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33 minutes ago, fullnelson9999 said:

Based on what evidence, exactly? The internet was very down with the Red Wolves name, and it would 100 percent be better received than Commanders, even if it didn't receive universal approval.


I loved the Redwolves name but people are going to be pissed off with another name change. I won’t be. I don’t want the name to be something Dan picked, but people will be pissed. 

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1 minute ago, SoCalSkins said:


I loved the Redwolves name but people are going to be pissed off with another name change. I won’t be. I don’t want the name to be something Dan picked, but people will be pissed. 

I’d rather have a new ****ty name than a ****ty name Dan came up with along with ****ty uniforms Tanya came up with. Honestly I’d be ok with going back to WFT.

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Fake news guys!

 

Calm down folks nothing to see here.

 

Mr. Snyder's attorneys have replied to the latest unfounded charges against him and they make it clear he had no involvement in any wrong doing whatsoever!

 

Here's there response:

 

"...It is not surprising that ESPN is publishing more falsehoods based solely on anonymous sources -- given today's announcement," the statement said. "...We are confident that, after these agencies have had a chance to review the documents and complete their work, they will come to the same conclusion as the team's internal review -- that these allegations are simply untrue..."

 

Case closed.

 

Honest Dan Snyder is still the same gentle law abiding good citizen and friend to all that he has always been.

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This is the brightest day in a very long time for this franchise.  Likely since the announcement of Gibbs returning.  The next brightest day will be when the sale is official, and Redskins nation can collectively pop another bottle of bubbly.  Then again when this ridiculous name gets changed.  
 

Perhaps set a professional sports record for most name changes over a short amount of time.

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24 minutes ago, tshile said:

The report they have the votes is the nfl trying to tamp down valuation. it’s a shot back at snyder. Sell the team? Well we’re kicking him out anyways so….

 

this is happening. You wondered what it would look for so long. This is what it looks like 
 

 

 

Why would the NFL try to tamp down the valuation? It's in their interest to get mega-billionaires throwing offers at Snyder left and right in a bidding frenzy. The valuation just sets the floor for that process. His franchise sells for an inflated price, and their franchises also dramatically go up in value.

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1 minute ago, profusion said:

 

Why would the NFL try to tamp down the valuation? It's in their interest to get mega-billionaires throwing offers at Snyder left and right in a bidding frenzy. The valuation just sets the floor for that process. His franchise sells for an inflated price, and their franchises also dramatically go up in value.

Are you seeing the news of the criminal investigation?

 

that’s the nfl too. 
 

they’re not going to let him sell it. They’re going to take it from him, weather the investigation and pay the fine, and sell it themselves as a clean team worth whatever someone will pay for it. 
 

because why wouldn’t you? The dudes been a prick to everyone for over 20 years. If you had the chance to take it from him instead of him walking with a 7ish billion dollar sale, wouldn’t you take it from him?

 

he tried to quick sale it - and instead it’s going to be taken from him 😂 

 

who’s going to buy it under criminal infestation 

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6 minutes ago, tshile said:

Are you seeing the news of the criminal investigation?

 

that’s the nfl too. 
 

they’re not going to let him sell it. They’re going to take it from him, weather the investigation and pay the fine, and sell it themselves as a clean team worth whatever someone will pay for it. 
 

because why wouldn’t you? The dudes been a prick to everyone for over 20 years. If you had the chance to take it from him instead of him walking with a 7ish billion dollar sale, wouldn’t you take it from him?

 

he tried to quick sale it - and instead it’s going to be taken from him 😂 

 

who’s going to buy it under criminal infestation 

 

They can't "take" it from him, AFAIK. He gets the proceeds from the sale, whether it's forced or voluntary. It's his asset. 

 

Your point about getting a sale of a "clean" team versus one under a criminal cloud is a very good one, however. Certainly, the bidders will be having lawyers crawling all over this to find out what's really happening with that.

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Just now, profusion said:

 

They can't "take" it from him, AFAIK. He gets the proceeds from the sale, whether it's forced or voluntary. It's his asset. 

Oh he’ll get his money.

 

but he won’t be running the sale. The team will be in the stewardship of the NFL. We’ve been watching a standoff. Both sides just started shooting at each other. 
 

