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Josh Harris to meet with NFL finance committee for Commanders sale

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Josh Harris is making some moves to secure his bid to buy the Washington Commanders.

In May, Dan and Tanya Snyder reached an agreement to sell the team to Philadelphia 76ers and New Jersey Devils managing partner Josh Harris for a record $6.05 billion.

While the deal is not a foregone conclusion, the newspaper reported that it is getting closer toward the endgame. The deal surpasses the purchase of the Denver Broncos for $4.55 billion as the largest North American professional sports franchise sale. According to the Washington Post, the NFL’s finance committee has issues with the structure of the agreement and that it could be beyond the $1.1 billion debt limit on team purchases.

 

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Josh Harris to meet with NFL finance committee, with deal progressingJosh Harris is scheduled to meet with the NFL finance committee, and he has given assurances that he will make the necessary adjustments to his $6.05 billion deal for the Washington Commanders to secure the approval of the league’s franchise owners.
Source: washingtonpost - 🏆 95. / 72 Read more »