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BoA to release prospectus on the Commanders to potential buyers; Dan Snyder expected to sell the team

Related Topics: Dan Snyder

The Washington Post is reporting that Bank of America, who were hired by Dan Snyder to assess a potential sale of part of all of the Washington Commanders, is going to release a prospectus on the franchise to qualified potential buyers. On November 4th, news of the potential sale broke and Washington fans everywhere celebrated. Snyder would not confirm whether he, and his wife and co-CEO Tanya, would sell the entire team, or were looking to sell a minority stake, but all options were left on the table.

Snyder has been under enormous pressure from fans and other NFL owners to sell the team that he bought for $800 million in 1999.