With Mat Ishbia recently buying the Phoenix Suns, there has been a recent trend of Michigan State basketball alumni buying professional sports teams. While he’s no rookie at owning sports teams, Spartan legend Magic Johnson is keeping that recent trend going, as he is set to join the ownership group that just agreed to purchase the Washington Commanders from Dan Snyder.
The group, which will buy the team for $6-billion, is led by 76ers managing partner Josh Harris. This will be the highest price ever paid for a sports team.
Dan Snyder has agreed to sell the Washington Commanders for $6 billion to a group led by 76ers managing partner Josh Harris and including Magic Johnson, per @Sportico
It would be the highest price ever paid for a sports team. pic.twitter.com/xJDlSKSQyW
— Bleacher Report (@BleacherReport) April 13, 2023
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