Back to the Los Angeles Rams Newsfeed

Report: Commanders near sale, bidding hits $6 billion

Josh Harris and Canadian billionaire Steve Apostolopoulos remain in the running to purchase the Washington Commanders for $6 billion or more, according to multiple reports Thursday.

Any deal accepted would be an agreement in principle be finalized only with approval of NFL owners, who are scheduled to meet in Minneapolis on May 22.

Earlier Thursday, reports indicated the group led by Harris, who owns the Philadelphia Flyers (NHL) and 76ers (NBA), reached an agreement to purchase the Commanders for a U.S. sports franchise record $6 billion.

Commanders owner Dan Snyder and the Harris group -- which includes billionaire Mitchell Rales and NBA legend Earvin "Magic" Johnson -- are still in dialogue but ESPN was first to report Apostolopoulos remained in the running.