Josh Harris reached a sale agreement for the Washington Commanders.
The parties unveiled a joint announcement on the sale. Harris submitted a record-shattering $6.05 billion bid for the franchise in late March. After Harris raised his bid in April, the NFL began reviewing it. Although some hiccups emerged, it does not appear they will deter Snyder from selling. Once NFL owners approve of the sale — as they have long been expected to — the Commanders will be transferred to Harris’ ownership group.
The next round of owners’ meetings is set for May 22-24 in Minneapolis. This would represent the first opportunity for the owners to approve Harris. Since his 2022 ownership group finished second in the Broncos sweepstakes, Harris has been vetted by the league. Reaching the necessary 24-vote threshold is not believed to be an issue here. Friday’s announcement makes it all but certain the Commanders will have a new owner by the start of the 2023 season.
JUST IN: The Snyder era is over.
The Washington Commanders have entered into a purchase and sale agreement with Josh Harris, partners…https://t.co/FerR3OPXqQ pic.twitter.com/IOuMzjxXTK
— Outsider (@outsider) May 12, 2023