The long anticipated sale of the Washington Commanders is not yet official, but NFL owners are expecting the deal to cross the goal-line, with the new ownership group led by Philadelphia 76ers managing partner Josh Harris. The Washington Post’s weekend article on the sale also included a rather stunning piece of information.
One unnamed source (presumably another owner) considered the reported sale price of more than $6 billion to be “a little disappointing.”
Yes.
A little disappointing.
The reported $6 billion price tag would be a record for a sports franchise and is over $1.4 billion more than what the Denver Broncos fetched less than a year ago.
Consider that the Commanders have one of the worst stadium situations in the NFL, have had no recent success on the field and still must wash off the stench that came from the Dan Snyder era of failure and scandal.
With those factors taken into account, that $6 billion price tag should make NFL owners ecstatic, because it means their presumably better franchises, with better stadiums and presumed on-field success would be worth even more.
The NFL remains the king of North American sports and there are only 32 franchises in the league. Anything that boosts the value of them should be a reason for celebration for the owners. The Commanders selling for $6 billion should qualify for a popped bottle of champagne or two.