Dan Snyder

Washington Commanders Officially Sold

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The Washington Commanders have been officially sold by Dan Snyder. The deal was made official on Thursday. The agreement was made official on Thursday, with Commanders fans rejoicing. The deal is reportedly for $6 billion, with the new ownership group consisting of the co-owner of the Philadelphia 76ers and Magic Johnson. The sale has been a long time coming for Commanders fans. Snyder has been the focal point of numerous scandals throughout the years. Now the painful nightmare is over for the Commanders faithful.

It has been no secret that the Commanders have not been one of the most well-run organizations in sports. During the season, videos were shared showing the stadium basically falling apart. However, it seemed to fans that ownership didn’t care about their experience at the stadium. Ownership had no reason to care as long as tickets were still being sold. Finally, it felt like the frustration of the city had reached a fever pitch. Snyder’s days as the owner of the Commanders were numbered. Finally, a fan base drenched in misery can celebrate something positive happening.

Washington Commanders Find New Ownership

Six billion dollars is a hefty price. However, the value of NFL franchises will only go up with the dominating success of the sport. The NFL has become the most popular sport in the United States. The league continues to see betting wars to have their games on certain networks. Recently, YouTube paid a steep price for the rights to NFL Sunday Ticket. A subscription service that had long found DirecTV as its home. Now Sunday Ticket and the league will embark on a new venture with a popular streaming service.

NFL ownership is a billionaire’s playground. However, Dan Snyder seemingly ran a once great franchise in the Washington Commanders straight to the dirt. But brighter days seem to be ahead for the organization and its fans. The Commanders finished in last place of a stacked NFC East last season. However, the change in ownership could begin a positive trajectory for the franchise. For the latest news regarding all things NFL, keep it right here with HNHH.

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SOURCE SPORTS: Jeff Bezos Will Not Be Allowed to Pursue Purchase of Washington Commanders

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Jeff Bezos obama foundation

Jeff Bezos’ effort to buy the Washington Commanders will go unheard. According to The Athletic, the billionaire’s effort to buy the NFL franchise was shut down.

Bank of America, who represents the Commanders, alerted Bezos, stating he would not be allowed to pursue a purchase. Worth noting, Bezos currently owns The Washington Post, which published posts on a hostile work culture within the franchise, one of the many factors that led to the potential sale. The Commanders are currently owned by Daniel Snyder, who also believes the paper had a desire to push him out of the league.

The New York Post added Snyder may attempt to hold on to the team if his asking price is not met.

Prior to his hiring, new Commanders offensive coordinator Eric Bienimy questioned the team president, Jason Wright, on the status of a potential sale. “Eric, just like the rest of us, sees the transition as one that’s good for the organization … There’s nothing but upside for the organization, and we’ve already had a lot of success in rebuilding the football side of the business from where we started when Ron took over.”

First rounds of bidding recently closed and were reportedly less than $6 billion. Snyder is reportedly seeking $7 billion.

Bezos has long been rumored to have the desire to partner with JAY-Z on ownership. In November 2022, when asked about entering a bid for the Washington Commanders with JAY-Z. He played coy, but it definitely sounds like he has an interest.

Speaking with CNN, Bezos didn’t quiet the rumors, instead leaving the moment open-ended when asked about a potential purchase.

“Yes, I’ve heard that buzz,” Bezos said. “I grew up in Houston, Texas, and I played football growing up as a kid… and it is my favorite sport… So we’ll just have to wait and see.”

According to TMZ, Hov has long had an interest in purchasing the team but would need a partner. Bezos also has an interest in the team and has ties to the area as he is the owner of The Washington Post. There is also the deal between Prime Video and the NFL.

According to ESPN, the options range from a potential sale of the team to possibly adding minority investors.

“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,” the team said in the statement.

Alongside the sale is the investigation by Congress of Snyder for the workplace culture under his leadership. That investigation is coupled with one from the NFL for alleged sexual misconduct, which previously resulted in a $10 million fine for the team.

The post SOURCE SPORTS: Jeff Bezos Will Not Be Allowed to Pursue Purchase of Washington Commanders appeared first on The Source.

Stephen A. Smith Rips Dan Snyder As An “Embarrassment”

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Stephen A. has never been shy to give his unfiltered opinion on what is going on throughout the sports world. While some of his opinions are roasted by the public, there are certainly moments in which he has something truly poignant to say. Overall, Smith was born for the sports commentary world.

Recently, another big story involving the Washington Commanders has been made public. Following a congressional investigation, it was revealed that Commanders owner Dan Snyder engaged in a toxic work culture. Additionally, he reportedly even leaked e-mails that led to the firing of Jon Gruden. Moreover, there was even information pertaining to alleged sexual harassment.

Stephen A. Smith attends Peacock’s “The Best Man: The Final Chapters” Premiere Event at Hollywood Athletic Club on December 07, 2022 in Hollywood, California. (Photo by Unique Nicole/WireImage)

Stephen A. Has Words For Snyder

During a segment on First Take today, Smith spoke about the situation with the Commanders. As you can imagine, Smith spoke strongly about the matter. Overall, he thinks this is horrible for the Commanders, and that ownership needs to change, immediately.

“As it pertains to Daniel Snyder, I don’t know him very well,” Smith said. “I’ve met him on several occasions, I’ve always been fond of talking with him. This is really bad and there is no question he should no longer be an owner of a National Football League team. He has to go.

“The Washington Football Team has won three playoff games in 30 years. The last time they won a playoff game was in 2005. They’ve only been to the playoffs three times since 2005. It has been an embarrassment.”

The Commanders situation is currently ongoing, so stay tuned to HNHH for all of the latest news and updates. Additionally, let us know what you think should happen to Snyder, in the comments below.

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