Washington Commanders sale agreed as Dan and Tanya Snyder accept record $6.05bn bid from Josh Harris group | NFL News

Josh Harris-led group set to buy Washington Commanders for record $6.05 billion as Dan and Tanya Cinder agree to sell; The agreement is subject to NFL approval by a vote of at least 24 of the league’s 32 owners; Harris is the principal owner of the NBA’s Philadelphia 76ers.

Last Updated: 12/05/23 10:50 PM


Washington Commanders owners Dan and Tanya Snyder have agreed to sell the NFL franchise to Josh Harris and his group

Washington Commanders owners Dan and Tanya Snyder have agreed to sell the NFL franchise to Josh Harris and his consortium in a record deal worth $6.05bn.

The parties announced the development in a joint statement on Friday, nearly a month after they reached a deal in principle on the sale, which would be the highest price ever paid for a North American professional sports team.

The agreement is subject to NFL approval by a vote of at least 24 of the league’s 32 owners.

Harris is a managing partner of the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils, and is also a general partner at English Premier League club Crystal Palace.

Harris is a managing partner of the NBA's Philadelphia 76ers and the NHL's New Jersey Devils, and is also a general partner at English Premier League club Crystal Palace.

Harris is a managing partner of the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils, and is also a general partner at English Premier League club Crystal Palace.

His group includes Basketball Hall of Famer Magic Johnson.

Dan and Tanya Snyder said in a statement on Friday: “We are very pleased to have reached an agreement for the sale of the Commanders franchise with Josh Harris, an area native, and his influential group of partners.

“We look forward to the speedy completion of this transaction and to the passion and team for years to come.”

In his statement, Harris said: “On behalf of our entire ownership group – which includes Mitch Rails, my longtime sports business partners David Blitzer and Earvin Magic Johnson, I want to express how excited we are that we are recognized by the NFL.” Consider being the next owner. About the Washington Commanders and how committed we are to delivering a championship-caliber franchise to this city and its fans.

“Growing up at Chevy Chase, I experienced firsthand the excitement around the team, which included three Super Bowl victories and the longstanding winning culture.

“We look forward to receiving formal acknowledgment of our ownership by the NFL in the coming months and the honor of serving as responsible and accountable stewards of the Commanders franchise moving forward.

“We look forward to making significant investments on and off the field to run a world-class organization to achieve excellence and make a lasting and positive impact on the community.”

Basketball legend Johnson tweeted: “I couldn’t be more excited to be a partner in the proposed new ownership group for the Washington Commanders.

“Josh Harris has assembled an amazing group that shares a commitment not only to doing great work on the field, but to making a real impact in the DMV community.

“I am very excited to work on executing our vision for the Commanders and our loyal fan base.”

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