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- Dan Snyder’s ownership of the Washington Commanders, which has been a matter of considerable debate for many years, is coming to an end. Snyder has agreed to sell the team for a record $6.05 billion to a group led by Philadelphia 76ers and Devils owner Josh Harris, which also includes Basketball Hall of Famer Magic Johnson.
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Apr 13, 2023 · Dan Snyder agreed in principle to sell the Washington Commanders as the N.F.L. continued to investigate allegations of sexual harassment made against team executives and Snyder. Credit...
- NFL Approves $6 Billion Deal for Washington Commanders - The ...
By Ken Belson. Reporting from Bloomington, Minn. July 20,...
- NFL Approves $6 Billion Deal for Washington Commanders - The ...
- Who Is Josh Harris?
- Why Did Daniel Snyder Sell The Commanders?
- Daniel Snyder Net Worth
- How Did Daniel Snyder Make His Money?
- How Much Did Daniel Snyder Pay For The Commanders?
- How Much Are The Commanders Worth?
Harris is a 58-year-old businessman and investor who co-founded Apollo Global Management, a private equity firm that had $548 billion in assets under management at the end of 2022. He also has ties to the sports world, as he is the co-founder of Harris Blitzer Sports & Entertainment. That entity, which Harris formed alongside David S. Blitzer, mana...
Snyder sold the Commanders amid two massive scandals that rocked the team and the NFL over the last couple of seasons.
According to Forbes, Daniel Snyder has a net worth of $4.9 billion. That makes him one of 2,668 billionairesin the world. Among NFL owners, Forbeslists Snyder as the 14th-richest as of September 2022. Below is a look at the NFL's 15 richest owners.
Snyder made his fortune via Snyder Communications, a marketing company he founded in 1989 thanks to some family investments. The company began to succeed by creating wallboard advertising and distributing samples to doctor's offices and colleges, per the Washingtonian. Eventually, the company distributed samples to maternity wards and moved into te...
Snyder paid a sum of $800 million to buy the Washington football team in 1999. Adjusting for inflation, that would mean the team cost roughly $1.45 billion to purchase in today's money. The Commanders are worth far more than that to date, so Snyder's investment was a good one. MORE: Meet the Commanders' new mascot, Major Tuddy
According to Forbes' most recent valuations of the NFL's 32 clubs, the Commanders are worth $5.6 billion. That makes them the sixth-most-valuable franchise in the NFL. However, the Harris group reportedly paid $6 billion in the transaction, inching that value a bit higher on the list. The Commanders saw their value stagnate a bit after their name c...
Jul 20, 2023 · In a unanimous vote, the NFL approved the sale of the Commanders on Thursday from Dan Snyder to a new ownership group led by Philadelphia 76ers co-owner Josh Harris. In remarks, Harris...
May 12, 2023 · A group led by billionaire investor Josh Harris has agreed to buy the NFL’s Washington Commanders from longtime owner Dan Snyder and his family.
Jul 20, 2023 · By Ken Belson. Reporting from Bloomington, Minn. July 20, 2023. Owners of the N.F.L.’s 31 other teams unanimously approved the sale of the Washington Commanders to a group led by Josh Harris,...
May 12, 2023 · Dan Snyder will soon no longer own the Washington Commanders. Snyder has agreed to sell the team for a record $6.05 billion to a group led by Josh Harris that includes Magic Johnson. Snyder's ownership of the once-storied NFL franchise has been a matter of considerable debate for several years.
Jul 20, 2023 · Twenty-four years after he became the youngest person to buy an NFL franchise, Daniel Snyder has sold the Washington Commanders to an ownership group led by Josh Harris.