Snyder hires BofA Securities to explore possible sale of scandal-hit Commanders

• Team currently under investigation by US Congress
• Forbes valued Commanders at $5.6bn earlier this year

The Washington Commanders announced on Wednesday that the team and its owners have hired Bank of America Securities to consider potential transactions", raising the possibility that Dan and Tanya Snyder could sell the scandal-hit franchise.

The Snyders remain committed to the team, all of its employees and its countless fans to putting the best product on the field and continuing the work to set the gold standard for workplaces in the NFL," the statement said.