NFL: Daniel Snyder's future as owner - Team is about to be put for sale?

[These Are The Days]

Dude no. f*** Jeff Bezos.

 

[EpochLink]

Whoever the new owner is, the powers that be in the DMV area will be willing to give them the land to build a new stadium.

They will not give another ounce to Snyder for another stadium deal.

 

[DanielPlainview]

He should sell to Trump lmao

 

[Troy McClure]

He should sell to Trump lmao

He doesn't have anywhere near enough money to buy an NFL team.

 

[DanielPlainview]

You think these guy buy cash lol

 

[Troy McClure]

You think these guy buy cash lol

I think you have no idea how a team is purchased.

 

[Hasbro]

I think you have no idea how a team is purchased.

Yap Island Stone Coins?

 

[DanielPlainview]

I think you have no idea how a team is purchased.

Yes it’s me, not the one saying a guy worth over $3b couldn’t buy a controlling stake in an NFL team lol

 

[Troy McClure]

Yes it’s me, not the one saying a guy worth over $3b couldn’t buy a controlling stake in an NFL team lol

The Commanders are expected to sell for over $5 billion, so yes, I am saying exactly that. No dude worth $3 billion is buying an NFL team.

And then the buyer would need to also be able to help finance another billion for a new stadium. Trump isn't that guy. There's a reason why the names being talked about as buyers are far wealthier than Trump.

 

[DanielPlainview]

The Commanders are expected to sell for over $5 billion, so yes, I am saying exactly that. No dude worth $3 billion is buying an NFL team.

And then the buyer would need to also be able to help finance another billion for a new stadium. Trump isn't that guy. There's a reason why the names being talked about as buyers are far wealthier than Trump.

You’re absolutely talking out of your ass lol Trump wouldn’t need $5b cash in hand to buy 51% of the team, and he certainly wouldn’t use his own money to do it

 

[Hasbro]

You’re absolutely talking out of your ass lol Trump wouldn’t need $5b cash in hand to buy 51% of the team, and he certainly wouldn’t use his own money to do it

The NFL does require a certain asset to debt ratio and his net worth is not necessarily liquid.

 

[DanielPlainview]

The NFL does require a certain asset to debt ratio and his net worth is not necessarily liquid.

Word salad

 

[Troy McClure]

The NFL does require a certain asset to debt ratio and his net worth is not necessarily liquid.

Exactly. Trump is not the right kind of rich. He’s not sitting on a pile of cash or other liquid investments. He owns a bunch of real estate and has a bunch of licensing deals to put his name on other real estate. And again, this purchase isn’t just a commitment to buy the team but to finance another billion for a new stadium.

The Commanders are one of the most valuable franchises in the NFL. The league isn’t handing that over to someone who wouldn‘t even make the top half of richest owners. I also don’t buy that this is a sale for only 51%.

 

[DanielPlainview]

Liquidity is irrelevant it’s all about wealth which these guys borrow against lol

 

[keonsbitterness]

Trump finished 3rd in the auction to buy the Bills after Ralph Wilson passed. Washington is way out of his league.

 

[Big Poppa Puck]

The owners would never approve Trump as a buyer anyway, even if a bunch are friends/supporters of his because the the backlash would be loud and enormous from the people who hate him/his politics. When he tried to buy the Bills he wasn't a political figure yet.

Even throwing politics aside, he's too much of a lightning rod.

 

[Hasbro]

Liquidity is irrelevant it’s all about wealth which these guys borrow against lol

Except the league caps how much debt can be used in the purchase.

Anyway, good luck to a Trump owned team signing free agents.

 

[Troy McClure]

Liquidity is irrelevant it’s all about wealth which these guys borrow against lol

And Trump can't borrow $6 billion.

 

[Troy McClure]

Except the league caps how much debt can be used in the purchase.

Anyway, good luck to a Trump owned team signing free agents.

Here is the relevant rule that eliminates Trump for financial reasons.

The league now allows up to $1 billion in debt for a team acquisition, up from $500 million, but a new owner must meet certain terms and stipulations in order to be offered a higher ceiling.

The 32: What Does It Take to Become an NFL Owner?

There may not be a greater luxury for a football fan than owning an NFL franchise. For some controlling owners, an NFL team is just another asset in a vast portfolio. But for other owners, it’s a f…

www.sportico.com

Not to mention “And of course, there’s an extensive background check, so no skeletons can be left in the closet.” The NFL isn’t about to allow a new owner who is likely to be charged with felonies related to stealing classified records.

 

[Hasbro]

Here is the relevant rule that eliminates Trump for financial reasons.

The 32: What Does It Take to Become an NFL Owner?

There may not be a greater luxury for a football fan than owning an NFL franchise. For some controlling owners, an NFL team is just another asset in a vast portfolio. But for other owners, it’s a f…

www.sportico.com

Not to mention “And of course, there’s an extensive background check, so no skeletons can be left in the closet.” The NFL isn’t about to allow a new owner who is likely to be charged with felonies related to stealing classified records.

I wonder how the NFL would feel about an LVI franchise.

 

[DanielPlainview]

And Trump can't borrow $6 billion.

He wouldn't have to, a controlling stake in the team would be about $2b

 

[Troy McClure]

He wouldn't have to, a controlling stake in the team would be about $2b

The team is expected to sell for $5 to $7 billion. Your $2 billion number isn't getting you in the door.

 

[StreetHawk]

The team is expected to sell for $5 to $7 billion. Your $2 billion number isn't getting you in the door.

Plus he would have to be approved by 3/4 of the other owners. Is that likely to happen?

 

[Hasbro]

Plus he would have to be approved by 3/4 of the other owners. Is that likely to happen?

After all the years of bullshit with Snyder, I’m sure the cartel is dying to bring in a guy with the distinction of running an entire football league out of business.

 

[DanielPlainview]

The team is expected to sell for $5 to $7 billion. Your $2 billion number isn't getting you in the door.

Only if Bezos and Musk get into a bidding war. It's only worth $3.5b