The last NFL team sale, the Denver Broncos, was unanimously approved. The group that sources say would take over ownership from Snyder includes Philadelphia 76ers owner Josh Harris, Washington-area billionaire Mitchell Rales and NBA great Magic Johnson . A WUSA9 source says Snyder has reached an agreement with the Josh Harris group to sell the team for $6.05 billion. Embattled Washington Commanders owner Dan Snyder has reached an agreement to sell his NFL team for a record sum, according to WUSA9 sources. In the early 1990s, Rales’ brother, Steven, considered joining Peter Angelos’ Baltimore Orioles ownership team, according to the Washington Post.

Source: Forbes April 13, 2023 18:35 UTC