The $6.05 billion purchase price would be reduced to about $6 billion discounting the $250 million over two years.
Taylor Heinicke #4 of the Washington Commanders celebrates after Terry McLaurin #17 catches a touchdown reception during the third quarter of the game against the Green Bay Packers at FedExField on October 23, 2022 in Landover, Maryland. The proposal in front of the NFL by a group led by Josh Harris to buy the Washington Commanders calls for $5.
The $6.05 billion purchase would get reduced to about $6 billion discounting the $250 million over two years.of the Cleveland Browns in 2012. Under the proposal, which is non-binding at the moment, Harris would own 30% of the NFL team and be the managing partner, There would be 17 limited partners, the biggest of which would be Michael Rales, who would own 12%. NBA legend MagicAssuming Harris group uses the league’s maximum allowable debt to buy the team, $1.1 billion, Harris would have to put in nearly $1.5 billion of equity.
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