Washington Redskins Minority Owners Look To Sell Off Shares Of The Franchise
Social justice warriors have been doing their best to destroy the Washington Redskins, demanding they change their name to something a little more politically correct that won’t offend people so badly.
Of course, when you ask them who this name offends, the crowd of angry folks consists largely of white people, not Native Americans, so yeah, there’s that “white savior” garbage at work. Which is funny because the left says they hate when white people do that, yet they do it every single day.
Anyway, with pressure mounting against the team, minority owners are looking to sell of their shares of the franchise.
Here’s more from The Washington Examiner:
Businessmen Robert Rothman, Dwight Schar, and Frederick Smith have hired an investment banking firm to conduct the search for potential buyers, which, according to one unnamed source, was happening because they are “not happy being a partner” of majority owner Daniel Snyder, the Washington Post reported. ProFootballTalk first reported that Schar and Smith were trying to sell their share of the team on Sunday.
Rothman is chairman and CEO of Black Diamond Capital, a private investment company; Schar is chairman of NVR Inc., one of the largest homebuilder companies in the country; and Smith is the chairman, president, and CEO of FedEx, which has a long-standing partnership with the football franchise. Together, they account for about 40% of the team’s ownership. The remaining stake rests with Snyder, his mother, and his sister.
The organization said on Friday that it will conduct a “thorough review” of the team’s name amid new demands that it stops referring to the team as the Redskins, which critics view as being racist and insensitive to Native Americans.
“This process allows the team to take into account not only the proud tradition and history of the franchise but also input from our alumni, the organization, sponsors, the National Football League, and the local community it is proud to represent on and off the field,” Snyder said during a statement last week.
Snyder purchased the team back in 1999 and has resisted calls to do a name change. However, with the intensity of the pressure for such a change mounting, especially from corporate sponsors, it looks like he might just budge on the issue after all.
Hilariously, the Washington Post conducted a study several years ago asking Native Americans about whether they thought the name of the team was offensive. Nine out of ten said it wasn’t.
But facts aren’t something that really matter to the left. All that matters is the crusade and the implimentation of the politically correct agenda they want to push.