TopheadlinesTopheadlines
    What's Hot

    Oz, Trump’s Medicare Nominee, Pledges to Divest Interests in Health Care Stocks

    February 20, 2025

    Progressives align with DOGE on defense cuts: ‘Let's play ball’

    December 8, 2024

    A recently spotted space object is puzzling scientists

    June 7, 2024
    Facebook Twitter Instagram
    Trending
    • JJ Gabriel on the verge of joining Real Madrid: Man United wonderkid, 16, is finalising move to Spanish giants after Old Trafford quit bombshell
    • Is Heinz tomato soup healthy? Dietitians reveal the surprising benefits of canned soups – and the best pick for a filling, fibre-packed dinner
    • Client Challenge
    • Flouting Consumer Law, Insurers Refuse to Pay Medical Bills for Emergency Care
    • Champions League: Carrick fights for Man U life, Inter’s crisis, more
    • Trouble for anxiety sufferers as Whole Foods anti-anxiety capsules are recalled over Salmonella fears
    • Thierno Barry’s revival: From nightmare debut season to Everton hero
    • DR SAIRA BANO: Why I’ll be switching many of my patients to Reta as soon as I can – the new weight-loss drug is the only hope for those unable to get over the ‘Mounjaro plateau’
    Facebook Twitter Instagram
    TopheadlinesTopheadlines
    • Latest News

      Inside Epstein’s Zorro Ranch ‘where paedophile looked to carry out human experiments and create super-race breeding facility’ and ‘buried girls who were strangled during sex’

      February 24, 2026

      Cheating Utah ‘grief author’ heard sobbing down phone to 911 operator after allegedly murdering husband with poisoned Moscow mule

      February 23, 2026

      Victim reveals how she was left with flesh-eating disease after GP did not see her face-to-face then fled to India

      February 23, 2026

      ‘Andrew, the prince of darkness’: Global media mark ‘the end of privilege’ for Mountbatten-Windsor and gloat that the royal is ‘at rock bottom’

      February 22, 2026

      Melania Trump stuns in silver pants as she arrives at controversial Governor’s Dinner with husband Donald as dozens threaten boycott after president’s turbulent week

      February 22, 2026
    • Politics

      Law enforcement says eight killed by avalanche in California mountains | Weather News

      February 18, 2026

      Bangladesh PM-to-be and lawmakers sworn into parliament | Sheikh Hasina

      February 17, 2026

      Hillary Clinton gets in testy exchange with European leader over Trump

      February 16, 2026

      At least 11 Palestinians killed in Israeli attacks across Gaza | Gaza News

      February 15, 2026

      DOJ sends letter to Congress with list of people named in Epstein files, including Trump: Report

      February 15, 2026
    • Tech

      Apple’s AI Wearables Expected to Lean Heavily on Visual Intelligence

      February 23, 2026

      What to Know About At-Home STI Tests: Pros, Cons, and Recommendations (2026)

      February 23, 2026

      10 Clever Home Appliance Innovations You’ll See in 2026

      February 22, 2026

      Runlayer is now offering secure OpenClaw agentic capabilities for large enterprises

      February 22, 2026

      Tesla's "cheaper" Cybertruck arrives at $59,990, still far from the $40K promise

      February 21, 2026
    • Business

      Retailers say Budget will make it harder to hire young people

      November 2, 2026

      Healey faces bingo backlash as Budget tax raid puts 77 sites and 1,200 jobs at risk

      October 30, 2026

      Fed Holds Rates Steady Despite ‘Elevated’ Inflation

      October 29, 2026

      ‘We cannot tax our way to prosperity’: Chancellor urged to back British business or face ‘generation of stagnation’

      October 26, 2026

      JEFF PRESTRIDGE: 432,000 Waspi women have died without the pension compensation they deserve. Labour has betrayed them. Now Burnham must come clean about what he’s ACTUALLY going to do for them

      October 25, 2026
    • Sports

      JJ Gabriel on the verge of joining Real Madrid: Man United wonderkid, 16, is finalising move to Spanish giants after Old Trafford quit bombshell

      November 4, 2026

      Client Challenge

      November 3, 2026

      Champions League: Carrick fights for Man U life, Inter’s crisis, more

      November 3, 2026

      Thierno Barry’s revival: From nightmare debut season to Everton hero

      November 2, 2026

      Bruno Fernandes holds back TEARS after Man United beaten by Chelsea: Captain appears emotional as return to squad after public criticism of Michael Carrick ends in defeat

      October 31, 2026
    • Health

      Is Heinz tomato soup healthy? Dietitians reveal the surprising benefits of canned soups – and the best pick for a filling, fibre-packed dinner

      November 4, 2026

      Flouting Consumer Law, Insurers Refuse to Pay Medical Bills for Emergency Care

      November 3, 2026

      Trouble for anxiety sufferers as Whole Foods anti-anxiety capsules are recalled over Salmonella fears

      November 3, 2026

      DR SAIRA BANO: Why I’ll be switching many of my patients to Reta as soon as I can – the new weight-loss drug is the only hope for those unable to get over the ‘Mounjaro plateau’

      November 2, 2026

      DR ELLIE: Why I think countless women in their early 40s are being MISDIAGNOSED with perimenopause: Fatigue, anxiety, palpitations, sudden weight changes. Sound familiar?

