Dan Snyder Confirms Commanders Sale To Josh Harris, Magic Johnson
It is official — Dan Snyder is promoting the Washington Commanders … and he is handing over the reins to Philadelphia 76ers proprietor Josh Harris, NBA legend Magic Johnson and David Blitzer.
Either side confirmed the transfer on Friday … asserting they’ve entered a purchase order and sale settlement.
As beforehand reported, the ultimate price ticket for the franchise was $6.05 billion — shattering the file for an American franchise sale.
All NFL house owners will now should vote on the transaction … but it surely’s anticipated to be authorised with out subject.
Dan and Tanya Snyder mentioned they’re each “more than happy” with the result … particularly contemplating Harris is from the realm.
“We stay up for the immediate completion of this transaction and to rooting for Josh and the group within the coming years,” the Snyders mentioned in a press release.
Magic — who additionally has possession within the Los Angeles Dodgers, Sparks and LAFC, additionally addressed the large transfer … saying, “I couldn’t be extra excited to be a accomplice within the proposed new possession group for the Washington Commanders.”
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“Josh Harris has assembled a tremendous group who share a dedication to not solely doing nice issues on the sphere however to creating an actual impression within the DMV neighborhood. I’m so excited to get to work on executing our imaginative and prescient for the Commanders and our loyal fanbase!”
It is an awesome day for Commanders followers — most have been hoping for today for years as Dan’s tenure was riddled with controversy.