Magic Johnson Group Submits $6 Billion Bid To Purchase Commanders From Dan Snyder

Magic Johnson could quickly be including the title of NFL proprietor to his legacy … the NBA icon is a part of a gaggle that simply submitted a proposal to purchase the Washington Commanders that meets Dan Snyder‘s asking worth.
ESPN’s Adam Schefter reported the Lakers Corridor of Famer, alongside 76ers proprietor Josh Harris and billionaire Mitchell Rales, formally submitted a $6 billion bid to purchase the franchise on Tuesday.
The event is substantial … as a result of Snyder — who revealed in late 2022 that he was exploring promoting the Commanders — had been reportedly in search of $6 billion for his membership … which might imply a sale to the Johnson/Harris/Rales group is now imminent.
The transfer would spell dangerous information for Jeff Bezos and Jay-Z … as the 2 titans had large curiosity in shopping for the Commanders, even grabbing dinner in L.A. again in November to formulate a possible buy plan.
Others with curiosity in shopping for the Washington franchise reportedly included Canadian billionaire Steve Apostolopoulos and Houston Rockets proprietor Tilman Fertitta.
If the Commanders do promote … the $6 billion deal would break the earlier report sale for an NFL franchise set final summer season, when billionaire Rob Walton bought the Denver Broncos for $4.65 bil.
As for Johnson, it will add to a critically spectacular enterprise resume that already options possession stakes within the L.A. Dodgers, the L.A. Sparks and the Los Angeles Soccer Membership.