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GROUP LED BY JOSH HARRIS TO BUY WASHINGTON COMMANDERS FROM DAN SNYDER FOR $6B, PENDING NFL APPROVAL

  • Dan Snyder agreed to sell the Washington Commanders to an investment group led by Josh Harris for $6 billion, subject to approval by at least three-quarters of the NFL's owners.
  • Harris' group includes partners such as NBA legend Magic Johnson and billionaire Mitchell Rales, co-founder of conglomerate Danaher.
  • The $6 billion sale price would shatter the previous record for an NFL franchise.
  • The decision comes after years of controversy surrounding Snyder's ownership, including allegations of workplace misconduct and potential financial improprieties.
  • The investment group's purchase of the Commanders would give Harris controlling stakes in major pro sports leagues across the U.S. and Europe.
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