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-   -   Rumors circulating about Jeff Bezos buying the team (http://www.thewarpath.net/showthread.php?t=65154)

EdmundDorf 02-27-2023 03:14 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
I sort of think that they decided to sell when Tanya got booed at one the games or events. Seems like the timing fits. Can you imagine the backlash if after dangling the prospect of a sale Dan then backs out. Mob would burn Fedex to the ground, which lets face it wouldn't be a bad outcome. Still think he is selling though, other things have been put in motion. House sale, move to London etc.

calia 02-27-2023 07:51 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=EdmundDorf;1338590]I sort of think that they decided to sell when Tanya got booed at one the games or events. Seems like the timing fits. Can you imagine the backlash if after dangling the prospect of a sale Dan then backs out. Mob would burn Fedex to the ground, which lets face it wouldn't be a bad outcome. Still think he is selling though, other things have been put in motion. House sale, move to London etc.[/quote]

If that's true, we should have booed her ages ago. All joking aside, it just has to get done.

mooby 02-27-2023 08:49 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[url]https://www.msn.com/en-us/sports/nfl/report-commanders-owner-dan-snyder-wants-legal-protection-if-he-sells-team/ar-AA1813p7?ocid=hpmsn&cvid=8594b24cbd4f4462a8195af9f69ebc02[/url]

This is interesting, gotta wonder how many more skeletons might lie undiscovered in Danny's closet if he wants immunity from any liability haha.

GridIron26 02-28-2023 08:10 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
It feels like every time there is a new report regarding Snyder, the more bad he looks.. It's kinda unbelievable how NFL owners are allowing those stuff to happen.

[url]https://www.espn.com/nfl/story/_/id/35726691/former-partners-say-dan-snyder-used-team-fund-lifestyle-took-improper-loan-their-approval[/url]

mredskins 02-28-2023 08:28 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=GridIron26;1338640]It feels like every time there is a new report regarding Snyder, the more bad he looks.. It's kinda unbelievable how NFL owners are allowing those stuff to happen.

[url]https://www.espn.com/nfl/story/_/id/35726691/former-partners-say-dan-snyder-used-team-fund-lifestyle-took-improper-loan-their-approval[/url][/quote]

This whole thing is a ticking time bomb that is going to bring up a lot of dirt not just on DS but the NFL as well.

KI Skins Fan 02-28-2023 10:03 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
[B]“Never wrestle with a pig because you'll both get dirty and the pig likes it."[/B] - George Bernard Shaw

The NFL owners have been playing the game Snyder's way for too long. They should simply inform him through back channels that he'd better get the sale done and take his money to the bank prior to the upcoming owners meeting or he will be voted out in that meeting. I feel that the owners already have all the damning evidence against him they need from the first report to crush him if they want to do so. I think the NFL may have suppressed that report in order to give Snyder a chance to get out the easy way and spare the remaining owners any more problems.

BaltimoreSkins 02-28-2023 11:21 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
Fun fact about Bezos. It was my idea first to open a bookstore, then sell everything to the entire planet and finally put Captain Kirk in space but he stole it from me.

EdmundDorf 02-28-2023 11:48 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
Interesting information coming out.....

[quote]Kevin Sheehan on Twitter

(1 of 3) A few takeaways from Van Natta story.

1. Snyder has to sell. Can’t afford to keep it. Other reasons too but plan the parade.

2. Snyder/team have really been struggling financially compared to other teams. Cash flow a major problem. Has affected football decisions.[/quote]

sdskinsfan2001 02-28-2023 11:52 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=calia;1338626]If that's true, we should have booed her ages ago. All joking aside, it just has to get done.[/quote]

Totally read this as "...should have boned her ages ago." the 1st time reading it LOL. I was like wow Calia, way to ramp it up a notch.

Ruhskins 02-28-2023 12:03 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=EdmundDorf;1338654]Interesting information coming out.....

Quote:
Kevin Sheehan on Twitter

(1 of 3) A few takeaways from Van Natta story.

1. Snyder has to sell. Can’t afford to keep it. Other reasons too but plan the parade.

2. Snyder/team have really been struggling financially compared to other teams. Cash flow a major problem. Has affected football decisions.


[/quote]

There's no way Snyder can keep the team. He's in debt from buying out the minority owners, He can't afford nor will he get any money for a stadium, and knows the NFL owners will force him out (at the very least, the NFL can release the Wilkinson report).

Without Bezos and with all these clouds hanging over him, he's not going get the price he wants. He just needs to suck it up, sell the team, and go live abroad.

