The Daily Walk of Shame: Dan Snyder's Washington Redskins

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There is something rancid stewing here in Washington, D.C.

As we speak, there is a stink cloud floating high above the beltway. It reeks of bad management, poor decision-making, and excessively short-term thinking.

Truth be told, there is almost always something foul-smelling here in our nation's capital, but this time, the smell is not coming from our government.

The smell, my friends, comes from the NFL's Washington Redskins, who have slowly come to represent all that is wrong with the world of finance, spending, and investing. And I just can't stand it anymore.

How did we get here?
Born and raised in Washington's Woodley Park neighborhood, I have been a lifelong fan of the Burgundy and Gold. It's been a difficult relationship, for sure, suffering through more than a decade of incredibly poor leadership and lackluster performances on the field.

I've cursed the coaching staff, the players, and even its fans more times than I care to admit. But the fact is, when faced with a team as perennially disappointing as the Redskins are, my contempt ultimately sits with one man: the guy in charge. And just like a publicly traded company, enraged constituents of a failing organization (shareholders, employees, and customers) should almost always cast their gaze upward, all the way to the top office.

These are the people with their fingers on the trigger.

Meet Dan Snyder
Dan Snyder is slick, real slick. He's a self-made man whose ventures in business allowed him to purchase the Redskins in 1999 for the astounding price of $800 million, all at the tender age of 34. He canoodles with movie stars, he does big deals. He's a Wall-Street-gunslinger-Gordon-Gecko kind of slick.

Like other business "gurus," Snyder operates the Redskins under the mistaken assumption that success is something that can be bought. As far as I can tell, the Snyder Doctrine is some bizarre concoction of liberal amounts of reactionary decision-making, a strong concentration on the short term, and a heavy supply of poorly structured incentives. His favorite answer to solving complex problems is simply to throw more money at them.

Investors who have been around the block once or twice should start to see a few problems developing here.

To me, Dan Snyder is precisely the type of guy Benjamin Graham had in mind when he said "Wall Street people learn nothing and forget everything."

Let's get more specific
Snyder's run-n-gun managerial style has manifested itself in a number of ways over the past 10 years:

  1. Pumping and dumping head coaches like some Pink Sheets biotech. Even in a league where the average tenure for a head coach is 4.3 years, the Redskins have churned through six coaches in 10 years, which is just an incredible number to fathom.
  2. Regularly trading away crucial draft picks. The draft is generally the place where good teams cultivate the most value.
  3. Constantly paying top-dollar for over-the-hill veterans whose collective performance has been stunningly poor. Snyder often exchanges the team's draft picks to facilitate these ridiculous and expensive trades.
  4. Finding new and creative ways to work the salary cap in order to accommodate these overpaid disappointments. This kind of financial engineering has now placed the team on the precipice of serious disaster. It can barely afford to retain even the most mediocre of second- and third-string players in order to keep the overpaid elite in uniform.
  5. Squeezing fans for every last cent of their cash by constantly increasing prices, even charging for admission to training camp one year.
  6. Making suggestions that the team will move from the relatively new $250.5 million FedEx Field in Maryland (of which the state funded a full $70.5 million) back to D.C. in order to make more money after a mere 12 year stay. Of course, D.C. would likely help subsidize such a move with my own tax dollars—perhaps some federal tax dollars, too—which is all simply fantastic.
  7. Actually suing loyal season ticket holders who have suffered financial hardship during this recession in order to recover lost revenue on tickets that could be (much more easily, mind you) resold on the open market.

There are plenty more missteps to cite, but I think you get the point.

Now, do any of these practices feel at all familiar in a financial world gone wrong?

Why you need to study the Redskins
Snyder's Redskins are a textbook example of appalling managerial practices. And trust me, this goes way beyond football.

Investors who've sat through the last two years of market performance have definitely seen this type of behavior before. We've seen it at AIG (NYSE: AIG  ) , at Countrywide (now part of Bank of America (NYSE: BAC  ) ), at the trading desks at Bear Stearns (now part of JPMorgan (NYSE: JPM  ) ), Lehman Brothers, and Merrill Lynch (also part of Bank of America).

The type of myopic thinking that Dan Snyder seems to embrace so tightly helped steer another storied franchise, General Motors, into the ditch it finds itself in today. Whoever taught Snyder about business practices must be getting around a lot, because everyone seems to be playing from the same playbook these days.

