Washington Commanders set to be sold for $6.05 billion
WIBC 9AM-Noon Podcast
WIBC
4.6 • 1.2K Ratings
🗓️ 14 April 2023
⏱️ 3 minutes
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| 0:00.0 | You know, it's going to owe some taxes, the due to owns the commanders. |
| 0:02.6 | Yeah. |
| 0:03.6 | This is incredible. |
| 0:05.4 | So Josh Harris and Mitchell Rails, this is a group led by these two. |
| 0:10.5 | And they have an agreement in principle to buy the Washington commanders from dance |
| 0:16.1 | nighter for $6 billion dollars. |
| 0:19.3 | That's with the B. |
| 0:20.3 | So let's put this in perspective. |
| 0:21.6 | I believe the previously, previous largest purchase of an American sports franchise was |
| 0:27.3 | the Walmart guy bought the Denver Broncos, 4.65 billion, I believe that was last year. |
| 0:35.5 | So this will be about 1.4 billion above that. |
| 0:39.4 | Now here is my thing on this dance nighter bought that team for $800 million in 1999. |
| 0:45.5 | So he's going to make 800 million in 1999. |
| 0:48.2 | So he's going to make roughly 5.2 billion before taxes on the sale of this franchise. |
| 0:57.3 | That franchise has been a dumpster fire the entire time he's owned it. |
| 1:01.5 | They've been in the news for all the wrong things, basically the entire time he's owned |
| 1:05.5 | it. |
| 1:06.5 | Toxicity. |
| 1:07.5 | He has been under investigation for years now as a relation to owning it, like everything |
| 1:12.1 | about this franchise has been a failure. |
| 1:14.6 | And yet he's going to make 5.2 billion. |
| 1:18.1 | Yeah. |
... |
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