NFL owners to delay vote on Commanders' sale
A vote to approve the record sale agreement of the Washington Commanders will not take place next week at the NFL's owners meetings.
NFL executive vice president Jeff Miller told reporters in a conference call the league will provide an update on the proposed ownership change at next week's meetings in Minneapolis, though a formal vote for approval will take place at a later time.
Earlier this month, embattled owner Dan Snyder agreed to sell the Commanders to a group led by Philadelphia 76ers and New Jersey Devils owner Josh Harris for $6.05 billion, the largest purchase price for a professional sports franchise in North America.
"The league staff and finance committee will continue to review the details of the transaction," Miller said on Thursday. "We will provide membership with an update in Minnesota."
The Harris group, which includes NBA Hall of Famer Magic Johnson, contains multiple limited partners which must be vetted by the NFL before a vote can proceed. The sale will require the approval of 24 of the league's 32 owners to become official.
"Any transaction like this deserves due process, and we will do it as expeditiously as we can. [We have] plenty of people working on it, and doing so is a priority," Miller added.
Snyder and his wife, Tanya, announced in November they would be putting the historic franchise up for sale following a congressional investigation into allegations of workplace misconduct and financial misdeeds.
The NFL launched an additional probe headed by former U.S. Attorney Mary Jo White, which is still ongoing.
The Snyder family purchased the Commanders, then known as the Redskins, from the estate of Jack Kent Cooke in 1999. After years of opposing changing the team's controversial nickname, Snyder finally relented in 2020 amid heavy pressure from activist groups and corporate sponsors.