Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

Let's hope this is true. New Thread:

[url]https://www.forbes.com/sites/mikeozanian/2022/11/02/dan-snyder-hires-bank-of-america-to-sell-washington-commanders/?sh=29eb355d6479[/url]

Re: Dan Snyder Hires Bank Of America To Sell Washington Commanders
 

This sounds more likely than him selling outright, but fingers crossed

[QUOTE]@JPFinlayNBCS

ENTIRELY possible this is just selling a minority stake. Cash infusion to build a stadium. Deep breaths folks[/QUOTE]

Re: Dan Snyder Hires Bank Of America To Sell Washington Commanders
 

[quote=MTK;1327406]This sounds more likely than him selling outright, but fingers crossed[/quote]

Some additionally context:

@AlbertBreer
The @Forbes story on Daniel Snyder hiring Bank of America to handle the sale of the @Commanders comes with a very big qualifier, saying the "transaction could be for the entire NFL team or a minority stake."

Snyder's been defiant about selling through a series of statements.

Re: Dan Snyder Hires Bank Of America To Sell Washington Commanders
 

Also Matty, do you mind editing the thread to say "Potentially Sell"

Re: Dan Snyder Hires Bank Of America To Sell Washington Commanders
 

[quote=Ruhskins;1327407]Some additionally context:

@AlbertBreer
The @Forbes story on Daniel Snyder hiring Bank of America to handle the sale of the @Commanders comes with a very big qualifier, saying the "transaction could be for the entire NFL team or a minority stake."

Snyder's been defiant about selling through a series of statements.[/quote]

Let's say someone is serious about buying him out for $7B or $8B, tough for him to not consider taking that

Re: Dan Snyder Hires Bank Of America To Sell Washington Commanders
 

[IMG]https://pbs.twimg.com/media/FgkUmZIWYAIt5Yc?format=jpg&name=medium[/IMG]

Ben Standig

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

Get Elon on the phone now

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

Total Snyder move, get us all excited, then only sells like a 10% stake.

I'll just start preparing to be extremely disappointed now. That is the 1 thing I can always count on from him.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

Who's enough of a shithead and moron to want to partner up with the Snyders?

Full sale or bust.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=MTK;1327419]Who's enough of a shithead and moron to want to partner up with the Snyders?

Full sale or bust.[/quote]

Has to be full sale

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

The internet circle-jerk that will happen in here if he fully sells the team will be fucking legendary.

[IMG]https://www.meme-arsenal.com/memes/d8ca7b959b8a6b8e9ee3d7646e3c331d.jpg[/IMG]

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=MTK;1327419]Who's enough of a shithead and moron to want to partner up with the Snyders?

Full sale or bust.[/quote]

I don't see Snyder leaving the prestige of the NFL ownership group but this is a good point.

Unless....
How can Snyder screw over the NFL and it's fans?
Saudi Money!

2024 Emirates Stadium, home of the Washington Bonesaws!

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

Think JP is on to something. Owners already said they are not going to extend debt limit (should have done this when minority owners wanted buy out too) for him to build a new stadium so he has to get cash he doesn't have some other way.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

There's a lot of money to be made as the minority owner of an NFL franchise. There are plenty of billionaires who could care less about on-field success or off-field issues. As long as their investment grows, it will be worth it.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=jamf;1327422][B]I don't see Snyder leaving the prestige of the NFL ownership group [/B]but this is a good point.

Unless....
How can Snyder screw over the NFL and it's fans?
Saudi Money!

2024 Emirates Stadium, home of the Washington Bonesaws![/quote]

I agree with this. IMO this is a smoke screen and the first step toward him moving the team away from the DMV.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

Perhaps all of the pressure and the stress has finally worn Dan down. Maybe Dan's family is telling him they've had enough.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

wow...

@JPFinlayNBCS
New text from Commanders spokesperson: "We are exploring all options"

Re: Dan Snyder Hires Bank Of America To Sell Washington Commanders
 

[quote=Chico23231;1327412][IMG]https://pbs.twimg.com/media/FgkUmZIWYAIt5Yc?format=jpg&name=medium[/IMG]

Ben Standig[/quote]

Hahaha the gold standard for workplaces in the NFL workplace. This is an April Fool's or a Happy Thanksgiving moment

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

Just the fact there appears to be a cracked door to Snyder selling is pretty significant.

Please football gods, save us already

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[IMG]https://media1.giphy.com/media/X7zcSJy9N2dipIn6GR/giphy.gif[/IMG]

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=Chico23231;1327413]Get Elon on the phone now[/quote]

Or Bezos.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=BaltimoreSkins;1327423]Think JP is on to something. Owners already said they are not going to extend debt limit (should have done this when minority owners wanted buy out too) for him to build a new stadium so he has to get cash he doesn't have some other way.[/quote]

Yeah that seems to be the logical connect the dots.

owners didnt approve another debt waiver .. Snyder has to sell minority share to get cash infusion.

