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#Three Redskins minority owners trying to sell stakes in team

#Three Redskins minority owners trying to sell stakes in team

July 6, 2020 | 12:49am

Three Washington Redskins minority owners are looking to sell their stakes in the team because of issues with Daniel Snyder, according to the Washington Post.

Businessmen Robert Rothman, Dwight Schar and Frederick W. Smith, are trying to shed their approximately 40 percent combined piece of the Redskins because they’re “not happy being a partner” with Snyder, the team’s owner, according to the report. They have hired a search firm to look for prospective buyers.

Their decision comes with Snyder and the Redskins under increased pressure to change the team’s name with the country focused on human rights and social justice after the killing of George Floyd at the hands of police. The team is undergoing a “thorough review” of the name.

The Washington Post reported earlier Sunday that Snyder’s inner circle is shrinking and led to his top team advisers both working outside the sport.

“He goes through his Rolodex and calls random people until he gets an opinion he likes. And he follows it,” a former employee under Snyder for seven years told the outlet.

Source

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