SNIDER: Forget Snyder selling WFT


It doesn't look like Dan Snyder is going anywhere.

The NFL finance committee has reportedly approved a plan for the Washington Football Team owner to buy out his minority partners, as first reported by the Go Long newsletter.

Translation: The NFL investigative report looming won't force him out. The finance committee likely already knows what's in that report and wouldn't have approved this move if the NFL was planning to suspend Snyder or make him sell. Indeed, watch that report soon emerge now that this partnership dispute is settled.

Double Translation: Snyder will be here for a long time and now has his dirty laundry in courts suddenly drying up. Non-disclosures for everybody!

Snyder has not only weathered the storm — he is the storm. Snyder regains 40.5 percent from his three partners who tried everything to force the team's sale so they would get a much higher price. Snyder's buyout rate means the team is worth slightly more than $1 billion when industry analysts claim triple that price. With new NFL media contracts worth $110 billion, the WFT may now be worth $4 billion. That's why the finance committee was willing to let Snyder take on $450 million in debt given it's slightly more than 10 percent of the franchise's overall value.

Snyder 1, minority partners 0.

The NFL wanted this ugly divorce ended, especially since it was in the New York courts where the backroom drama was suddenly a Broadway play. The NFL hates exposure. Teams are privately held and needn't be transparent, but the court case would have done so.

NFL commissioner Roger Goodell probably told Snyder to do what was needed to end dissent. Concurrently, the NFL was seeing the results of an eight-month investigation of the team's front office culture that was allegedly hostile to women staffers. Snyder was never directly accused and made widespread changes in personnel while firing those accused of misdoings.

The NFL could suspend or force Snyder out if the report showed he was involved. For the NFL to allow Snyder to buy out his partners likely means they've decided any pending punishment will be minor. Considering staff changes, the NFL probably fines the team. It's a parking ticket. Civil litigation or settlements are a private matter outside the league's purview. You can be sure the stack of non-disclosures will touch the clouds.

That Snyder will own all of the team could allow him to sell it more easily and at an increased profit. But, Snyder is a lifer. If recent allegations aren't forcing him out, nothing will.

Dan Snyder is going nowhere.

Rick Snider has covered Washington sports since 1978. Follow him on Twitter: @Snide_Remarks.

We strive to be a platform where varying opinions may be voiced and heard. The views, thoughts, and opinions expressed by the author(s) of this article and/or by those providing comments are theirs alone, and do not represent those of Audacy, Inc. We are not responsible for any damages or losses arising from this article and/or any comment(s).
Featured Image Photo Credit: © Mark J. Rebilas-USA TODAY Sports