A normal view of followers in entrance of the Washington Commanders emblem throughout the first half of the sport between the Washington Commanders and the Philadelphia Eagles at FedExField on September 25, 2022 in Landover, Maryland.
Scott Taetsch | Getty Images
The NFL’s Washington Commanders entered right into a deal to be offered to a consortium led by private-equity financier {and professional} sports activities crew proprietor Josh Harris, the perimeters introduced Friday.
The deal comes months after crew proprietor Dan Snyder employed funding bankers to discover a sale of the crew, CNBC beforehand reported.
The deal is valued at roughly $6 billion, based on an individual conversant in the matter. It remains to be topic to the NFL’s approval.
Snyder wasn’t being compelled to promote the crew regardless of the stress that had not too long ago mounted to have him eliminated as proprietor. Snyder and the Commanders have been the themes of latest probes by each the House Oversight Committee and the NFL for sexual harassment and monetary misconduct.
In addition to Harris, who’s a majority proprietor of the NBA’s Philadelphia Sixers and NHL’s New Jersey Devils, is partnering with NBA legend Magic Johnson and Mitch Rales, a longtime business associate.
“I want to express how excited we are to be considered by the NFL to be the next owners of the Washington Commanders and how committed we are to delivering a championship-caliber franchise for this city and its fanbase,” Harris stated in an announcement on Friday.
This is breaking news. Please verify again for updates.
Source: www.cnbc.com