Mitchell Rales

Commanders’ Next HC To Report To Adam Peters

Ron Rivera wielded more power than his Commanders successor will possess within the organization. The since-fired head coach spent much of his time in Washington running the show; the team’s next HC will not.

The Commanders are planning to give their newly hired president of football operations, Adam Peters, the keys. Their to-be-determined head coach will report to Peters, according to SI.com’s Albert Breer. This will be a shift for the franchise, who gave Rivera personnel power during the final Dan Snyder years.

[RELATED: Ben Johnson Frontrunner For Commanders’ HC Job?]

While Peters follows Martin Mayhew as a Washington GM being hired from San Francisco, John Lynch‘s longtime lieutenant will be a more empowered figure with the NFC East franchise. After Washington spent 2020 without a GM, Rivera signed off on the Mayhew addition in 2021. While Mayhew held considerable power, Rivera was ultimately in charge. The dismissed HC has since said this setup is not ideal, and new owner Josh Harris had long been expected to bring forth a shift. Following Mayhew and Ran Carthon, Peters is the third Lynch-era 49ers exec to land a GM gig.

Some teams have both their head coach and GM report to ownership separately, while others use the owner-GM-HC workflow model. After rumblings of Harris seeking an organizational restructure, the Commanders can now be slotted in the latter category. Regarding this Peters-fronted restructuring, the new front office boss will evaluate the team’s personnel setup. This evaluation, however, will not include Commanders president Jason Wright, per Front Office Sports’ AJ Perez. Wright’s work will fall outside of Peters’ purview. Snyder hired Wright to head up the team’s business side in 2020.

Peters will have authority to determine the roles of Mayhew and VP of player personnel Marty Hurney. Both of these execs have been rumored to be on the outs, but no firings are known to have transpired yet. Peters and Mayhew worked together for nearly four years in San Francisco. The Peters hire, rather than the organization going with its other finalist (Bears assistant GM Ian Cunningham), would seem to point to Mayhew staying in a different capacity.

Peters, who turned down the chance to interview for the Cardinals and Titans’ GM jobs last year, always loomed as a logical candidate. But he officially became a Commanders target in December, when former Golden State Warriors GM Bob Myers — brought in by Harris as an advisor during this transition — asked ex-Vikings GM Rick Spielman if he would also help out, Breer adds. These two did prep work beginning around Week 16, with Harris wanting good background in the event he fired Rivera. Spielman came up with a 15-person list for the football ops job, and he and Myers whittled it down to the Peters-Cunningham contingent.

Spielman, whom the Vikings fired following the 2021 season, did not tell anyone who he was working for during this research effort, per Breer. The first round of interviews occurred at Harris’ Miami office. Co-owners Magic Johnson, Mitchell Rales and David Blitzer also spent extensive time with the candidates, with Breer adding the latter trio offered Harris input that led to the Peters decision. We will soon see how the Spielman- and Myers-led research effort turns out on the coaching front.

Latest On Sale Of Commanders

In one of our most recent updates on the situation, we mentioned a meeting between Josh Harris and the NFL owners finance committee set to take place today. The meeting with the eight-member committee did, in fact, occur today, and according to Mark Maske and Nicki Jhabvala of The Washington Post, it went very well.

Harris attended the meeting with fellow investor Mitchell Rales. Rales, co-founder of the Danaher Corporation, is one of the group’s top investors and reportedly holds favor with the committee. Other reported investors include South American billionaire Alejandro Santo Domingo, whose family’s portfolio includes the likes of Anhueser-Busch InBev, Chilean bank Corpbanca, and Spanish bank Inmobiliaria Colonial, ex-CEO of Google Eric Schmidt, chair of the DC Open tennis tournament Mark Ein, and NBA Hall of Famer Magic Johnson.

The meeting was intended to be an opportunity for Harris to address a number of issues the committee had with his most recent proposal, namely issues concerning the amount of debt held by the potential new owner, as well as some tax and incentive issues. Maske and Jhabvala reported that the two and a half hour meeting “was productive and, barring any unforeseen setbacks, the sale is advancing toward expected ratification by the league’s team owners as soon as next month.”

In the meeting, Harris was apparently very cooperative and “continued to pledge to make the requested adjustments to his deal.” The impending ratification is contingent on Harris meeting those requests, but everyone around the situation seems nearly certain that he will be able to do that.

The next owners’ meeting isn’t scheduled to take place until October, but a call for a special session is expected to take place to assist the progress of the sale. The special session could take place as soon as late July and would require approval from 24 of the league’s 32 owners. The approval is not a main concern, as the owners generally follow the finance committee’s recommendations in situations like the sale of a franchise. The vote, theoretically, could be taken remotely, but for important matters such as this, the league tends to prefer an in-person meeting.

Part of the rush comes from the exclusivity of the deal. Harris reached a signed, exclusive agreement with current owner Dan Snyder on May 12, following the submission of a nonexclusive version of the deal to the NFL for an informal review. The exact number isn’t known but the time limit on Harris’ exclusivity is estimated to be either 60 or 90 days. Seeing as the next scheduled owners’ meeting is far beyond that deadline, the special session becomes crucial.

So, to this point, Harris and the finance committee have come to an agreement as to what will make the deal acceptable. The finance committee will meet several more times virtually to ensure that things are on track and a vote will hopefully be taken in the next 60 days. The owners are reportedly eager to approve the deal and oust Snyder, but they need Harris to meet their demands. The finish line is coming more and more into focus with each report and seems just on the horizon.

Investors In Josh Harris’s Investor Group Identified

The wait continues for the eventual sale of the Commanders from current owner Dan Snyder to the group headlined by Josh Harris. As the days pass without a final resolution, we continue to learn more and more about the situation.

Particularly, we’ve continued to acquire information concerning the makeup of Harris’s group. Long rumored to be involved in the sale, basketball legend Magic Johnson was confirmed by Ben Volin of the Boston Globe to be a minority investor. Johnson is reportedly expected to be in for about four percent of the purchase or approximately $240MM. Co-founder of the Danaher Corporation Mitchell Rales was also confirmed to be involved, according to Mark Maske and Nicki Jhabvala of The Washington Post.

Another limited partner was identified to be South American billionaire Alejandro Santo Domingo and his family, according to Scott Soshnick and Eben Novy-Williams of Sportico. The Santo Domingo family is worth approximately $12.2BB thanks to a portfolio that includes the likes of Anhueser-Busch InBev, Chilean bank Corpbanca, and Spanish bank Inmobiliaria Colonial. They are believed to be the richest family in Colombia, and Santo Domingo himself has an estimated net worth of $2.8BB, according to Maske and Jhabvala.

Additionally, ex-CEO of Google Eric Schmidt has been confirmed as another investor in the group, according to Giles Turner and Heather Perlberg of Bloomberg. Schmidt’s net worth is estimated around $21.7BB by some sources and $18.1BB by others. Schmidt left Google in 2018 and Alphabet, Google’s parent company, a year later.

While all these names have been confirmed as participating, one name was confirmed as not investing. Despite some speculation that former Washington head coach Joe Gibbs would be joining the investment group, it appears his only involvement in the sale is on an advisory basis. According to John Keim of ESPN, Gibbs “is close to Harris and has provided insight/counsel.”