John KimESPN staff writer3 minutes to read
NFL Owners Won’t Vote A league official said Thursday Washington’s leaders will be selling at their Minnesota meetings next week.
Dan and Tanya Snyder reached a leader buy and sell deal on Friday with a group led by Philadelphia 76ers and New Jersey Devils co-owner Josh Harris. The Snijders, who first announced their intention to sell in November, agreed to sell the team for $6.05 billion.
While a vote this month was deemed unlikely, Jeff Miller, the NFL’s executive vice president of communications, public affairs and politics, said there will be no vote when the owners meet in Minneapolis on Sunday and Monday.
“The league staff and finance committee will continue to review the details of the deal,” Miller said on a conference call to review the meetings. “We will update membership in Minnesota.”
A signed document has been submitted to the NFL and the league’s finance committee must review the documents and investigate investors. The Harris Group has at least 12 silent partners who, according to a statement announcing the agreement last week, must all be vetted, as well as how long that might take.
While some league owners and sources have expressed concerns about the structure of Harris’s bid, a source close to him said the NFL has not expressed any concerns to the group. The source said that the Harris Group’s net worth is close to $100 billion.
The sale would be the largest in the sport’s history. On June 7 last year, the Walton family reached an agreement to buy the Denver Broncos for $4.65 billion. The finance committee recommended approval on July 27, and the other owners voted in favor on August 9.
“Any transaction like this deserves due process and we will do it as quickly as possible,” Miller said. “[We have] A lot of people are working on it, and that’s a priority.”
Miller also said nothing has changed in Mary Jo White’s investigation into Dan Snyder. Miller reiterated that the NFL will release the results once the investigation is complete, which began in February 2022 following a new allegation of sexual harassment against Snyder by former team employee Tiffany Johnston.
It is also possible that White will investigate other allegations from the past. The Chiefs were fined $10 million in July 2021 as a result of the league’s investigation into the work culture that developed during Snyder’s tenure. The congress then also examined the team’s work culture.