As the NFL moves toward approving Josh Harris’s tentative $6.05 billion deal to purchase the Washington Commanders from Daniel Snyder, more of the investors in Harris’s group, like Alejandro Santo Domingo and Mitchell Morgan, are becoming publicly known.
Alejandro Santo Domingo, a senior managing director of New York investment firm Quadrant Capital Advisors, Inc. and a billionaire heir to a family beer fortune, and Mitchell Morgan, the founder and chief executive of Pennsylvania-based Morgan Properties, are limited partners in the group, a person familiar with the situation confirmed.
They join previously known investors Mitchell Rales, the co-founder of the Danaher Corporation, and former NBA great Earvin “Magic” Johnson.Harris is the owner of the NBA’s Philadelphia 76ers and the NHL’s New Jersey Devils. The Commanders’ sale price would set a record for an NFL franchise, surpassing the $4.65 billion a group led by Walmart heir Rob Walton paid last year to buy the Denver Broncos from the Pat Bowlen Trust.Forbes estimates Santo Domingo’s net worth at $2.8 billion.
Santo Domingo is married to Lady Charlotte Wellesley, the daughter of the Duke of Wellington. Spain’s former king, Juan Carlos I, attended their 2016 wedding in Spain. Santo Domingo’s niece, Tatiana Santo Domingo, is married to Andrea Casiraghi of Monaco, the grandson of Grace Kelly. Santo Domingo did not respond to a request for comment. Other family members could be investors in Harris’s group.
Morgan founded Morgan Properties in 1985, according to the company’s website, which says it is the largest apartment owner in Pennsylvania, Maryland and New York. According to the company, Morgan is a Temple University alum who serves as chairman of the school’s board of trustees.“At this time, Morgan Properties is not commenting on Mitchell Morgan’s involvement with Josh Harris’s group,” the company said through a spokesperson.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
As stadium competition looms, Commanders lobby Congress over future of RFKThe Commanders are lobbying legislators to give D.C. control over the site, which would pave the way for the city to offer it as a potential home for the team.
Read more »
Perspective | The Commanders name was a mistake. Josh Harris should change it.Josh Harris will have plenty to do when he acquires Washington's NFL franchise. Changing the team's toxic name is an easy first step.
Read more »
NFL is talking with Daniel Snyder reps; sale approval could come in stagesThe NFL is engaged in discussions with representatives of Washington Commanders owner Daniel Snyder, and it appears that the next step of the pending sale will be a conditional approval that is atypical in such transactions.
Read more »
Rauw Alejandro and Bad Bunny Lead Premios Tu Música Urbano NominationsPremios Tu Música Urbano announces the nominations for this year's awards show. rauwalejandro leads the nods with a total of 11
Read more »
Josh Hart ‘did everything’ down stretch to get Knicks back into seriesHart’s 3-pointer with 1:38 left pushed a one-point lead to four, and then he made big plays at both ends of the floor the rest of the way, helping the Knicks pull out a gutty, 111-105 Game 2 win.
Read more »
Jalen Brunson, Josh Hart gave Knicks new life in seriesJalen Brunson and Josh Hart guided the Knicks through some tight moments en route to a key 111-105 Game 2 win over the Heat on Tuesday night at MSG.
Read more »