PHOENIX — The process of finding a new owner for the Washington Commanders has entered a new phase.
According to multiple reports, a group led by Josh Harris and Mitchell Rales — and including Lakers legend Magic Johnson — has submitted a fully financed bid for the franchise, now owned by the embattled Daniel Snyder. ESPN, citing an unnamed source, has reported the group has met Snyder's $6 billion asking price.
But there are more billionaires in the mix, among them Canadian developer Steve Apostolopoulos — ESPN has reported he too has submitted a bid of $6 billion — and Houston Rockets owner Tilman Fertitta. Some people anticipate Amazon founder Jeff Bezos to enter the fray.