The Washington DC Legal professional Normal is ready to carry a press convention tomorrow for the Washington Commanders. Karl Racine says {that a} main announcement is coming relating to the group
Given the truth that an lawyer basic is concerned, this cannot be excellent news for the group or for Dan Snyder, who’s reportedly starting to look into promoting the franchise.
Washington DC Legal professional Normal Karl Racine will maintain a press convention tomorrow to make a “main announcement” relating to the Washington Commanders. https://t.co/ohnlqXXX0m
All of the investigations into the group from the previous couple of years will need to have yielded one thing, however since Racine did not give any particulars, there is not any telling what’s on deck.
NFL followers have speculated about this information, questioning if it is an official announcement that Snyder is promoting the group or one thing far worse. He may very well be in line for felony punishment for the reason that district’s authorized system is getting concerned.
For the reason that group is technically positioned in Maryland, that complicates issues even additional. For the Washington DC Legal professional Normal to be concerned, it must pertain not directly to DC itself.
That might imply that they are getting a brand new stadium in DC, but it surely may additionally imply there’s severe bother with the federal government on the way in which 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 just a few 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 pressured out, he’d doubtless get a weaker return.
On that notice, there was real perception amongst NFL executives and house owners that Snyder could be pressured to promote. After lengthy investigations into poisonous office and sexual harrassment (and different points) in, many believed there was benefit to take away Snyder.
He felt that strain and just lately lashed out, saying he had dust on the NFL and lots of of its house owners. Nevertheless, it appears now that he could have determined it isn’t a battle value combating or one which he can win.
Consequently, he is begun to look into promoting the group in order that he can stroll away along with his head held (comparatively) excessive.
