New Update Emerges Regarding Pending Commanders Sale
For the last several months, there have been reports that Daniel Snyder was willing to sell the Washington Commanders after owning them for 20-plus years.
His time in charge of the franchise has been marred by lots of inept play, not to mention scandals and controversy off the field.
A group led by multibillionaire Josh Harris, a private equity investor, has been positioned to purchase the Commanders, but the process has been slow.
Finally, the NFL, according to Mark Maske via Front Office Sports, is expected to resolve its legal issues with Snyder and allow the sale to go through.
The NFL has reached an agreement to resolve all remaining legal issues with Dan Snyder, per @MarkMaske, clearing the way for the $6.05 billion sale of the Commanders to be finalized.
The deal is expected to close officially as soon as Friday. pic.twitter.com/6SHISoIIVB
— Front Office Sports (@FOS) July 17, 2023
A “straw poll” was recently conducted among NFL owners, and they reportedly showed unanimous support for the sale.
Harris is already a majority owner of the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils.
Assuming the sale goes through, it would herald the start of a new era for the Commanders and give them a clean slate moving forward.
Snyder bought the team in 1999 shortly after the death of Jack Kent Cooke, their previous owner, and during that time, they have made the playoffs just six times and have won just two postseason games.
In the 1980s and early-1990s, the franchise was very successful, winning three Super Bowl titles while rarely finishing under .500.
More recently, there have been multiple allegations that under Snyder, employees of the Commanders have been subjected to bullying, intimidation, and even sexual harassment.
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