Commanders purchase is latest record U.S. sports team sale - ESPN
Another American sports franchise has been sold for yet another record price.
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Another American sports franchise has been sold for yet another record price.
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NFL owners unanimously approved the sale of the Washington Commanders on Thursday from Dan Snyder to a group led by Josh Harris and including Magic Johnson for a record $6.05 billion, right before the league announced a $60 million fine for Snyder for improprieties corroborated by its investigation into workplace culture and business dealings.
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Meanwhile, the US treasury secretary is warning that America could run out of money to pay its bills as early as next month. Janet Yellen is targeting June 1 as the so-called X-date as she urges congressional leaders to act fast to raise the US debt ceiling. Far-right Republicans in Congress are demanding steep spending cuts in return – a position rejected by President Joe Biden and congressional Democrats.