Washington Commanders co-owners Dan and Tanya Snyder have confirmed that they have hired the services of Bank of America Securities to explore potential financial transactions involving the team.
While the co-owners refused to elaborate on the nature of such transactions, a Commanders spokesperson vaguely stated that the Syders are “exploring all options” as they remain committed to “continuing the work to set the gold standard for workplaces in the NFL.”
Attorneys Lisa Banks and Debra Katz, who represent more than 40 employees in the Washington Commanders organization, welcomed this news, stating: “Today’s news that Dan and Tanya Snyder are exploring selling the Washington Commanders is a good development for the team, its former and current employees, and its many fans. We will have to see how this unfolds, but this could obviously be a big step towards healing and closure for the many brave women and men who came forward.”
Dan Snyder’s ownership of the team has been surrounded by controversy, particularly due to allegations of sexual misconduct along with the alleged creation of a toxic work environment. Currently, the NFL is investigating Snyder for sexual misconduct for the second time, with the first investigation resulting in a fine of $10 million for the Commanders.
