Sun, 10 Dec 2023

Report: Dan Snyder gets $6B offers for Commanders

Field Level Media
29 Mar 2023, 04:40 GMT+10

Washington Commanders owner Dan Snyder received a pair of $6 billion offers, one from an investment group led by Josh Harris and Mitchell Rales and the other from Canadian billionaire Steve Apostolopoulos, ESPN reported Tuesday.

The price tag would smash the previous record sale for a U.S. sports franchise, set last August when Walmart heir Rob Walton purchased the Denver Broncos for $4.65 billion.

Houston Rockets owner Tilman Fertitta is also in the mix to purchase the club Snyder has owned since 1999.

Harris and Rales have net worths of $5.8 and $5.5 billion, respectively, according to Forbes. Harris is the principal owner of the Philadelphia 76ers and New Jersey Devils.

The Harris/Rales group includes NBA legend Magic Johnson.

--Field Level Media

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