Bank of America ‘poised’ to move forward with Dan Snyder Commanders sale process

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Bank of America ‘poised’ to move forward with Dan Snyder Commanders sale process
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Further steps are being taken for Dan Snyder to sell the Commanders.

that the bank is “poised to send what amounts to a prospectus for the team to qualified potential buyers who agree to the confidentiality provisions.”

Although these documents are not likely to include the distinction as to whether Snyder plans to sell his controlling stake in the team or minority ownership, the report cites four sources who “believe a full sale is the most likely outcome.” This past August, the value of the Commanders was estimated at $5.6 billion by Forbes; the Broncos sold for a record $4.65 billion earlier this year to Rob Walton, an heir to the Walmart fortune. Among potential bidders for the franchise are a

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