      November 1, 2026
    • Science

      Ever wonder where our math symbols came from? Here are their stories

      February 19, 2026

      Some dog breeds carry a higher risk of breathing problems

      February 19, 2026

      New study links early smartphone ownership to health risks

      February 18, 2026

      The Story of Stories traces the arc of storytelling across human history

      February 17, 2026

      Listen to the crackle of ‘mini-lightning’ on Mars

      February 16, 2026
    • Entertainment

      Paul McCartney and Wings Exhibit Set at Rock & Roll Hall of Fame

      February 18, 2026

      Warner Bros Latest Hollywood Studio To Warn Seedance Over AI Infringement

      February 18, 2026

      Cardi B on Stefon Diggs Relationship Status

      February 17, 2026

      Jelly Roll Will Receive Country Radio’s Humanitarian Award

      February 17, 2026

      X Down For Thousands In U.S. And UK

      February 16, 2026
    TopheadlinesTopheadlines
    Home»Sports»NFL Approves $6 Billion Deal for Washington Commanders
    Sports

    NFL Approves $6 Billion Deal for Washington Commanders

    August 4, 20236 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    NFL Approves $6 Billion Deal for Washington Commanders
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Owners of the N.F.L.’s 31 other teams unanimously approved the sale of the Washington Commanders to a group led by Josh Harris, the private equity billionaire, who agreed to pay a record $6.05 billion to Daniel Snyder, the scandal-plagued owner of the team.

    The figure surpassed the previous highest price paid for an American sports team, the $4.65 billion a group led by the Walmart heir Rob Walton paid last year for the Denver Broncos. The Commanders transaction is expected to formally close as early as Friday. Snyder bought the team in 1999 for $800 million.

    “Josh will be a great addition to the N.F.L.,” Commissioner Roger Goodell said in a statement announcing the vote, adding, “I know he has a commitment to winning on the field, but also to running an organization that everyone will be proud of — and to making positive contributions in the community.”

    The vote, taken at an ad hoc, one-day meeting in Minneapolis, will allow Harris and his group to take control of one of the league’s cornerstone franchises, which under Snyder had endured years of losses on the field and bouts of chaos off it. Harris has a track record of improving the standings of the other professional teams he owns, the Philadelphia 76ers of the N.B.A. and the New Jersey Devils of the N.H.L.

    Harris and his group will focus on improving the team’s tattered image and explore options for repairing or replacing FedEx Field, the team’s home since 1997. The franchise owns land in Maryland and Virginia, the location of its training facility. But many N.F.L. team owners prefer that the Commanders build a new stadium in the District of Columbia, where the team played for most of its history.

    “This franchise is part of who I am and who I’ve become as a person,” Harris said, noting that he grew up rooting for the team in nearby Chevy Chase, Md. “A new era of Washington football is here.”

    Harris and his investment group, which includes the businessman and philanthropist Mitchell Rales and Magic Johnson, the retired N.B.A. star, will have their hands full. During Snyder’s 24-year tenure, the team made the postseason just six times, winning two playoff games. The once-dominant franchise, which won three Super Bowl titles in the 1980s and ’90s, saw attendance plummet to league lows as losses mounted, its stadium fell into disrepair and its owner alienated fans and sponsors with his pugnacity.

    Almost from the moment he bought the Washington franchise in 1999, Snyder butted heads with the league and his fellow owners over his flouting of the salary cap and his insistence that the team retain the original name and logo that the franchise had when it moved to Washington, even though many Native American groups considered it racist. The team changed its name to the Commanders in 2020.

    In 2020, the N.F.L. also began an investigation into reports of widespread sexual harassment in the team offices. After investigating the claims, Goodell fined the team $10 million, but, under pressure from Snyder, did not release the league’s findings. The decision prompted members of Congress to begin their own inquiry, which uncovered more allegations of harassment and financial fraud.

    In a 79-page report, the House Committee on Oversight and Reform said that Snyder, aided by the N.F.L. and Goodell, suppressed evidence that he and other team executives sexually harassed women who worked at the team over two decades.

    The committee said Snyder went to extraordinary lengths to stall investigations into him and his team. The efforts, the report said, included his attempt to pay former employees “hush money” to not discuss their experiences, the refusal to release one woman from her nondisclosure agreement after she settled a sexual misconduct claim against Snyder for $1.6 million and the use of private investigators and leaked emails to intimidate former employees into declining interview requests.