Fingers crossed its something more.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=jamf;1327422]I don't see Snyder leaving the prestige of the NFL ownership group but this is a good point.

Unless....
How can Snyder screw over the NFL and it's fans?
Saudi Money!

2024 Emirates Stadium, home of the Washington Bonesaws![/quote]

I think the sale has to be approved by the owners.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=Ruhskins;1327431]Or Bezos.[/quote]

jeff bezos is who i want as owner as he also builds us a new stadium called amazon stadium in DMV area

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[url]https://www.espn.com/nfl/story/_/id/34932499/snyders-hire-bank-america-securities-explore-commanders-sale[/url]

[url]https://www.foxnews.com/sports/commanders-dan-synder-hires-bank-in-first-step-towards-possible-team-sale[/url]

[url]https://www.cnn.com/2022/11/02/football/washington-commanders-dan-snyder/index.html[/url]



omg

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=MTK;1327419]Who's enough of a shithead and moron to want to partner up with the Snyders?

Full sale or bust.[/quote]

Elon. or Bezos.

I could see both buying a minority partnership with the idea eventually they will force him out.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

I feel bad for some of y'all. Keeping my hopes at a solid 0.00% he sells a majority stake or whole stake of the team.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

I'm trying not to get too excited because you could see this being a move to either a) raise cash for a stadium, b) generate cash flow to offset increased debt service costs that may have risen due to interest rate increases (he borrowed a lot to pay Fred Smith for his minority share, if that was variable rate debt he might be getting crushed right now), c) a desire to secure a partner to help him work with local politicians to get a deal over the finish line. Or a bit of all three.

At the same time, the way this was announced, and with the way they're saying we're exploring all options? It seems to say 'if we get a price we like, we'll sell.'

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=sdskinsfan2001;1327440]I feel bad for some of y'all. Keeping my hopes at a solid 0.00% he sells a majority stake or whole stake of the team.[/quote]

I feel skeptical about it. But I think this opens the door for someone to potentially make an offer that Dan can't refuse. According to Forbes, the team is worth $5.6 billion; I'm pretty sure Dan will listen if someone offers him a billion or two above that price.

Just about anyone that buys the team will be given the benefit of the doubt by the local governments and should be able to do a stadium deal right away.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

Posted by JP. LOL. From Bookies.com:

[IMG]https://pbs.twimg.com/media/FgkoAtyXEAAN6Sp?format=jpg&name=small[/IMG]

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

Snyder being here as even a minority owner could still be an impediment to getting a stadium deal and making the investigations go away. Anybody buying a significant stake would surely want Snyder out of the building because of that. If someone offers him north of $5bn ( which one guy was willing to pay for Denver) then it would be hard to refuse for most right minded people. Though Dan is Dan so ....

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

Maybe it is just me, but as soon as you accept the possibilty of buying/selling something then it almost becomes inevitable, the fact that a full sale appears to be on the table is a major step forward.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

I just found out about this just now. I hope this isn't just blowing smoke. I hope Dan will finally be gone.

I have said many times that I would return to the Commanders as their fan if it meant that Dan was finally gone. I hope that you guys would welcome me back too!

I haven't been this excited in a long time!!!

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

Adam Schefter on ESPN:

“This is not a minority sell this a whole sale”

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=MTK;1327448]Adam Schefter on ESPN:

“This is not a minority sell this a whole sale”[/quote]

They wouldn't be making all of these announcements for a minority sale. When Snyder bought the rest of of the team, I don't remember it being such a big deal.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=EdmundDorf;1327445]Maybe it is just me, but as soon as you accept the possibilty of buying/selling something then it almost becomes inevitable, the fact that a full sale appears to be on the table is a major step forward.[/quote]

Yeah I mean why even float the possibility out there if there is truly no interest on the Snyders part in selling?

If they are "looking at all options", this shit is for sale.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=MTK;1327448]Adam Schefter on ESPN:

“This is not a minority sell this a whole sale”[/quote]

Dear Mr./Ms. Billionaire(s) out there:

[IMG]https://media.tenor.com/SWGnPrSkGaQAAAAd/rounders-pay-that-man-his-money.gif[/IMG]

We will love you forever.

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

If the team is sold, where's the party at?
Vegas?
DC?

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=sdskinsfan2001;1327451]Dear Mr./Ms. Billionaire(s) out there:

[IMG]https://media.tenor.com/SWGnPrSkGaQAAAAd/rounders-pay-that-man-his-money.gif[/IMG]

We will love you forever.[/quote]

i love that movie

Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders
 

[quote=jamf;1327452]If the team is sold, where's the party at?
Vegas?
DC?[/quote]

Everyone gets glittertitties!!!!