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NFL to review Dan Snyder-Josh Harris Commanders sale agreement

Apr
18
4/18/2023 2:24:36 PM
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Although some uncertainty about who exactly will buy the Commanders surfaced this weekend, Josh Harris still looks to be the favorite. The Philadelphia 76ers and New Jersey Devils owner’s bid has been sent to the NFL for review, Sam Robinson of Pro Football Rumors reports.  This according to Sportico.

Harris is believed to have submitted a $6.05 billion bid for Dan Snyder‘s franchise. Former Duke basketball player (and Washington D.C. native) Brian Davis is believed to have come in with an unexpected offer of $7 billion and reported preparations to satisfy Snyder’s request for indemnification, but Harris, who is also a D.C.-area native, is by far the safer choice here.

The NFL vetted Harris during his pursuit of the Broncos last year, and while Rob Walton‘s $4.65 billion bid won out, Harris finished second in that race and is well-regarded by NFL owners. Monday’s development moves this process closer to completion, as Harris is not expected to run into any hurdles in clearing the 24-vote barrier to be approved as the next Commanders owner. Harris’ group also includes NBA legend Magic Johnson and billionaire Mitchell Rales.

Following the review, the next step will be for the league to send the papers back to Snyder and Harris for signatures or ask the parties to amend the agreement. Signatures would put this sale in position for a league vote, potentially as soon as the next round of owners’ meetings — set for May 22-24 in Minneapolis.

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