Snyder Camp Upset!!

[skinsguy]

[quote=Longtimefan;781828]

Originally Posted by skinsguy

Like other business "gurus," Snyder operates the Redskins under the mistaken assumption that success is something that can be bought. As far as I can tell, the Snyder Doctrine is some bizarre concoction of liberal amounts of reactionary decision-making, a strong concentration on the short term, and a heavy supply of poorly structured incentives. His favorite answer to solving complex problems is simply to throw more money at them.

Investors who have been around the block once or twice should start to see a few problems developing here.

To me, Dan Snyder is precisely the type of guy Benjamin Graham had in mind when he said "Wall Street people learn nothing and forget everything."

Back in the first few years of his tenure, I would wholeheartedly agree with you. But, I'm not so sure that is the case. The thing you have to know for sure is, from a purely business point of view, is Daniel Snyder losing money? If the answer is yes, then his investors might be getting worried. If the answer is no, then what does it matter in regards to the product? What does it matter if he's making money solely based on the name? He's making money, so his business is thriving. Now, from the football standpoint, he's been a failure. But let's take a look at what he's tried to do:


He fired a general manager who had been with the team (not as the general manager mind you) since the late 70's and helped build the 1991 Super Bowl team. Brought in Vinny Cerrato. He tried to buy a Championship in 2000, bringing in all of these over-the-hill big name stars and got nowhere with that. He brought in a hard-nosed coach who started off 0-5, but ended at 8-8 and fired him after one season. Brought in a college coach who obviously was not willing to put in the hours needed to be successful in the NFL.

OK, second half of his tenure: Brought back Joe Gibbs, beloved coach of the glory years who had some success during his four years here. Fired Vinny Cerrato - who probably should be blamed for making Zorn head coach, but someone the fans disliked as a "GM". Hired Bruce Allen - his family has a legacy in Washington, which led to hiring a two time Super Bowl winning coach with Mike Shanahan.

From there, I see a man who at least on paper looks as if he's turned the corner and trying to be smarter with what is most important with an NFL franchise, and that's winning football games and championships. Remains to be seen if this works, but I can't fault the guy on too much since Gibbs II.