Per Sportico, Commanders owner Dan Snyder and the Harris group — which includes billionaire Mitchell Rales and NBA legend Earvin “Magic” Johnson — are hoping…
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In connection with the HBSE portfolio, Harris is managing partner of the 76ers, National Hockey League’s New Jersey Devils and a general partner at Premier League soccer club Crystal Palace. Snyder bought the Washington franchise in 1999 for $800 million and his ownership of the club has come under pressure amid investigations by the NFL and Congress into the team’s workplace culture and potential financial improprieties.
The Commanders said last November that Snyder would explore a potential sale of the team, one of the NFL’s marquee sides, which was ranked by Forbes in 2022 as the league’s sixth-most valuable franchise at $5.6 billion.
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