The names of two minority partners in the Josh Harris-led group to buy the Washington Commanders.
Colombian billionaire Alejandro Santo Domingo and his family and Mitchell Morgan, CEO of Morgan Properties, are a part of the group to buy the team, according to a report in Sportico, citing multiple people with direct knowledge of the negotiations.
Santo Domingo and his family are among the richest people in South America. He is an heir to a beer fortune, and has a net worth of $2.8 billion, according to Forbes. The entire family's net worth is $12.2 billion, according to Bloomberg.
Morgan is the founder of the investment and management group of multifamily properties. The company says they are the largest apartment owner in Maryland, Pennsylvania, and New York.
The Harris-led group has reached an agreement in principle with Dan Snyder to buy the club for $6 billion, but the sale has not been finalized.
There are reportedly 17 limited partners in the Harris (30 percent) group, including Mitchell Rales (12 percent) and Magic Johnson (four percent).
Sportico also noted investor Mark Ein is among the limited partners in the deal. Ein is the founder and owner of the Washington Kastles.
The size of the Santo Domingo family's and Morgan's stake is not known, per Sportico.
Follow @BenKrimmel for more.
Keep up with 106.7 The Fan via:
Audacy App | Online Stream | Twitter | Facebook | Instagram
Related
Related
