Report: Commanders Sale Process Progressing; Dan Snyder Expected to Sell Full Stake

The full stake in the Washington Commanders is expected to be sold.

Bank of America is moving forward with the sale process of the football team by getting ready to release the prospectus to qualified potential buyers.

It's not certain that the entire franchise will be sold, but sources think it will be the outcome from this process.

The Snyders retained Bank of America Securities to consider possible transactions.

The organization was under investigation by the United States House Committee on Oversight for a history of sexual harassment.

The committee found that the Commanders and the NFL covered up decades of sexual harassment.

According to the report, Dan Snyder tried to stop investigations into allegations of a toxic workplace. He admitted that he touched a former employee at a dinner and tried to push her into his limo.

Brad Baker, a former video production employee for the Commanders, told the committee that they were asked to make a video for the team that had sex with cheerleaders.

The report states that the director of the squad was ordered to parade the ladies onto the field while he and his friends looked from his suite through binoculars.

According to Mike Ozanian of Forbes, at least four groups inquired about buying the football team.

In October, a group of people, including Don Van Natta Jr. and Tisha Thompson, reported that Snyder told one of his associates that he had enough information to blow up the company.

Two team owners have differing opinions about the man. Jones spoke out against the allegations.

Jim Irsay, the owner of the Indianapolis Colts, told Maske and Jhabvala that there was a chance of removing the man. It would take at least 24 owners to remove him.

The price for the Washington franchise in 1999 was an all-time high. According to Forbes, the Commanders are the sixth most valuable team in the National Football League.