• Loading stock data...
Wednesday, May 8, 2024

Commanders Sale ‘Almost to the End’

  • Josh Harris’ tentative agreement to purchase the Commanders for $6.05 billion is currently being vetted by the NFL.
  • A full ownership vote could be scheduled at that time for the next NFL owners meeting in Minnesota on May 22.
Commanders sale near an end.
Denny Medley/USA TODAY Sports

Commissioner Roger Goodell said before the start of the NFL Draft that “progress is being made” in the Washington Commanders sale. Team president Jason Wright said, “We are almost to the end of it.”

In any event, all signs point to the 2023 NFL Draft being the last with Dan Snyder as owner of the franchise — and Snyder, normally among the most hands-on owners over the last two decades, wasn’t involved much, if at all, in the team’s selections. 

Josh Harris’ tentative agreement to purchase the Commanders for $6.05 billion is currently being vetted by the NFL, a practice typically done after the official announcement and new ownership’s submission of its application to the league office. 

Sources told Front Office Sports that Harris’ bid is being treated as if the sale agreement were final.

When a new ownership agreement is submitted, league staffers — sometimes with the help of an outside firm — conduct financial and criminal background checks of the would-be controlling owner and any limited partners. 

Billionaire industrial firm co-founder Mitchell Rales, Magic Johnson, and security firm exec Mark Ein are among the limited partners in Harris’ group, and sources told FOS previously that there will likely be at least nine others. 

According to sources, the review is expected to conclude ahead of a regularly scheduled meeting of the NFL finance committee on May 10. Minus any setbacks, a full ownership vote could be scheduled at that time for the next NFL owners meeting in Minnesota on May 22.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NFL’s Christmas Games Could Be Holding Up Schedule-Release Bonanza

The news of two holiday games didn’t break until late March.

ESPN Narrowly Avoids Disaster on Hurricanes-Rangers Broadcast

The network briefly switched playoff games in crunch time of Canes-Rangers.

NASCAR’s Media-Rights Deals Worth $7B. But Who Will Air Which Races?

Finding the right balance has become a heavy area of focus internally.

Formula E, F1’s Electric Counterpart, Wants Three U.S. Races. Is It Possible?

The electric racing series is finalizing its 2025 schedule.
podcast thumbnail mobile
Front Office Sports Today

Sir Charles Could Be Hot Free Agent if TNT Loses NBA

0:00
0:00

Featured Today

May 6, 2023; Miami Gardens, Florida, USA; Red Bull driver Max Verstappen (1) of the Netherlands walks through the garage area following qualifying for the Miami Grand Prix at Miami International Autodrome.

Max Verstappen Is Unstoppable. Is That Hurting F1 With New American Fans?

Formula One could be facing an inevitable plateau in the United States.
Apr 17, 2024; Tempe, Arizona, USA; Arizona Coyotes left wing Lawson Crouse (67) celebrates after scoring a goal during the third period against the Edmonton Oilers at Mullett Arena.
May 4, 2024

Everything to Know About the Coyotes’ Second Chance at NHL Life

The clock is ticking in order to restart a Phoenix expansion team.
April 28, 2024

Just Like We Drew It Up? Stadium Renderings Can Excite, Confound, and Anger

During a historic wave of development, drawings wield more power than ever.
The scene in the green room behind the NFL Draft Theater in Detroit on Tuesday, April 23, 2024. Thirteen college players who will be picked in the first round will be waiting in this large room with friends, family, agents and college coaches on Thursday night.
April 27, 2024

More NFL Draft Prospects Are Staying Home, and TV Networks Are Adjusting

Whether making or missing out on millions, more prospects are staying home.

Careers

Powered By

Careers in Sports

Looking for a new job? Check out these featured listings and search for openings all over the world.
Live Nation
Multiple - USA Careers
Adidas
Multiple - USA Careers
FanDuel
Multiple - USA Careers

Potential Everton Buyer Accused of Enormous Fraud in Lawsuit

Miami-based 777 Partners faces its biggest legal blow yet.
April 22, 2024

Apple Reportedly Close To Winning Broadcast Rights for Club World Cup

Apple’s deal would be FIFA’s first single worldwide broadcast contract.
April 23, 2024

Caitlin Clark’s Nike Deal Reportedly Worth $28 Million Over Eight Years

The deal would become the largest for a women’s basketball player.
Sponsored

Rapid Returns: How Technology Is Getting You Back to Your Seat

How Oracle’s POS technology is helping fans get back to their seats faster.
April 19, 2024

Memphis and FedEx Strike Unique Corporate NIL Deal For $25 Million

The logistics company has a long-standing relationship with the university.
April 18, 2024

NBA Media Rights Likely Headed for Open Market Next Week

The league is reportedly letting Monday’s deadline pass without a deal.
April 18, 2024

Caitlin Clark ‘Nearing’ $20 Million-Plus Nike Deal: Report

Clark had an NIL deal with Nike at Iowa as well.
April 17, 2024

Even Joe Biden Is Surprised By Caitlin Clark Making $76K

The president posted Tuesday night about pay disparities in sports.