Thaiphoon Posted October 20, 2022 Share Posted October 20, 2022 10 minutes ago, Troublez said: @e16bball if the 24 majority vote to remove an owner is in the bylaws of the NFL (with cause or maybe with none), does Dan have any footing to fight an oust as long as he receives fair compensation? Didn't he agree to that as being a party to the Association (or League)? I won't begin to know as much as @e16bballabout the law (or about the owner's business arrangement) but I can see an avenue where Snyder could drag this out. I don't have the current valuation of the team in front of me. But let's say it's valued at $4B. Think about when people sell their homes because of divorce. The buyers who know this will underbid because they know the sellers are motivated to get rid of it. In this sense, a forced sale would cause incoming buyers to not bid as much as if Snyder decided to sell the team of his own accord. The buyers know Snyder has to sell. So let's say the buyers coming in with a $3.7B offer that the other owners agree to (I think IIRC that the other owners must also approve the sale price - at least they did when Snyder originally bought it). So Snyder can tie the league up in court seeking that extra $300M that the other 31 owners "cost him" as a result of the forced sale. Not sure it's a smart or effective tactic, but I guarantee he has enough lawyers and $ to tie it up. And assuming he CAN do that, would the other 31 owners pony up $10M each (I assume it would come out of the NFL corporate funds as IIRC that entity also has some deep pockets) to just get rid of the guy? He could also tie them up in in what I call "process suits" => so if they do vote him out, they had better follow all of their bylaws and established processes/precedents to a "T". Otherwise, little Danny will have them in court because they improperly voted him out. 2 Quote Link to comment Share on other sites More sharing options...
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