The Josh Harris-led group seeking to buy the Washington Commanders forwarded a proposed $6.05 billion purchase of the team to the NFL that includes language to partly indemnify outgoing owner Dan Snyder for future litigation stemming from the many pending investigations into his tenure, according to a person close to Harris.
The provision would partially protect Snyder from legal liability based on the outcomes of the probes.
Sportico first reported the bid had been forwarded to the NFL. The move is quite unusual as sales agreements typically only get sent to the league by the selling team once an agreement is signed.
What to know about where things stand
The person close to Harris said there are some issues that need approval from the league, like indemnification, before the contract can be signed and that is why it was forwarded to the NFL.
- The indemnification provision would be between Harris and Snyder, not the league. Snyder has been seeking that cover from both the buyer and the league.
- Why the Harris group needs the league’s approval is unclear, but it’s been widely reported Snyder has not been communicating with the league.
- The developments emerge as the league awaits the Mary Jo White report on investigations into whether Snyder harassed a female employee, and if the…
