NFL approves new Commanders owner Josh Harris, initiates exit of Dan Snyder

NFL owners unanimously vote to approve $6.05 billion sale washington commanders From Daniel Snyder to Josh Harris on Thursday at the JW Marriott Hotel in Bloomington, Minn.

Harris, the principal owner of the Philadelphia 76ers and New Jersey Devils, is from Chevy Chase, MD, and outbid several groups to become the owner of the club that Snyder purchased in 1999 for $800 million. The purchase price also included what was then known as Jack. became Kent Cooke Stadium and FedEx Field.

Harris needed a “yes” vote from at least 24 current owners for a formal approval vote of the NFL’s 32 current owners to finalize the sale.

The parties have been given a deadline of August 1 to fully finalize the sale.

Jerry Jones, owner of the Dallas Cowboys, called it a “great day” for the NFL.

commanders Second NFL franchise to change hands in 15 months. The sale of the Denver Broncos was also unanimously approved in April 2022. The Walton-Penner Group paid $4.65 billion to purchase the franchise from the Pat Bowlen estate.

Jim Irsay, owner of the Indianapolis Colts, suggested that the owners could force Snyder’s removal based on the pattern of allegations and investigations regarding behavior or business practices, which attracted the attention of the Washington, D.C., attorney general.

Snyder’s tumultuous and scandalous reign as an owner was also one of the most litigious in league history. More than 50 former employees have accused Snyder of workplace misconduct or sexual harassment.

They settled several lawsuits and agreed to go ahead with the sale of the franchises in November 2022.

Current head coach Ron Rivera described his feelings about the change in ownership as relief, even with potential changes in the front office and decision-making roles under Harris.

“Kind of a relief,” Rivera told USA Today. “It really seemed like a burden had been lifted because everyone had been in trouble for the last few months.”

With the sale of the franchise not all strings attached to Snyder involving NFL business and public relations were cut.

Commissioner Roger Goodell has said the findings of an investigation into Snyder’s alleged wrongdoing, led by former US Attorney Mary Jo White, will be released even if the team is sold. White met with the owners in Minneapolis on Thursday afternoon.

ESPN reported that Snyder’s lawyers informed the owners on Thursday that “unresolved” issues remained before the outgoing owner signed off on information to be made public.

–Field Level Media