• Loading stock data...
Friday, September 5, 2025
Fox Analyst and Media Entrepreneur Greg Olsen to Speak at Tuned In Get your ticket now!
exclusive
Deals

Commanders’ Sale to Josh Harris, 20 Limited Partners Remains On Course

  • NFL continues to review Harris’ deal to purchase the Commanders for $6.05B that went final May 12.
  • Harris’ group includes 20 limited partners, under the NFL’s limit of 24.
Washington Commanders
Geoff Burke-USA TODAY Sports

Any tweaks to Josh Harris’ $6.05 billion agreement to purchase the Washington Commanders aren’t likely to derail the timeline for approval, sources familiar with the process told Front Office Sports. 

The NFL finance committee is continuing its review of Harris’ deal that went final just two weeks ago. FOS reported earlier this week that a special meeting to approve Harris’ deal is expected before the start of the 2023 season. 

“Any adjustments required to the bid are modest and manageable,” one source told FOS on Friday. 

Multiple reports have questioned the structure of Harris’ deal, but those in Harris’ camp remain unconcerned. That’s not to say the deal isn’t complex, but that’s due to the record sale amount and the number of limited partners. 

FOS learned the number of limited partners Friday: 20. That’s under the NFL limit of 24. 

So far, only half of those have been unveiled, including NBA great Magic Johnson and multiple billionaires. 

The May 12 announcement mentioned two families: the Santo Domingo family (one of the wealthiest families in South America who made billions in the beer industry) and the Morgan family, who made a fortune in real estate. 

But Colombian-American Alejandro Santo Domingo and Morgan Properties founder Mitchell Morgan are considered individual investors as part of the deal, so they each count as one limited partner. 

The Steelers have about that many limited partners, including Harris and fellow New Jersey Devils and Philadelphia 76ers co-owner David Blitzer. Blitzer is also part of the ownership group for the Commanders. 

FOS previously reported that Harris and Blitzer are selling that 5% stake in the Steelers, which has to be offloaded before the Commanders’ sale closes. 

The combined net worth of the group Harris assembled is around $100 billion. 

While it’s not immediately clear what potential changes Harris could make, sources scoffed at reports that the bid includes $1 billion in unsecured financing which could run into issues with NFL debt rules. 

“The bid was thoughtfully structured and compliant with NFL rules,” a source told FOS.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Feb 9, 2025; New Orleans, LA, USA; Kansas City Chiefs quarterback Patrick Mahomes (15) reacts on the field after the coin toss prior to the Chiefs' game against the Philadelphia Eagles in Super Bowl LIX at Caesars Superdome.

Chiefs Enter Brazil Game With Eye on Becoming ‘World’s Team’

The Chiefs are playing in a record fourth foreign country.
Eagles

The Death of Streameast Has Been Greatly Exaggerated

Mirror sites began popping up Thursday, the day the NFL season begins.
Scott Hanson

NFL Says ‘RedZone’ Will Have ‘Incredibly Small Ad Load’ Amid Furor

Ads on “RedZone” will match the two-box format of last December’s test.
Aug 21, 2025; East Rutherford, New Jersey, USA; New York Giants quarterback Jaxson Dart (6) throws a pass during the first quarter against the New England Patriots at MetLife Stadium.

Giants Sell Minority Stake to Kochs At Reported $10B Valuation

It’s the latest in a flurry of minority stake deals for NFL teams.

Featured Today

Oct 13, 2024; Philadelphia, Pennsylvania, USA; Philadelphia Eagles quarterback Jalen Hurts (1) and wide receiver A.J. Brown (11) celebrate their touchdown pass during the second quarter against the Cleveland Browns at Lincoln Financial Field.

TV Ratings Just Changed Again. The NFL Will Be the Big Winner

Nielsen’s new viewership system will have a big impact on sports.
Ohio State Buckeyes wide receiver Jeremiah Smith (4) celebrates with offensive lineman Donovan Jackson (74) after a touchdown catch against Notre Dame Fighting Irish in the first quarter during the College Football Playoff National Championship at Mercedes-Benz Stadium in Atlanta on January 20, 2025.
August 30, 2025

The Most Expensive Roster Year in College Football History

The House settlement created revenue-sharing—and a big NIL loophole.
August 26, 2025

‘You’re Going to Get Beat Up’: The Liberty’s All-Male Practice Squad

A select group suits up weekly to take on the defending champs.
August 24, 2025

The Honey Deuce Effect: How Tennis Perfected the Signature Cocktail

Sold every 1.5 seconds, they total more than $12 million in sales.

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

Trailblazer Cal Calamia Is Racing for ‘Advocacy, Storytelling, and Performance’

The marathoner wants excellence—not just inclusion—to be the goal for non-binary athletes.
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.