Daniel Snyder to promote Washington Commanders for $6 billion: studies

Daniel Snyder’s sale of the Washington Commanders is approaching the end line.

A gaggle led by billionaires Josh Harris and Mitchell Rales has reached “an settlement in precept” to accumulate the staff from Snyder for about $6 billion, in accordance with a number of studies.

Sportico first reported the information Thursday. A number of information media shops added that the 2 sides have been “nearing” a deal but it surely had not been finalized.

The $6 billion sale, when executed, would crush the earlier file sale value for an NFL franchise. Rob Walton and Greg Penner purchased the Denver Broncos for $4.65 billion final yr.

A staff spokesperson mentioned the Commanders “aren’t able to remark” on the potential sale. NFL spokesperson Brian McCarthy declined commend. 

Harris, 58, owns the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils and has an estimated internet price of $6 billion, in accordance with Forbes. Rales, 66, has a internet price of roughly $5.7 billion. Each males have deep ties to the larger Washington space and attended highschool there.