Who’s Josh Harris? Washington Commanders potential new proprietor close to deal

The Washington Commanders will quickly have a brand new proprietor. The storied NFL franchise is nearing a deal to be offered for about $6 billion to a gaggle led by billionaire Josh Harris, in keeping with a number of studies.

It will finish the decades-long tenure of Dan Snyder, who obtained a lot criticism for a gradual response to outcry over the group’s former identify and was additionally the topic of a sexual assault investigation.

After a lot hypothesis Amazon mogul Jeff Bezos was involved in shopping for the group, he didn’t submit a bid Wednesday.

The Commanders will now enter a brand new period underneath the Harris group. The funding group contains businessman Mitchell Rales and NBA legend Magic Johnson.

What’s Josh Harris’ web price?

In line with Forbes, Harris is price $6 billion. A majority of his wealth comes from his stake in Apollo International Administration, which he based in 1990 with two different billionaires. In 2021, he stepped down from a proper position with the agency, however maintains a 6% stake within the firm.

What different groups does Josh Harris personal?

Harris is the founding father of Harris Blitzer Sports activities & Leisure, underneath which he’s half proprietor and managing accomplice of the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils. He additionally has an possession stake within the Premier League’s Crystal Palace and the NFL’s Pittsburgh Steelers.

Who’s Mitchell Rales?

Rales will likely be a part of the Commanders’ possession group if the deal goes by. He’s price $5.7 billion, in keeping with Forbes, and co-founded main know-how and innovation agency Danaher together with his brother, Steven, in 1984. Rales obtained his bachelor’s of arts and science from Miami College in Ohio and now resides in Maryland together with his spouse. He’s additionally an artwork philanthropist who serves because the president of the Nationwide Gallery of Artwork in Washington D.C. Final month, he donated $1.9 billion to the Glenstone Museum, which he co-founded.