The Washington Commanders released a statement Wednesday saying that owners Dan and Tanya Snyder have hired Bank of America Securities to consider "potential transactions" involving the franchise.
"Dan and Tanya Snyder and the Washington Commanders announced today that they have hired BofA Securities to consider potential transactions," the team said in a statement.
"The Snyders remain committed to the team, all of its employees and its countless fans to putting the best product on the field and continuing the work to set the gold standard for workplaces in the NFL."
It was unclear from the team's statement whether the Snyders are exploring selling their stake in the franchise or if they are seeking to sell a minority share.