Whats going on with our skins?

[skinsfan69]

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.

Randy Learner died and his son kept the team. Same with the Hunts and Mara's. JKC did not directly leave the team to his son. He left it to the foundation. The foundation was a bunch of people who worked for JKC. His son was part of the foundation. They were instructed to get the highest bid which they did. John's bid was 680 million but he didn't actually have anywhere near that amount. He was trying borrow most of the money from Bank of America. Bottom line was Snyder had the $ and John did not. His own father screwed him over.