The announcement has been made that Dan Snyder has agreed to sell the team to a group led by Josh Harris.
The Washington Commanders will be sold to a group headed by Josh Harris, as Dan Snyder has given his official agreement.
It needs the approval of twenty-four individuals to become final.
The recently formed ownership team comprises of Harris, his business partner of many years, David Blitzer, and the renowned NBA player, Magic Johnson.
In a statement released on Friday, Harris expressed his excitement and commitment to delivering a championship-level franchise for the city and its fans, as the NFL considers them as potential owners of the Washington Commanders. For more sports coverage, click on the link provided on FOXNEWS.COM.
As a child living in Chevy Chase, I personally witnessed the enthusiasm surrounding the team, which achieved three Super Bowl wins and established a culture of consistent success.
The Snyders expressed their excitement about being responsible and accountable stewards of the Commanders franchise in the future. They also announced their satisfaction with the sale of the franchise to Josh Harris and his group of partners, who are from the local area.
We anticipate the timely conclusion of this deal and are excited to support Josh and the team in the upcoming years. Due to stadium renovations, the Jaguars may have to play in a different location. Snyder has faced criticism and demands to relinquish ownership of the team.
After experiencing racial turmoil in 2020, the team decided to alter their initial nickname. Additionally, the organization was penalized $10 million after an inquiry into purported workplace impropriety.
In October 2021, Congress initiated an investigation into the team due to accusations of sexual harassment and inappropriate behavior in the workplace. This came after the resignation of Las Vegas Raiders head coach Jon Gruden, following the release of emails with then-Commanders team President Bruce Allen. It has been reported that the team is expected to be sold for approximately $6 billion. Click here to access the Fox News app.
The New Jersey Devils and Philadelphia 76ers are also owned by Harris.