Dan Snyder’s beleaguered tenure owning the Washington Commanders appears to be nearing the finish line.
An “agreement in principle” has been reached for a $6 billion sale from Snyder to a group including Wall Street titan Josh Harris, defense contracting billionaire Mitchell Rales and NBA legend Magic Johnson, according to the sports business trade publication Sportico.
EXCLUSIVE: Dan Snyder has reached an agreement in principle to sell the @Commanders for $6 billion to a group led by Philadelphia 76ers co-owner Josh Harris
Harris’ group, includes billionaire Mitchell Rales and former NBA star @MagicJohnson pic.twitter.com/ZIWKqeqtmN
— Sportico (@Sportico) April 13, 2023
𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: #Commanders owner Dan Snyder has reached an agreement in principle to sell the team for $6 billion.
The group is led by #76ers co-owner Josh Harris and includes former NBA star Magic Johnson (via @Sportico)https://t.co/bhZiGnN29h pic.twitter.com/L8tXstGbl8
— Dov Kleiman (@NFL_DovKleiman) April 13, 2023