Sports business mogul Josh Harris has submitted a bid of $6.05 billion to acquire the Washington Commanders, bringing the team a step closer to a new era under new ownership. The sale will have to be approved by the NFL’s finance committee and at least three-fourths of the league’s 32 owners, with the owners set to meet in Minneapolis next month for their annual Spring League Meeting. Harris is the co-owner of the NHL’s New Jersey Devils and NBA’s Philadelphia 76ers, as well as a minority owner of the Pittsburgh Steelers, and has joined forces with NBA legend Magic Johnson and businessman Mitchell Rales in his investment group. The Snyders have owned the Washington Commanders for the past 24 years, but with the team currently being subject to three different investigations, it seems like a sale was the safest move. Despite a report of a $7 billion bid by former NBA player Brian Davis, there is still no word on why he hasn’t been considered as a legit bidder for the team, considering he is willing to pay way more money than Harris and his group.
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