OT: Washington Commanders sale “imminent” (update: sold for $6 billion)

[SHOWTIME15]

With sale of Commanders believed to be imminent, the Snyders have cleared out of the facility

It actually seems to be on the verge of happening.

profootballtalk.nbcsports.com

It actually seems to be on the verge of happening.

The Commanders, after nearly 24 years of ownership by Dan Snyder, could very soon be under new management.

Per multiple sources, Dan and Tanya Snyder have cleared out of the team’s facility in advance of the sale of the team. As one source explained it, they left in late December.

We’re also told that, within the building, the word being used regarding a potential sale is “imminent.” Multiple sources said that a sale could be approved and announced as soon as the upcoming league meetings in Arizona.

 

[patfanken]

Thank ****ING God. The should be in jail instead of making Billions on a team he's mismanaged since day one. Hopefully it will go to good ownership.

 

[signbabybrady]

To who?

 

[RobertWeathers]

To who?

The guess is this group

Commanders sale update: D.C. billionaire joins bid to try to buy Washington football franchise, per report

Dan Snyder may be closing in on his purchase of the franchise

www.cbssports.com

 

[BTTA]

The stories around the DC area of the awful things Snyder has done are a bottomless pit. Hopefully he's moving out of the area to become someone else's local landfill.

@Joker maybe you can add to your real estate empire? Someplace to hang out in February, when the flowers are blooming instead of being buried under ice and snow?

Dan Snyder Is Selling His Potomac Estate for $49 Million - Washingtonian

If it sells at that price, it will be the biggest residential real estate sale ever in the DC area.

www.washingtonian.com

 

[Boomer B]

Seen inside the team compound

 

[SHOWTIME15]

It is done.

Dan Snyder agrees to sell Commanders to Josh Harris group for record $6 billion

Dan Snyder’s beleaguered tenure owning the Washington Commanders appears to be nearing the finish line.

nypost.com

 

[Love The Drake]

Wow

 

[mike_usagisan]

Cobra Commander has left the building! Arise Serpentor!

 

[SHOWTIME15]

 

[RobertWeathers]

Dan Snyder agrees to sell Commanders to Josh Harris group for record $6 billion

Dan Snyder’s beleaguered tenure owning the Washington Commanders appears to be nearing the finish line.

nypost.com

Snyder bought the "Skins in 1999 for $800m.....24yrs later a $6b sale.

ARR- 8.75%

Not bad.

 

[SHOWTIME15]

Snyder bought the "Skins in 1999 for $800m.....24yrs later a $6b sale.

ARR- 8.75%

Not bad.

Oh, Snyder is quite happy. I wonder what the taxes are going to look like for him on a $5 billon profit though...

 

[Sfpat]

Snyder bought the "Skins in 1999 for $800m.....24yrs later a $6b sale.

ARR- 8.75%

Not bad.

but not an exceptional return

 

[Jlaff]

but not an exceptional return

If you don't classify opportunities to see nude cheerleaders as part of the return, sure.

 

[farn]

Irsay Back in the lead as “worst owner”

 

[Bill Lee]

Snyder bought the "Skins in 1999 for $800m.....24yrs later a $6b sale.

ARR- 8.75%

Not bad.

I would presume it was more than just the sale price, I presume he got a lot of positive cash flow over those 24 years, at least until he pissed off the fan base so badly that they stopped coming to games.

 

[Bill Lee]

Of course the NFL will continue its investigation into Snyder, they don't want to be seen as condoning the lecherous activities of an arrogant billionaire.

Wait, what?

 

[DarrylS]

Mr. Kraft is smiling big time this afternoon.. his investment of $172 million in 1994 increased exponentially..
Last year the Bronco's went for $4.6...

 

[JarOfMayo51]

Oh, Snyder is quite happy. I wonder what the taxes are going to look like for him on a $5 billon profit though...

Like 15% capital gains, but he’ll probably lower the total taxed dollars by buying another business or something

 

[JarOfMayo51]

Crazy that Twitter sold for $44 billion and an entire nfl franchise with stadium etc sells for 6