Dan Snyder paid $800 million to acquire both the Washington Redskins and FedEx Field, which was known at the time as Jack Kent Cooke Stadium.
Snyder purchased the team from the estate of the late Jack Kent Cooke, who was the previous owner.
Dany Snyder made his money in the 1990s, when he founded and grew a successful communications firm. It was eventually purchased by Havas, a French advertising conglomerate, in an all-stock deal that was valued at more than $2 billion.
When Did Dan Snyder Buy the Redskins?
Dany Snyder officially bought the Washington Redskins in May 1999. At the time, it was the most expensive transaction in the history of sports.
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