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How a disputed $55M loan plays into feds' probe of Commanders

Related Topics: Roger Goodell, Frederick Smith

DANIEL SNYDER'S FINAL breakup from his longtime minority partners in Washington's NFL franchise began with a footnote in an April 2020 financial report.

The note revealed a $55 million credit line the team had taken out 16 months earlier without the knowledge and required approval of Snyder's minority partners -- the three billionaires who owned 40% of the franchise, according to documents obtained by ESPN.

The secret $55 million loan has become a primary focus of federal prosecutors in Virginia who are investigating allegations of financial misconduct by Snyder and the Washington Commanders, multiple sources with firsthand knowledge of the inquiry told ESPN.