Daniel Snyder, the NFL's most widely reviled team owner, has reached an agreement in principle to sell the Commanders for $6 billion to a group led by Philadelphia 76ers co-owner Josh Harris, according to a Thursday report by Sportico. The Harris group includes Lakers legend Magic Johnson. Harris, who also owns the NHL's New Jersey Devils, is estimated by Forbes to have a net worth of $5.9 billion. His group also includes businessman Mitchell Rales, worth an estimated $5.6 billion. The Denver Broncos were the last NFL franchise to change hands, selling for a record $4.65 billion in August.

Source: Los Angeles Times April 13, 2023 19:40 UTC