Who Owns the Washington Redskins

After two seasons, John Kent Cooke was unable to raise sufficient funds to permanently purchase the Redskins, and on May 25, 1999, Daniel Snyder gained unanimous approval (31–0) from league owners and bought the franchise for $800 million, a deal that was the most expensive team-purchasing deal in sporting history. One of his first acts as team owner occurred on November 21, 1999, when he sold the naming-rights to Jack Kent Cooke Stadium to the highest bidder, Federal Express, who renamed the stadium FedExField.