Washington Commanders Sale News: Josh Harris agrees to replace private equity financing

The sale of the Washington Commanders is expected to be finalized before the team goes back to Ashburn, VA for training camp which starts on July 27th. Dan and Tanya Snyder completed a signed agreement with the Josh Harris group to sell the franchise for $6.05 billion on May 12th. Harris reportedly has 20 limited partners including local billionaire Mitchell Rales, and fellow sports franchise owner Earvin “Magic” Johnson. This deal will shatter the record for an NFL sale set by Rob Walton who purchased the Denver Broncos for $4.65 billion last year.

The NFL finance committee and the Josh Harris group have been working through issues that have been raised about the structure of the proposed…