The Washington D.C. Legal professional Common is ready to carry a press convention tomorrow for the Washington Commanders. Karl Racine says {that a} main announcement is coming concerning the staff
Given the truth that an legal professional basic is concerned, this cannot be excellent news for the staff or for Dan Snyder, who’s reportedly starting to look into promoting the franchise.
All of the investigations into the staff from the previous few years will need to have yielded one thing, however since Racine did not give any particulars, there is no telling what’s on deck.
NFL followers have speculated about this information, questioning if it is an official announcement that Snyder is promoting the staff or one thing far worse. He might be in line for legal punishment for the reason that district’s authorized system is getting concerned.
For the reason that staff is technically situated in Maryland, that complicates issues even additional. For the Washington D.C. Legal professional Common to be concerned, it must pertain indirectly to D.C. itself.
That would imply that they are getting a brand new stadium in D.C., however it might additionally imply there’s severe hassle with the federal government on the best way for Snyder.
Why is Dan Snyder promoting the Washington Commanders?
The Commanders aren’t formally on the market simply but. Snyder has employed Financial institution of America to supervise potential transactions. It is a good signal that he intends to promote, however nothing is definite.
There are a couple of the explanation why he is perhaps promoting. First, it’s higher for him to promote on his personal accord whereas the worth is greater. If he is compelled out, he’d probably get a weaker return.
On that observe, there was real perception amongst NFL executives and homeowners that Snyder could be compelled to promote. After lengthy investigations into poisonous office and sexual harrassment (and different points) allegations, many believed there was advantage to take away Snyder.
He felt that stress and just lately lashed out, saying he had grime on the NFL and lots of of its homeowners. Nonetheless, it appears now that he could have determined it isn’t a battle price preventing or one which he can win.
Consequently, he is begun to look into promoting the staff in order that he can stroll away together with his head held (comparatively) excessive.