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Pair of $6 billion bids reportedly submitted for Commanders, including one involving Magic Johnson

Mar 28, 2023

Even though Dallas Cowboys owner Jerry Jones indicated that the Washington Commanders' sale wouldn't be resolved this week at the league's owners meetings, it seems to be gaining traction.

The biggest step is getting a group to part with $6 billion for the team, and that has reportedly happened.

ESPN's Adam Schefter reported that the group led by Josh Harris and Mitchell Rales, which includes NBA great Magic Johnson, submitted a "fully-financed" $6 billion bid.

Then, a couple hours later, news came that a second $6 billion bid was submitted.

The price is notable. It would be the record for a sports franchise sale, blowing away the old record. The $4.65 billion sale of the Denver Broncos last year was the record. If the sale is exactly $6 billion, it's about a 30 percent jump from the previous record.

Source: Yahoo Sports

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