Minority Owners of the Skins Want Out.

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skinsfanmdc
07-06-2020, 01:03 PM
According to Kevin Sheehan, it is possible that the minority owners and the NFL could force Snyder to sell his majority ownership...so this could be big. I hate losing the Redskins name, but if it came with getting Snyder out, it would be worth it.
Dan's going to fight tooth, and nail to try to keep the team.

BaltimoreSkins
07-06-2020, 01:20 PM
According to Kevin Sheehan, it is possible that the minority owners and the NFL could force Snyder to sell his majority ownership...so this could be big. I hate losing the Redskins name, but if it came with getting Snyder out, it would be worth it.

I haven't listened to that episode but it sounds like the podcast version of clickbait.

SolidSnake84
07-06-2020, 01:26 PM
I don't know how the ownership split is structured and what the percentages are but is it possible that one person could buy out all the minority owners and become the majority owner?

There was some speculation on this last year that Bruce Allen was going to buy some or all of the minority shares, and basically own the team along with Snyder. Now obviously it didn't come to fruition but it was being considered at one point, if you can believe the rumors.

The situation with the minority owners and the NFL forcing Snyder out seems to be gaining traction. This would be amazing if true. Getting Snyder out of this organization would probably be the best thing that ever happened in NFL history.

MTK
07-06-2020, 01:27 PM
Listening to Sheehan right now, it's an interesting point. If the minority owners can't find someone to buy in plan B could be to buy out Snyder. Or maybe it's plan A, a coup basically. Very interesting.

MTK
07-06-2020, 01:35 PM
Michael Wilbon says he won't be surprised if Dan Snyder is forced to sell Redskins (https://www.nbcsports.com/washington/redskins/michael-wilbon-says-he-wont-be-surprised-if-dan-snyder-forced-sell-redskins)

MTK
07-06-2020, 01:37 PM
Jeff Bezos' name could surface given Redskins' fluid ownership situation (https://www.nbcsports.com/washington/redskins/florio-jeff-bezos-name-could-surface-given-redskins-fluid-ownership-situation)

BaltimoreSkins
07-06-2020, 02:30 PM
https://247sports.com/Article/NFL-Washington-Redskins-team-name-FedEx-CEO-Fred-Smith-trying-to-sell-share-of-team--148848504/

Sounds like Smith has been advocating for a name change for a while and both him and Schar have tried to sell shares prior but can't find buyers.

BaltimoreSkins
07-06-2020, 02:34 PM
It is hard for me to see a force out of Dan Snyder. Perhaps if he decides to keep the name and Fed Ex, Nike and Pepsi stick to their financial boycott and it begins to have greater league impact. Bezos' is interesting based on that article not just because of his finances but because of his streaming service. Having a competent high profile owner in what should be a desirable market has to be appealing to the league.

MTK
07-06-2020, 02:37 PM
Apparently most of Snyder's wealth is tied up in the team. If he's truly not on board with the name change and he's had enough, perhaps he'd consider a buyout.

One can dream.

irish
07-07-2020, 07:29 AM
Apparently most of Snyder's wealth is tied up in the team. If he's truly not on board with the name change and he's had enough, perhaps he'd consider a buyout.

One can dream.

I think this is the most plausible scenario. I wouldn't be surprised if he sold prior to the name change so his legacy isn't as the owner who changed the team's name.

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