FILE – Philadelphia 76ers owner Josh Harris speaks with members of the media during a news conference at the NBA basketball team’s practice facility in Camden, N.J., Tuesday, May 14, 2019. Two people with knowledge of the situation tells The Associated Press a group led by Josh Harris and Mitchell Rales has submitted a fully financed bid for the NFL’s Washington Commanders. The Harris/Rales group, which includes basketball Hall of Famer Magic Johnson, is one of multiple bidders involved in the sale process .(AP Photo/Matt Rourke, File)
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The Dan Snyder era in the nation’s capital appears to be drawing to a close.
Current New Jersey Devils and Philadelphia 76ers owner Josh Harris is part of a group that has reached an agreement with Snyder for the sale of the Washington Commanders – as first reported by Sportico Thursday afternoon. Among the group are NBA Hall-of-Famer Magic Johnson, and billionaire Mitchell Rales. The sale is expected to be worth close to $6 billion.
Snyder bought the team in 1999 from the Jack Kent Cooke estate at a time when the former D.C. powerhouse was the second most valuable franchise in the NFL. Since then, however, the newly-named Commanders have gone 164–220–2 with a post-season record of 2-6 during Snyder’s tenure while recycling quarterbacks, head coaches, and front-office executives. It wasn’t until recent years that speculation about Snyder’s dealings within the organization came to light. In 2020 the Washington Post unearthed accusations from over 40 women that had been sexually harassed within the organization. Since then, the Commanders and Snyder have been investigated by the House Oversight Committee for Financial improprieties.
This is now the third team along the East Coast that Harris has been a part of purchasing since 2010. The Devils and 76ers are the two main teams he is a leading partner under. He is also a minority owner of the Pittsburgh Steelers but NFL rules will force him to…
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