• Loading stock data...
Friday, August 15, 2025
Stephen A. Smith vs Clay Travis at Tuned In on September 16 in NYC. Don’t miss it. Buy tickets now!

Josh Harris’ Commanders Purchase Is Official

  • Harris’ $6.05 billion purchase officially closed Friday, a day after NFL owners approved the deal.
  • Harris was joined by Magic Johnson and other co-owners at a fan event at FedEx Field.
Josh Harris
Washington Commanders

Not long before Josh Harris took the stage for his introductory news conference at FedEx Field on Friday, his purchase of the Washington Commanders officially closed.

Harris’ $6.05 billion acquisition was unanimously approved by NFL owners on Thursday, a vote that sent the D.C. area into celebration after 24 years under Dan Snyder, an era that saw one of the league’s marquee franchises slide into mediocrity and tumult.

“This is not going to be easy,” Harris said. “My job is to deliver an organization that can win. It’s on me and it’s on us up here. Our work begins today.”

Harris put together what could be the most complex bid in NFL history to purchase his childhood team at a world-record price for a sports team.

“I invest to win, and we want to change everything that has happened to this franchise,” said Magic Johnson, who joined some of his fellow co-owners on stage.

Earlier in the day, Johnson told NBC that “everything’s on the table” when asked about changing the team name, one of the many divisive decisions Snyder foisted on fans. Harris said a name change isn’t among the top priorities “right now.”

Harris also didn’t give any hints on his plans for a new stadium, something on which Snyder was unable to make headway as he and his now-former team became the target of multiple investigations.

One of those ongoing probes closed Thursday, when the NFL announced that it’s slapping a $60 million fine on Snyder as the latest league investigation corroborated allegations of sexual harassment and holding back revenue.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NFL Preseason Week 1 Delivers Record Audience for NFL Network

The channel averaged 2.1 million viewers for its eight live telecasts.
Jan 13, 2025; Glendale, AZ, USA; Minnesota Vikings defensive coordinator Brian Flores against the Los Angeles Rams during an NFC wild card game at State Farm Stadium.

Brian Flores Discrimination Suit Against NFL Can Go to Trial, Court Says

An appeals court ruled the NFL cannot compel Flores into arbitration.
Nov 30, 2017; Arlington, TX, USA; General overall view of the Dallas Cowboys logo at midfield during an NFL football game between the Washington Redskins and the Cowboys at AT&T Stadium.

Arlington Pays Off Its Cowboys Stadium Debt 10 Years Early

Another major NFL venue retires its public debt far ahead of schedule.
Cincinnati Bearcats quarterback Brendan Sorsby (2) attempts to gain possession of the ball against West Virginia Mountaineers players in the second quarter of a college football game between the Cincinnati Bearcats and West Virginia Mountaineers, Saturday, Nov. 9, 2024, at Nippert Stadium in Cincinnati.

Power 4’s Next Era: Will Player Availability Reports Fuel Betting Ties?

The Big 12 became the final Power 4 conference to require injury reports.

Featured Today

Middle Tennessee wide receiver Cam'ron Lacy (86) catches a pass and carries the ball during the season final home football game against New Mexico State on Saturday, Nov. 23, 2024.

How Middle Tennessee State Added $668,000 to Its NIL Budget

The Blue Raiders are creating a new blueprint for cutting costs.
Bridgewater American 12U Little League player Micah Poulter holds a District 7 pin during a send-off rally to the New England regional tournament in Bristol, Connecticut, from Legion Field on Friday, August 2, 2024.
August 14, 2025

Inside the Little League World Series Pin Trade

The rare little collectibles fuel a frenzy in Williamsport each summer.
Schultz of Israel-Premier Tech
August 12, 2025

Rice Krispies Treats Are Upending the Billion-Dollar Athlete-Fuel Wars

The world’s most elite athletes are eating like first graders.
Dec 14, 2019; Philadelphia, PA, USA; President Donald Trump wave during the second quarter of the game between the Navy Midshipmen and the Army Black Knights at Lincoln Financial Field
August 9, 2025

‘Political Gold’: Trump Putting His Stamp on College Sports 

Trump has embraced executive action on hot-button college sports issues.

American Celebs Want to Be Sports Owners. Soccer Is Where They Start

As U.S. team prices climb, investors set their sights abroad.
June 24, 2025

Timberwolves’ 4-Year Ownership Saga Ends As A-Rod, Lore Take Over

The unanimous approval brought a clean end to a long-disputed transaction.
Apr 26, 2025; San Francisco, California, USA; Houston Rockets guard Fred VanVleet (5) before game three of first round for the 2024 NBA Playoffs against the Golden State Warriors at Chase Center.
June 25, 2025

Rockets Get $20 Million in Wiggle Room From New VanVleet Deal

VanVleet first signed with the Rockets in 2023.
Sponsored

‘Run With the Competition’: Ultra Trail Runner Lotti Brinks Is Back With..

Ultrarunner Lotti Brinks is ready to make her first Courmayeur-Champex-Chamonix podium in her HOKA Mafate 5s.
April 20, 2025

Max Verstappen Linked to $300M Aston Martin Deal Ahead of Miami GP

Aston Martin is currently seventh in the constructors championship.
March 27, 2025

Peyton Manning’s Omaha Productions Gets PE Boost

The Hall of Famer’s company gains another prominent backer.
March 20, 2025

High School Sports Power Signs Eight-Figure Rights Deal in First

The deal pays roughly $1 million annually, FOS has learned.
March 20, 2025

Maxx Crosby’s Agent: Edge Rushers Set to Dominate NFL’s Non-QB Market

Maxx Crosby just signed a three-year, $106.5 million extension.