More specifics about the nature of the federal investigation into the Commanders and owner Dan Snyder have emerged, according to a Tuesday report from ESPN’s Don Van Natta Jr.
According to Van Natta, federal prosecutors are looking into a confidential $55 million loan made to the team “without the knowledge and required approval of Snyder’s minority partners.”
It would be a criminal violation of Washington’s shareholder agreement—an issue that was raised both during a league arbitration and after Snyder hired Bank of America to explore selling the team in November 2022.
