Inside the Article:
According to a report from ESPN, Dan Snyder and his wife Tanya are selling the Washington Commanders for a record amount of money. Adam Schefter reported on Thursday that a preliminary nonexclusive agreement has been reached by Dan and Tanya Snyder to sell the renowned NFL franchise to a group headed by Josh Harris, who also co-owns NBA and NHL teams, for a historic sum of $6.05 billion.
Key Points
- Dan and Tanya Snyder are selling the Commanders for a record amount of money.
- A preliminary nonexclusive agreement has been reached by Dan and Tanya Snyder to sell the NFL franchise to a group headed by Josh Harris, who also co-owns NBA and NHL teams, for a historic sum of $6.05 billion.
- The sale of the NFL franchise for $6.05 billion would surpass the previous record for a team sale, which was set in August when the Denver Broncos were purchased for $4.65 billion by a consortium led by Walmart heir Rob Walton.
Why it Matters for Dan Snyder and Washington Commanders
The sale of the NFL franchise to Josh Harris’ group for $6.05 billion would surpass the previous record for a team sale, which was established in August when the Denver Broncos were purchased for $4.65 billion by a consortium led by Walmart heir Rob Walton. In May 1999, Daniel Snyder led a group that bought the Washington franchise for $800 million.
Bottom Line: Don’t let the door hit you on the way out!
Dan Snyder selling the Commanders is great news for the NFL as he has been a black eye for the league for some time now. Back in 2009, a female employee accused Snyder of sexual assault and harassment. Legal documents indicate that the alleged incident occurred on a private plane owned by the team during a return flight from Las Vegas, following a work trip. The woman accused Snyder of groping her, attempting to remove her clothing, and soliciting sex. The team and the employee subsequently reached a confidential settlement three months later, which involved a payment of $1.6 million.
