Redskins: Where Does Snyder Get His Money From? (protest idea)

[kvarlo12000]

Originally Posted by ttr77

Overspending is part of the reason this team is where it is now. And a big name GM and Coach are not a requirement. The coaches of all of the best teams in the league at the moment were all relatively unknown before being promoted.

I was kinda trying to say that he has stopped overspending. Haynsworth I believe was worth every penny. We are still dealing with older contracts that was clearly overspending, but the last couple of years in free agency i don't think we have overspent. I see what you are saying about the coach, but do you think a no name could come in and have control of this team? I am not saying they can't I just think this team needs a Cower or Gruden type of coach that is a proven winner.

[tshile]

Originally Posted by ttr77

Great post tshile.

Could you elaborate on the point quoted above? This is the first I've heard of it. Please PM it to me if you think my request will threadjack...

Thanks.

sorry it took so long to respond. had a busy work day yesterday.

i can't find the article but I read it this past summer. fi you google 'Dan Snyder Debt', 'Six Flags Bankruptcy', among other things, you'll find all the articles you care to read on the situation.

Basically, when you file for bankruptcy, a court grants you protection from your debtors (people you owe money to) for a period of time or until certain conditions are met. The idea is to allow you to get 'back on your feet' and be in a position to pay all your debts back, without them driving you so broke you lose everything. They do this for people as well as businesses..

Well the negotiations with the debtors were dropped, shortly after the Haynesworth signing. I don't think there were any direct quotes, and in amatter like this I'm not even sure what is public knowledge, but many people speculated that it was beacuse of the haynesworth signing... Snyder owes 300 million on 6 flags... if someone owes you 300 million, and was trying to file for protection from you, an dthen stroked a 5 year contract for 100million at the same time, you'd probably be upset too.

the bottom line is, everyone knows snyder has money, and the people seeking the money are trying to make sure they get their money.

[tshile]

Originally Posted by TK

Think about this.

He could fire Vinny & Zorn now or 4 weeks ago & still be on the hook to pay out their contracts.

If you've millions & millions to just toss around like they're pennies, then at least one of them is canned.

Vinny's contract is up at the end of the year.

Zorn has one year left with an option to extend to two more years.

In this economy, you let Vinny ride out his contract & don't bring him back. You use him going away as the way to dump Zorn & JC as all 3 are tied to each others hips.

great points, all the way around.




There are a lot of people in this thread who've said 'you can't make him sell the team', or things like that.

You're wrong.

Go back and read my first post. Snyder didn't walk in and buy the redskins for 850 million of his own money. He had investors - people he owes returns on investment to. He can't simply lose money, and hope it will turn around before he goes broke - He has people he owes money to every year, and thats just for giving him the money to buy the team.

If you were ever going to try to make a significant impact on Snyder, NOW is the time to do it. The NFL is hurting right now - They just lost their biggest sponsor in Budweiser after the Belgium company bought them. That sponsorship ends this year, and unless oen of the other companies steps up, thats going to hurt the NFL (its fair to assume one will, but none have yet, and noone knows what the deal will be for.)

The movement needs a leader if it really wants to be serious. Right now we have a bunch of different blogs, websites, and extremeskins threads doing different things. You need 1 person (or a small group of 3-5 people) who understand the redskins organization, who understand the business of owning an NFL team, and who understand business in general. That person can set a plan, and a goal, and start small and move on to bigger things. The fan card was agood idea, now send something to all the sponsors. Get people to stop buying things at the stadium.


You could really hurt snyder if you wanted to - the mob will overcome the individual. It just has to be organized, well thought out and planned. This random 'Next week we do <insert protest idea here>' stuff wont do anything other than sidetrack the local media, and further the negative press.

Someone needs to steup up if you want to be taken seriously. And it'll be a hard thing to be successful at.

Edit: If you don't believe me, go look at why the ST Louis franchise is up for sale. Its not because the team is bad, and the market is crappy, its simply because the fan base has revolted against the owner. THey refuse to go to the games, they refuse to buy the merchandise. And the owner has to sell. of course the NFL doesn't present it this way, but go read some St Louse papers for the past 5 years. They HATE that owner. They have for a while. I'd argue more so than we hate Snyder.

Also, Look at the Miami situation. The fans there revolted. 5 years ago the owner was forced to get someone to bail him out, with the understanding that the person would receive the controlling share of the team in 5 years. Control of the team just transfered. Did that person lose the team? no, but now he sits on the side of the table with everyone else, instead of at the end. He now has a 'vote', not a 'decision'.

Bot of those situations are possible here, even though the market is bigger. You can also look at it from the other owner's prespective. THey'll start making phone calls, offering advice, etc, if one of their biggest revenue sharing partners falls from grace.

[bird_1972]

Originally Posted by tshile

....

Tshile,

Your posts made my day.

I think we should consider doing a boycott/letter writing campaign to big Redskins sponsors to build off of the momentum from the Fan Card project (which sounds like it worked quite well, by the way ) - Thanks Buford!

[tshile]

Originally Posted by bird_1972

Tshile,

Your posts made my day.

I think we should consider doing a boycott/letter writing campaign to big Redskins sponsors to build off of the momentum from the Fan Card project (which sounds like it worked quite well, by the way ) - Thanks Buford!

heh, its just a matter of economics and business sense.

unfortunately I don't have the time, or knowledge, to lead it. I just know the simple aspecs of it.

The biggest problem with it is uniting everyone, and comitting to an end goal.

not organizing like that doens't prevent it from happening - it just makes it take longer. after 18 years, i don't want to wait another 15 to see this happen if its going to happen.

the problem is, if the redskins win every game fro the rest of the season, then all of this will change. people wont care about the signs, the sherman lewis hire, etc. Winning will fix everything. Which is why I'm not investing myself too much into the revolt - because at the end of season if we're 9-7, 10-6, 11-5, or maybe even 8-8 (depending on how well we play in those wins and losses), we may be right back were we started at the end of 2009. I know your gut reaction is to say 'no, that wont cut it', but lets be honest - It will for the majority of the fan base, and snyder knows that.

The real test of this movement will be how everyone reacts when the team is winning, but Snyder and Ceratto are still doing some of the thigns they're doing now. YOu can argue that they don't know how to build a team,b ut you can't argue that they haven't tried to get the best people they can in here when they're available. If those players start living up to their hype, and things start clicking, alot of these problems will go away for better or worse.

edit: you can disagree with me on this, i'm certainly not going to fight you on it. its just my opinion about the feelings around here. people are mad at the way the organization is run, the things snyder does, and the general attitude he brings to the organization (as am I). but I firmly believe that it all centers around wins/losses as well as the quality of those wins/losses.

We'll see where we are at the end of the season. I have a feel ing that number of season ticket holders who renew will make the biggest impact. Which means March will be the biggest month of the year next year.

[ttr77]

Originally Posted by tshile

sorry it took so long to respond. had a busy work day yesterday.

This is unacceptable. I think someone needs to reorganize their priorities.

Thanks for the clarification.