A spokesperson for Harris, the co-founder of Apollo Global Management and the proprietor of the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils, declined to remark. Harris is also a basic associate of the English Premier League’s Crystal Palace Football Club and a restricted associate within the NFL’s Pittsburgh Steelers. He grew up in Chevy Chase and attended the Field School in Northwest Washington.
He has an estimated web value of $6.2 billion, in accordance with Forbes, and tried to buy the Denver Broncos final yr from the Pat Bowlen Trust. That workforce was bought to a bunch led by Walmart inheritor Rob Walton for an NFL-record $4.65 billion. The league’s franchise homeowners ratified the acquisition by Walton’s group in August.
Harris has been thought to be a contender to buy the Commanders nearly from the second Snyder and his spouse, Tanya, the team’s co-CEO, introduced in November they employed Bank of America to think about potential transactions for the franchise. The workforce has not mentioned whether or not Daniel Snyder will promote all or a part of the franchise, which is valued at $5.6 billion by Forbes.
The Commanders declined to remark.
“As far as the [sale] process, the Commanders are under a process,” NFL Commissioner Roger Goodell mentioned right here Wednesday. “That’s their process. Ultimately if they reach a conclusion and have someone that will be joining the ownership group or buying the team entirely, that’s something that the ownership will look at.”
Any proposed sale must be ratified by no less than three-fourths of the NFL’s workforce homeowners.
The bidding course of is going down with the NFL conducting its second investigation of Snyder and the team’s office. This one is being led by lawyer Mary Jo White.
“There’s no timeline given to Mary Jo White,” Goodell mentioned Wednesday. “She is authorized to work independently. There is no timeline for her to come to any conclusions. When she does that, she will let me know and we will let the public know at that point in time.”
Indianapolis Colts proprietor Jim Irsay mentioned in October he and fellow homeowners ought to give severe consideration to voting to take away Snyder from possession, which might require the approval of no less than three-quarters of the homeowners. Multiple homeowners advised The Washington Post in September they believed severe consideration can be given to trying to oust Snyder from the possession ranks, both by convincing him to promote or by voting to take away him.
Several teams submitted bids to buy the Commanders earlier than a late-December goal requested by Bank of America, however none reached the $7 billion mark Snyder seeks for the workforce, an individual aware of the method mentioned final month. Amazon founder Jeff Bezos sat out that stage of the bidding, in accordance with a number of individuals aware of the method. That probably opens the door to different consumers desirous about buying the franchise, though it’s not clear whether or not Bezos intends to get entangled. Bezos owns The Post.
Harris’s go to was first reported by the Athletic.
“There were a lot of different things in play.”
Sean Payton tells @AdamSchein there was curiosity from potential Commanders’ possession teams that reached out about him teaching in Washington D.C.
LISTEN ⬇️⬇️⬇️ pic.twitter.com/zryvRRLOps
— Mad Dog Sports Radio (@MadDogRadio) February 10, 2023
Sean Payton, the previous Super Bowl-winning coach for the New Orleans Saints who simply was employed as the brand new coach of the Broncos after being out of the league this season, mentioned in a radio interview Friday that a number of teams desirous about shopping for the Commanders inquired about his curiosity.
“Everyone’s waiting to see what happens in Washington,” Payton mentioned on SiriusXM. “There was some interest from some potential ownership groups that are going to be bidding on, that currently have bid on that team, that were getting ahead of the game saying, ‘Hey, if we get awarded this team, would you?’ And so there were a lot of different things in play, right?”
Payton didn’t establish the potential Commanders possession teams that had been desirous about him as a coach.
“That’s a place that’s had great tradition,” Payton mentioned. “Like, when I came into the league …. . . my first two years [as an NFL assistant coach] were Philly. My next four years were New York Giants, and then my next three were the Cowboys. My whole entire NFL career prior to New Orleans was NFC, NFC East. And what happened to that program? . . . Listen, that place, my uncle loved the Washington franchise. Last year we go there to play and pregame, I’m looking up in the crowd. A third of the fans are Saints fans. And I’m like, ‘What happened to this place?’ That was one of the six pillars . . . That was a special place. So it’ll come back.”
Maske and Jhabvala reported from Phoenix. Clarke reported from Washington.