Dan Snyder reportedly receiving bids "well north" of $7 billion for Washington Commanders

Washington Commanders owner Dan Snyder has surprisingly complied with the wishes of the rest of the NFL owners and commissioner Roger Goodell. Snyder has been involved in the process of eventually selling his franchise. The first round of bids that are trying to purchase the franchise are due tomorrow, December 23rd. Per Mike Ozanian of Forbes Magazine, Snyder has received bids “well north” of $7 billion. Keep in mind, the Denver Broncos recently sold for an NFL record $4.6 billion.

If Snyder sells the entire franchise for that price, it would be an insane profit. In May of 1999, he purchased the Washington Commanders, along with Jack Kent Cooke Stadium for $800 million. That’s an 8.75 % profit on his investment, which is pretty ridiculous, considering the amount of money he put into it. Not only that, if it was possible to try and sink the value of the franchise, Snyder tried his best and did so for nearly a quarter of a century. The franchise has been plagued by scandal after scandal over the years. Washington’s home fans routinely leave plenty of seats open for opposing fan bases in their own stadium. Yet the value of the franchise still managed to skyrocket. Professional football is king in America and the value of the Broncos and Commanders’ franchises only further drives that point home.

Snyder has been a black eye for the National Football League for quite some time. It’s been one scandal after another, and the man has shown complete disregard for a number of very serious rules, laws, and regulations. It’s surprising that he has actually decided to sell the team without a fight, to be honest.

In October, he even threatened to have dirt on many people across the National Football League. Per a report by ESPN, Synder believed he has collected plenty of dirt on names across NFL front offices through the use of private investigators from his law firms. It’s a tactic that the article said Snyder does when he’s ‘cornered’ but, nonetheless, he believed the information would be able to “blow up” several NFL owners, the league office, and even commissioner Roger Goodell.

The NFL will be better off without him, if he does indeed sell the whole franchise. He’s been one of the biggest embarrassments in the history of pro sports, both for his on-the-field record and off-the-field record.

On3’s Sam Gillenwater also contributed to this article.