Article 56WRX Report: Minority partners pressuring Dan Snyder to sell team

Report: Minority partners pressuring Dan Snyder to sell team

by
Mike Alessandrini
from on (#56WRX)

Following an offseason mired in controversy, minority partners are pressuring Dan Snyder to sell the Washington Football Team, sources told Andrew Beaton and Cara Lombardo of The Washington Post.

There's a growing sense of frustration among the ownership group regarding the handling of multiple situations this year. However, Snyder reportedly has no intention of selling the franchise at this time.

The minority partners - who own approximately 40% of the team - include FedEx Corp. CEO Fred Smith, Black Diamond Capital chairman Robert Rothman, and NVR Inc. chairman Dwight Schar. The group recently hired an investment firm to sell their interest in Washington, according to Beaton and Lombardo.

Tension within the organization reportedly predates its recent name-related controversy, and a lawsuit filed by Snyder suggests that one partner leaked defamatory information about him.

Snyder purchased the franchise in 1999. The team changed its name last month after 87 years. Shortly after that, 15 women said team executives sexually harassed them during their time with the organization.

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