Daniel and Tanya Snyder have hired a bank to 'consider potential transactions' involving the Washington Commanders, the team announced Wednesday.
In response to a request for comment, NFL spokesperson Brian McCarthy said that"any potential transaction would have to be presented to the NFL Finance Committee for review and require an affirmative vote by three quarters of the full membership ."
It's unclear whether or how a full sale of the team would impact the NFL's investigation, and the ongoing probe by the House Oversight Committee into similar issues. But attorneys Lisa Banks and Debra Katz, who represent more than 40 former team employees, said Wednesday that it would be a welcome development.
It's also possible that the Snyders could look to sell a minority stake in the team in an effort to acquire capital for the construction of a new stadium. Though key questions remain unanswered, the move to hire a bank is a significant development given Snyder's long-standing reluctance to so much as even entertain the idea of a sale. spoke publicly about a potential effort to remove Snyder as an owner
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