Washington Commanders owner Dan Snyder hires Bank of America to explore possible sale of franchise
BofA #BofA
NBC News 7 mins ago David K. Li
Washington Commanders owners announced Wednesday that they hired Bank of America, in a major step toward a potential sale of the troubled NFL franchise.
“Dan and Tanya Snyder and the Washington Commanders announced today that they have hired BofA Securities to consider potential transactions,” according to a team statement.
“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.”
In recent years, the team has been the target of multiple investigations about its workplace culture, leading to calls for the Snyders to sell.
This is a developing story. Please refresh here for updates.
This article was originally published on NBCNews.com