Snyder denies media leaks as Washington ownership fight spills into open court
Liz Clarke, The Washington Post
Jan. 7, 2021
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Washington Football Team majority owner Daniel Snyder, left, talks with minority owners Dwight Schar and Robert Rothman before a game.Washington Post photo by John McDonnell
A federal judge on Thursday admonished Washington Football Team owner Daniel Snyder and his three limited partners for the scorched earth tactics that have marked their months long dispute over the minority owners attempts to sell their shares of the team.
With Snyder and his partners appearing on video, Judge Peter Messitte of the Maryland District also warned the four men that continued disparagement of one another through media leaks, in violation of his Nov. 19 court order, would result in sanctions from the court and could jeopardize the minority partners efforts to sell their collective 40% stake.
Attorneys for Snyder and the three minority owners did not immediately reply to requests for comment from USA TODAY Sports on the ongoing litigation. Joe Reeder, an attorney representing Moag, declined comment. NFL spokesperson Brian McCarthy also declined comment.
While it has since become a forum for eye-catching accusations, the lawsuit filed by Rothman, Smith and Schar started with a relatively straightforward goal: To push forward a sale of their stake in the Washington Football Team.
The three minority partners – who together own 40.499% of the club, according to court filings – are seeking to jointly sell their stake to a group of outside buyers, whom The Washington Post identified as California billionaires Behdad Eghbali and José Feliciano, as well as Feliciano s wife, Kwanza Jones. The reported price is $900 million.
Dan Snyder in talks to buy out minority partners amid legal battle: report Follow Us
Question of the Day FILE - In this Thursday, Jan. 2, 2020, file photo, Washington Redskins owner Dan Snyder listens to head coach Ron Rivera during a news conference at the team’s NFL football training facility, in Ashburn, Va. A person familiar with the . more > By Matthew Paras - The Washington Times - Sunday, December 20, 2020
Washington owner Dan Snyder is reportedly in talks to buy out his three minority partners as the two parties are entangled in a heated legal battle.
According to the New York Times, Snyder could buy back the 40% stake that the three partners Dwight Schar, Robert Rothman and Fred Smith are actively looking to sell.