Washington Commanders: NFL owners approve sale for a record $6.05bn | NFL News
NFL owners unanimously approved the sale of the Washington Commanders to a group led by Dan Snyder and including Magic Johnson for a record $6.05 billion. All 32 team owners voted for the sale, the highest price ever paid for a professional sports team.
Last Updated: 20/07/23 10:33 PM
NFL owners unanimously approved the sale of Dan Snyder to a group led by Josh Harris and including Magic Johnson for a record $6.05 billion to the Washington Commanders.
NFL owners have unanimously approved the $6.05 billion sale of the Washington Commanders franchise to a group led by Josh Harris and including Magic Johnson.
Financial terms of the deal were not disclosed, although reports in April said the agreement was at an NFL-record price of $6.05 billion.
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The group led by Harris, who is managing general partner at Harris Blitzer Sports & Entertainment (HBSE), includes Maryland businessmen Michelle Rawls and Magic Johnson, who won five NBA titles during a Hall of Fame career with the Los Angeles Lakers. .
“Congratulations to Josh Harris and his impressive group of colleagues,” NFL Commissioner Roger Goodell said in a statement.
“Josh will be a great contribution to the NFL. He has a remarkable record in business, sports and in his communities. The diverse group Josh has put together is outstanding for his business acumen and strong Washington ties, and we welcome him to So is the NFL.”
Dallas Cowboys owner Jerry Jones came down the escalator smiling and headed to the meeting room, giving a brief interview to reporters about the impending sale of his team to its division rival.
Jones said, “It’s a typical day.” “I’m excited about the prospect of going to Washington and giving him some death sentences.”
Separately, the NFL also released the findings of an independent investigation into allegations of sexual misconduct and financial irregularities made by former employees of the Commanders.
Due to the findings, outgoing owner Dan Snyder will pay the league $60 million “to settle the findings and resolve all outstanding matters”.
