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Dan Snyder, Josh Harris enter agreement for sale of Commanders

The long-awaited sale of the Washington Commanders finally is at hand.

Though the transaction is not yet complete, owners Dan and Tanya Snyder "have entered into a purchase and sale agreement" to sell the Commanders to a group led by hedge fund manager Josh Harris, the parties jointly announced Friday.

The reported price tag of $6.05 billion would break the record for the most expensive team purchase in North American sports.

"We are very pleased to have reached an agreement for the sale of the Commanders franchise with Josh Harris, an area native, and his impressive group of partners," the Snyders said in a statement.