Dan Snyder Agrees to Sell Commanders to Josh Harris-Led Group

Dan Snyder has agreed to sell the NFL’s Washington Commanders to a group led by Apollo Global Management Inc. co-founder Josh Harris.

In a joint statement, Snyder confirmed that Harris, along with minority owners including billionaire Mitch Rales, Blackstone Inc. executive David Blitzer, former Google CEO Eric Schmidt, and NBA legend Earvin “Magic” Johnson, would acquire the football team.

The deal is valued at $6 billion, Bloomberg previously reported, which would be a record for a US professional sports franchise. The statement didn’t specify a price.

“We are very pleased to have reached an agreement ...