Josh Harris and Dan Snyder Agree on a Deal

Josh Harris adds another franchise to the war chest. The man who saved Twinkies now wants to save the Commies:

The Washington Commanders and a partnership led by Josh Harris have entered into a purchase and sale agreement, it was jointly announced today. pic.twitter.com/YjDYq5DWYA

— ESPN (@espn) May 12, 2023

He’ll now own the Commies, Sixers, New Jersey Devils, and Crystal Palace. Earlier this week the sale almost hit a financial snag after the NFL’s financial committee – made up of eight owners – had some concerns Harris wasn’t liquid enough. Being told you can’t buy something when you’re a billionaire has to be the ultimate kick in the dick. That’d be like Kinker telling me I can’t buy any more dumb costumes for my videos. The people need me running through the streets of Boston as Tall Revere and dressed like Kobe at an early-2000s photo shoot. Alas, Josh Harris gets it closer to the finish line. The sale is still pending approval from the NFL owners so it’s technically like he’s still in the second round of the playoffs. It’s Game 7 for him too.

Man I’m gonna miss Dan Snyder. Truly as evil and incompetent as they come. This thread is worth the read:

MEGA THREAD – Here’s a timeline of my disgusting and abhorrent ownership of the #WashingtonFootball #NFL franchise. The on-field follies are well-documented and would break Twitter, so I’m leaving those out. You will NOT believe some of the shit I’ve done.

— Damn Snyder (@Damn_Snyder) October 25, 2021

Here’s a statement from HBSE below, but it’s 5pm on a Friday so let me paraphrase the corporate speak for you if you don’t care to read it:

Via HBSE spokesperson:

Statement from Commanders Co-Owners Tanya and Dan Snyder:

 “We are very pleased to have reached an agreement for the sale of the Commanders franchise with Josh Harris, an area native, and his impressive group of partners,” said Tanya and Dan Snyder.  “We look forward to the prompt completion of this transaction and to rooting for Josh and the team in the coming years.”

 

Statement from Josh Harris on behalf of the Harris ownership group:

On behalf of our entire ownership group – including Mitch Rales, my longtime sports business partner David Blitzer and Earvin Magic Johnson –  I want to express how excited we are to be considered by the NFL to be the next owners of the Washington Commanders and how committed we are to delivering a championship-caliber franchise for this city and its fanbase.

Growing up in Chevy Chase, I experienced first-hand the excitement around the team, including its three Super Bowl victories and long-term winning culture.  We look forward to the formal approval of our ownership by the NFL in the months ahead and to having the honor to serve as responsible and accountable stewards of the Commanders franchise moving forward.  

Thank you to Tanya and Dan Snyder and the staff of the Commanders for their partnership and cooperation throughout the sale process.  

In addition to Mitch, David and Magic our extraordinary ownership group includes – local business leader Mark Ein, Lee Ainslie, Eric Holoman, Michael Li, owner of Range Group, the Morgan family, owners of Morgan Properties, the Santo Domingo family, Michael Sapir, Co-founder and CEO of ProShares,  Eric Schmidt, former Google CEO and Executive Chair and Andy Snyder amongst others.  Together these individuals and families have the collective resources and shared commitment to support our vision for the Commanders.

The post Josh Harris and Dan Snyder Agree on a Deal appeared first on Crossing Broad.