The Los Angeles Lakers legend Magic Johnson reportedly wants a piece of the Washington Commanders. According to multiple reports, Johnson will bid on the Commanders as part of the group helmed by Apollo Global Management founder Josh Harris.
Johnson was previously also involved in Harris’ unsuccessful bid for the Denver Broncos. He already has minority ownership in several professional sports teams, including MLB’s Los Angeles Dodgers, MLS’ LAFC, and the WNBA’s Los Angeles Sparks.
Harris, who already owns NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils, is considered one of the main candidates to be the new Commanders’ owner but is reportedly facing tough competition. There are at least three other prospective buyers, with one of them being the Houston Rockets’ owner Tilman Fertitta.
The Washington Commanders were put up for sale back in November, but the process has been slowed down by team owner Dan Snyder’s high asking price. Sportico previously reported that Snyder wants to get at least $6 billion for the team, while the highest bid so far came at $5.5 billion. Either would break the NFL record, which is currently $4.6 billion that Walmart heir Rob Walton paid for the Broncos.
If Snyder manages to get a deal with a buyer in the near future, the sale would reportedly have to wait until May and the next NFL owners meeting to be approved.
