Daniel Snyder’s purchase of the Redskins was a blockbuster when it happened in 1999 and it remains one today.
Snyder and some other investors bought the team and FedEx Field from the estate of the late Jack Kent Cooke for $800 million. At the time it was the most ever paid for a sports franchise.
The sale price has since been surpassed but nearly 15 years after it happened the price paid for the team remains firmly in the top 10.
If the agreed-upon $2 billion sale of the Los Angeles Clippers to Steve Ballmer goes through as expected, that would tie the sale of the LA Dodgers to a group headed up by Magic Johnson for most expensive purchase of a sports franchise.
The Clippers deal would push the Redskins purchase down to No. 8 on the all-time list. The Redskins deal would be the only transaction in the top 10 of all time that took place prior to 2005.
Two NFL franchises have sold for more than the Redskins. Stephen Ross forked over $1.1 billion for the Dolphins in 2009 and Jimmy Haslam paid $1 billion for the Browns in 2012.
Yahoo Sports figured out that if the Clippers are selling for $2 billion, which is almost 3.5 times the value of the franchise as calculated by Forbes, the Redskins would sell for $5.9 billion. Washington is the third most valuable NFL franchise trailing the Cowboys (who Yahoo figures would sell for just over $8 billion under the Clippers formula) and Patriots ($6.3 billion).