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profusion

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Everything posted by profusion

  1. profusion
    RIP.
  2. profusion
    Ideal, but also less likely. Plus, the NY AG can also go after the NFL league office for violations of NY law, which the feds can't do. NY employment law provides more robust worker protections than federal law does. If the league office actively covered up team misconduct, it's at least possible that the NY AG would be well positioned to do something about it. Probably not wise to get hopes up, in any event. It's pretty clear at this point that the owners aren't going to do anything about Snyder except as a last resort--and we're probably a long ways from that.
  3. profusion
    All that gets you is the Tanya Snyder Era and/or Snyder Jr. We need for the whole family to move on.
  4. profusion
    Yep, that's for publicly traded companies. Essentially, someone (say, Elon Musk) buys enough stock from third parties selling their shares that the person has enough shareholder votes to control the board of directors. It's only "hostile" to the current management group, who usually gets fired and replaced with a new group. A company with a majority of shares owned by a single person (or investment group) is immune from a hostile takeover, since no one else will ever have a voting majority over that person. So, unless Dan has multiple personalities and one of them decides he'd rather sell the team and go sail around the world on his gaudy yacht, we're out of luck there.
  5. profusion
    Dan just keeps giving and giving to the NFL...
  6. profusion
    If Jerry felt that strongly about wanting Dan out, then he'd be out already. Most likely they see him as an annoying rash that they don't want to make worse by scratching.
  7. profusion
    Without trading any picks, the Dan Snyder Football Organization could have drafted the following elite Super Bowl-winning quarterbacks but didn't: --Tom Brady --Russell Wilson --Aaron Rodgers --Drew Brees --Ben Roethlisberger I don't think Dan's reign of error is an accident or that an actual franchise QB is going to magically materialize in their draft shopping cart. He'll make the wrong choice every single time.
  8. profusion
    Congressional testimony is privileged, so Dan's legal options against Friedman would be minimal.
  9. profusion
    Depends on how serious the league is about investigating this. It seems from the various rumors that Beth Wilkinson actually did find out the "truth" in her investigation--the league just squelched it. An investigative team hired by the league undoubtedly could figure out what's going on. I wouldn't mistake the silence so far from the prestige media and the league for a cover-up. More like, everybody is trying to get their bearings and develop a strategy. I guarantee that every available hand at the Washington Post is working their sources relentlessly this morning and that the NFL general counsel's office didn't get a lot of sleep this weekend.
  10. profusion
    The committee may not be done reviewing the docs they have. When they are, they could request more if they want. Apart from that and a hearing, what they could do is refer suspicious conduct to the DOJ for a proper investigation with the "big boy" subpoenas that you can't ignore or shrug off. Anything from there would depend on finding evidence of criminal conduct. I doubt that side of it goes anywhere unless the fraud is bigger than being leaked. It's the league's reaction Dan needs to worry about.
  11. profusion
    If I was the league's attorneys and this story is true, short of removing Snyder I'd be looking to recoup the shortfall out of his share of the TV and merch revenue. Losing draft picks doesn't mean a thing to him personally, plus draft picks have typically been taken for actions that affected the on-field product in some way.
  12. profusion
    One thing to consider: even if the NFL suspected Snyder was doing something like this, they might figure that his scorched-Earth litigation against them if they tried to remove him might cost more than the amount of revenue lost. They'd effectively treat it as a write-off in that instance.
  13. profusion
    This revenue split for the opposing team is as old as the league itself. Real basic stuff. I'd think the league accountants would compare turnstile numbers to ticket sales figures as part of their control processes, but perhaps the NFL doesn't have a sturdy audit process. It's important to remember that this is just an allegation at this point. Such a scheme over what amounts to chump change in NFL terms would seem on-brand for Snyder, though.
  14. profusion
    I can't imagine what it would take to make anyone sympathetic to Dan, but a fraud investigation isn't it.
  15. profusion
    I doubt it's completely made up. Exaggerated? Perhaps.
  16. profusion
    That seems like one possibility. In general, you'd do that to hide all sorts off under-the-radar transactions--basically the team's revenues being used for anything unrelated to team operations or payroll. Things you don't want lenders, business partners or the taxman to see. A more sophisticated operator would simply arrange for his own side businesses to siphon off money that way under the cover of business relationships with the team. Those kinds of corporate shell games happen too often, unfortunately. In that case, you wouldn't need to cook the books; that's for when you can't afford for the transaction to see the light of day--no way to hide it in a corporate shell, in other words, or too much risk in doing so. I have zero opinion on whether Snyder's been doing this. No way to know. His history makes me suspicious. He so obviously wants to be a "sophisticated operator" like Jerry Jones, but his personality and incompetence has betrayed him again and again.
  17. profusion
    "The government" isn't a monolithic entity, in this context. Congress is not especially well-positioned to investigate corporate fraud. Unless they refer the matter to the DOJ, this won't go that far. The difference from before is that sexual harassment isn't criminal; accounting fraud is. Not much DOJ could do about the apparent hostile work environment in Ashburn, but they'd probably be a little more interested in corporate fraud. Whether it's true or not, I also doubt this will be the cause of the Dan-mageddon. One can hope, though.
  18. profusion
    Well then, I guess that settles it. When's he testifying before the congressional committee?
  19. profusion
    I wonder if even St. Louis would be desperate enough to pony up for a new stadium for Snyder. His aroma is a nationwide stink, now.
  20. profusion
    When I first heard the story, I wondered how a committee investigating workplace sexual harassment would get to cooking the books. Chad Ryan seems to think it could be a Bruce Allen leak to Congress. Could be. However, the first thing that came to mind for me was whether there was commingling of funds between Snyder and the team. Yes, he owns it, but it's not like he can use it as his personal piggy bank. Doing that would be a good reason to keep "two sets of books". It's also the kind of thing that might come out in an investigation into sexual harassment payoffs. It's also naive to think that Jason Wright has complete knowledge or control over this franchise. Snyder's never going to trust anyone to that extent. Cute to think that "things are different now", though.
  21. profusion
    Gotta make room for the table jumping stations.
  22. profusion
    Live shot from Ashburn:
  23. profusion
    VA fans north or west of Springfield would hate a Dumfries stadium almost as much as Marylanders would. It's a terrible location, which is obviously why Dan is going to end up with it.
  24. profusion
    I lived in Woodbridge 20 years ago and the traffic was a nightmare even back then. It's two or three times worse now, from what my friends tell me. People complain about getting to Landover, for cryin out loud. Getting to Dumfries would be brutal. By the way, the I-95 HOT lanes would be no help; they run northbound on Sunday, from what I recall. I guess that policy could be modified on game days. All those Eagles and Giants fans attending the games would be backed up to...Landover. The Dumfries site would be a disaster. Nobody wants to go to a football game down there. Nobody wants to go to a casino down there. It's a joke. The other mentioned teams in recent posts have stadiums closer to the urban center than that, even if they're in different jurisdictions. The Dulles site is marginally better, but I predict the community opposition will be truly epic. It'll make what JKC faced in trying to get a stadium at Potomac Yards seem minor.
  25. profusion
    I don't follow the draft much at all, but I can see the Colts or whichever team ends up with Garoppolo still trying to draft one of the top QBs as a prospect to sit for a year or two. The run-heavy QBs may need more time before they're NFL-ready.
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