88Comrade2000 Posted March 1, 2023 Share Posted March 1, 2023 3 hours ago, HigSkin said: Micheal McCann a sports lawyer expert for Sportico is on The Junkies and said a new owner would be responsible for ongoing team financial inpriporities and sexual harassment settlements would transfer to the new owner. He added a new owner would have to set aside money for the legal fees and any potential monetary settlement. I didn't realize that. A big reason why Dan decided to sell. Link to comment Share on other sites More sharing options...
FrFan Posted March 1, 2023 Share Posted March 1, 2023 (edited) 3 hours ago, HigSkin said: Micheal McCann a sports lawyer expert for Sportico is on The Junkies and said a new owner would be responsible for ongoing team financial inpriporities and sexual harassment settlements would transfer to the new owner. He added a new owner would have to set aside money for the legal fees and any potential monetary settlement. I didn't realize that. Thanks for the information, but that's not fair, the new owner is not responsible for danny boy's misdeeds/toxic culture. It should stick to him especially since he's been labeled "the bloated tick" Link Edited March 1, 2023 by FrFan 2 2 Link to comment Share on other sites More sharing options...
Fan since a Fetus Posted March 1, 2023 Share Posted March 1, 2023 There is no way that I want Tanya sticking around in any capacity. She can screw right off with her little **** of a husband. however, I will take MacKenzie Scott who seems like a good person and has a 25 billion dollar wallet. I wish she would swoop in and buy the team, however, she is too smart to pay Danielle’s over inflated price. 3 1 Link to comment Share on other sites More sharing options...
MartinC Posted March 1, 2023 Share Posted March 1, 2023 8 minutes ago, FrFan said: Thanks for the information, but that's not fair, the new owner is not responsible for danny boy's misdeeds/toxic culture. It should stick to him especially since he's been labeled "the bloated tick" Link Some of these are the teams misdeeds as an employer. That might have been caused by the culture Dan was ultimately responsible for creating and enabling but there is still a corporate liability for actions taken by its employees and that sticks with the team not Snyder. 3 1 Link to comment Share on other sites More sharing options...
kingdaddy Posted March 1, 2023 Share Posted March 1, 2023 Breaking: So reports say the 2 finalists for the Commanders ownership are down to Bezos and Josh Harris.... Just now, kingdaddy said: Breaking: So reports say the 2 finalists for the Commanders ownership are down to Bezos and Josh Harris.... The latest report from Front Office Sports’ A.J. Perez says that “Dan Snyder and Bank of America — the bank handling the sale — have narrowed its list of billionaires interested in the team down. A source told FOS that [there are] two finalists: Philadelphia 76ers and New Jersey Devils owner Josh Harris, and Amazon founder Jeff Bezos.” This is big news as the sale is hopefully entering the final stages. This means that Houston Rockets owner Tilman Fertitta, who reportedly placed a bid of more than $5.5 billion, is out of the running to purchase the Washington Commanders. When his name was noted, it was said that he was not considered a frontrunner to purchase the team, and his Casino ownership would be an issue. 7 5 Link to comment Share on other sites More sharing options...
FrFan Posted March 1, 2023 Share Posted March 1, 2023 (edited) 2 hours ago, MartinC said: Some of these are the teams misdeeds as an employer. That might have been caused by the culture Dan was ultimately responsible for creating and enabling but there is still a corporate liability for actions taken by its employees and that sticks with the team not Snyder. "sexual harassment settlements would transfer to the new owner." Micheal McCann. I don't get it since Racine filed a lawsuit against Snyder, if he's proven guilty before the sale, why should the new owner have to pay the settlements ? Edited March 1, 2023 by FrFan Link to comment Share on other sites More sharing options...
