Dan Snyder has hired Bank of America as the embattled owner of the Washington Commanders is exploring selling the NFL franchise, Forbes reported Wednesday morning.
“Dan and Tanya Snyder and the Washington Commanders announced today that they have hired BofA Securities to consider potential transactions,” the Commanders said in a statement in response to Forbes’ report.
“The Snyders remain committed to the team, all of its employees and the countless fans to putting the best product on the field and continuing the work to set the gold standard for workplaces in the NFL.”
Snyder has been at the focal point of controversy since an NFL report revealed that the Commanders had an “unprofessional” and “toxic” workplace environment.
There have been countless calls for the 57-year-old to sell the Commanders including Colts’ owner Jim Irsay who publicly expressed that Snyder should sell the team last month at the NFL owners’ meetings in Manhattan.
“I believe that there’s merit to remove him as owner of the [Commanders],” Irsay said inside the Conrad New York Downtown hotel. “I think it’s something we have to review. We have to look at all the evidence, and we have to be thorough. But I think it’s something that has to be given serious consideration.”
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