in July 2023 and retained Wright. Wright announced he would step down in July 2024 and would remain in a senior advisor role until further notice. Wright was in the press box for Washington’s thrilling Sunday night win over the Falcons in Week 17 and said on X that he would return his laptop to the team on January 15.
He also posted videos on X showing him cheering on the Commanders even after his tenure ended.
Washington announced the hiring of Mark Clouse as the new team president in December. Clouse will start with the Commanders next week.