The daily business briefing: April 14, 2023

The Snyders reach record $6 billion deal to sell Washington Commanders, Enel announces plan to add 10,000 EV fast charges in U.S., and more

Washington Commanders
(Image credit: Rob Carr/Getty Images)

1. Snyders reach deal to sell Washington Commanders for record $6 billion

Washington Commanders owners Dan and Tanya Snyder reached a preliminary deal on Thursday to sell the NFL team for the highest price ever paid for a North American sports franchise. A group led by Josh Harris, already a co-owner of the NBA's Philadelphia 76ers and the NHL's New Jersey Devils, has agreed in principle to pay $6.05 billion for the Commanders, multiple media outlets reported, citing people familiar with the deal. A sale would need the approval of three-quarters of the professional football league's owners. The bid by Harris' group, which includes Magic Johnson, exceeded the previous record price for an NFL team of $4.65 billion, which a group led by Walmart heir Rob Walton paid for the Denver Broncos in August.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.