For a moment about a month and a half ago, the snag in the Commanders sale from Dan Snyder to Josh Harris had nothing to do with the source of Harris’s funds or awaiting a vote for ownership approval. Back then the snag in the deal was another bidder as Brian Davis offered up a $7 billion bid. 
Davis is a D.C. native and a former star for the Duke Blue Devils basketball team, winning two national championships alongside Christian Laettner in the early-1990s. The two remained close friends and eventually pursued a few sports ventures together. They have businesses in real estate development and founded D.C. United Holdings, a holding company that controls the operating rights to the MLS team D.C. United.
Davis entering in a bid nearly $1 billion over Harris’s may have some wondering why Davis isn’t the presumed future owner of the franchise, but questions were almost immediately raised about Davis’s bid. Primarily, while Davis asserted a $7.1 billion bid, the firm tapped to handle the sale of the Commanders never considered the bid to be legitimate. Davis alleges that the reason for this lies with Bank of America, leading to a current lawsuit between Davis’s company Urban Echo Energy and Bank of America.
According to Mike Florio of NBC Sports, the lawsuits “claims that Bank of America failed to present the $7.1 billion bid to outgoing owner Daniel Snyder and that, if Bank of America had done so, Snyder would have accepted it.” According to Davis’s company’s attorneys, Davis deposited $5.1 billion for the transaction as a proof of funds in two separate transfers. In the court filings, the team included “images of two alleged copies of the bank drafts,” according to A.J. Perez of Front Office Sports. The attorneys allege that “upon information and belief, (Bank of America) never made the Snyders aware of the existence of the bank drafts.”
Pending the first court hearing tomorrow, Bank of America told the appointed judge that the documents they have in their possession raised “considerable concerns about their genuineness,” claiming that the documents look “fictitious,” according to Daniel Wallach of The Athletic. If Bank of America truly had doubts about the legitimacy of Davis’s transfer documents, it stands to reason that they were unwilling to back his bid for the sale.
On the other side of things, with the Harris deal, progress reportedly continues to be made towards an eventual sale and approval by the NFL. According to Nicki Jhabvala and Mark Maske of The Washington Post, until the deal is ratified by the league’s team owners, Harris “cannot have any role in team operations.” Harris’s group is actively working though the approval process with the league, and discussions appear to be productive.
The NFL already has one too many Davis’s in the ownership group.