Giantone 03-01-2023 05:50 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
USA TODAY Sports
[B]What we know: Making sense of the latest bombshell reports on Commanders owner Daniel Snyder[/B]

[url]https://www.yahoo.com/sports/know-making-sense-latest-bombshell-164220616.html[/url]

Two reports in a span of about 12 hours have shed new light on the messy dispute between Washington Commanders owner Daniel Snyder and his former minority partners, as well as the potential legal fight that could follow his sale of the team.

When taken together, these two reports paint Snyder as facing – and, in some instances, starting – battles on multiple fronts. He is reportedly drawing scrutiny from a league investigator and federal prosecutors, anger from NFL owners and very serious accusations from his former partners – all while soliciting bids for what would be a multi billion-dollar sale of the team he's owned since 1999.

The reports also raise questions about the NFL's role, both in managing Snyder and declining to investigate the allegations brought forward by the minority partners. And they suggest that the next few months, if not years, could get messy – should Snyder continue to deny and fight the allegations levied against him.

Schneed10 03-01-2023 10:08 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=EdmundDorf;1338590]I sort of think that they decided to sell when Tanya got booed at one the games or events. Seems like the timing fits. Can you imagine the backlash if after dangling the prospect of a sale Dan then backs out. Mob would burn Fedex to the ground, which lets face it wouldn't be a bad outcome. Still think he is selling though, other things have been put in motion. House sale, move to London etc.[/quote]

That's just a coincidence. The financial investigation was announced on the morning of Nov 2nd. The team announced later that day that it was hiring Bank of America to explore a sale. It's all tied together.

- he has no cash flow to support his lavish lifestyle

- so he took a $55M loan without his partners' consent, which is against the by-laws

- he committed bank fraud by representing to the bank that he had that consent and secured the $55M loan

- the information alleged that Dan has been inappropriately taking money from the team, a claim to which the minority owners all waived their rights to when they sold their stake. But the other NFL owners won't take kindly to this either. You can make the shield look bad but if you start doing untrustworthy things with money they'll look at you as a risk.

- With the information coming to light, the other owners all know how cash-poor Snyder is, which means they know he has no shot of securing a stadium, which they all want because of the revenue boost and valuation boost it represents for the whole league. Ergo, Snyder becomes even more useless to the other owners when it comes to contributing to the future bottom line of the NFL.

So even if Snyder didn't have to sell because he can't meet his debt payments, the other owners will force him out because he's a liability and useless with respect to growing the business.

Has nothing to do with how Tanya is received, Dan only cares about money. He has none, he's in a billion worth of debt, and he has no prospects to help the NFL advance itself. He's both useless and a problem. He's good as gone.

sdskinsfan2001 03-01-2023 10:15 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=Schneed10;1338714]That's just a coincidence. The financial investigation was announced on the morning of Nov 2nd. The team announced later that day that it was hiring Bank of America to explore a sale. It's all tied together.

- he has no cash flow to support his lavish lifestyle

- so he took a $55M loan without his partners' consent, which is against the by-laws

- he committed bank fraud by representing to the bank that he had that consent and secured the $55M loan

- the information alleged that Dan has been inappropriately taking money from the team, a claim to which the minority owners all waived their rights to when they sold their stake. But the other NFL owners won't take kindly to this either. You can make the shield look bad but if you start doing untrustworthy things with money they'll look at you as a risk.

- With the information coming to light, the other owners all know how cash-poor Snyder is, which means they know he has no shot of securing a stadium, which they all want because of the revenue boost and valuation boost it represents for the whole league. Ergo, Snyder becomes even more useless to the other owners when it comes to contributing to the future bottom line of the NFL.

So even if Snyder didn't have to sell because he can't meet his debt payments, the other owners will force him out because he's a liability and useless with respect to growing the business.

Has nothing to do with how Tanya is received, Dan only cares about money. He has none, he's in a billion worth of debt, and he has no prospects to help the NFL advance itself. He's both useless and a problem. He's good as gone.[/quote]

[IMG]https://thumbs.gfycat.com/AthleticMeatyHeifer-size_restricted.gif[/IMG]

MTK 03-01-2023 10:22 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
Really sad to think about this... the cash flow problem is very well what could have led to us cheaping out on the re-brand and not pursing every possible legal avenue on names like Warriors or Wolves.

Schneed10 03-01-2023 10:33 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=MTK;1338717]Really sad to think about this... the cash flow problem is very well what could have led to us cheaping out on the re-brand and not pursing every possible legal avenue on names like Warriors or Wolves.[/quote]

The NFL should really change its rules to allow for corporate ownership. They still require that families own 30% of the equity in the team. That was fine when valuations were $100M or even $500M, but when you're talking 30% of $5.8B or whatever, you're talking about what 100 people on Earth who could potentially make this work? Probably fewer.

