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AP source: NFL now reviewing Commanders sale agreement

today04/19/2023 33

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A person with knowledge of the situation tells The Associated Press that the NFL is reviewing the sale agreement of the Washington Commanders.

A group led by Josh Harris and Mitchell Rales that includes Magic Johnson agreed in principle last week to buy the team from longtime owner Dan Snyder for $6.05 billion. The group submitted a fully financed, non-exclusive bid for the Commanders. The league is now looking over that agreement before sending it back for final signatures. Further steps include evaluation by the NFL’s finance committee and a vote by owners.

Three-quarters must approve to make it official.

Source: AP – All contents copyright 2023 Associated Press.  All rights reserved.

 

Written by: Editor

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