PHOENIX — The process of finding a new owner for the Washington Commanders has entered a new phase.
According to multiple reports, a group led by Josh Harris and Mitchell Rales — and including Lakers legend Magic Johnson — has submitted a fully financed bid for the franchise, now owned by the embattled Daniel Snyder. ESPN, citing an unnamed source, has reported the group has met Snyder's $6 billion asking price.
ESPN also is reporting that Canadian developer Steve Apostolopoulos has submitted a bid of $6 billion.