Amid controversy, Washington Commanders owner Dan Snyder is looking to sell the NFL team.
- After facing weeks of pressure to step down, Dan Snyder is looking to sell the Washington Commanders, formerly known as the Washington Redskins.
- The owners have chosen Bank of America to field all offers for the NFL team—worth, according to Forbes, $5.6 billion.
- It has been said that the team already has four potential buyers that are interested, but no decisions have been made yet.
Why it’s news
Dan Snyder, the team’s current owner, has been facing pressure to step down from the team for months and he has finally made the decision to exit his relationship with the pro team.
There has been controversy looming over Snyder’s ownership for years with many saying that he created a toxic workplace within the team—he has denied all allegations against him.
The controversy got to the point that other NFL owners were weighing in their opinion on Snyder. Indianapolis Colts owner Jim Irsay expressed his opinions on Snyder saying the NFL should remove him from his role and force him to sell the team.
Snyder decided to sell the Commanders and is exploring options for both a full or partial sale. No asking price has been floated.
“The Snyders remain committed to the team, all of its employees and its countless fans to putting the best product on the field and continuing the work to set the gold standard for workplaces in the NFL,” Dan and Tanya Snyder say in a statement.