NFL’s Washington Commanders sell for a record $6 billion

NFL’s Washington Commanders sell for a record $6 billion


Dan Snyder has agreed to market the NFL’s Washington Commanders to a team led by Apollo World-wide Administration Inc. co-founder Josh Harris.

In a joint assertion, Snyder confirmed that Harris, alongside with minority proprietors which include billionaire Mitch Rales, Blackstone Inc. government David Blitzer, former Google CEO Eric Schmidt, and NBA legend Earvin “Magic” Johnson, would receive the soccer workforce. 

The offer is valued at $6 billion, Bloomberg previously claimed, which would be a file for a US skilled athletics franchise. The assertion did not specify a value. 

“We are really pleased to have achieved an arrangement for the sale of the Commanders franchise with Josh Harris, an spot indigenous, and his spectacular group of associates,” Snyder and his wife Tanya reported in the statement.

Other associates of the Harris-led possession group include Lee Ainslie, founder of Maverick Cash, and the billionaire Santo Domingo family, according to the statement.

The consortium is dedicated to “delivering a championship-caliber franchise for this town and its fanbase,” Harris, 58, mentioned in the assertion. He’s really worth an estimated $7.6 billion, according to the Bloomberg Billionaires Index.

Harris provides the Commanders to his portfolio of sports activities holdings. By way of Harris Blitzer Sporting activities & Enjoyment, the duo have stakes in the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils. 

Individually, they also very own stakes in Crystal Palace FC of the English Premier League and the NFL’s Pittsburgh Steelers. After the Commanders buy is finalized, they will have to promote the latter.


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