NFL Approves Deal: Washington Commanders Sold For $6.05B

Josh Harris is now the owner of the Washington Commanders after his $6.05 billion offer was accepted by NFL owners, putting an end to Dan Snyder‘s ownership.

“Congratulations to Josh Harris and his impressive group of partners,” NFL Commissioner Roger Goodell said in a statement. “Josh will be a great addition to the NFL. He has a remarkable record in business, sports, and in his communities. The diverse group that Josh has put together is outstanding for its business acumen and strong Washington ties and we welcome them to the NFL as well. I know he has a commitment to winning on the field, but also to running an organization that everyone will be proud of — and to making positive contributions in the community.”

Initially, Harris’ purchase agreement with Snyder was delayed due to financial compliance adjustments, but it’s now finalized. Harris leads an ownership group of 20 individuals, including Magic Johnson.

“This is truly the biggest achievement in my business career and a historic moment for the entire Black community,” Johnson said on Twitter. “Talk about God’s perfect timing. This was the right organization for me to be a part of given it’s global appeal, history of winning, and the diverse fanbase and DMV community. … I am honored and ecstatic to be a co-owner of the Commanders franchise!”