Washington Commanders Officially Sold

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Cleveland Browns v Washington Commanders
LANDOVER, MD - JANUARY 01: A general view of the Washington Commanders logo on the stadium concourse before the game between the Washington Commanders and the Cleveland Browns at FedExField on January 1, 2023 in Landover, Maryland. (Photo by Scott Taetsch/Getty Images)

Dan Snyder has officially sold the Washington Commanders.

The Washington Commanders have been officially sold by Dan Snyder. The deal was made official on Thursday. The agreement was made official on Thursday, with Commanders fans rejoicing. The deal is reportedly for $6 billion, with the new ownership group consisting of the co-owner of the Philadelphia 76ers and Magic Johnson. The sale has been a long time coming for Commanders fans. Snyder has been the focal point of numerous scandals throughout the years. Now the painful nightmare is over for the Commanders faithful.

It has been no secret that the Commanders have not been one of the most well-run organizations in sports. During the season, videos were shared showing the stadium basically falling apart. However, it seemed to fans that ownership didn't care about their experience at the stadium. Ownership had no reason to care as long as tickets were still being sold. Finally, it felt like the frustration of the city had reached a fever pitch. Snyder's days as the owner of the Commanders were numbered. Finally, a fan base drenched in misery can celebrate something positive happening.

Washington Commanders Find New Ownership

Six billion dollars is a hefty price. However, the value of NFL franchises will only go up with the dominating success of the sport. The NFL has become the most popular sport in the United States. The league continues to see betting wars to have their games on certain networks. Recently, YouTube paid a steep price for the rights to NFL Sunday Ticket. A subscription service that had long found DirecTV as its home. Now Sunday Ticket and the league will embark on a new venture with a popular streaming service.

NFL ownership is a billionaire's playground. However, Dan Snyder seemingly ran a once great franchise in the Washington Commanders straight to the dirt. But brighter days seem to be ahead for the organization and its fans. The Commanders finished in last place of a stacked NFC East last season. However, the change in ownership could begin a positive trajectory for the franchise. For the latest news regarding all things NFL, keep it right here with HNHH.

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About The Author
Tyler Reed is a current Sports Writer for HotNewHipHop. He started back in March of 2023 with the company. During his time Tyler has shown his expertise in all things sports. Ranging from NBA news, all the way to boxing and MMA. He has bylines with several outlets, such as Busted Coverage, where Tyler has covered the NFL, College Football, WWE and beyond. Tyler has also written for Detroit Jock City, Wildcat Blue Nation and Swarm and Sting for the FanSided Network. Tyler is a massive Detroit Lions and Cincinnati Reds fan. Being from Kentucky, he chose connections to sports franchises that he enjoyed watching as a child. Unfortunately, his professional fandoms have only brought him pain. Tyler's hobbies outside of work include exercising and binge-watching the same shows he has watched for the last decade while endlessly scrolling through social media. His favorite hip-hop artists are Drake, Kendrick Lamar, and Kentucky's own Jack Harlow.