Arlette Snyder had been a partial owner of the team after she and other family members backed Daniel Snyder’s bid to purchase it for approximately $800 million in 1999, then a record price for an NFL franchise. Daniel Snyder’s father, Gerald, died in 2003 from complications from heart surgery. In November 2020 Arlette Snyder owned 6.489 percent of the team. Daniel Snyder, who has since received a debt waiver from the NFL to purchase the shares of the minority owners, previously owned 40.459 percent. His sister, Michele, with whom he founded Snyder Communications, a lucrative marketing company, owned 12.552 percent of the team. In early July 2021, following a yearlong investigation of Washington’s workplace culture, the NFL fined the team $10 million for creating an environment where sexual harassment, bullying and intimidation were commonplace. Snyder relinquished control of the team’s day-to-day operations to his wife, Tanya, who two days earlier had been appointed co-CEO. Daniel Snyder will focus on the team’s longer-term interests, including the development of a new stadium.
| Types | Person, Business Person |