The NFL is engaged in discussions with representatives of Washington Commanders owner Daniel Snyder, and it appears that the next step of the pending sale will be a conditional approval that is atypical in such transactions.
would be contingent upon several issues being resolved, according to those people, who spoke on the condition of anonymity because of the confidentiality of the sale and approval process. They cautioned that the timing of a ratification process arriving in such stages is fluid and depends largely on the progress of the discussions with Snyder’s representatives.
Nonetheless, such conditional approval would represent a significant step toward Harris taking control of the team and Snyder exiting the NFL. The owners are scheduled to meet May 22 and 23 in Minneapolis.The NFL, the Commanders and Harris’s group declined to comment Tuesday. The people familiar with the NFL’s inner workings called the process the league is following in potentially ratifying Harris’s deal unusual. The deviations from the league’s normal procedures are being necessitated by the unique circumstances surrounding Snyder and the Commanders, they said.
Usually, once an owner announces an agreement to sell a franchise, the deal is vetted by the owners on the NFL finance committee, which makes a recommendation to the 32 owners, and a final ratification vote is taken. No preliminary approval is given. When a group led by Walmart heir Rob Walton purchased the Denver Broncos last year from the Pat Bowlen Trust for $4.65 billion, the process took about two months.
In this case, the sale is taking place with Snyder and the Commanders being investigated by the NFL for a second time. Snyder and the team also are facing a federal investigation in the Eastern District of Virginia. The Commanders reached settlements with the attorneys general of D.C. and Maryland over allegations of improperly withholding deposits from ticket holders, without admitting to the allegations. The attorney general in Virginia also is investigating the team.
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