[squrrelco3]

Originally Posted by Bill B

I actually thought that the estate taxes on the Redskins team were too much for JKC's son to afford so they were forced to sell the team - JKC's son actually wanted to own it but like many wealthy families who own businesses they were forced to sell when the owner died.

My understanding is JKC left the team to his foundation with instructions to sell the team and give the profits to the foundation for scholarships etc. John made a bid but it was nowhere close to being competitive.