The Washington Commanders are still owned by Dan Snyder, but the timeline of the NFL officially voting and handing control of the franchise over to the Josh Harris led-group is now more clear.
"Basically the NFL owners were told in a memo late last week that they need to reserve July 20 and August 8 as possible dates for a special league meeting, in person, so they need to get off their yachts by July 20, they maybe wanna finalize a vote on the Commanders sale to Josh Harris," Ben Fischer of the Sports Business Journal told Kevin Sheehan on Wednesday.
Save the date(s), Commanders fans! But, this could be a fluid situation.
Fischer went on to say that the league's finance committee's "thumbs up" on the sale is "just a matter of time," but that isn't to say it is going to happen "today or tomorrow. I think this is still pretty complicated, they're gonna have to ensure that the changes that Josh Harris and his partners have agreed to are actually made the way [the NFL] wants them to be, so there's a fair bit of due diligence that has to happen, but I'm told that a lot of people are grinding on this, there's a high degree of motivation on all sides to make it happen sooner rather than later.
"And some people that I asked [Tuesday] seem to think that July 20 should give them plenty of time to go through the newly reorganized capital structure and exactly how the limited partners work out and give it a blessing."
Fischer pointed out a nightmare scenario involving how August 8 could be close to a possible August 12 date when the period of exclusivity between the Harris group and Snyder expires, which could open up a huge can of worms that nobody wants to think about right now. Listen to the full conversation in the above player.
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