Magic Johnson has joined Josh Harris’ bid to buy the NFL’s Washington Commanders
(LOS ANGELES, CA) Sports News: Laker Legend Magic Johnson is reportedly teaming up with billionaire NBA and NHL team owner Josh Harris in his attempt to purchase the NFL’s Washington Commanders.
The pair linked up last season when Harris was looking to buy the Denver Broncos. Johnson was welcomed to the group for the ultimately unsuccessful bid.
Commanders owner Daniel Snyder, long embroiled in several controversies and accusations of an abusive work environment and financial improprieties, is looking to fetch $7billion in a potential sale of the team.
Johnson, an NBA legend and former Los Angeles Lakers part-owner, is said to bring ‘both money and expertise’ to the table for Harris’ bid, Sportico reported Monday.
The 63-year-old is already involved in sports ownership with stakes in Major League Baseball’s Los Angeles Dodgers, Major League Soccer’s Los Angeles F.C. and the WNBA’s Los Angeles Sparks.
Billionaire Mitchell Rales, of Washington D.C., joined Harris’ bid as well, ESPN reported this month.
Harris is the principal owner of the Philadelphia 76ers and New Jersey Devils, and is the general partner of Premier League soccer team Crystal Palace. Rales is the founder of Danaher Corp.