We ended up with one who could make it work at a valuation of $875M, and he ended up being an asshole who didn't care about corporate governance, Mr. "What the F__ do I need a board meeting for?"

Other sports have eliminated that clause. The NFL would stand to benefit if corporate ownership were permitted. Say what you want about the downsides of that but boards are used to providing oversight and governance, and executives accountable to them are used to that relationship. Dan clearly never was.

And you're right, it had to have affected the branding, and I'm sure it has affected player acquisition decisions. Why was Carson Wentz so appealing? Because none of his contract was guaranteed, meaning Dan didn't have to take funds and sock it away in escrow, he didn't have to commit any cash up front. As long as he remains owner we won't offer any meaningful long term guarantees.

His cash flow problems are the primary reason we lost Kirk Cousins. Guaranteed.

MTK 03-01-2023 11:10 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=Schneed10;1338718]The NFL should really change its rules to allow for corporate ownership. They still require that families own 30% of the equity in the team. That was fine when valuations were $100M or even $500M, but when you're talking 30% of $5.8B or whatever, you're talking about what 100 people on Earth who could potentially make this work? Probably fewer.

We ended up with one who could make it work at a valuation of $875M, and he ended up being an asshole who didn't care about corporate governance, Mr. "What the F__ do I need a board meeting for?"

Other sports have eliminated that clause. The NFL would stand to benefit if corporate ownership were permitted. Say what you want about the downsides of that but boards are used to providing oversight and governance, and executives accountable to them are used to that relationship. Dan clearly never was.

And you're right, it had to have affected the branding, and I'm sure it has affected player acquisition decisions. Why was Carson Wentz so appealing? Because none of his contract was guaranteed, meaning Dan didn't have to take funds and sock it away in escrow, he didn't have to commit any cash up front. As long as he remains owner we won't offer any meaningful long term guarantees.

His cash flow problems are the primary reason we lost Kirk Cousins. Guaranteed.[/quote]

It's all fun and games until the money runs out.

It's just crazy the depths he's dragged this franchise to.

Fuck him.

Ruhskins 03-01-2023 11:12 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=Schneed10;1338718]The NFL should really change its rules to allow for corporate ownership. They still require that families own 30% of the equity in the team. That was fine when valuations were $100M or even $500M, but when you're talking 30% of $5.8B or whatever, you're talking about what 100 people on Earth who could potentially make this work? Probably fewer.

We ended up with one who could make it work at a valuation of $875M, and he ended up being an asshole who didn't care about corporate governance, Mr. "What the F__ do I need a board meeting for?"

Other sports have eliminated that clause. The NFL would stand to benefit if corporate ownership were permitted. Say what you want about the downsides of that but boards are used to providing oversight and governance, and executives accountable to them are used to that relationship. Dan clearly never was.

And you're right, it had to have affected the branding, and I'm sure it has affected player acquisition decisions. Why was Carson Wentz so appealing? Because none of his contract was guaranteed, meaning Dan didn't have to take funds and sock it away in escrow, he didn't have to commit any cash up front. As long as he remains owner we won't offer any meaningful long term guarantees.

His cash flow problems are the primary reason we lost Kirk Cousins. Guaranteed.[/quote]

This is why fans need to stop saying "well so and so team did this, why can't we?" It all boils down to have a shitty owner like Snyder.

MTK 03-01-2023 11:17 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
Does anyone still want to ask what if the new owner is worse?


[IMG]https://media.tenor.com/o5CbgYywhaoAAAAd/justin-timberlake-stare.gif[/IMG]

Giantone 03-01-2023 11:25 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=Schneed10;1338718]The NFL should really change its rules to allow for corporate ownership. They still require that families own 30% of the equity in the team. That was fine when valuations were $100M or even $500M, but when you're talking 30% of $5.8B or whatever, you're talking about what 100 people on Earth who could potentially make this work? Probably fewer.

We ended up with one who could make it work at a valuation of $875M, and he ended up being an asshole who didn't care about corporate governance, Mr. "What the F__ do I need a board meeting for?"

Other sports have eliminated that clause. The NFL would stand to benefit if corporate ownership were permitted. Say what you want about the downsides of that but boards are used to providing oversight and governance, and executives accountable to them are used to that relationship. Dan clearly never was.

