The sale of the Washington Commanders took another big step yesterday as potential buyers Josh Harris and Mitchell Rales met with the NFL finance committee in New York. The group led by Harris signed an exclusive deal with Dan and Tonya Snyder to buy the team for $6.05 billion. Several issues were raised by the 8-owner committee including the amount and type of debt, fund sourcing, and the vetting of the reported 20+ investors.
The Harris group has been working with the finance committee to adapt the structure of the deal so that it meets the current rules of NFL ownership.