BREAKING: Dan Snyder Agrees to Sell Commanders

Dan Snyder has sold the Washington Commanders to Philadelphia 76ers and New Jersey Devils owner Josh Harris.

Jeremy Brener | Apr 13, 2023

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Washington Commanders

The Dan Snyder era is officially over.

According to sources, Snyder has agreed to sell the franchise to New Jersey Devils and Philadelphia 76ers owner Josh Harris and billionaire Mitchell Rales after months of speculation.

Harris' initial interest was reported back in January, and he added Rales, the National Gallery of Art president, to his bid to entice Snyder into selling to him.

The sale marks the end of Snyder's 24-year tenure as owner of the Washington franchise, which is defined by controversy, scandal, and failure on the football field.

Harris, 58, is reportedly worth $7.25 billion, according to Bloomberg.

"Harris also owns stakes in sports and entertainment ventures including the Philadelphia 76ers NBA team and New Jersey Devils NHL team through his firm Harris Blitzer Sports & Entertainment," Bloomberg writes. "His stake is calculated at 51% given his role as managing partner in those teams. Their value is based on transaction data for comparable teams and data from Sportico, a valuations service."

Harris was born in Chevy Chase, Maryland, which could explain why the Commanders would be an interest to add to his portfolio. As one of the 350 richest people in the world, Harris is certainly capable of purchasing the franchise. And, his experience in running franchises in other spaces would certainly be a welcomed addition to the D.C. sports landscape.

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Published Apr 13, 2023

JEREMY BRENER

Jeremy Brener is an editor, writer and social media manager for several Fan Nation websites. His work has also been featured in 247 Sports and SB Nation as a writer and podcaster. Brener has been with Fan Nation since 2021. Brener grew up in Houston, going to Astros, Rockets and Texans games as a kid. He moved to Orlando in 2016 to go to college and pursue a degree. He hosts "The Dream Take" podcast covering the Rockets, which has produced over 350 episodes since March 2020. Brener graduated in May 2020 from the University of Central Florida with a Bachelor's degree in Broadcast Journalism minoring in Sport Business Management. While at UCF, Brener worked for the school's newspaper NSM.today and "Hitting the Field," a student-run sports talk show and network. He was the executive producer for "Hitting the Field" from 2019-20. During his professional career, Brener has covered a number of major sporting events including the Pro Bowl, March Madness and several NBA and NFL games. As a fan, Brener has been to the 2005 World Series, 2010 FIFA World Cup and the 2016 NCAA National Championship between the Villanova Wildcats and North Carolina Tar Heels. Now, Brener still resides in the Central Florida area and enjoys writing, watching TV, hanging out with friends and going to the gym. Brener can be followed on Twitter @JeremyBrener. For more inquiries, please email jeremybrenerchs@gmail.com.