And that is really a tragedy.

There is some hope
Fortunately, not all individuals in America are working this way. Leaders like Jim Sinegal at Costco (Nasdaq: COST  ) are making decisions based on the impacts those decisions will have, not next year, but in 25 years. Others like Jeff Bezos at (Nasdaq: AMZN  ) make it publicly clear that they will not run their businesses by catering to the throngs of Wall Street analysts who demand quarter-by-quarter performance.

Then there's Warren Buffett at Berkshire Hathaway (NYSE: BRK-A  ) (NYSE: BRK-B  ) , who's made a deliberate decision to turn his back on the ethically questionable managerial style de jour and deliver a new sense of transparency, modesty, and success that is so rarely found in corporate America today.

There are real business leaders out there today -- you just have to spend a while finding them.

The Foolish bottom line
As owner of the Redskins, Dan Snyder's a textbook example of how not to lead an organization. His tenure's all about excessive micromanagement, myopia, and thus far, unequivocal failure. As Fools, it is incumbent upon us to recognize these practices and avoid them as we walk down a road to financial success. Don't be like the 'Skins and Snyder, and please don't park your money with those who are.

So what do you think? Is Snyder the worst leader still left in charge of a major organization? Know of other sports figures doing it worse? Chime in below.

Fool Nick Kapur is a solid two years into a Redskins boycott. Join him. He will not spend a single cent on the team until management changes, and he's happy to do so. Go Ravens.

Nick owns no securities mentioned above., Berkshire Hathaway, and Costco Wholesale are Motley Fool Stock Advisor picks. Berkshire Hathaway and Costco Wholesale are Motley Fool Inside Value recommendations. The Fool owns shares of Berkshire Hathaway and Costco Wholesale. Try any of our Foolish newsletters today, free for 30 days. The Motley Fool has a disclosure policy.

Read/Post Comments (38) | Recommend This Article (71)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On October 19, 2009, at 1:53 PM, JGBFool wrote:

    Still, Snyder is a better team owner than Mike Brown.


  • Report this Comment On October 19, 2009, at 1:57 PM, bigdaddymurph wrote:

    Couldn't agree more!! Lifelong 'Skins fan who grew up in Lynchburg, my dad grew up in DC. I'm not a huge NFL fan, but always followed the 'Skins. When Snyder bought the team, I tuned out. If it weren't for my own kids now rooting for the team, I'd still have them tuned out--to my benefit. It is a waste of whatever time I spend each Sunday watching them, other than to see what imaginative way they can lose each week.

    As for the financial angle, compare them to the Patriots and Kraft, virtually everything is 180 degrees the opposite: stable management, executives staying in their area of expertise and leaving the operations to the people who know it, trading players FOR draftpicks, stockpiling young players, releasing players whose best days are past, etc.

    Unfortunately Snyder is not done playing with his toy. Unless and until he sells the team, he will continue to find ways to screw it up. My poor children may never see the once-proud franchise as anything other than a laughingstock.

  • Report this Comment On October 19, 2009, at 2:00 PM, Seano67 wrote:

    Haha. Great article, and I'm not just saying that cause I'm a Dallas Cowboys fan. ;)

    Yes, the Redskins are absolutely terrible. I enjoyed what Bill Simmons said about the Skins in his Week 6 picks, "Awful team, overmatched coach, awful season, awful owner. Kansas City 23, Washington 10."

    Ahhh, I love it. Couldn't happen to a finer organization! :)

  • Report this Comment On October 19, 2009, at 2:02 PM, TexasLonghorns wrote:

    Jerry Jones should probably be right there too....maybe better at making money....keeping finances of team, but thinks he has Jimmy Johnson's football mind and after Jimmy got tired of Jerry and left town....haven't had Super Bowl win since..the one with Switzer doesn't count. Get off the field Jerry!

    They were all Jimmy's picks!

  • Report this Comment On October 19, 2009, at 2:18 PM, dbackroyal wrote:

    Thanks for allowing the Cheifs their one and only win this season, another franchise in disarray run by a well meaning son but with the same problem, overpaid has beens taking up space and poor draft decision making, an embarassing team that has not gotten better in three years. The dregs of the NFL, asnd two teams are in Missouri!!

  • Report this Comment On October 19, 2009, at 2:20 PM, