Washington Commanders sold to Sixers co-owner Josh Harris, Magic Johnson
Washington Commanders sold to Sixers co-owner Josh Harris, Magic Johnson
May 12, 2023 by Fox Sports
Key Facts
- Josh Harris' ownership group, which includes Magic Johnson, has agreed to buy the NFL’s Washington Commanders from longtime owner Dan Snyder, roughly a month after reaching an agreement on the sale for a record $6.05 billion.
- "We look forward to the formal approval of our ownership by the NFL in the months ahead and to having the honor to serve as responsible and accountable stewards of the Commanders franchise moving forward," Harris said.
- Harris is assuming control of a once-storied franchise that has fallen far from the 1980s and early ’90s glory days, when Washington won the Super Bowl three times.
- The biggest immediate challenge for the long-term future of the organization is a new stadium to replace FedEx Field, the rushed-to-completion home of the team since 1997 in Landover, Maryland, that has not aged well.
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