Finalized: NFL Owners Approve $6.05B Commanders Sale To Harris Group
Source: The Washington Post / Getty
The Washington Commanders are now officially no longer under Dan Snyder. After 3 years under multiple investigations, deciding to sell the team and many offers to buy the team, The Harris group was finalized the deal.
Text “DCnews” to 52140 For Local & National News Sent Directly To You!
NFL owners unanimously voted today (7/20/23) to approve the team’s sale from the Snyder family to The Harris Group led by Josh Harris including NBA Hall of Famer Magic Johnson and Maryland billionaire Mitchell Rales plus 18 others, reported by ESPN.
Each partner had to be vetted for financial and security reasons. The group is paying $6.05 billion which is a record sum for a North American sports franchise. Harris and Snyder entered into an exclusive agreement May 12 but getting the bid in compliance, along with other issues, caused the vote to be delayed.
Snyder and his family had owned the majority of the Commanders since 1999 but now the team can move into positive future and hope for DC sports.
READ MORE SPORTS NEWS:
- Odell Beckham Jr. Responds To Backlash After Saying $100M NFL Contract Can’t Last Forever
- Of Course, The Los Angeles Clippers Did Chris Paul Dirty — They’re The Clippers!
- Flag On The Player: Tennessee Titan Julius Chestnut Says Jacksonville Jaguar Logan Cooke Threatened To Kill Him
- Op-Ed: Shedeur Isn’t Being Sabotaged — the Browns Just Suck
- Indiana Goes Perfect for First Time, Beats Purdue in Bucket Game
- Former NBA Star & Wake Forest Legend Rodney Rogers Dead at 54
- Klay Thompson Eloquently Blasts Ja Morant Following Postgame Confrontation
- LeBron James Keeps It Real Amid Season 23 Debut: “There Aren’t Many More Games For Me”
- LeBron James & Steph Curry Make ’28 Olympics Decision: “I Will Be Watching It From Cabo”
- Shedeur Sanders Struggles in NFL Debut & Victim Of $200K Home Robbery
Get Breaking News & Exclusive Content in Your Inbox:
