Last week, the Washington Commanders announced that Bank of America Securities had been retained to investigate “potential transactions,” the first public indication team owner Daniel Snyder might sell the franchise.
The same day a report came out that a criminal investigation was being opened over allegations of financial improprieties.
As you may remember, Indianapolis Colts owner Jim Irsay became the first owner in the league to publicly address Snyder and his future in the league.
According to Ben Fischer of Sports Business Journal, other NFL owners have confronted Snyder in recent weeks.
“Jim Irsay was the only one who said his piece in public, but other NFL owners have confronted Snyder privately in recent weeks—and more have told commissioner Roger Goodell that something must give, sources tell me,” Fischer wrote. “Wednesday’s shock announcement from the Snyders that they’d entertain offers for the team, those same sources said, came in light of that growing consensus that the end must come, one way or another.”
Fischer’s sources said this was a business decision, and they felt the scandals that are constantly surrounding Snyder aren’t going away any time soon.
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Last month, it was reported that “Snyder recently told a close associate that he has gathered enough secrets to ‘blow up’ several NFL owners, the league office and even commissioner Roger Goodell.”
The simpler solution for both Snyder and the rest of the NFL would be him agreeing to sell.
The Washington Commanders sit at 4-5 on the season after Sunday’s 20-17 loss to the Minnesota Vikings.