Commanders owners Dan and Tanya Snyder have reached an agreement to sell the team to an ownership group that includes 76ers co-owner Josh Harris, Magic Johnson and Mitchell Rales.
Washington Commanders owners Dan and Tanya Snyder have reached an agreement to sell the team to an ownership group that includes Philadelphia 76ers co-owner Josh Harris, Magic Johnson and Mitchell Rales, the two groups said in a joint announcement Friday afternoon.News4's JP Finlay reported the deal was for $6.
Harris, a billionaire from the private equity world, already owns the 76ers and the NHL’s New Jersey Devils. He is general partner of Crystal Palace, an English soccer club, and has an estimated net worth of $6 billion, according to Forbes. Harris also owns a piece of the Pittsburgh Steelers, which he needs to sell before getting the Commanders, the Associated Press reported.Sign up for NBC Bay Area’s Housing Deconstructed newsletter.
Speaking on behalf of his ownership group, Harris shared:"...I want to express how excited we are to be considered by the NFL to be the next owners of the Washington Commanders and how committed we are to delivering a championship-caliber franchise for this city and its fanbase."Friday afternoon:"I could not be more excited to be a partner in the proposed new ownership group for the Washington Commanders.
Josh Harris on buying the Commanders: “We look forward to running a world-class organization and making significant investments on and off the field to achieve excellence and have a lasting and positive impact on the community.”
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