Dan Snyder has officially agreed to sell the Washington Commanders to a group led by Josh Harris.
The deal needs the approval of the other NFL owners. Twenty-four of them must approve it before it is final.
The new ownership group includes Harris, his longtime business partner David Blitzer and NBA legend Magic Johnson.
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«I want to express how excited we are to be considered by the NFL as the next owners of the Washington Commanders and how committed we are to delivering a championship-caliber franchise to this city and its fan base,» Harris said in a statement. . Friday.
«Growing up at Chevy Chase, I experienced the excitement around the team firsthand, including its three Super Bowl victories and long-term winning culture. We look forward to…the honor of serving as responsible and accountable stewards of the Commanders franchise in the future.»
«We are very pleased to have reached an agreement for the sale of the Commanders franchise with area native Josh Harris and his impressive group of partners,» Dan and Tanya Snyder said in a statement. «We look forward to the speedy completion of this transaction and look forward to Josh and the team for years to come.»
THE JAGUARS MAY BE FORCED TO PLAY ELSEWHERE WHILE THE STADIUM IS RENOVATED.
Snyder has come under fire in recent years and has faced pressure to sell the team. The team changed its original moniker following race riots in 2020, and the organization was fined $10 million following an investigation into alleged workplace misconduct.
Congress began investigating the team in October 2021 when allegations of sexual harassment and workplace misconduct surfaced after Las Vegas Raiders head coach Jon Gruden resigned following leaked emails with then-chairman of the command team, Bruce Allen.
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Reports of the sale said the team would sell for around $6 billion.
Harris also owns the New Jersey Devils and the Philadelphia 76ers.