Skinsinparadise Posted March 1, 2023 Share Posted March 1, 2023 (edited) 24 minutes ago, kingdaddy said: Breaking: So reports say the 2 finalists for the Commanders ownership are down to Bezos and Josh Harris.... The latest report from Front Office Sports’ A.J. Perez says that “Dan Snyder and Bank of America — the bank handling the sale — have narrowed its list of billionaires interested in the team down. A source told FOS that [there are] two finalists: Philadelphia 76ers and New Jersey Devils owner Josh Harris, and Amazon founder Jeff Bezos.” This is big news as the sale is hopefully entering the final stages. This means that Houston Rockets owner Tilman Fertitta, who reportedly placed a bid of more than $5.5 billion, is out of the running to purchase the Washington Commanders. When his name was noted, it was said that he was not considered a frontrunner to purchase the team, and his Casino ownership would be an issue. Interesting. I'd bet on Perez over the Fox Business News and NY Post guy thus far. He's broken a couple of stories, including the Bezos not bidding yet and he refuted the Forbes story early on about the 7 billion plus offers. But for me more on point, Keim's backed Perez up on a couple of stories through the process -- he didn't mention his name but concurred with a couple of his reports. The NY Post writer(s) there are two of them covering this. One of them, Kosman, doesn't think Harris has even officially bid yet and Fertitta is the front runner. Perez and apparently the WP disagrees with him (Post labeled Fertitta) as the underdog bidder. Then we got the Fox Business News guy who likes Snyder who chimes in now and then with a story. Perez among the ones covering the story seemed to be sticking out his neck the most about Bezos. For those who want Bezos, you'd want to root for Perez to be right. Some of the others saying Bezos is out, Perez saying that's not so. He's also the most optimistic compared to NY Post and Fox about the sale going down. I am not pimping for any of these guys outside of saying that I don't think Perez is a clown like some on this thread, do. But its interesting to me to see who is saying what because I don't think anyone is lying -- its just they all are talking to different people so its interesting to guess who is trying to manipulate the story and why. Edited March 1, 2023 by Skinsinparadise 3 1 Link to comment Share on other sites More sharing options...
spjunkies Posted March 1, 2023 Share Posted March 1, 2023 OK, Jeff time to show the Harris bozo what's what. Let's go! 3 1 3 Link to comment Share on other sites More sharing options...
DiscoBob Posted March 1, 2023 Share Posted March 1, 2023 Kick Dan's ass to the curb and let's get Bezos and his FU money. This teams infrastructure is in shambles... we need someone with serious $$$ to come in and right the ship. 3 5 Link to comment Share on other sites More sharing options...
TheGoodBits Posted March 1, 2023 Share Posted March 1, 2023 3 hours ago, JamesMadisonSkins said: Legitimate question here ... and honestly probably speaks to why Snyder isn't getting bids .... 1. Facilities - they are in the tank, and new ones are a requirement 2. Stadium - it is in the tank, and a new one is a requirement 3. Fanbase - shattered, lowest revenue in the NFL 4. Name brand - new name brand, no longer allure of Redskins 5. Legal/civil liabilities - Snyder is going to have to set $$ in escrow from the sale. So this goes toward the money Dan gets to take home versus the sale price being discounted. I think this has been discussed openly. So what exactly, other than buying a commodity like an NFL team in the nation's capital, is the reason for such high asking price? If the Broncos sold for $4.5 billion, have a stadium and facilities already ... I know it's DC versus Denver. I get that. DC has access you simply can't get anywhere other than NYC and LA. But whoever buys the team is going to have to invest at least $2 billion to get to "state of the art" on top of the $5b to $7b price tag. I think it's fairly obvious why the offers are capped and why Dan is struggling to get offers. The books look terrible, the infrastructure has rotted out, a new owner needs to invest billions on TOP of the sale price just to get back to "normal" His co-owners, who he bought out two years ago, felt at the time that their 40% share was worth $875m. That would value the team at like $2.2b. It’s supposed to worth 2-3x that now? 1 Link to comment Share on other sites More sharing options...
bird_1972 Posted March 1, 2023 Share Posted March 1, 2023 LET'S ****ING GO!!!!! 1 2 Link to comment Share on other sites More sharing options...
