Commanders owner to sell the team for $6 billion

Washington Commanders owner Dan Snyder has reached an agreement in principle to sell the NFL team to the NBA’s Philadelphia 76ers, Josh Harris and a group of investors, according to a Sportico report on Thursday.

The report said the two sides were hoping to execute a contract in the coming days. In connection with the HBSE portfolio, Harris is managing partner of the 76ers, NHL’s New Jersey Devils and a general partner at Premier League soccer club Crystal Palace.

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The Commanders said last November that Snyder would explore a potential sale of the team, one of the NFL’s marquee sides, which was ranked by Forbes in 2022 as the league’s sixth-most valuable franchise at $5.6 billion.