A group led by Josh Harris that includes Magic Johnson has agreed to buy the NFL's Washington Commanders from longtime owner Dan Snyder and his family.
The sides announced the deal in a joint statement Friday, roughly a month after they reached an agreement in principle on the sale for a record US$6.05 billion.
NFL spokesman Brian McCarthy said league staff and its finance committee will review details of the proposed transaction. Owners meet later this month in Minnesota, but they are only expected to get an update on the situation then, with a formal vote expected in the coming months. "I could not be more excited to be a partner in the proposed new ownership group for the Washington Commanders,". "Josh Harris has assembled an amazing group who share a commitment to not only doing great things on the field but to making a real impact in the community. I'm so excited to get to work on executing our vision for the Commanders and our loyal fanbase."
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