Washington Commanders owners Dan and Tanya Snyder are facing legal trouble, and as a result, the team has an uncertain future. More info here.
The final report from the US House Committee on Oversight and Reform indicates that Daniel Snyder enabled and participated in the team’s long-standing toxic work culture and obstructed a congressional investigation. In addition to intimidating and threatening key witnesses so that they would not give statements.
In addition, it is also mentioned that the league was complicit in Snyder’s efforts by not cooperating with the congressional investigation.
Carolyn Maloney, a Democratic representative of New York, commented on the report. “We saw efforts that we had never seen before, at least not me, the NFL knew about it, and they took no responsibility.”
Maloney also referred to an investigation he conducted with attorney Beth Wilkinson in 2020-21 about the Commanders’ workplace “Then they go around and fix it so she can’t speak. Their report will never be made public, but it was supposed to be that they hired her to address it. The hypocrisy. The concerted effort to hide what they acknowledged.
“The NFL chose to bury Ms. Wilkinson’s findings and cover up the misconduct she discovered”
Washington Commanders for sale
Due to all the problems Dan and Tanya Snyder are going through, they are looking at the possibility of selling the team.
In a joint statement by the couple, they reported that they hired Bank of America Securities to analyze potential buyers.
In the past, Snyder has refused to sell the team and has even had confrontations with the other owners and the NFL commissioner himself, but it seems that the pressure has ended up making him give in.
According to the prestigious Forbes magazine, the Washington Commanders are worth $5.6 billion, seven times what Snyder paid in 1999, so selling the team right now doesn’t seem like a bad deal.
Forbes also reports that at least four potential bidders have already contacted Snyder and his team for negotiations.
Roger Goodell is skeptical about the sale of the Commanders.
NFL commissioner Roger Goodell stated that he has no expectations about the possible change of ownership of the Washington Commanders.
“(Commanders owner) Dan (Snyder)’s statement that he put out (in early November) was that he was exploring that,” Goodell told reporters from the December League Meeting in Irving, Texas. “We’ll continue to work with him on that.”
Goodell also mentioned that changes had been seen in the Commanders with respect to what the published report details.
“As it relates to the House Oversight, I think we’ve been consistent on this since Day 1,” Goodell said. “We fully cooperated; we think we handed over 500,000 documents that we submitted; I personally spent two-and-a-half hours in testimony, I think someone told me it was 120 questions during that time period, so I really feel from the standpoint of cooperation, we obviously know that because we have audits going on with the club that because of the discipline, because of the terrific investigation led by an independent counsel in this case, that the change has occurred in the Washington Commanders organization. audits, so that’s the outcome we were seeking, so I think that is the outcome we all wanted, so I don’t have anything further to say about it.”
The odds for the next owners
As you know, today, you can bet on almost anything, and there is a betting market for who will be the next owner of the Commanders.
Jeff Bezos + Jay-Z +200
Behdad Eghbail Group +325
Josh Harris Group +550
John Henry Group +575
Daniel Snyder +1500
Byron Allen +1800
Ted Leonsis +2500
Mat Ishbia Group +3500
The Field +600
Jeff Bezos has commented in the past that he would like to own a team and being one of the wealthiest men in the world; he can afford it.
In addition, Bezos already owns other iconic elements of the city, such as the Washington Post, and this city is his permanent home.
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