Washington Commanders owner Dan Snyder exploring the sale of team

Washington Commanders proprietor Dan Snyder, who has been accused of fostering a “poisonous office” within the NFL franchise, is contemplating a sale of the group.

By way of a group assertion on Wednesday, Snyder and his spouse, Tanya, introduced that they employed Financial institution of America Securities “to contemplate potential transactions.”

The transfer comes months after a Home Oversight Committee investigating the Commanders proprietor accused him of fostering a “poisonous office” and conducting “a shadow investigation to focus on his accusers, pin the blame on others, and affect the NFL’s personal inside evaluation.”

An inside investigation by lawyer Beth Wilkinson final 12 months resulted within the NFL fining the Commanders $10 million and Snyder handing management of the franchise’s day by day operations to his spouse. Snyder has denied the accusations.

The Commanders Wednesday assertion reads: “Dan and Tanya Snyder and the Washington Commanders introduced in the present day that they’ve employed BofA Securities to contemplate potential transactions. The Snyders stay dedicated to the group, all of its staff and its numerous followers to placing the perfect product on the sphere and persevering with the work to set the gold commonplace for workplaces within the NFL.”

Attorneys Lisa Banks and Debra Katz, who signify greater than 40 former staff accusing Snyder of office improprieties, in a press release referred to as the potential sale “a very good growth for the group, its former and present staff, and its many followers.”

“We must see how this unfolds, however this might clearly be an enormous step in the direction of therapeutic and closure for the numerous courageous ladies and men who got here ahead,” the attorneys stated.

Snyder final month denied allegations he employed non-public investigators to look into his NFL counterparts, in addition to league Commissioner Roger Goodell.

The denial got here in response to an ESPN report that cited a number of unnamed homeowners and league and group sources and stated the Commanders proprietor “instructed his legislation companies to rent non-public investigators to look into different homeowners — and Goodell.”

In a letter despatched to NFL homeowners, Snyder stated the allegation was “patently false and meant to erode the belief and goodwill between homeowners that I take fairly severely.”

ESPN has alleged that present and former group executives stated Snyder “remains to be way more concerned working the membership than most notice,” including that he lobbied to accumulate quarterback Carson Wentz from the Indianapolis Colts, whereas the sources questioned if group president Jason Wright, the primary Black man in NFL historical past to carry that title, “has true authority to repair the group.”

Goodell testified earlier than the congressional panel in June and stated the Commanders’ tradition was “not solely unprofessional, however poisonous for much too lengthy.”

However the commissioner maintained that the Commanders’ office has modified for the higher and that Snyder “confronted unprecedented self-discipline,” together with the advantageous.

Goodell stated Snyder had not attended league or committee conferences previously 12 months, and famous the Commanders put in place “a completely new, extremely expert and various administration group” and “revamped” their cheerleading program and management with a coed dance group.

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