The reign of terror… is finally coming to an end.
Dan Snyder and the Washington Commanders have reached an agreement in principle, to sell the franchise to Josh Harris and his group for $6 billion. The mark sets a new record for the most expensive sale in NFL history. It surpasses last year’s record of $4.65 billion set by the Walton-Penner group when they purchased the Denver Broncos.
Snyder bought the team in 1999 for $800 million.
Snyder and his wife, Tanya, a co-owner of the team, formally began a search for a buyer in November last year, when they hired Bank of America to seek offers for all or a portion of the Commanders.