Get ready for the parade

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5 minutes ago, tshile said:

Oh he’ll get his money.

 

but he won’t be running the sale. The team will be in the stewardship of the NFL. We’ve been watching a standoff. Both sides just started shooting at each other. 
 

Get ready for the parade

 

Could be.

 

Rather than some kind of grudge move, I could see such a decision happening because the other owners aren't willing to trust Snyder to get highest price and the right buyer. Yes they have to approve the buyer, but the whole thing is a lot easier and more reliable if they conduct the sale and give Dan the proceeds.

 

The problem is, the owners likely want Dan gone NOW, not after a lengthy hearing and voting process that wouldn't happen until next year. At this point, he's so toxic that they might be willing to go along to get the sale done as quickly as possible. They'd also still be risking his "dirt machine" going to work if a league hearing has to be held. Better to just get the deal done now.

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1 hour ago, Birdlives said:

You can see how eroded this fan base is, 15 yrs ago this thread would’ve been 50 pages by now…

I'd suggest you also factor in the fact thst most boards like this are far less active than years ago due to changes in social media preferences.

 

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Commanders Possible Sale: The Price Tag and Potential Buyers

Here’s what could be next for owner Dan Snyder now that he has hired Bank of America to explore selling his franchise.
 

Maybe it’s not completely over. But it sure seems like the clock is running out on Commanders owner Dan Snyder.

Two weeks ago at the NFL’s fall meeting, commissioner Roger Goodell, in a special privileged meeting, addressed the room made up exclusively of owners and their families on Snyder’s status with a direct message—let the process play out. Goodell’s words came in the wake of Colts owner Jim Irsay’s calling for the league to consider removing Snyder as Commanders owner. And many in the room took a deeper message from the directive.

One, the thinking went that Goodell was basically asking the owners to trust that the league and its lead investigator, Mary Jo White, would land on the conclusion that most wanted, producing findings that would be enough to oust Snyder, who has cultivated a culture of sexual harassment allegations, as well as a toxic work culture on his watch as Washington owner. Two, they also saw Goodell’s words as a warning to Snyder, himself, that for better or worse, there was no stopping what was coming.

 

It could take as much as $7 billion for Snyder to sell the Commanders.

Brad Mills/USA TODAY Sports

Taking that into account, Wednesday morning’s events are nothing less than monumental.

Forbes broke the news early in the day that the Snyders had hired Bank of America to explore selling either pieces of the team or the entire franchise. Less than a half hour later, the Commanders issued a statement confirming the report. While in the past Snyder had always been combative about the idea that he’d be compelled to sell the team, there was none of that this time around.

On Oct. 13, Snyder’s team released a statement saying an ESPN exposé on his ownership was “clearly part of a well-funded, two-year misinformation campaign to coerce the sale of the team, which will continue to be unsuccessful.” Five days after that, in response to Irsay’s comments, the Commanders released another statement saying that, after White’s investigation, “Mr. Irsay will conclude that there is no reason for the Snyders to consider selling the franchise. And they won’t.”

That defiance was absent in Wednesday’s statement, which simply said that Dan and Tanya Snyder “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.”

Which means, again, that while this might not be completely over, most who run in league circles now think it basically is.

“You don’t go down this path, and make this big a deal of it, over an LP [limited partner] share,” one team president told me Wednesday.

What’s next, assuming the end is near for Snyder, should be really interesting.

THE PRICE TAG

We can start with how many billion dollars it would take for Snyder to sell. “It’ll start with a 5, a 6 or a 7,” predicted one owner. And that, after checking with a few others, seems like a good bet, considering the Broncos sold for a U.S.-record $4.65 billion, more than double what David Tepper paid for the Panthers ($2.275 billion) in 2018.

 

The baseline for the Commanders would be $5 billion, with a good chance the number would climb over $6 billion. And it could go as high as $7 billion. One team executive compared the Commanders to where legacy Premier League soccer teams were 20 years ago in the U.K.—when international bidders came in to buy franchises they’d ID’d as undervalued, distressed assets—with the one drawback being that whoever the next owner is would have to make a second significant investment to get a new stadium built.

