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The Commanders are lastly altering possession. At this level, it is a matter of when.
Per Sportico, Dan Snyder has agreed to promote the franchise for $6 billion to a bunch led by Philadelphia 76ers co-owner Josh Harris, and together with NBA Corridor of Famer Magic Johnson.
NFL insider Ian Rapoport stated a deal hasn’t been submitted and permitted, however that “it’s getting nearer.”
In 2020, Harris and enterprise companion David Blitzer acquired a $140M stake within the Pittsburgh Steelers, which he might want to promote as a part of the transaction to purchase the Commanders.
He is additionally the proprietor of the NHL’s New Jersey Devils. Johnson has possession stakes in MLB’s LA Dodgers, Los Angeles F.C. of the MLS and the WNBA’s LA Sparks.
The sale cannot come a second too quickly with Snyder in a category with Donald Sterling, Jerry Richardson and Robert Sarver (to call a couple of) as one of many worst house owners in skilled sports activities historical past. He is been the topic of a number of
investigations
and lawsuits, confronted allegations of fraud
and sexual harassment, and was fined $10M as he is overseen the downfall of a once-proud franchise.
Harris was a part of a bunch that bought the Sixers in 2011, coincidentally from Ed Snider. Two years into his run as proprietor, the group underwent “The Course of,” the place the group was shameless in fielding horrible groups, a transfer which in hindsight labored fairly properly.
4 dreadful seasons from 2013-14 via 2016-17 led to 6 consecutive playoff appearances and 4 50-win seasons, together with a 54-28 document this season, one of the best below Harris’ possession.
Washington is projected to be the worst staff in soccer in 2023 per Mike Clay’s not too long ago launched projections for the season and an analogous teardown might be so as in DC.
Everyone knows the franchise wants a recent begin.
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