Josh Harris-led group meets Dan Snyder's $6 billion asking price for Commanders (report)


Daniel Snyder no longer has to wait for a bidder to meet his $6 billion asking price for the Washington Commanders franchise.

According to a report from ESPN's Adam Schefter, the Harris-led group which includes Mitchell Rales and Magic Johnson has officially submitted a "fully-financed bid" that meets Snyder's desired $6 billion figure.

Harris, the owner of the Philadelphia 76ers and New Jersey Devils, is a Chevy Chase native who was reportedly in the bidding for the Denver Broncos last year before a group led by Walmart heir Rob Walton won the bidding for the franchise.

Rales, a Bethesda native, was reported to have joined Harris' group earlier this month and Johson, the NBA legend who previously was a part of Harris' failed bid for the Broncos, was reported to have join last week.

The Harris group and Tillman Fertitta, the owner of the Houston Rockets, were the only two known suitors who had reportedly placed bids for the franchise, with the Harris group's latest bid being the first "official" bid of any kind.

Steve Apostolopoulos reportedly toured the team's facility, but a bid from the Canadian billionaire was not reported. Jeff Bezos has long been linked with making a bid, but indications are that the Amazon founder has not formally bid for Snyder's team and may have been rebuffed from doing so by the Commanders owner.

Snyder purchased the Washington franchise for $800 million in 1999. Despite this group meeting his reported asking price of $6 billion, a sale is still far from certain.

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