More investors join ownership group to purchase Washington Commanders

WASHINGTON — Another local billionaire has joined the ownership group looking to buy the Washington Commanders. 

Last week, billionaire Alejandro Santo Domingo and investor Mitchell Morgan joined the group headed by Josh Harris. Now, a source confirms to WUSA9 that Eric Schmidt is also a member of the ownership group. 

Schmidt is from Falls Church, Virginia, and is the former CEO of Google. According to Forbes, Schmidt is the 92nd wealthiest person in the world. He is worth an estimated $18.1 billion. 

Morgan and Santo Domingo were identified as members of the group on Friday. Morgan is the founder of Morgan Properties. According to the company's website, Morgan Properties is the largest apartment owner in Maryland, Pennsylvania and New York. 

Santo Domingo has an estimated net worth of $2.8 billion. The Santo Domingo family is worth $12.1 billion, with stakes in Anheuser-Busch and a couple of international banks. 

The new investors join Harris, who Philadelphia 76ers and New Jersey Devils, along with Mitchell Rales and NBA star Magic Johnson. The Harris group has placed a $6.05 billion bid to purchase the Commanders from current embattled owner Dan Snyder. 

The NFL and Snyder are moving toward a possible preliminary approval to make the Josh Harris group the new owners of the team. At least 24 of the 32 team owners across the league would need to ratify the sale of the team before it is made official.