    The league hired Mary Jo White, a former federal prosecutor, to look into the allegations unearthed by the committee. White’s report was released following the league’s approval of the sale.

    In her 17-month investigation into the team, White found that Snyder sexually harassed a woman who was both a former cheerleader and marketing employee for the team, and substantiated claims that the team intentionally withheld about $11 million in revenue that was supposed to be shared among the league’s 32 teams.

    The investigation could neither conclude nor rule out that Snyder directed or participated in this revenue-shielding, but that “at a minimum, he was aware of certain efforts to minimize revenue sharing.”

    The league fined Snyder a record $60 million.

    Snyder had asked the N.F.L. to indemnify him from liability in outstanding and potential future legal disputes, but did not receive such protection.

    For years, Snyder controlled a majority stake with a small group of relatives and friends, as well as three limited partners, including Fred Smith, the chairman of FedEx, who together owned the remaining 40 percent of the club. In 2020, the partners accused Snyder of mismanaging the team’s finances. Snyder accused them of leaking damaging information about him and the toxic work culture at the team’s office as a way to force the sale of the club.

    Owners of the N.F.L.’s other teams, hoping to bury the messy dispute, gave Snyder a waiver to take on hundreds of millions of dollars in additional debt to buy out his partners for $875 million.

    With the team foundering and Snyder engulfed in scandals, the owners began to contemplate ways to force him out. In October, the Indianapolis Colts owner Jim Irsay became the first owner to publicly say Snyder ought to leave the league. Two weeks later, Snyder said he had hired bankers to explore a sale of the club.

    Snyder was eager to find a buyer willing to pay $7 billion, but he ultimately settled on Harris, who brought in more than a dozen investors to join the bid. The league’s finance committee, which vets applications for teams, had been uncomfortable with the amount of debt Harris was using to finance the purchase. But Harris put up more of his personal fortune to guarantee some of that debt.

    The finance committee voted informally on Monday to approve the purchase plan, paving the way for the full ownership to vote on the transaction on Thursday.

    While Snyder no longer owns the team, an investigation into allegations of financial improprieties by the Commanders continues in the Eastern District of Virginia. Harris will also have to overcome Snyder’s rocky relationship with local politicians, many of whom were angered by his reluctance to abandon the team’s longtime name. For years, lawmakers in the District, and on Capitol Hill, would not consider allowing Snyder to build on the site of R.F.K. Stadium.

    With Snyder gone, that resistance may soften. In December, Goodell spoke with Mayor Muriel Bowser of the District of Columbia, who needs the support of the federal government because the National Park Service controls the 190-acre site.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    JJ Gabriel on the verge of joining Real Madrid: Man United wonderkid, 16, is finalising move to Spanish giants after Old Trafford quit bombshell

    November 4, 2026

    Client Challenge

    November 3, 2026

    Champions League: Carrick fights for Man U life, Inter’s crisis, more

    November 3, 2026
    Top Posts

    JJ Gabriel on the verge of joining Real Madrid: Man United wonderkid, 16, is finalising move to Spanish giants after Old Trafford quit bombshell

    November 4, 2026

    Francis Ngannou claims he is Man United’s ‘favourite heavyweight boxer’ as he teases Tyson Fury

    July 31, 2023

    Turn Your Favorite Pet Photos Into a Pawfect Portrait for Just $20

    July 31, 2023

    Mauricio Diazgranados Is a Botanist in a Hurry

    July 31, 2023
    Don't Miss
    Health

    The drug that can end the agony of gout… but experts warn patients are getting just a third of what they need

    Health 5 Mins Read

    Patients with debilitating gout are being failed by the NHS because of outdated practices which…

    2025 Belmont Stakes horses, odds, entries, date: Expert who nailed Derby, Preakness says picks, predictions

    June 3, 2025

    Migrant dies in English Channel trying to get to UK as French authorities are called to rescue 66 people from overloaded boat that was sinking

    December 15, 2023

    Biden’s legacy is Gaza genocide, Palestinian rights advocates say | Israel-Palestine conflict News

    July 22, 2024
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    About Us
    About Us

    Delivering timely and accurate news updates, our website keeps you informed on the latest events, politics, entertainment, and more. Dive into captivating articles crafted by our team of expert writers, providing a comprehensive view of the world. Stay ahead with our trusted news source.

    Facebook Twitter Instagram
    Our Picks

    Charli XCX Closes ‘Brat’ Tour With Cryptic Message

    August 16, 2025

    Trump Plans to Pull the U.S. Out of the Paris Agreement on Climate

    January 21, 2025

    Spread of bird flu in the US sparks expanded mass testing of dairy products

    June 26, 2024
    © 2026 Designed by TopHeadlineSpot.
    • Business
    • Latest News
    • Politics
    • Health
    • Entertainment
    • Sports
    • Science
    • Tech

    Type above and press Enter to search. Press Esc to cancel.