• Loading stock data...
Sunday, July 14, 2024

Investigators Expanding Commanders Probe Into Team’s Finances

  • Congressional investigators received information in recent weeks about alleged financial irregularities.
  • The House Oversight Committee's investigation began as a probe on the team's workplace culture.
Commanders Oversight
Geoff Burke-USA TODAY Sports/Design: Alex Brooks

A Congressional committee is expanding the scope of its investigation into the Washington Commanders to include whether the team and owner Dan Snyder used “two books” of financial information that paint different pictures of the team’s fiscal situation, sources with knowledge of the investigation told Front Office Sports.

At least one person familiar with the team’s financial health was already interviewed by House Oversight Committee investigators, and the committee is primed to use its subpoena power, FOS has learned through a series of interviews.

Investigators have expanded a probe that started in October amid numerous claims the team fostered a hostile work environment. Among the information committee investigators have either received or are currently seeking: 

  • The debt load Snyder has undertaken could be impacting the team’s finances. Snyder received a debt waiver from the league’s owners at the NFL’s annual meeting a year ago in order to finance a large chunk of the nearly $1 billion used to purchase the 40% of the franchise he didn’t already own.
  • The committee is seeking interviews and documents related to allegations that the Commanders used deceptive accounting practices.
  • Investigators also received allegations of pay disparity between male and female employees, including bonuses.

Commanders Deny Wrongdoing

“The team categorically denies any suggestion of financial impropriety of any kind at any time,” the Commanders said in a statement Thursday. 

A House Oversight Committee spokesperson in a statement to FOS that it “will follow the facts wherever they may lead.”

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Jan 7, 2024; Nashville, Tennessee, USA; Jacksonville Jaguars wide receiver Calvin Ridley (0) reacts after scoring a touchdown against the Tennessee Titans during the first half at Nissan Stadium.

Without Hard-Line Bans, Pro Athletes and Personnel Will Keep Betting on Sports

Penalties often aren’t stringent or consistent enough to deter banned behavior.
Jul 11, 2024; London, United Kingdom; Barbora Krejcikova (CZE) celebrates after match point against Elena Rybakina (KAZ)(not pictured) in a ladies' singles semifinal of The Championships Wimbledon 2024 at The All England Lawn Tennis Club.

Krejčíková Wins Wimbledon and $3.45 Million First-Place Prize

This year’s tournament had a record purse of $64 million.
Oct 2, 2021; Miami Gardens, FL, USA; NFL commissioner Roger Goddell speaks during the Don Shula Celebration of Life at Hard Rock Stadium.

The NFL Is Confident It Can Overturn the Sunday Ticket Verdict

The league may have good reason to believe it can win.
podcast thumbnail mobile
Front Office Sports Today

Warner Bros. Discovery Faces Final Decision on NBA Rights

0:00

Featured Today

NFLPA Report Cards Have Become the ‘Talk of the Locker Room’ Across..

NFLPA report cards have become the ‘talk of the locker room.’
July 7, 2024

The New College Sports Insiders Are Graphic Designers

Joe Tipton and Hayes Fawcett have become premier news-breakers on social media.
Oct 27, 2023; Sacramento, California, USA; A general of the Sacramento Kings logo on the court before the game against the Golden State Warriors at Golden 1 Center.
July 6, 2024

How Sports Went From Private Equity Punchline to Coveted Asset Class

Once an industry punchline, sports are now a coveted asset class.
July 2, 2024

Willie Mays’s Humility Was Key to His Genius

Mays took heat from all sides, and handled it his own way.
Jun 23, 2024; Pittsburgh, Pennsylvania, USA; Pittsburgh Pirates starting pitcher Paul Skenes (right) reacts as he talks with pitcher Jared Jones (left) after the seventh inning against the Tampa Bay Rays at PNC Park.

The Pirates Are Facing Political Pressure to Play Better

Pennsylvania state representatives call on the MLB club to boost its payroll.
July 12, 2024

Oakland Minor League Baseball Team Experimenting With Fan Ownership

The Ballers say more than 1,000 people have registered interest.
Apr 12, 2024; Sacramento, California, USA; Phoenix Suns guard Grayson Allen (8) and guard Devin Booker (1) and guard Bradley Beal (3) and forward Royce O'Neale (00) and forward Kevin Durant (35) huddle up before the final seconds of the fourth quarter at Golden 1 Center.
July 12, 2024

The Suns Have Entered the NBA’s Uncharted, Punitive Territory

The NBA’s first $400 million team between payroll and projected luxury tax.
Sponsored

TopSpin 2K25 Brings the Legends of Tennis to Your Living Room

2K sports is reviving a classic with TopSpin 2K25.
Oct 5, 2023; Landover, Maryland, USA; Washington Commanders owner Josh Harris with fans before the game against the Chicago Bears at FedExField.
July 11, 2024

Parts of the Commanders’ Past Finding Their Way Into Harris Era

The team is developing plans to honor former logo designer next season.
Jul 1, 2024; Kansas City, Missouri, USA; United States head coach Gregg Berhalter talks with midfielder Weston McKennie (8) during the second half of a Copa America match against Uruguay at Arrowhead Stadium.
July 11, 2024

U.S. Soccer May Go Big-Game Hunting for Its Next Men’s Head Coach

Gregg Berhalter was officially fired Wednesday.
July 10, 2024

Man United Faces Financial Struggles After Worst Premier League Season

The Premier League club sees its losses soar and revenues fall amid ongoing on-field issues.
July 9, 2024

Missouri Steps Up Efforts to Keep Chiefs, Royals From Moving to Kansas

Missouri Gov. Mike Parson is getting personally involved in efforts to retain the two local pro teams.