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The Washington D.C. Attorney General is set to hold a press conference tomorrow for the Washington Commanders. Karl Racine says that a major announcement is coming regarding the team.
Given the fact that an attorney general is involved, this can't be good news for the team or for owner Dan Snyder, who is reportedly considering selling the franchise.
All the investigations into the team from the last few years must have yielded something, but since Racine didn't give any details, there's no telling what is on deck.
NFL fans have speculated about this news, wondering if it's an official announcement that Snyder is selling the team or something worse. He could be in line for criminal punishment since the district's legal system is getting involved.
Since the team is technically located in Maryland, that complicates things even further. For the Washington D.C. Attorney General to be involved, it would have to pertain in some way to D.C. itself.
That could mean that they're getting a new stadium in D.C., but it could also mean there's serious trouble with the government on the way for Snyder.
Why is Dan Snyder looking to sell the Washington Commanders?
The Commanders aren't officially for sale just yet. Snyder has hired Bank of America to oversee potential transactions. This is a sign that he intends to sell, but nothing is certain.
There are a few reasons why he might be selling. First, it is better for him to sell on his own accord while the value is high. If he's forced out, he'd likely get a weaker return.
On that note, there was genuine belief among NFL executives and owners that Snyder would be forced to sell. After long investigations into toxic workplace and sexual harassment allegations, many believed there was merit to remove Snyder.
He felt that pressure and recently lashed out, saying he had dirt on the NFL and many of its owners. However, it seems now that he may have decided it's not a battle worth fighting or one that he can win.
As a result, he's begun to look into selling the team so that he can walk away with his head held (relatively) high.
