Commanders, Dan Snyder announce deal to sell team to Josh Harris-led group

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Dan Snyder has officially agreed to sell the Washington Commanders to a group led by Josh Harris.

The deal needs approval from the other NFL owners. Twenty-four of them must approve it before it's final.

The new ownership group includes Harris, his longtime business partner David Blitzer and NBA legend Magic Johnson.

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The Washington Commanders logo in the stadium before a preseason game against the Carolina Panthers at FedExField Aug. 13, 2022, in Landover, Md. (Scott Taetsch/Getty Images)

"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 fan base," Harris said in a statement Friday.

"Growing up in Chevy Chase, I experienced firsthand excitement around the team, including its three Super Bowl victories and long-term winning culture. We look forward to … having the honor to serve as responsible and accountable stewards of the Commanders franchise moving forward."

"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," Dan and Tanya Snyder said in a statement. "We look forward to the prompt completion of this transaction and to rooting for Josh and the team in the coming years."

Washington Commanders co-owner Dan Snyder speaks as co-owner Tanya Snyder listens during a press conference revealing the Commanders as the new name for the formerly named Washington Football Team at FedEx Field Feb 2, 2022, in Landover, Md.