Money pressure might finally force Snyder’s hand on Redskins name

football

(© Maridav – stock.adobe.com)

This latest push to force the hand of Daniel Snyder regarding the Redskins team name might actually work.

The reason: money.

FedEx, whose name is on the stadium in which the team plays, has requested that “the team in Washington” drop the name.

FedEx paid $205 million for the naming rights to the stadium in a deal that runs through 2025.

Frederick Smith, the company’s chairman, president and CEO, is also a minority owner of the NFL team.

That move may have come because of something up the line.

Adweek reported this week that a group of 87 investment firms and shareholders worth $620 billion sent letters to FedEx, Nike and PepsiCo asking them that they sever their ties with the team unless it changes its name.

FedEx, obviously, followed through, and it appears that Nike is doing so as well. A search of the Nike website this morning for “Redskins” produced no results.

Snyder has consistently resisted pushes to drop the Redskins name, vowing in 2013 that he would “never” change the name.

But that was when all he had to do was stand up to political pressure.

Bad PR is one thing. It might cost you money, it might not.

This latest effort almost certainly will hit the team’s bottom line.

Never might become soon.

Story by Chris Graham

         
 

UVA Basketball Fans!

uva basketball team of destiny
Team of Destiny: Inside Virginia Basketball’s Run to the 2019 National Championship, by Jerry Ratcliffe and Chris Graham, is available for $25. The book, with additional reporting by Zach Pereles, Scott Ratcliffe, and Scott German, will take you from the aftermath of the stunning first-round loss to UMBC in 2018 through to the thrilling overtime win over Texas Tech to win the 2019 national title, the first in school history.

Dick Vitale on Team of Destiny: “This is a hoops story you will LOVE! Jerry and Chris capture the sensational and dramatic championship journey by Tony Bennett and his tenacious Cavalier team. UVA was Awesome Baby and so is this book!”

Ralph Sampson on Team of Destiny: “Jerry and Chris have lived and seen it all, even before my time. I highly recommend this book to every basketball fan across the globe. This story translates to all who know defeat and how to overcome it!”

Feedback from buyers: “Got the Book in the Mail Saturday, and could not put it down! Great read and great photography as well! Love all of the books I’ve received, but hands down, this is my favorite!” – Russell

Buy here.


augusta free press news
augusta free press news
augusta free press news


Comments