When Daniel Snyder bought the Washington Redskins in 1999, he acquired one of the country’s most valuable sports franchises. Snyder purchased Washington for $800 million and inherited a playoff team in his first season as owner. At the time of his purchase, it was the most anyone had ever paid for an American sports franchise at that time.
In addition to owning a playoff team in his first season, Snyder also inherited a stadium [FedEx Field] that was only two years old.
