A once impossible thought appears to be creeping ever closer towards becoming a reality, after Wednesday's news that Dan and Tanya Snyder have hired Bank of America Securities "to consider potential transactions."
Many took that as a sign that the Snyders may be planning to put the Washington Commanders up for sale after 23 years of ownership, although the vagueness of the wording in their announcement leaves it open to interpretation.
Now, Bloomberg.com reports that media tycoon Byron Allen is preparing a bid to purchase the Commanders.
Allen recently prepared a bid to purchase the Denver Broncos, but was ultimately outbid by Rob Walton, the billionaire heir to the Walmart throne, who led an ownership group that purchased the Broncos for $4.65 billion in June, the most expensive sale of a sports franchise ever.
The Snyders have a full ownership stake in the Commanders.
