Congress tells FTC Commanders may have broken financial laws

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WASHINGTON (AP) — The U.S. House Oversight Committee sent a letter to the Federal Trade Commission saying it found evidence the NFL’s Washington Commanders engaged in potentially unlawful financial conduct.

The committee says the team withheld ticket revenue from visiting teams and refundable ticket deposits from season-ticket holders. The committee said emails, documents and statements made by former employees indicate team executives and owner Dan Snyder engaged in “a troubling, long-running, and potentially unlawful pattern of financial conduct.”

The NFL says it is engaging a former SEC chair to review the most serious allegations.


Source: AP – All contents copyright 2022 Associated Press.  All rights reserved.


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