Andre The Giant Posted March 1, 2023 Share Posted March 1, 2023 1 Link to comment Share on other sites More sharing options...
TD_washingtonredskins Posted March 1, 2023 Share Posted March 1, 2023 3 hours ago, JamesMadisonSkins said: Legitimate question here ... and honestly probably speaks to why Snyder isn't getting bids .... 1. Facilities - they are in the tank, and new ones are a requirement 2. Stadium - it is in the tank, and a new one is a requirement 3. Fanbase - shattered, lowest revenue in the NFL 4. Name brand - new name brand, no longer allure of Redskins 5. Legal/civil liabilities - Snyder is going to have to set $$ in escrow from the sale. So this goes toward the money Dan gets to take home versus the sale price being discounted. I think this has been discussed openly. So what exactly, other than buying a commodity like an NFL team in the nation's capital, is the reason for such high asking price? If the Broncos sold for $4.5 billion, have a stadium and facilities already ... I know it's DC versus Denver. I get that. DC has access you simply can't get anywhere other than NYC and LA. But whoever buys the team is going to have to invest at least $2 billion to get to "state of the art" on top of the $5b to $7b price tag. I think it's fairly obvious why the offers are capped and why Dan is struggling to get offers. The books look terrible, the infrastructure has rotted out, a new owner needs to invest billions on TOP of the sale price just to get back to "normal" It really does make me think back to when Sheehan referred to this as an expansion team. Snyder has hollowed out everything valuable about the organization. Now, there's clearly value to all the land he owns and, as you mentioned, the rarity of an NFL franchise in Washington, DC. But, he destroyed the brand, destroyed the popularity, let the stadium decay, let the training facility become completely outdated, and has let the organization become a bottom-tier operation. I don't do this for a living, but I've been a part of companies that have been acquired and been on the acquiring side, so I understand the concept of multipliers. I would have to imagine, unless there are variables that we don't know about, the multiplier on the Commanders right about now is not very high. 1 Link to comment Share on other sites More sharing options...
Darth Tater Posted March 1, 2023 Share Posted March 1, 2023 3 hours ago, BringMetheHeadofBruceAllen said: IF ONLY they hadn't swept the Wilkinson report under the rug, none of this would have happened. Some of these owners must be thinking this right now and questioning whether Goodell is Golden or a Goofball. They should have learned fro Watergate that the coverup is always worse than the crime. Snyder's just a pimp. It was Goodell all along... Actually Bob Kraft or maybe Jerry Jones. 1 Link to comment Share on other sites More sharing options...
PleaseBlitz Posted March 1, 2023 Share Posted March 1, 2023 (edited) 3 hours ago, JamesMadisonSkins said: Legitimate question here ... and honestly probably speaks to why Snyder isn't getting bids .... 1. Facilities - they are in the tank, and new ones are a requirement 2. Stadium - it is in the tank, and a new one is a requirement 3. Fanbase - shattered, lowest revenue in the NFL 4. Name brand - new name brand, no longer allure of Redskins 5. Legal/civil liabilities - Snyder is going to have to set $$ in escrow from the sale. So this goes toward the money Dan gets to take home versus the sale price being discounted. One could view all of these as selling points. Not things that increase the price of the franchise, but reasons why an extremely wealthy person would want to buy the team MORE. 1. Facilities - they are in the tank, and new ones are a requirement 2. Stadium - it is in the tank, and a new one is a requirement You aren't being saddled with someone else's vision, you get to oversee the design of your own stadium and facilities, pick where they are located (to some degree) and really put your own stamp on the region. 3. Fanbase - shattered, lowest revenue in the NFL You get to be the mother****ing hero that saved a storied and once-proud franchise from pretty much the lowest position possible. 4. Name brand - new name brand, no longer allure of Redskins You get to pick a new one, and nobody will care about jettisoning "Commanders." You can't go back to Redskins, but 99% chance everyone likes whatever you pick better than Commanders. If it were me, bonus, I'd stage a mock assassination of the ridiculous pig mascot thing during pregame warmups at my first game. 5. Legal/civil liabilities - Snyder is going to have to set $$ in escrow from the sale. So this goes toward the money Dan gets to take home versus the sale price being discounted. We'll see if this ends up being a thing. I think the franchise itself is on the hook for certain issues, but I also think that most adverse parties and those in charge of ongoing g'ment investigations would be extremely inclined to let the franchise off the hook if it gets a new owner. Edited March 1, 2023 by PleaseBlitz 6 1 Link to comment Share on other sites More sharing options...
