The Washington Commanders’ sale has been in the works for a while, but it appears that it will now finally go through and a new owner will take over the team.
For two significant events, Dan Synders’ ownership was questioned. Making a hostile work environment within the company is the first, and sexual harassment of female employees is the second. After Tiffani Johnston, a female employee, accused Dan of touching and harassing her in an inappropriate manner during a work dinner, the case of sexual harassment became more outspoken.
The team “Commanders” is ready to see a new owner
After a protracted and contentious period, the former owner reportedly has a deal to sell the team to Josh Harris’ investment group, announced on Friday. The $6 billion franchise purchase deal was reached by the investment group headed by Harris, Mitchell Rales, and Magic Johnson. The transaction will be the most expensive in professional sports history once it is completed. Both Synder and his wife Tanya are enthusiastic about the deal and eagerly anticipating the swift conclusion of all procedures.
NEWS: Dan Snyder has agreed to sell the Washington Commanders.
The group includes billionaire Mitchell Rales and Magic Johnson pic.twitter.com/zN5XqgAEmW
— Action Network (@ActionNetworkHQ) April 13, 2023
“We are very pleased to have reached an agreement for the sale of the Commanders franchise with Josh Harris, an area native, and his impressive group of partners,” they said in a statement. “We look forward to the prompt completion of this transaction and to rooting for Josh and the team in the coming years.”
The co-founder of Harris Blitzer Sports & Entertainment was well-positioned to acquire Commanders, and now his long-held goal of acquiring an NFL team will come true. The NFL Finance Committee is worried about a few aspects of the deal, though.
They had concerns about the agreement’s complexity and the unusually high number of limited partners involved in the financing. NFL owners must still approve the sale of the Commanders, even though all the worries have since subsided and he will eventually own the team.
“We look forward to the formal approval of our ownership by the NFL in the months ahead and to having the honor to serve as responsible and accountable stewards of the Commanders franchise moving forward,” Harris said. “We look forward to running a world-class organization and making significant investments on and off the field to achieve excellence and have a lasting and positive impact on the community.”
NFL fans can’t wait to see the next installment of the Commanders with Harris group and put the worst and most egotistic owner in NFL history behind them.
