Dan Snyder, the owner of the NFL’s Washington Commanders formerly known as the Redskins, is the man who paid $50 million for a piece of history – a mansion located on the grounds of George Washington’s historical estate in Virginia, Mt. Vernon. The New York Post revealed that Snyder paid $48 million for the property and another $2 million for all of the furniture.
Mount Vernon is the historic estate where George Washington lived. As such, it is preserved as a historical landmark. But parts of the estate can be privately held and one such piece just sold for $50 million.
The main house has a home gym with radius windows overlooking the Potomac, an adjacent spa area with a sauna and steam room and an indoor resistance pool, according to the listing. Dan Snyder will also get a movie theatre, a reception room that leads to views of the gardens, and a game room with a full bar and a pool table.
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at firstname.lastname@example.org.
And if that is not enough, the estate also boasts a carriage house with a four-car garage, a studio apartment, a long winding dock and several rose gardens. The purchase price paid by Snyder set a record for the Washington D.C. area.
The property that Dan Snyder bought is known as the River View Estate. It was first put on the market in 2020 for as much as $60 million. The American Federal-style mansion was constructed in 2014 by Maryland–based architect Jim Rill and bought for $18.6 million by Robert Stevens, the former chairman and chief executive of Lockheed Martin, and his wife, Michelle.
Dan Snyder has been at the center of a number of controversies in recent years. There was the whole matter of needing to change his team’s name. And a little over a year ago it was revealed that Snyder paid $1.6 million in a settlement over sexual misconduct accusations made against him. The money was paid to a former employee of the then Washington Redskins over allegations that Mr. Snyder committed unwanted sexual acts of some form while riding on a private plane with her in 2009.
The settlement agreement was made in July of 2009. But in the past few years dozens of women have come forward with their own accusations of sexual harassment committed by Washington Football Team officials.