Nearly five months after a fellow NFL team owner publicly declared that he believed “there’s merit to remove” Dan Snyder from owning the Washington Commanders, Snyder is close to finding a different solution.
Snyder is reportedly nearing a deal to sell the Commanders to hedge fund manager Josh Harris for an NFL-record $6 billion, according to Sportico and Sports Business Journal.
(Disclosure: Josh Harris is a co-founder of Apollo Global Management, which owns Yahoo, Inc.)
The decision comes several weeks after the NFL’s annual league meeting in Phoenix, where team owners, executives and head coaches all convened.