Washington Commanders owner Dan Snyder hires Bank of America to explore possible sale

CNBC ^ | November 2, 2022 | Alex Sherman and Jessica Golden

[C19fan]

Washington Commanders owner Dan Snyder has hired Bank of America to explore “potential transactions,” the team said Wednesday.

The NFL team hired the bank to help facilitate a potential sale, according to a person familiar with the matter.

[C19fan]

I am old enough to remember when the Redskins were the toast of DC. RFK would literally rock during big games. All the DC politicos would pull favors to get tickets. If I remember right, the waiting list for season tickets was measured in decades. The downfall started when Jack Kent Cook moved to soulless Laurel, MD. Once Snyder got his hand on the team it has been a Fall on par with Rome. Snyder got lucky being one of the first generation Dot.com billionaires with along with Mark Cuban. After that he had sucked every last cent out of the Skins. The best conteast is his nine figure yacht on the Chesapeake while the team and facilities are dumps and dumpster fires.

[BenLurkin]

[1Old Pro]

Go woke, go broke

[Repealthe17thAmendment]

I was never much of a Redskins fan, but they were a good team back in the day. Not feeling sorry for Dan Snyder one bit because it sounds as though he is quite a jerk. That’s not to say that jerks shouldn’t own teams, but they shouldn’t mismanage them the way Snyder has mismanaged Washington.

[Jamestown1630]

I think you meant Landover, not Lanham (?)

[DEPcom]

Is that a new team?

[MtnClimber]

I thought they changed their name to the “Rubbed Raw Beavers” in support of Lie-o-watha the fake indian.

[WashingtonSource]

Schadenfreude alert!

Ha ha ha ha. Ha ha ha ha. Bwa ha ha ha Bwa ha ha ha. Hardy har har.

I will be chuckling about this for years to come.

[blackdog]

Score: Dan Snyder = 0

Jerry Jones = 1

[nickcarraway]

Not really. Because Jerry Jones is very anti Goodell and this is good for goodell.

[chajin]

He would need to offer aloe to the new owners, so that they can take care of their red skin

[Jamestown1630]

OOOOps. Landover not LAUREL.

[Bonemaker]

Whoever buys it turn it back to the Redskins already! Dumshit Snyder.

[Wally_Kalbacken]

I’m not sure I know or care about the issues and claims about Snyder. True, false or somewhere in between, I couldn’t care less. What I find interesting is the phenomenon of this sort of public campaign to identify someone as outside of the tent, not fit to be among the rest of us decent folk. It was done with the former owner of the Clippers in the NBA - Donald Sterling, and it worked well in his favor. I recall the valuation on the Clippers at approx. $1.2B before the brouhaha started, and in the end the team sold for about $1B more to Steve Ballmer. The lesson there is - don’t just create a problem for the league, really stink the place up, and the urgency of your dispatch leads to a premium $$$ for your estate.

[rovenstinez]

Who are the Commanders? I can’t keep up with all the name changes, and different pronouns..and misgendering people.

[RckyRaCoCo]

What about the Ford family?...and THE most “abused” fan-base in the NFL?

[jimfree]

Landover MD.

[Gay State Conservative]

Exactly! Add to that the PC name changes (Washington Bedwetters and Cleveland Transgenders) and the NFL...NBA...MLB...etc...are now dead to me.

[SamAdams76]

Maybe they can bring the Redskins team back to Washington?

[D Rider]

“Commanders” sounds gay. That’s really the best they could come up with? Redskins sounds fierce, tough, noble and just plain American.