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Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders

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Old 11-03-2022, 10:14 AM   #11
Coff
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Re: Dan Snyder Hires Bank Of America To Potentially Sell Washington Commanders

Quote:
Originally Posted by Chico23231 View Post
Terrible comedian, smart business owner. I’d be all for it
Can he afford it though? The NFL requires owners to put down 30% for a team. If the team sells for $6B, that means he would need $1.8B in cash. His net worth is estimated at "only" $800M. Even if he cashed out, he still wouldn't be half way there. I can see him being a minority owner, but I seriously question if he can afford to buy this team. He would have to convince an awful lot of people to put down an awful lot of money to just be minority owners.
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