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Harris group agrees to buy NFL's Washington Commanders from Snyder family

A group led by Josh Harris has agreed to buy the NFL’s Washington Commanders from longtime owner Dan Snyder and his family

Stephen Whyno
Friday 12 May 2023 16:38 EDT

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A group led by Josh Harris has agreed to buy the NFL's Washington Commanders from longtime owner Dan Snyder and his family.

The sides announced the deal in a joint statement Friday, roughly a month after they reached an agreement in principle on the sale for a record $6.05 billion.

The deal is the highest price paid for a North American professional sports franchise. It is still pending approval of three-quarters of owners and other customary closing conditions.

Harris’ group includes Washington-area billionaire Mitchell Rales and basketball Hall of Famer Magic Johnson. Snyder has owned the team since 1999.

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AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL

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