Washington Commanders Enter Purchase and Sale Agreement

Daniel Snyder's reign of terror is finally, mercifully coming to an end. Per ESPN's Adam Schefter, The Washington Commanders owner has reached an agreement with a partnership led by businessman Josh Harris to sell the team.

Washington Commanders and a partnership led by Josh Harris have entered into a purchase and sale agreement, it was jointly announced today.
— Adam Schefter (@AdamSchefter) May 12, 2023

Harris has become a major figure in sports. He led an investment group that acquired the Philadelphia 76ers in 2011 for $280 million. He followed that up by acquiring the New Jersey Devils and their home arena the Prudential Center in 2013 for $320 million. He also owns an 18% stake in Crystal Palace F.C.

Snyder's departure from the NFL is a long-awaited dream come true for fans. Snyder bought the Commanders in 1999 and quickly sent the once-proud franchise into a tailspin. After winning three Super Bowls in the 80s and 90s, the Commanders made the playoffs only six times under Snyder. He has also become an embarrassment to the league in recent years due to a series of increasingly embarrassing scandals.

Snyder's departure could go a long way to restoring credibility for the Commanders. The team currently ranks last in average attendance, and FedEx Field routinely ranks among the worst stadiums in the league. Among Snyder's many, many failures has been an inability to facilitate the construction of a new home for the team. Perhaps new ownership will expedite the process.