Commanders fans wait for details after Forbes bomb claims Dan Snyder selling team

(Geoff Burke-USA TODAY Sports) Dan and Tanya Snyder
(Geoff Burke-USA TODAY Sports) Dan and Tanya Snyder /

The second Jim Irsay came out against Washington Commanders owner Dan Snyder, fans hoped it would eventually lead to the NFL voting him out of office. That would require 24 of 32 owners voting for Snyder to sell the team, and a vote wasn’t expected until Mary Jo White concluded her investigation into Washington’s workplace culture, which could take another several months.

Snyder is currently facing allegations of sexual harassment of former employees and financial improprieties that included scamming season-ticket holders out of refundable deposits (essentially stealing from the NFL’s pocket).

Despite that — and Irsay’s loud defiance of the under-siege owner — fans refused to believe Snyder would sell until it actually happened.

On Wednesday, though, dreams crept closer to reality when Forbes published a report claiming Snyder hired Bank of America Securities to help sell the Commanders.

While an earth-shattering development, it comes with a caveat, as Snyder is exploring all options and a transaction could be for the entire team or a minority stake, which is a colossal difference, and fans are left waiting for the full details.

Forbes claims Dan Snyder hired Bank of America to help sell the Commanders.

Take a deep breath, everyone. This could mean EVERYTHING, or it could mean absolutely nothing. Is Snyder actually considering selling the team altogether? Is he merely laying the groundwork to build a new stadium?

It’s anyone’s guess, but the Commanders just released this statement:

"“Dan and Tanya Snyder and the Washington Commanders announced today that they hired BofA Securities to consider potential transactions.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.”"

Could’ve really done without the “gold standard for workplaces” bit, but this move just confirms one thing: the team needs an injection of cash. The question is who would want to be a minority partner for the Snyders? A potential well-liked celebrity to be the new face of ownership while the Snyders take a backseat?

We’ll have further updates as they’re made available. While a full sale of the team is possible, the minority stake caveat leaves fans in no-man’s land.

Next. 6 candidates who could replace Dan Snyder as owner. dark