The NFL's Washington Commanders are set to have new owners as a group led by Josh Harris, managing partner of the Philadelphia 76ers and New Jersey Devils, agreed to purchase the team from Dan Snyder for $6 billion.
The deal, which includes FedEx Field and the team practice facility, is subject to NFL and regulatory approval.
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Commanders' Winning Culture
Snyder, who has owned the team since 1999, expressed his pleasure at the agreement, saying that he and his wife, Tanya, look forward to the completion of the transaction and to supporting Harris and the team in the future.
Harris, a Maryland native and co-founder of Harris Blitzer Sports & Entertainment, has partnered with Mitch Rales, David Blitzer, and Earvin "Magic" Johnson to form the new ownership group. Johnson expressed his excitement at the prospect of being involved with the team.
The former Lakers player praised Josh Harris for assembling an impressive group of people who share a passion for achieving success on the field and making a significant impact in the DMV community.
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
Harris, who grew up in Chevy Chase, highlighted the Commanders' winning culture and three Super Bowl victories as inspiration for his commitment to delivering a championship-caliber team for the city and its fans. The search for a new stadium, which had been stalled under Snyder's leadership, may now proceed.
While the deal is not yet final, the announcement marks the end of the Dan Snyder era and the beginning of a new era for the Washington Commanders. The team's fans will undoubtedly be watching closely to see how the new owners lead the team on and off the field.
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