And you're right, it had to have affected the branding, and I'm sure it has affected player acquisition decisions. Why was Carson Wentz so appealing? Because none of his contract was guaranteed, meaning Dan didn't have to take funds and sock it away in escrow, he didn't have to commit any cash up front. As long as he remains owner we won't offer any meaningful long term guarantees.

His cash flow problems are the primary reason we lost Kirk Cousins. Guaranteed.[/quote]
It can't, it would lose money in Sponsorship. Example Pepsi is the "Official soda of the NFL but Coke owns the Atlanta Falcons do they serve Coke or Pepsi might not be a good example but you see what I mean.

sdskinsfan2001 03-01-2023 11:33 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=MTK;1338723]Does anyone still want to ask what if the new owner is worse?[/quote]

I don't think it's even scientifically possible for someone to be worse.

[IMG]https://64.media.tumblr.com/2c764e7a70f2d8eec7a72cd5c44b1f00/tumblr_pe8yj3wJUb1tad247o2_r1_540.gif[/IMG]

mredskins 03-01-2023 11:44 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=MTK;1338723]Does anyone still want to ask what if the new owner is worse?


[IMG]https://media.tenor.com/o5CbgYywhaoAAAAd/justin-timberlake-stare.gif[/IMG][/quote]

DS is going to retire this saying: "deal with the devil you know..."

Giantone 03-01-2023 11:45 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=MTK;1338723]Does anyone still want to ask what if the new owner is worse?


[IMG]https://media.tenor.com/o5CbgYywhaoAAAAd/justin-timberlake-stare.gif[/IMG][/quote]

What I don't get is how the hell Goodell signed off on it without checking first with the minority owners?

BaltimoreSkins 03-01-2023 11:50 AM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=Giantone;1338724]It can't, it would lose money in Sponsorship. Example Pepsi is the "Official soda of the NFL but Coke owns the Atlanta Falcons do they serve Coke or Pepsi might not be a good example but you see what I mean.[/quote]

Other leagues do it

SolidSnake84 03-01-2023 12:28 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=Schneed10;1338718]The NFL should really change its rules to allow for corporate ownership. They still require that families own 30% of the equity in the team. That was fine when valuations were $100M or even $500M, but when you're talking 30% of $5.8B or whatever, you're talking about what 100 people on Earth who could potentially make this work? Probably fewer.

We ended up with one who could make it work at a valuation of $875M, and he ended up being an asshole who didn't care about corporate governance, Mr. "What the F__ do I need a board meeting for?"

Other sports have eliminated that clause. The NFL would stand to benefit if corporate ownership were permitted. Say what you want about the downsides of that but boards are used to providing oversight and governance, and executives accountable to them are used to that relationship. Dan clearly never was.

And you're right, it had to have affected the branding, and I'm sure it has affected player acquisition decisions. Why was Carson Wentz so appealing? Because none of his contract was guaranteed, meaning Dan didn't have to take funds and sock it away in escrow, he didn't have to commit any cash up front. As long as he remains owner we won't offer any meaningful long term guarantees.

His cash flow problems are the primary reason we lost Kirk Cousins. Guaranteed.[/quote]


I saw on some of the twitter threads last night that they are alleging the cash flow problems with the team is so severe that they may only be weeks / months away from checks, etc. bouncing.

How does something like that work? Does the NFL guarantee whatever you are supposed to be paid? Say you are Bob that works in the cafeteria and you find out that your paycheck / direct deposit bounced?

Can the team, etc., go bankrupt or does the NFL have provisions for that to protect everyone?

skinsfan69 03-01-2023 01:00 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
Snyder has a real solid chance at being a prison bitch. He would be claimed in minutes.

Chief X_Phackter 03-01-2023 01:13 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
Can you imagine having the privilege to own one of the greatest sports organizations of all time, and then completely squandering that opportunity, and failing to the extent that he has? It's nothing short of amazing.

Chief X_Phackter 03-01-2023 02:03 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
Two finalists?

Jeff Bezos and Josh Harris are the two finalists to buy the Washington Commanders; NFL owners will discuss Dan Snyder after new reports - Hogs Haven

[url]https://www.hogshaven.com/2023/3/1/23620447/jeff-bezos-josh-harris-finalists-buy-washington-commanders-nfl-owners-discuss-dan-snyder-new-reports[/url]

MTK 03-01-2023 02:55 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[URL="https://www.cbssports.com/nfl/news/daniel-snyder-allegedly-charged-commanders-4-5-million-to-put-team-logo-on-his-private-jet-per-report/"]Daniel Snyder allegedly charged Commanders $4.5 million to put team logo on his private jet, per report[/URL]

MTK 03-01-2023 03:02 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=Chief X_Phackter;1338742]Two finalists?

