Sale of Washington Commanders: Key Details
All NFL Owners Unanimously Approve Sale of Washington Commanders
All NFL owners have voted unanimously to approve a historic deal that will see the Washington Commanders sold to a group led by billionaire Josh Harris. This exciting development paves the way for a new era for the beloved football team in the Washington, D.C., area.
What is the Deal?
The deal, valued at a staggering $6.05 billion, transfers ownership of the Commanders from Dan Snyder to an ownership group led by Harris. Once finalized in the coming weeks, Harris will assume the role of Commanders managing partner. This deal marks the largest sale price ever for an NFL team, surpassing the previous record set by the Denver Broncos in 2022.
What Are People Saying?
Harris has assured Commanders fans that his “top priority” is to deliver a championship-caliber team to the Washington metropolitan area. In a heartfelt statement, he expressed his deep connection to the team and his commitment to creating a franchise that fans can be proud of.
“From day one, it is our top priority to deliver you a championship caliber team, and we will strive every day to ensure that we are a franchise you can be proud of. To Commanders fans everywhere, our promise is simple: we will do the work, create the culture and make the investment needed to deliver for this team and for Washington,”
NBA legend Magic Johnson, who will be part of the ownership group led by Harris, expressed his excitement and gratitude for the opportunity to co-own the Washington Commanders. He described it as an answered prayer and emphasized the commitment of the ownership team to the community and the fanbase.
“I’m especially thankful to Josh Harris who allowed me to be one of his partners with the Commanders. He is an amazing man, great friend, incredible businessman, proven owner and winner with the Philadelphia 76ers. Josh and his team have been first class throughout this entire process. Our ownership team is committed to the D.C., Maryland, and Virginia community and fanbase to bring a winning team and best in class organization,”
NFL Commissioner Roger Goodell praised Harris as a valuable addition to the NFL, highlighting his track record in business, sports, and community involvement. Goodell expressed confidence in Harris’ commitment to winning on the field and running an organization that everyone can be proud of.
“Congratulations to Josh Harris and his impressive group of partners. Josh will be a great addition to the NFL. He has a remarkable record in business, sports, and in his communities. The diverse group that Josh has put together is outstanding for its business acumen and strong Washington ties, and we welcome them to the NFL as well,”
Latest on the Investigation into Dan Snyder
In addition to the sale approval, the NFL has also released the findings of its investigation into alleged misconduct and financial improprieties within the Commanders organization. The investigation, led by former U.S. Attorney Mary Jo White, confirmed allegations of sexual harassment and deliberate underreporting of NFL revenues.
As a result, outgoing owner Dan Snyder has been fined a staggering $60 million by the NFL. Commissioner Goodell condemned the substantiated conduct and emphasized the league’s commitment to safe, respectful, and professional workplaces.
“The conduct substantiated in Ms. White’s findings has no place in the NFL. We strive for workplaces that are safe, respectful, and professional. What Ms. Johnston experienced is inappropriate and contrary to the NFL’s values,”
With the sale nearing its finalization and the Commanders under new ownership, fans can look forward to an exciting future for their beloved team.
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