Washington Commanders owners are exploring a potential sale of the NFL team

The NFL’s Washington Commanders could soon be for sale, after owners Dan and Tanya Snyder said they have hired Bank of America Securities to “consider potential transactions.”

The team announced the surprising decision Wednesday to enlist the investment bank’s services. Asked if the Snyders were considering selling part or all of the team, a spokesperson said, “We are exploring all options.”

The Commanders are worth an estimated $5.6 billion, according to Forbes. That ranks sixth among the league’s 32 teams.

The team said in a 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.”

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News Source – NPR.ORG

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