He Washington Commanders they have a new ownership group, and after the next season, they may have a new identity.

nba Legend Magic Johnson, who, along with the group led by Josh Harris, bought the team from former owner Dan Snyder for a record $6.05 billion in a deal that NFL owners unanimously approved Thursday.

Washington Commanders owners Tanya Snyder, left, and Dan Snyder on the field before the Dallas Cowboys defeated the Washington Commanders 25-10 at AT&T Stadium on October 2, 2022 in Arlington, Texas. (John McDonnell/The Washington Post via Getty Images)

«It’s the biggest thing I’ve ever done. It’s a lifelong dream,» Johnson said in an interview with the TODAY Show that aired Friday morning.

NFL FINES DAN SNYDER $60 MILLION, RELEASES FINDINGS OF COMMANDERS INVESTIGATION AFTER TEAM SALE

«I think it’s going to be great. It’s going to be great for commanders Fans, It will also be great for the players and all the employees.»

Johnson said the new ownership group will «stay busy» with the work needed to change the organization, but when asked if the possibility of a name change was on the agenda, the Hall of Famer didn’t rule it out.

«I think everything is on the table, especially after this year. We’ll see where we are with the name, but I can’t say that right now.»

Magic Johnson speaks at an event

Magic Johnson speaks during the 2023 International Poverty Forum at the Delta Flight Museum on March 17, 2023 in Atlanta. (Derek White/Getty Images)

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«We’re going to spend this year understanding what we have in place, and then I’m sure [talk of a new facility] It will come up, the team name will come up eventually, but right now we have enough work to do and that will keep us busy.»

The Commanders retired their previous name in July 2020 after years of complaints that it was insensitive to Native Americans. Eighteen months later, Washington’s new identity was revealed.

However, the new name did not go down well with some fans, some even advocating keeping their placeholder name permanently: the Washington Football Team.

Seating at Fedex Field

Seats at Fedex Field display the Washington football team logo during warmups before an NFL football game between the Washington football team and the Philadelphia Eagles in Landover, Maryland on Sunday, September 13, 2020. (AP Photo/Susan Walsh, File)

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His biggest immediate challenge for the organization’s long-term future is a new stadium to replace FedEx Field, the team’s rush-to-finish home since 1997 in Landover, Maryland, which hasn’t aged well.

Virginia dropped a stadium bill more than a year ago, but the site of RFK Stadium, the club’s previous home in the capital city, has significant backing as a new venue location.

Associated Press contributed to this report.