Washington D.C. attorney general Karl Racine emailed reporters Wednesday to announce a press conference at noon ET Thursday where he will “make a major announcement related to the Washington Commanders.”
According to the release, the office of the attorney general will also hold a follow-up press event for reporters later that afternoon.
The DC Attorney General's office emailed reporters regarding a press conference tomorrow where AG Karl Racine will "make a major announcement related to the Washington Commanders."
— John Keim (@john_keim) November 9, 2022
No further details were revealed during the release. However, The Washington Post reported in October that Racine had nearly completed his investigation of the Commanders and owner Daniel Snyder. The investigation allegedly began in the fall of 2021.
The office of D.C. Attorney General Karl A. Racine (D) has nearly completed its investigation of the Washington Commanders and their owner, Daniel Snyder, and is planning to take further action in the case, according to a person familiar with the investigation.
This comes one week after Snyder hired Bank of America Securities to “explore potential transactions” for the franchise. The team quickly confirmed the report. Later that day, an ESPN report stated that the U.S. attorney’s office in the Eastern District of Virginia was investigating the team for alleged financial improprieties.
While there have been questions about Snyder potentially selling the entire team or looking for a minority partner, Jay Glazer of FOX Sports reported Sunday that Snyder is selling the franchise and that the NFL wants this complete within the next six months.