The franchise changed hands following a tumultuous, nine-month sales process after Jack Kent Cooke's death.
Daniel Snyder cheers a Redskins touchdown at FedEx Field in 1999. By Scott Allen Scott Allen Reporter covering D.C. pro and local college sports Email Bio Follow May 24 at 2:05 PM When Redskins owner Jack Kent Cooke died in April 1997 at age 84, his unusual will directed that the bulk of his estate go toward a foundation bearing his name to fund college scholarships.
“Potential buyers see dollar signs and the tradition of one of the NFL’s great franchises,” Chris Dunlavey of the D.C. firm Brailsford & Dunlavey told The Post. “Their stadium is a cash machine." The sale still required approval by the NFL’s owners. With the Redskins’ ownership in limbo, the team’s negotiations with free agent quarterback Trent Green stalled. Green ultimately rejected a four-year, $12 million offer from the Redskins and signed with the Rams.
“We’re in overtime now,” Milstein said after Tagliabue’s announcement. “We finished the regulation period. We will fully satisfy the NFL. The fact we’re still standing here and going to overtime means we’re going to do it.” “I refuse to be used merely to increase the bids of others, since it is well known that I have always wanted to keep the Redskins in my family,” Cooke said.
“I’m not focused on the money, I’m focused on the opportunity and the dream,” Snyder said. “Hundreds of fans have written to me with their support and suggestions . . . Your most pressing issue is no different than mine. You want to win, we want to win, and we’re going to deliver that.”
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