Connect with us

Hi, what are you looking for?

Jewish Business News

Business

Washington Commanders Accused of Skimming Ticket Revenues from NFL

Washington Commanders

Washington Commanders NFL.com

The Washington Commanders, the NFL franchise owned by Jewish businessman Daniel Snyder, has found itself at the center of yet another scandal. Reports indicate that the franchise may have illegally withheld a part of the income from ticket sales that an NFL team must share with the league.

According to Front Office Sports (FOS), the House Oversight Committee of the U.S. Congress has been given information that alleges the Washington Commanders kept ticket revenue that is supposed to be shared with other NFL teams. As the NFL is a nationwide organization such alleged malfeasance would come under the purview of the federal government. The fact that the Commanders happen to play in Washington is not relevant to a Congressional investigation into such a scandal and one could be held into any team from any city in any sport.

So, what exactly is the crime being alleged here? Well, 40% of ticket sales raised by every team from home games is supposed to be transferred by every NFL team to the league’s which then passes the money over to the visiting team. The NFL has full revenue sharing and by guaranteeing each visiting team 40% of the gate a team that has poor attendance or is in a region where they cannot charge as much as in a big city like NY, can make extra money off of its road games in this way.

Please help us out :
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 office@jewishbusinessnews.com.
Thank you.

FOS says that it was tipped off about the matter by at least two unnamed sources with knowledge of the investigation into the Washington Commanders.

The Washington Commander can ill afford another scandal, or at least their owner Daniel Snyder cannot afford one. The team struggled last year, bringing in the second lowest overall attendance in the entire NFL. The whole scandal over the team changing its name from the Redskins because it is offensive to Native Americans hurt the franchise, with many fans still angry that Snyder agreed to the name change.

And recently new revelations surfaced about Daniel Snyder’s possibly improper conduct when it came to the team’s internal investigations of sexual misconduct. Snyder himself was accused by one former employee of committing unwanted sexual acts of some form while riding on a private plane with her in 2009,

Some observers say that Daniel Snyder might be forced by the NFL to sell the Washington Commanders if this new investigation leads to any new evidence against him.

Newsletter



Advertisement

You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...

Entertainment

The Movie The Professional is what made Natalie Portman a Lolita.

Travel

After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.

Copyright © 2021 Jewish Business News