When will owner Dan Snyder’s dark cloud finally lift from the Washington Commanders after further allegations surfaced this week?
Fans are getting pretty tired of the constant stream of bad publicity Dan Snyder is bringing to their door. The Washington Commanders have been enveloped in numerous scandals over the last few years thanks to their owner, who could be in the final days of his tenure based on reports.
It’s just one thing after another. The latest centers on Snyder reportedly taking out a $55 million loan that was not approved by three minority owners at the time – something ESPN claimed via sources that the NFL was aware of and brushed under the carpet.
A league representative dismissed the claims in a statement via Ben Standig of The Athletic. But the allegations are serious enough to warrant an investigation from federal prosecutors in Virginia, so it’s a situation worth monitoring at the very least.
"“The parties had a series of disputes, which were certified to the Commissioner for arbitration as required by league rules. After several months, the parties were asked if they would be interested in participating in a confidential mediation with the Commissioner, which they agreed to do. The mediation lasted for two days and the parties subsequently reached an agreement whereby the three limited partners sold all of their interests in the team to Mr. Snyder at an agreed-upon price and other terms. Everyone was represented by very sophisticated legal and financial advisors. The agreement included full releases of all claims that were or could have been asserted by any party in the arbitration proceeding.”"
Whether this amount to any official prosecution or not remains to be seen. They are going up against two powerful forces in Snyder and the NFL, who’ll need to come up with the documentation needed to ensure no formal charges emerge from these allegations.
When will Dan Snyder sell the Commanders?
This is the latest in a series of embarrassing situations for Snyder, whose time as an NFL owner is hanging by a thread. But for the team’s long-suffering fanbase, there could be some light at the end of the tunnel.
Of course, Snyder is not going to make things easy. This bears more significance when it comes to Jeff Bezos’ potential interest in purchasing the Commanders, which the league is reportedly pushing for.
Snyder doesn’t want Bezos to get his hands on the Commanders. Not unsurprising considering the Washington Post’s involvement in revealing the workplace standards – or lack thereof – under the owner’s watch.
With a crumbling stadium and varied success on the field, there’s never been a better time for a fresh start. Snyder can feel pushed out all he wants, but if the owners unanimously vote him out when their meeting gets underway later this month, his feelings will count for absolutely nothing.
While the process can be long and exhausting, the end goal remains the same. Snyder’s reluctance could slow down the sale further, but this latest set of accusations might be the straw that breaks the camel’s back once and for all.
Everyone is eager for this to get rubber-stamped. A chance for Snyder’s dark cloud to finally lift from the Commanders, which would completely galvanize everyone associated with the franchise.
Until then, we can only wait and see how things unfold. This is a rapidly changing situation that seems to take a different turn every minute, which is in keeping with the constant mess that’s followed Snyder around more often than not.
Mercifully, it’s almost at an end. And once the NFL owners’ meetings conclude, Snyder’s plight might be out of his hands.