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Dan Snyder - what lead him to finally sell

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Old 07-22-2023, 08:58 AM   #2
mooby
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Re: Dan Snyder - what lead him to finally sell

I'm gonna take a wild guess here and say it was money.

The offering price was 6 billion, which is 5.2 billion more than what he paid. He was losing sponsors, I'm guessing internal revenue from merch sales was way down (very small factor bc he gets way more revenue from the NFL tv arrangement/s), nobody wanted to work with him on a stadium deal, oh yeah and he had like 6? playoff seasons in 24 years. He also had Congress breathing down his back about the scandals.

So it was probably a bunch of different factors, but in the end I'd say the whole "6 billion dollars to fuck off forever" was the biggest.
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