Embattled Washington Commanders owner Dan Snyder has reached an agreement to sell his NFL team for a record sum, according to WUSA9 sources. Thursday afternoon, several reports said Snyder had a deal in principle with a group of billionaires, two of whom have roots in the DMV. A WUSA9 source says Snyder has reached an agreement with the Josh Harris group to sell the team for $6.05 billion. The group that sources say would take over ownership from Snyder includes Philadelphia 76ers owner Josh Harris, Washington-area billionaire Mitchell Rales and NBA great Magic Johnson. The $6.05 billion deal is the highest price paid for a North American professional sports franchise. Forbes estimates the team is worth $5.6 billion. The deal would be non-exclusive, meaning someone else could come into the ownership group. The sale of the Commanders is pending the execution of a contract and requires approval from 24 of 32 owners to pass. The last NFL team sale, the Denver Broncos, was unanimously approved. The earliest new ownership could take over is during the NFL's owners meeting on May 22 in Minneapolis. When asked for comment about whether the team had been sold, a spokesperson for the Commanders said, "We aren’t in a position to comment."