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Mary Jo White

All articles tagged with #mary jo white

sports2 years ago

Mary Jo White's Report: Blueprint for Potential Criminal Prosecution of Dan Snyder

Mary Jo White's report on the Washington Commanders' financial manipulation provides a potential blueprint for state or federal prosecution of owner Daniel Snyder. The report found that the team intentionally manipulated financial records to minimize revenue sharing with other NFL teams, violating league rules. The report contains numerous references to the deliberate underreporting of shareable revenue and the creation of a second set of books. Snyder's involvement and knowledge of these schemes were also highlighted. The report suggests that Snyder could face legal complications beyond the $60 million fine imposed by the NFL, with potential criminal charges under Maryland, Virginia, or federal law. The report provides a clear case for aggressive prosecution, potentially uncovering at least $11 million and possibly up to $44 million in fraud.

via NBC Sports|
#commanders#daniel-snyder#financial-manipulation
sports2 years ago

"Rep. Jamie Raskin Calls for Transparency in NFL's Mary Jo White Investigation of Commanders"

Representative Jamie Raskin has urged the NFL to fulfill its promise of disclosing the outcome of attorney Mary Jo White's investigation into allegations of sexual misconduct and financial malfeasance against Washington Commanders owner Daniel Snyder. Raskin emphasized the importance of transparency and accountability, especially in light of the impending sale of the franchise. There are concerns that the report may be sanitized and whitewashed if Snyder sells the team, leading to inconclusive findings regarding the allegations. The NFL plans to meet on July 20 to consider the approval of the team's sale.

via NBC Sports|
#jamie-raskin#mary-jo-white#nfl
sports2 years ago

"Rep. Jamie Raskin Calls for NFL Transparency on Mary Jo White's Commanders Investigation"

Representative Jamie Raskin, the ranking Democrat on the House Committee on Oversight and Accountability, has urged the NFL to release the findings of attorney Mary Jo White's investigation into the Washington Commanders and their owner, Daniel Snyder. Raskin emphasized the league's commitment to transparency and called for appropriate disciplinary action if warranted. The NFL has previously stated its intention to release the report, even if Snyder sells the team. The league's finance committee is expected to recommend approval of the Commanders' sale to Josh Harris. Raskin's letter comes as the sale of the franchise approaches, and he urges the NFL to honor its commitment to transparency and accountability.

via The Washington Post|
#daniel-snyder#jamie-raskin#mary-jo-white
sports2 years ago

Dan Snyder's Delay Tactics on Team Sale Linked to Mary Jo White Report Release

Dan Snyder and his lawyers are reportedly trying to prevent the release of Mary Jo White’s investigation into the Washington Commanders’ organization and Snyder’s alleged improprieties, which is the main remaining issue in the NFL’s approval of the team sale to an investor group led by Josh Harris for $6.05B. Snyder has refused to be interviewed by White and her team, and his support among fellow owners has dwindled to zero. Snyder's only leverage is to threaten his fellow owners that he won’t sell the team unless the White report is “killed,” an option he doesn’t have.

via Hogs Haven|
#dan-snyder#mary-jo-white#nfl
sports2 years ago

Dan Snyder Attempts to Limit Release of Investigation Report on Washington Football Team.

Dan Snyder, owner of the Washington Commanders, is seeking to limit the release of attorney Mary Jo White's report into sexual misconduct allegations and financial improprieties against him. The contents of White's report are among the final major stumbling blocks to a sale of the team for $6.05 billion. Snyder's main leverage is time, to try to drag out the process. White has told lawyers and witnesses involved in the case that she expects her entire report to be made public, not just her findings.

via ESPN|
#dan-snyder#mary-jo-white#nfl
sports2 years ago

NFL to Release Commanders Investigation Report Regardless of Snyder's Sale, Goodell Confirms

NFL commissioner Roger Goodell confirmed that the league will release a written report of findings from its ongoing investigation into the Washington Commanders' alleged workplace misconduct, regardless of who owns the franchise. Goodell also confirmed that a sale of the Commanders will not impact that commitment. Two potential ownership groups have emerged, with both submitting formal bids meeting Snyder's $6 billion asking price. The league's investigation is being led by former U.S. Securities and Exchange Commission chair Mary Jo White and has stretched more than 13 months and counting.

via Yahoo Sports|
#dan-snyder#mary-jo-white#nfl
sports2 years ago

"Goodell Confirms Public Release of Commanders Investigation Report, Regardless of Snyder's Sale"

NFL Commissioner Roger Goodell has confirmed that the findings of Mary Jo White's investigation into the Washington Commanders will be made public, despite speculation that they would never see the light of day. The investigation was launched after allegations of sexual harassment and a toxic workplace culture within the team. The report will likely reach different conclusions depending on whether owner Daniel Snyder sells the team or not.

via NBC Sports|
#commanders#daniel-snyder#investigation
sports2 years ago

Dan Snyder's Silence Leaves NFL Owners in the Dark About Commanders Sale

NFL owners are waiting for the outcome of Dan Snyder's attempt to sell the Washington Commanders and secure indemnification against legal liability before considering a vote to remove him as owner. Snyder has declined to be interviewed by Mary Jo White for the NFL's second investigation into him and the team. The NFL and other owners are reportedly in the dark about the sale process and prospective buyers for the team, and Snyder's demand for indemnification is a potential issue. The sale of the team is expected to take a few more months, and a vote to approve a sale or remove Snyder may happen at the next owners' meeting in May.

via Hogs Haven|
#dan-snyder#mary-jo-white#nfl
sports2 years ago

"NFL investigation uncovers financial concerns for Dan Snyder and Washington Commanders"

The investigation into Dan Snyder and the Washington Commanders by Mary Jo White has revealed more financial irregularities, including a $55 million line of credit taken out without the knowledge or approval of his former minority partners, and a $450 million loan to buy out those same partners. White is examining whether Snyder used any of the NFL-backed loans in violation of guidelines. Snyder is also facing a federal criminal investigation and allegations of leaking confidential information. The Washington Commanders are expected to be sold, but Snyder's demand for indemnification from potential lawsuits and settlements is a hangup in the process.

via Hogs Haven|
#dan-snyder#financial-irregularities#mary-jo-white
sports2 years ago

Financial Scandals Plague Washington Commanders Amid Imminent Sale

The sale of the Washington Commanders NFL franchise owned by Dan Snyder is shrouded in mystery due to confidentiality agreements, but sources say the league's second outside investigation led by Mary Jo White has uncovered more financial concerns than have been reported. Snyder is thought to be one of the few owners in the league to pay himself a salary, and White is looking into whether any loans were used improperly. The Snyders have cleared out of the Commanders' facility, which could signal an impending sale of the franchise they have owned since 1999.

via Front Office Sports|
#dan-snyder#mary-jo-white#nfl