Forbes released an exclusive article on Wednesday morning titled “Dan Snyder Hires Bank of America to Sell Washington Commanders”. According to the article, “Snyder already has at least four phone calls from groups interested in buying the team.” Before too much excitement sets in for Commanders fans, the article states that Snyder and his bankers are currently exploring all options and a transaction could be for the entire team or for a minority stake in the team.
The Commanders have released the following statement, titled “Washington Commanders Hire Bank of America Securities to Consider Potential Transactions”. Dan and Tanya Snyder and the Washington Commanders announced today that they have hired BofA Securities to consider potential transactions. The Snyders remain committed to the team, all of its employees and its countless fans to putting the best product on the field and continuing the work to set the gold standard for workplaces in the NFL.” Bank of America was in charge of the transaction that saw Steve Ballmer purchase the NBA’s Los Angeles Clippers in 2014.