NFL owners unanimously approve the $6.05B sale of the Commanders from Snyder to Harris group

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NFL owners unanimously approve the $6.05B sale of the Commanders from Snyder to Harris group
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BREAKING: NFL owners unanimously approved the sale of the Washington Commanders on Thursday from Dan Snyder to a group led by Josh Harris and including Magic Johnson for a record $6.05 billion.

After the finance committee approved the agreement with the new ownership group, Harris Blitzer Sports and Entertainment, a special league meeting was called to consider and vote on it before the 2023 season begins.

“It’s a hallmark day,” Jones said. “I’m excited about the prospects of going into Washington and giving them some capital punishment.” Then there were the problems outside of football, from a feud with minority owners that led Snyder to buy out their shares of the team to allegations of sexual harassment by former employees, which prompted a series of investigations into workplace misconduct. Over and over again, Snyder said he would never sell the team.

Ultimately, that process led to a group chaired by Harris. His investment crew also includes David Blitzer, with whom he co-owns the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils, Washington-area businessman Mitchell Rales and more than a dozen others. The unusually large ownership group needed and received league finance approval for a deal that shattered the $4.35 billion Walmart heir Rob Walton paid last year for the Denver Broncos.

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