The next major step toward a formal sale of the Commanders took place recently, with Dan Snyder and Josh Harris announcing that a sale agreement is in place. The deal may not become official in time for the next owners’ meetings, however.
A report from the Washington Post’s Mark Maske and Nicki Jhavbala notes that the agreement in place “probably would not be approved without some revisions” under normal circumstances. Momentum for Harris taking over the embattled franchise, they add, stems primarily from the “strong desire” to see Snyder displaced as owner, rather than the offer being clear of issues.
The latter point has been mentioned as a potential hurdle to a quick approval of the deal. Finances are at the heart of concerns the NFL’s finance committee may have, though clarity has recently emerged regarding the various investors involved in the Harris bid. NBA icon Magic Johnson and billionaire Mitchell Rales are among those contributing to the record-breaking $6.05 billion sales price, though several other individuals are on board as well.
The next league meeting will take place May 22-23, which will be after the recommendation from the finance committee regarding approval of the sale is made. As the Post report notes, it is now “increasingly unlikely” that ratification will take place at that time. Instead, the league’s owners (at least 24 of whom will need to vote in favor of the deal to make it official) might only be updated on the status of the Harris bid, with a formal vote taking place “in the coming months.”
That would follow a similar timeline to last year’s Broncos sale, in which Harris was the runner-up. The vetting process on the Philadelphia 76ers and New Jersey Devils owner already took place then, which should help the Commanders sale move along at a steady pace in the coming weeks. Barring any further complications regarding Snyder and the ongoing investigations into sexual misconduct and financial improprieties, this saga could still reach an end during the 2023 offseason.
When was the last time that the Washington Post was credible on any story that they reported on?
I am not saying that the Commanders are not being sold and the process is not moving forward. However, to quote or use the Washington Post as a valid source of information is less than using TMZ or ProFootballTalk. (they both suck the same nipple)
You could switch to Weekly World News. I understand their Bat Boy sightings are very credible.
It’s time to get this deal wrapped up so the NFL can move on to the next bad owner that needs to be replaced. There are several candidates but that guy with the Moe Howard haircut should probably top the list.
This would make a good poll question.
Now that Dan Snyder is gone, who is the worst NFL owner:
A. Jimmy Haslam
B. Mark Davis
C. Jim Irsay
D. Stephen Ross
E. Michael Bidwill
F. Robert Kraft
I think Jerry Jones, Robert Kraft and Stephen Ross are so old and heavily medicated that they have more or less been relegated to the role of cheerleader. The Raiders were once one of the most respected and feared teams in the NFL but under the ownership of Mark Davis they’ve become an ongoing farce.