Dan Snyder, the controversial owner of the storied NFL franchise the Washington Commanders (formerly the Redskins) has reportedly received two different $6 billion offers for the sale of the team. The NFL has been pushing Dan Snyder to sell the Commanders for some time now.
According to ESPN, a group led by Josh Harris and Mitchell Rales, which includes NBA legend and hall of famer Magic Johnson, submitted a “fully-financed” $6 billion bid to acquire the Washington Commanders.
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And ESPN’s Adam Schefter also tweeted that Canadian billionaire Steve Apostolopoulos has submitted a fully-funded $6 billion offer for the Washington Commanders. Schefter added that the league expects a sale of the team before the next NFL draft.
If a deal is completed, the $6 billion price tag would be almost 30% above the previous record for the sale of an NFL franchise which came when the Denver Broncos were sold for $4.65 billion.
The controversies surrounding the team and its owner are numerous. For example, the House of Representatives is investigating Dan Snyder and the Washington Commanders over allegations that include various forms of discrimination and paying out hush money to keep it all quiet.
At the end of 2020, it was revealed that Daniel 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 team formerly known as the Washington Redskins over allegations that Mr. Snyder committed unwanted sexual acts of some form while riding on a private plane with her in 2009.
Forty women came forward that year saying sexual misconduct has been rampant in Washington’s organization during Snyder’s ownership. Allegations include Larry Michael, a former team broadcaster and executive, requesting outtakes from cheerleader video shoots in 2008 and 2010—allegedly at Snyder’s behest.
Daniel Snyder’s official bio on the Washington Commanders’ website is quite flattering, however, calling him a self-made man and an “entrepreneur at heart, Dan Snyder’s life is marked by an enduring passion for the people, the team and the community he loves.”