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Two groups – one led by billionaire Josh Harris and another by Canadian billionaire Steve Apostolopoulos – have formally submitted bids to purchase the Washington Commanders, marking a significant step toward longtime owner Daniel Snyder’s potential sale of the team.
ESPN first reported Tuesday that the fully financed bids both meet Snyder’s « asking price » of $6 billion. If either is accepted by Snyder and approved by NFL owners, it would shatter the previous record sale price for an NFL franchise of $4.65 billion, set last year in Rob Walton and Greg Penner’s purchase of the Denver Broncos.
Forbes has valued the Commanders at $5.6 billion.
Spokespeople for Harris and the Commanders declined to comment to USA TODAY Sports, while attempts to reach spokespeople for Apostolopoulos were unsuccessful.