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Redskins Owner Dan Snyder Ponders Life On $180 Mil Superyacht

IT'S YACHT TIME, BABY!!!

The 54-year-old billionaire set sail on his mega-ship, the "Lady S." -- a $180 million yacht with the world's first floating IMAX theater.

(It was originally reported that the yacht is only worth $100 mil, but we're told it's actually valued at $180).

Snyder was spotted aboard the boat in Portofino, Italy ... where he was sipping on beer and checking out his awesome pool and hot tub.

Oh, and he was still repping Washington all the way down to his toes ... check out the Redskins socks.

There's more on the ship .