Washington Minority Owners Cranking Up Heat

Dwight Schar, Bob Rothman and Fred Smith have been Dan Snyder's business partners in the Washington NFL team for a long time.

They were all friends and per sources, Snyder feels betrayed by the three owners that reportedly have about a 40% share in the organization.

Today, we have more proof that a divorce is underway.

Minority shareholders of Washington’s NFL team have hired the investment bank, Moag & Company, to vet buyers and to sell their stake in the team, per a league source.
— Adam Schefter (@AdamSchefter) July 16, 2020

Apparently, Sportico was first to report this news last week but at least on my radar screen, it was engulfed by the non-stop news cycle the organization generates.

BREAKING: @Sportico Exclusive: Redskins minority owners tap Moag & Co. to sell their stakes: https://t.co/ihjvaFtOil #sportsbiz #NFL pic.twitter.com/Q0vLEHSkVz
— Sportico (@Sportico) July 6, 2020

Some have speculated that perhaps the three partners of Snyder would try to overtake the majority owner and his family, but that doesn't appear to be the case.

At least one and possibly more than one is believed to be interested in buying or partnering with other NFL teams.

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Chris Russell is the Publisher of this site, a part of SI.com. He can be heard on 106.7 The FAN in the Washington D.C. area and world-wide on Radio.com. Chris also hosts the "Locked on Redskins" Podcast and can be read via subscription to Warpath Magazine. You can e-mail Chris at russellmania09@Gmail.com or follow him on Twitter at @Russellmania621