Riggo#44 Posted March 1, 2023 Share Posted March 1, 2023 2 hours ago, BringMetheHeadofBruceAllen said: I doubt that. After all, she married a milquetoast in Snyder. I said Tanya, not Dan. She definitely has gentleman suitors. 1 Link to comment Share on other sites More sharing options...
ClaytoAli Posted March 1, 2023 Share Posted March 1, 2023 47 minutes ago, Skinsinparadise said: Interesting. I'd bet on Perez over the Fox Business News and NY Post guy thus far. He's broken a couple of stories, including the Bezos not bidding yet and he refuted the Forbes story early on about the 7 billion plus offers. But for me more on point, Keim's backed Perez up on a couple of stories through the process -- he didn't mention his name but concurred with a couple of his reports. The NY Post writer(s) there are two of them covering this. One of them, Kosman, doesn't think Harris has even officially bid yet and Fertitta is the front runner. Perez and apparently the WP disagrees with him (Post labeled Fertitta) as the underdog bidder. Then we got the Fox Business News guy who likes Snyder who chimes in now and then with a story. Perez among the ones covering the story seemed to be sticking out his neck the most about Bezos. For those who want Bezos, you'd want to root for Perez to be right. Some of the others saying Bezos is out, Perez saying that's not so. He's also the most optimistic compared to NY Post and Fox about the sale going down. I am not pimping for any of these guys outside of saying that I don't think Perez is a clown like some on this thread, do. But its interesting to me to see who is saying what because I don't think anyone is lying -- its just they all are talking to different people so its interesting to guess who is trying to manipulate the story and why. Perez is trying to establish himself, less to lose in guessing. Link to comment Share on other sites More sharing options...
ntotoro Posted March 1, 2023 Share Posted March 1, 2023 1 minute ago, Riggo#44 said: I said Tanya, not Dan. She definitely has gentleman suitors. So will Dan, soon... 9 Link to comment Share on other sites More sharing options...
SoCalSkins Posted March 1, 2023 Share Posted March 1, 2023 2 minutes ago, TD_washingtonredskins said: It really does make me think back to when Sheehan referred to this as an expansion team. Snyder has hollowed out everything valuable about the organization. Now, there's clearly value to all the land he owns and, as you mentioned, the rarity of an NFL franchise in Washington, DC. But, he destroyed the brand, destroyed the popularity, let the stadium decay, let the training facility become completely outdated, and has let the organization become a bottom-tier operation. I don't do this for a living, but I've been a part of companies that have been acquired and been on the acquiring side, so I understand the concept of multipliers. I would have to imagine, unless there are variables that we don't know about, the multiplier on the Commanders right about now is not very high. The sale will be the largest in sports history. It will sell for significantly more than the Broncos who have fairly new stadium and won the Super Bowl not too long ago. The value of the brand are the remaining diehards plus the huge numbers who will come back as soon as we have a new owner and start winning. This is nothing like an expansion team. Regardless of how poorly Dan ran it, it’s still one of the premiere brands in all of sports. The sale price reflects that fact. Link to comment Share on other sites More sharing options...
bird_1972 Posted March 1, 2023 Share Posted March 1, 2023 I wonder what the realistic chances are of getting to build a new stadium on the old RFK site. That place currently looks like a scene from a dystopian future zombie movie. Needs to be demolished. 1 Link to comment Share on other sites More sharing options...
