How Josh Harris’s Washington roots inspired him to buy the Commanders

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How Josh Harris’s Washington roots inspired him to buy the Commanders
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New owner of the Washington Commanders Josh Harris, who also owns the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils, hopes to raise the bar in Washington, largely because of his personal connection to the area and the team.

When the screams and whistles finally quieted, the new owner of the Washington Commanders told the crowd how glad he was that the fans hung around to welcome him to FedEx Field.“I grew up here in Chevy Chase,” he began. “... The Washington Redskins — not the Dallas Cowboys, the Washington Redskins — were the number one franchise. We need to get back to those days!”

In 20 minutes, Harris achieved what no one else has over the past 20 years in Washington. He restored hope for the fans of a once marquee franchise. The dread of the next disappointment — because there always seemed to be a next one — finally dissipated and was replaced by an air of unadulterated joy.

“I remember literally going up and gazing up at Jack Kent Cooke [Stadium] and being like, ‘This is unbelievable,’ ” Harris said in an interview with The Washington Post. “So, yeah, I was a legit real fan and lived through all those experiences and all those years. … It’s part of my DNA. It’s part of who I am.”

“It wasn’t like [we had always planned to] keep investing,” Blitzer said. “But I think we both kind of had it in our heads, and as it started to play out, we got more and more excited about making it larger and broader as we went.”In the late spring of 2021, with Harris’s career at a crossroads — he announced plans to step down from Apollo after more than 30 years at the company — Ein suggested he meet with Rales, who had been an acquaintance of Harris’s for years.

“I think … the fact that it was his hometown was the whole reason that he stretched for it,” said Ein, who is also the chair of the DC Open tennis tournament. “... I think he was a little of the mind-set like not to do it. Only because it was Washington was the only reason he did it. I think otherwise he would have just passed.”Much of Harris’s career has followed a basic trend: Buy distressed assets and make them more valuable.

“It made an impression on me, and I did some fun due diligence as well by going to a few of the [76ers’] playoff games,” he said. “After being in Washington for as long as I’ve been, to get the feel of the playoffs again, you had goose bumps.”During Snyder’s 24-year ownership, Washington became the NFL’s biggest blemish, with more federal investigations than playoff wins.

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