Over the past few months, the Washington Commanders franchise has been in a state of limbo as team owner Dan Snyder considered selling the team. And while it’s taken several months for a potential buyer to finally emerge, it looks like a deal has finally been made.
According to a report from Sportico on Thursday afternoon, Dan Snyder has reached “an agreement in principle” to sell the team to a group led by Josh Harris, who currently co-owns the Philadelphia 76ers.
“EXCLUSIVE: Dan Snyder has reached an agreement in principle to sell the @Commanders for $6 billion to a group led by Philadelphia 76ers co-owner Josh Harris. Harris’ group, includes billionaire Mitchell Rales and former NBA star @MagicJohnson,” Sportico said in a tweet. “Josh Harris and Dan Snyder are hoping to execute a contract in the coming days. If a deal is reached, it will be the highest price ever paid for a sports team, eclipsing the $4.6B that Rob Walton paid for the NFL’s Denver Broncos last year.”
It’s absolutely massive news, and the NFL world had plenty to say about it on social media.
Dan Snyder is selling the team. My fellow Americans, our long national nightmare is over. https://t.co/32LV9Y1pdA
— Michael David Smith (@MichaelDavSmith) April 13, 2023
D.C. about to have a parade. Love to see it, hope the Commanders can be competitive again https://t.co/zftXnWXnqH
— Brad Spielberger, Esq. (@PFF_Brad) April 13, 2023
Seems significant. https://t.co/OggowZbog8
— Spotrac (@spotrac) April 13, 2023
We’ll have to see how long it takes the move to become official. But this is certainly a sizable development.
[Sportico]