Washington minority owners selling part of team ahead of rumored Washington Post story
By Mike Luciano
Washington’s minority owners are starting to leave Dan Snyder’s team.
The team formerly known as the Washington Redskins are in the news for more than just their long-overdue rebranding. They are rumored to be the subject of a Washington Post story that aims to blow the lid off of a reportedly toxic culture. After Dan Snyder and his team hired lawyers to combat what could be a potentially shocking story, several key decision-makers have already decided to do everything in their power to remove any association with this franchise.
Per Adam Schefter, several Washington minority owners hired investment bank Moag and Company to vet buyers ahead of them potentially selling their share in the team.
Dan Snyder’s team could be in for a rough day once the Washington Post story drops.
The Washington Post’s story has yet to hit the internet, but that’s likely due to the fact that there is a lot of fact-checking that needs to be done before this bombshell can go live. Schefter has hinted that the story has to do with the fact that front office members Richard Mann III and Alex Santos, as well as play-by-play man Larry Michael, all who left the organization.
Mike Florio of Pro Football Talk is reporting that two of the owners trying to sell their stake have been trying to make this happen for months, while some have only recently decided to sell considering the tsunami of negative press.
The timing of this move makes it appear as if the Washington minority owners are trying to get out of Dodge before the stuff hits the fan. If this story is as explosive as every member of Washington’s sports media landscape has been teasing it to be, the consequences might be enough to force even Snyder out of his comfy spot in Landover.