A group led by Apollo Global Managementco-founder Josh Harrishas placed a bid for the NFL’s Washington Commanders, according to a person familiar with the matter, kicking off a race for what could be a record sports deal.
Harris is leading a group of investors including NBA legend Earvin “Magic” Johnson and fellow billionaire Mitchell Rales. The Commanders, owned by Dan Snyder, hired a bank to explore sale options in November and has been soliciting bids in recent months. Snyder is looking for offers near $6 billion, according to people familiar with the matter.
Josh Harris
Photographer: Jesse D. Garrabrant/NBAE/Getty Images
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