28 August, Wednesday, 2024
No menu items!
HomeSourcesmirror.co.ukWashington Commanders sale finally complete as Magic Johnson's record-breaking deal approved

Washington Commanders sale finally complete as Magic Johnson’s record-breaking deal approved

The Washington Commanders have been officially sold to a consortium led by NBA icon Magic Johnson after a vote from NFL owners approved the sale of the franchise

The sale of the Washington Commanders to a group led by Josh Harris and featuring NBA icon Magic Johnson has been officially approved.

On May 12, it was announced that a deal had been agreed for the NFL franchise to be sold to a consortium led by Johnson. The 12-time NBA All-Star is part of a group that is led by Josh Harris and the Harris group, which has now been officially approved by NFL owners.

Harris is also the co-owner of NBA franchise the Philadelphia 76ers, with the deal first being announced by the Commanders’ now-former owners Dan and Tanya Snyder. It’s been reported that the deal to complete the sale of the NFC East franchise is worth $6 billion.

In the process, the sale has become the most expensive fee for a sports team in history. It comes at the same time that Premier League giants Manchester United are in the process of potentially being sold by the Glazer family.

RELATED ARTICLES

Most Popular

Recent Comments