Washington Commanders may have engaged in 'unlawful financial conduct,' Congress says
The House Oversight Commitee believes it has uncovered evidence that the NFL's Washington Commanders engaged in a "troubling, long-running, and potentially unlawful pattern of financial conduct," per a letter it sent to the Federal Trade Commission, The Associated Press and Roll Call report.
The committee alleges the team purposely withheld ticket revenue it was supposed to fork over to the rest of the league, as well as millions in security deposits it was supposed to return to season-ticket holders.
In testimony before Congress, one former employee claimed the team had two sets of books: "one with underreported ticket revenue that went to the NFL and one with the full, complete picture," AP writes. According to the employee's testimony, team owner Dan Synder was aware of the practice, which was known by the team as "juice."
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
NFL teams are required to deposit 40 percent of ticket revenue into a fund that's shared within the league.
As for the security deposits, the Oversight Committee claims that once Synder purchased the team in 1999, he instructed employees to "establish roadblocks" to make it harder for customers to get their money back.
The Commanders have said they deny "any suggestion of financial impropriety of any kind at any time," and "continue to cooperate fully with the committee's work."
"We adhere to strict internal processes that are consistent with industry and accounting standards, are audited annually by a globally respected independent auditing firm, and are also subject to regular audits by the NFL," a team spokesperson said, per AP.
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
This is just the latest setback for the Commanders, who were previously rocked by yet another congressional probe regarding former employees' sexual harassment claims. That investigation was recently expanded to include financial improprieties, Front Office Sports reports.
Brigid Kennedy worked at The Week from 2021 to 2023 as a staff writer, junior editor and then story editor, with an interest in U.S. politics, the economy and the music industry.
-
Eel-egal trade: the world’s most lucrative wildlife crime?Under the Radar Trafficking of juvenile ‘glass’ eels from Europe to Asia generates up to €3bn a year but the species is on the brink of extinction
-
Political cartoons for November 2Cartoons Sunday's political cartoons include the 22nd amendment, homeless camps, and more
-
The dazzling coral gardens of Raja AmpatThe Week Recommends Region of Indonesia is home to perhaps the planet’s most photogenic archipelago.
-
FBI nabs dozens in alleged NBA gambling ringSpeed Read Portland Trail Blazers head coach Chauncey Billups and Miami Heat guard Terry Rozier are among 34 people indicted in connection with federal gambling investigations
-
Trump orders NFL team to change name, or elseSpeed Read The president wants the Washington Commanders to change its name back to the 'Redskins'
-
Thunder beat Pacers to clinch NBA FinalsSpeed Read Oklahoma City Thunder beat the Indiana Pacers in Game 7 of the NBA Finals
-
Why is the NFL considering banning the 'tush push' play?Today's Big Question The play is widely used by the Philadelphia Eagles, to other teams' chagrin
-
MLB lifts ban on Pete Rose, other dead playersspeed read 16 deceased players banned for gambling and other scandals can now be inducted into the Baseball Hall of Fame
-
Canada beats US in charged 4 Nations hockey finalSpeed Read 'You can't take our country — and you can't take our game,' Prime Minister Justin Trudeau posted after the game
-
Eagles trounce Chiefs in Super Bowl LIXspeed read The Philadelphia Eagles beat the Kansas City Chiefs 40-22
-
Indian teen is youngest world chess championSpeed Read Gukesh Dommaraju, 18, unseated China's Ding Liren
