The novel is coming to an end and Dan Snyder took a breath that took a weight off his shoulders, because says the nfl that there is already an agreement to sell the Commanders and Josh Harris (plus a group of investors) would be the new owner.
Since a few months ago, there was talk of the possibility of Dan Snyder selling the CommandersIn fact, there were even some interested in the team, who just stayed there.
Peeeeeeeero, the months passed and nothing materialized. Dan Snyder already wanted to get rid of the Washington team and the rest of the NFL owners did not want to see Snyder as owner anymore.
The reason? Endless scandals that shook the franchise and really to the entire NFL, some quite unfortunate and for which Snydercito had to pay million-dollar fines.
Unfortunately for the Commanders, things are in a tailspin, because the players have rated the team poorly in treatment and facilities and the exit from the hole they find themselves in is a bit far, but at least, they would already have a new owner and new hope in Josh Harris.
Josh Harris would be nothing short of owning the Commanders, along with his investors
According to Washington Post, a series of investors led by Josh Harris, would have reached an agreement since January with Dan Snyder for the sale of the Commanders.
And well, the amount they would pay for Dan Snyder to agree to the sale is six billion dollars… a little thing of nothing.
Basically, the agreement in principle between the Commanders board and Josh Harris is now official, confirmed by both parties to the transaction… what’s missing?
Said agreement confirmed, would be subject to NFL approval with a vote of at least three-fourths (or 24 owners) of the 32 owners of the league and after this, Josh Harris would be the new owner of the Commanders.
Great deal for Dan Snyder, right? Because the almost assured sale for six billion dollars of the Commanders, would mean a pretty good profit, since in 1999 bought the franchise for 800 million dollars.
The group of investors that accompanies Harris and his capital to enter the Commanders as a new owner
Harris and that group of investors that they are nothing away from taking over the Commanders, is made up of two people. One is Mitchell Rales and the other is ‘Magic’ Johnson, legend of the Lakers and the NBA.
First we go with Josh Harris and his CV, almost like in an interview. He is a person who is very into sports, because He owns the Philadelphia 76ers in the NBA and the New Jersey Devils in the NHLfor what of sports, he knows.
His fortune was achieved thanks to his work as co-founder of the investment firm Apollo Global Managementso, money is not lacking.
Mitchell Rales, one of the investors, doesn’t like being in the media so much, but that does not mean that he does not have the capital for the operation of the Commanders.
He is co-founder of Danaher Corporation, a company dedicated to science and technology, which has helped you to have an estate –according to Forbes– of five thousand 700 million dollars.
