The Washington Commanders and a group led by Josh Harris jointly announced Friday that they have reached an agreement for the sale of the team.
Commanders’ co-owners Tanya and Dan Snyder said in statement, “We look forward to the prompt completion of this transaction and to rooting for Josh and the team in the coming years.”
Statement from Commanders Co-Owners Tanya and Dan Snyder pic.twitter.com/uW8UTOgfsU
— Washington Commanders (@Commanders) May 12, 2023
Josh Harris, who grew up in Chevy Chase and owns the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils, is the leader of the ownership group which would have close to 20 investors including Mitchell Rales, co-founder of Danaher and founder of Glenstone Museum in Potomac and NBA Hall of Famer Magic Johnson.
I could not be more excited to be a partner in the proposed new ownership group for the Washington Commanders. Josh Harris has assembled an amazing group who share a commitment to not only doing great things on the field but to making a real impact in the DMV community. I’m so…
— Earvin Magic Johnson (@MagicJohnson) May 12, 2023
Another investor, Mark Ein, said on Twitter: “Honor of a lifetime to partner with Josh Harris, one of my best lifelong friends from when we first met in kindergarten at Rollingwood Elementary School in Chevy Chase, MD, and another dear friend Mitch Rales to buy our hometown team – the Commanders. Can’t wait to help make the team as beloved throughout our DMV community as it was when i had my best childhood memories going to games with my dad as a little boy.”
Honor of a lifetime to partner with Josh Harris, one of my best lifelong friends from when we first met in kindergarten at Rollingwood Elementary School in Chevy Chase, MD, and another dear friend Mitch Rales to buy our hometown team – the @Commanders. Can’t wait to help make… pic.twitter.com/oz7vyGM6D6
— Mark Ein (@Markein) May 12, 2023
The sale price for the Commanders, $6.05 billion, would be an all-time record for an NFL franchise.
The sale awaits approval from NFL owners. That could potentially happen at the next owners meetings which are scheduled for May 22-24 in Minneapolis. 24 of 32 NFL owners would have to approve the sale to make it official.
