By Dan Justin
WFT owner Daniel Snyder has run the franchise into the ground since he bought the then-Redskins in 1999.
So badly has he run the team that his minority partners want out.
Now the New York Times is reporting the details of this embarrassing fight:
According to three people familiar with the plan who were not authorized to speak publicly about it, Snyder would pay up to $900 million for the 40 percent of the club owned by the three partners: Frederick W. Smith, the chairman of FedEx; the financier Robert Rothman; and Dwight Schar, a real estate developer. The deal must be approved by the league.
Representatives for Snyder and the partners’ banker declined to comment on the talks. The NFL did not respond to a request seeking comment.
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