The upside here, obviously, is massive. The belief is the coveted site of old RFK Stadium in D.C. would open up for the Commanders with Snyder out of the picture, and the new owner could then leverage the right deal for it, with Maryland and Virginia involved in the bidding. That stadium, likely with a roof, would host a Super Bowl that would bring in the sort of global power from the business and political world that having last year’s Super Bowl at SoFi Stadium did from the entertainment world.

Also, when the Washington franchise was at its best, under Joe Gibbs, it was very much a regional entity, with a loyal fan base stretching through the South. It can’t be the same—with teams in Charlotte, Atlanta and Nashville—but it’s a good bet that at least pockets of the old footprint could be drawn back in with a new start for the team.

POTENTIAL BUYERS

So with all that in mind, who are potential buyers? Even at that high price point that eliminates, well, almost everyone, there should be healthy bidding—my understanding is there were five bidders at over $4 billion for the Broncos, only one (the Waltons) got that team, and the Commanders are, by all accounts, a more valuable property ($5.6 billion according to 2022 Forbes NFL valuations). Here are some names to keep an eye on …

• Amazon founder Jeff Bezos because of his ties to the D.C. area, having bought The Washington Post, and overall wealth will be mentioned on every list of potential buyers until he says he’s out. That Amazon is now a broadcast partner might’ve been a concern previously for some owners, but is less so since he’s stepped down as the company’s CEO. Which would seem perfect except for this—there’s significant doubt in league circles that Snyder would ever sell to Bezos because of his animus for the Post.

• Sixers co-owner Josh Harris was one of the runners-up for the Broncos. He was said to be willing to go to $5 billion, so it’d stand reason that he’d be ready to make a major run at the Commanders.

 

• Mat Ishbia, a former walk-on for Tom Izzo at Michigan State, was another Denver runner-up, and he has shown a lot of hunger to get more involved in sports—he was one of the big players behind funding MSU football coach Mel Tucker’s 10-year, $95 million extension last year.

• David Blitzer is a Harris partner and has stakes in the Sixers, the Guardians and Real Salt Lake. He could, again, partner with Harris on a bid, as the two did in the Denver bidding. Or he could strike out on his own. Either way, the expectation is he’ll be in the mix.

• Clearlake Capital, led by Jose Feliciano and Behdad Eghbali, was another of the Denver bidders to top $4 billion, and they’d have the financial wherewithal to be in it until the end for the Commanders.

• Dodgers owners Mark Walter and Todd Boehly were also deep in the Denver bidding. They bought the English Premier League’s Chelsea earlier this year and gobbled up a minority stake in the Lakers last year, so their experience with legacy sports brands would be attractive to other owners looking for a peer to maximize the Commanders’ potential. It’s possible that Walter and Boehly team up for this one with the Clearlake Capital team.

• Oracle founder Larry Ellison has shown an interest in buying an NFL team in the past. Whether he’d want to do it at 78 years old, and with a team on the other side of the country (he’s in California), remains to be seen. But, again, the Washington franchise would provide an interesting opportunity for Ellison to finally get into the NFL.

• Austin technology magnate Michael Dell is another of the super-wealthy (his net worth is said to approach $50 billion) who’s shown an interest in getting involved in the NFL, and he would check a lot of boxes for the other owners.

• Celtics co-owner Steve Pagliuca, who also owns a Serie A soccer team in Italy and is cochair of Bain Capital, has powerful friends in the NFL, and the potential to emerge as a dark horse in the bidding.

• Robert Smith, founder of the private equity firm Vista Equity Partners, had the backing of Goodell early in the Denver bidding process and wound up dropping out. Is there still a chance he could become the NFL’s first Black majority owner? Maybe the Commanders would be more attractive to him than his hometown Broncos.

And, surely, there are a couple of other names that will emerge, too, assuming Snyder sells.

 

https://www.si.com/nfl/2022/11/02/commanders-possible-sale-dan-snyder-buyers-cost

 
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Just now, Jumbo said:

I'd suggest you also factor in the fact thst most boards l is like this have become far less active than years ago due to changes in social media preferences.

 


stop making prescient points in the middle of my denigration of snyder 

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