Josh Harris believes new Commanders ownership will create financial rebound with Dan Snyder out: report

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Washington Commanders prospective owner Josh Harris, who purchased the team from Dan Snyder for $6.05 billion, believes new ownership is going to lead to a financial windfall for the franchise.

A 43-page document, obtained by ESPN and prepared by Harris Blitzer Sports & Entertainment to entice investors to join Harris' bid, had the Philadelphia 76ers co-owner predicting that Snyder’s removal from ownership would lead to an increase in attendance, overall ticket sales, sponsorships and more.

There’s also the notion that Harris’ group will get Virginia to offer up to $1.5 billion in public funding for a new stadium, which would be close to double the current record set by the state of Nevada with $750 million for the Las Vegas Raiders’ new stadium.

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New Jersey Devils owner Joshua Harris addresses the media after the firing of general manager Ray Shero prior to a game against the Tampa Bay Lightning at the Prudential Center Jan. 12, 2020, in Newark, N.J. (Andy Marlin/NHLI via Getty Images)

The document stated that the Commanders made $173 million in local revenue last season, including ticket sales, sponsorships and more. But the real pull was Harris predicting the franchise can double that number by the 2031-32 season.

If a new stadium is built for the Commanders, Harris predicts $466 million in revenue per season by then.

"The Commanders historically ranked top in the league across all local revenue metrics and attendance" the document states, via ESPN. "However, the team has significantly spiraled as a result of allegations against current ownership. As ownership changes, we see