²ÝÝ®´«Ã½

Dan Snyder looking to buy out Washington Football team’s minority partners

Dan Snyder is trying to buy out The Washington Football Team’s minority partners to get full control of the team.

Snyder would pay $875 million for the 40.5% owned by Dwight Schar, Robert Rothman and Frederick Smith, reports.

Snyder has requested a $450 million debt waiver so he would have the funding for the buyout.

The National Football League’s owners next week are expected to approve that waiver, according to the Times.

Once the owners approve the move, Snyder and his family would own 100% of the team.

Colleen Kelleher

Colleen Kelleher is an award-winning journalist who has been with ²ÝÝ®´«Ã½ since 1996. Kelleher joined ²ÝÝ®´«Ã½ as the afternoon radio writer and night and weekend editor and made the move to ²ÝÝ®´«Ã½.com in 2001. Now she works early mornings as the site's Senior Digital Editor.

Federal ²ÝÝ®´«Ã½ Network Logo
Log in to your ²ÝÝ®´«Ã½ account for notifications and alerts customized for you.