A group that is led by Wall Street billionaire Josh Harris and includes NBA legend Magic Johnson is nearing a deal to buy the NFL’s Washington Commanders, a source says
A group that is led by Wall Street billionaire Josh Harris and includes NBA legend Magic Johnson is nearing a deal to buy the NFL’s Washington Commanders, a person familiar with the matter tells CNN. If finalized, the sale would mark the end of the controversial ownership of the Washington franchise by embattled billionaire Daniel Snyder. The group also includes Mitchell Rales, the billionaire co-founder of conglomerate Danaher, the source said.
” The decision to seek a buyer came after DC Attorney General Karl Racine announced a lawsuit against Snyder, the team and the NFL, alleging they colluded to deceive DC residents about an NFL investigation into the team’s toxic workplace culture and allegations of sexual assault. The lawsuit alleges those deceptive efforts aimed to keep fans in the dark and increase profits for the team.
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