Ravens Cross-Town Rival Washington Commanders One Step Closer to Sale
The sale of the Baltimore Ravens' cross-town rival Washington Commanders is one step closer to a done deal.
Paperwork was signed on Friday by current owners Daniel and Tanya Snyder and prospective owner Josh Harris to convert the existing non-exclusive arrangement to an exclusive one. In order to become official and transfer actual ownership, the deal must be approved by 24 of the league's 32 owners.
It's unknown how long the actual window is for that deal to get done, but per The Washington Post, Harris will incur a "breakup fee" if the agreement is not ratified by a certain date.
“We look forward to the formal approval of our ownership by the NFL in the months ahead and to having the honor to serve as responsible and accountable stewards of the Commanders franchise moving forward,” Harris said in a statement, per The Post. “On behalf of our entire ownership group. ... I want to express how excited we are to be considered by the NFL to be the next owners of the Washington Commanders and how committed we are to delivering a championship-caliber franchise for this city and its fan base. Growing up in Chevy Chase, I experienced firsthand the excitement around the team, including its three Super Bowl victories and long-term winning culture.”
Snyder, who has owned the team for 24 years, commented on the next step:
“We are very pleased to have reached an agreement for the sale of the Commanders franchise with Josh Harris, an area native, and his impressive group of partners,” the Snyders said in a statement, per The Post. “We look forward to the prompt completion of this transaction and to rooting for Josh and the team in the coming years.”
For months, the NFL and Washington fans appear to have been ready to move on from the Snyder era. The Commanders have proven to be one of the most dysfunctional and poorly-run franchises in all of sports.
And now, we're one step closer to that era finally coming to an end.
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