Skinsinparadise Posted March 1, 2023 Share Posted March 1, 2023 (edited) 10 minutes ago, ClaytoAli said: Perez is trying to establish himself, less to lose in guessing. He's worked for other news outlets before. Now he's doing his own. I don't care. I don't care about any of the reporters. I got no rooting interest. The only local one I trust almost 100% is Keim and considering Perez refuted a Forbes magazine article about the sale and was proven right and was the first to break the Bezos story -- and Keim twiced referenced reports from Perez (without mentioning his name) and backed them up. He's in the lead for me thus far despite some on this thread thinking he's the one clown covering the story. I'll put my money thus far on Perez versis The NY Post writer and the Fox Business News dude. But if things change I'll bet against him. My cheat code is to see who Keim backs up. Keim's right about 95% of the time give or take, he IMO is the best. Edited March 1, 2023 by Skinsinparadise 1 Link to comment Share on other sites More sharing options...
PleaseBlitz Posted March 1, 2023 Share Posted March 1, 2023 3 minutes ago, bird_1972 said: I wonder what the realistic chances are of getting to build a new stadium on the old RFK site. That place currently looks like a scene from a dystopian future zombie movie. Needs to be demolished. Agree, and it is the spiritual home of the franchise. I think under a new owner, the chances are EXTREMELY GOOD that it would be the site. First, as you state, the current state of the site is an eyesore and a horrid use of that space. Second, although I don't believe football stadia spur economic development like NBA/NFL arenas and MLB stadia do, they could make it a mixed use facility like SOFI Stadium that would be a great addition to that area of the city. Third, the city recently(ish) paid to refurbish the nearby Metro stop when the Nationals played there, and so the transportation infrastructure there is actually pretty good. Fourth, I think the city WANTS that to be the site, they just didn't want to deal with Snyder and sure as **** weren't going to give him any money. 1 Link to comment Share on other sites More sharing options...
bird_1972 Posted March 1, 2023 Share Posted March 1, 2023 1 minute ago, PleaseBlitz said: Agree, and it is the spiritual home of the franchise. I think under a new owner, the chances are EXTREMELY GOOD that it would be the site. First, as you state, the current state of the site is an eyesore and a horrid use of that space. Second, although I don't believe football stadia spur economic development like NBA/NFL arenas and MLB stadia do, they could make it a mixed use facility like SOFI Stadium that would be a great addition to that area of the city. Third, the city recently(ish) paid to refurbish the nearby Metro stop when the Nationals played there, and so the transportation infrastructure there is actually pretty good. Fourth, I think the city WANTS that to be the site, they just didn't want to deal with Snyder and sure as **** weren't going to give him any money. I'm not so sure the city wants it. The local councilman, if I remember correctly, was putting forward a "not in my backyard" posture - citing the need for more affordable housing, etc. To me, I think it would be a travesty to let that site slip through our fingers. For those of us who were able to see them in the glory days, there is really nothing quite like emerging from Stadium-Armory, walking down that busy sidewalk, and turning right on the approach to the stadium. It was simply majestic. 1 Link to comment Share on other sites More sharing options...
Est.1974 Posted March 1, 2023 Share Posted March 1, 2023 Let’s get this things done. It’s passed my estimate of the end of February for a buyer to be picked and a deal, in principle, agreed. 2 Link to comment Share on other sites More sharing options...
bird_1972 Posted March 1, 2023 Share Posted March 1, 2023 1 minute ago, Est.1974 said: Let’s get this things done. It’s passed my estimate of the end of February for a buyer to be picked and a deal, in principle, agreed. Give Dan a kick in the pants! No more media posturing! Just sell and get it over with! 1 Link to comment Share on other sites More sharing options...
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