Jeff Bezos and Josh Harris are the two finalists to buy the Washington Commanders; NFL owners will discuss Dan Snyder after new reports - Hogs Haven

[url]https://www.hogshaven.com/2023/3/1/23620447/jeff-bezos-josh-harris-finalists-buy-washington-commanders-nfl-owners-discuss-dan-snyder-new-reports[/url][/quote]

If Bezos wants the team, it will happen.

Guaranteed.

EdmundDorf 03-01-2023 03:33 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote]
JP Finlay on Twitter

Commanders rank as NFL's worst in new NFLPA survey of players' working conditions. Full report here: nflpa.com/washington-com…

[/quote][LEFT][/LEFT]

Money so tight that food and travel/ hotels are worst in league apparently.

Reason why I want someone like Bezos to take over, someone who can afford to invest in facilities and stadium not some guy taking on huge loans just to buy the team

sdskinsfan2001 03-01-2023 03:40 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
Whatever Snyder does, he fucks up. Just an absolute scumbag in every sense of the word. Miserable little shithead.

MTK 03-01-2023 03:42 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=EdmundDorf;1338751][LEFT][/LEFT]

Money so tight that food and travel/ hotels are worst in league apparently.

Reason why I want someone like Bezos to take over, someone who can afford to invest in facilities and stadium not some guy taking on huge loans just to buy the team[/quote]

This franchise needs an enema

Are Jay 03-01-2023 03:53 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=MTK;1338754]This franchise needs an enema[/quote]

Immediately thought of 1989 Batman when I read this.

[IMG]http://https://y.yarn.co/8d8dff4e-f018-49fa-b130-28f83e2b6484_text.gif[/IMG]

MTK 03-01-2023 03:55 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=Are Jay;1338755]Immediately thought of 1989 Batman when I read this.

[IMG]http://https://y.yarn.co/8d8dff4e-f018-49fa-b130-28f83e2b6484_text.gif[/IMG][/quote]

haha good catch

[IMG]https://pbs.twimg.com/media/EyeqiX7XAAAhdnM.jpg[/IMG]

skinsfan69 03-01-2023 04:01 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
Snyder is under investigation for bank fraud. When I hear the words.. FBI, Feds, IRS.. I would be terrified. Snyder is in some real trouble if he in fact signed off in a 50 + million dollar loan and didn't also have the minority owners also sign it as well. He apparently did this behind their backs.

Giantone 03-01-2023 04:06 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
Have any of you seen this?

[url]https://nflpa.com/nfl-player-team-report-cards[/url]


click on the team to see the full grade and rankings.................

Schneed10 03-01-2023 04:41 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=MTK;1338754]This franchise needs an enema[/quote]

[YT]rHcmnowjfrQ[/YT]

Some say the end is near
Some say we'll see Armageddon soon
I certainly hope we will
I sure could use a vacation from this
Bullshit three-ring
Circus sideshow of
Freaks

No lyric has ever been more apt.

AnonEmouse 03-01-2023 05:25 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=Giantone;1338758]Have any of you seen this?

[url]https://nflpa.com/nfl-player-team-report-cards[/url]


click on the team to see the full grade and rankings.................[/quote]

As someone who deals with data that includes survey responses, it should be pointed out that the score should also state/reflect the response rate. I can't see it mentioned per team, but 1300 overall is c. 50% (assuming all players are NFLPA members, and all were surveyed). No way to determine the per team rate from what I can see, so that has to be considered.

However, anything in the region of 50% is a good and indicative result and its likely that the worst teams will have the highest response rate (more likely pissed off players, pissed off = more likely to complain). If so this looks really bad.

BaltimoreSkins 03-01-2023 05:34 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=Giantone;1338758]Have any of you seen this?

[url]https://nflpa.com/nfl-player-team-report-cards[/url]


click on the team to see the full grade and rankings.................[/quote]

Ranked #1 in strength coaches. Always make sure your players have their PEDs

nonniey 03-01-2023 07:47 PM

Re: Rumors circulating about Jeff Bezos buying the team
 
[quote=skinsfan69;1338757]Snyder is under investigation for bank fraud. When I hear the words.. FBI, Feds, IRS.. I would be terrified. Snyder is in some real trouble if he in fact signed off in a 50 + million dollar loan and didn't also have the minority owners also sign it as well. He apparently did this behind their backs.[/quote]

Fraud??? Wouldn't that be embezzlement?


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