Dan Snyder’s tenure with the Washington Commanders appears to be over after nearly 30 years.
Snyder has agreed to sell the Commanders to a group led by Josh Harris, co-owner of the Philadelphia 76ers and New Jersey Devils, for $6 billion, Sportico reported Thursday. Snyder and Harris are reportedly hoping to execute a contract in a few days.
The Harris group also included billionaire Mitchell Rales and NBA legend Magic Johnson.
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Washington Commanders owners Tanya Snyder and Dan Snyder on the field before a Dallas Cowboys game at AT&T Stadium on October 2, 2022, in Arlington, Texas. (John McDonnell/The Washington Post via Getty Images)
The Commanders had no comment when contacted by Fox News Digital.
NFL Network noted that nothing has been finalized yet and that the contract must go through league approval.
In November, the commanders announced that Snyder has retained Bank of America Securities to consider the possible sale of the NFL franchise. Snyder and his family control all of the team’s stock after the minority partners were bought out in March 2021.
Snyder has come under fire in recent years and has faced pressure to sell the team.
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Daniel Snyder watches his team warm up before action against the Dallas Cowboys at AT&T Stadium. (Jonathan Newton/The Washington Post via Getty Images)
The organization changed its name from the Redskins to the Washington Football Team to the Commanders, as it faced pressure to change the nickname following the race riots in 2020.
The NFL fined the organization $10 million, and co-CEO Tanya Snyder was told to focus more on team affairs after reports surfaced in The Washington Post about workplace misconduct.
Congress began investigating the team in October 2021 when allegations of sexual harassment and workplace misconduct surfaced after then-Raiders head coach Jon Gruden resigned following leaked emails with then-Raiders head coach Jon Gruden. Commanders team president, Bruce Allen.
Allen was fired in December 2019 after 10 years with the franchise, where he held various executive positions.
The lawmakers’ investigation found that Snyder played a significant role in fostering a toxic work environment and pointed to evidence suggesting that Snyder impeded the NFL’s independent investigation into those allegations. Snyder refused to testify at a hearing before House lawmakers in June as part of the investigation.
Team co-owner Dan Snyder speaks during the announcement of the name change to the Washington Commanders at FedExField on February 2, 2022, in Landover, Maryland. (Rob Carr/Getty Images)
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The Commanders recently settled a dispute over season ticket deposits.
Fox News’ Chantz Martin contributed to this report.