AP source: Harris/Rales group has deal to buy Commanders

KIFI

Published April 13, 2023 11:53 AM

By ROB MAADDI and STEPHEN WHYNO
AP Sports Writers

A person with knowledge of the situation tells The Associated Press that a group led by Josh Harris and Mitchell Rales and including Magic Johnson has an agreement in principle to buy the Washington Commanders from longtime owner Dan Snyder. Harris and Rales are set to pay $6 billion for the storied NFL franchise. It’s the most money a professional sports franchise in North American has been sold for, topping the $4.65 billion paid by Walmart heir Rob Walton’s group for the Denver Broncos last year. The sale of the Commanders is pending approval from the rest of the league’s owners.

Article Topic Follows: AP National

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