Dan Snyder paid $800 million to acquire both the Washington Redskins and FedEx Field, which was known at the time as Jack Kent Cooke Stadium.
Snyder purchased the team from the estate of the late Jack Kent Cooke, who was the previous owner.
Dany Snyder made his money in the 1990s, when he founded and grew a successful communications firm. It was eventually purchased by Havas, a French advertising conglomerate, in an all-stock deal that was valued at more than $2 billion.
Snyder has been pressured to sell the team for years, following a series of public scandals in the 2010s and 2020s.