Dan and Tanya Snyder have finalized an agreement with 76ers and Devils owner co-owner Josh Harris to sell the Commanders, the team announced on Friday.
Harris and his business partners—that include NBA legend Magic Johnson and David Blitzer of Harris Blitzer Sports & Entertainment—reportedly purchased the team for $6.05 billion, according to ESPN. That tops the highest record sale for an NFL team that was previously set by the Broncos in June 2022 when the franchise was sold to Rob Walton—the billionaire heir to superstore chain Walmart—Carrie Walton Penner and Greg Penner.
The deal is pending the league’s approval—which is expected to take place at the NFL’s owners meeting on May 22 in Minnesota—as well as the completion of the necessary closing conditions, per the team’s statement. The arrangement in the sale will also include FedEx Field as well as the Commanders practice facility.
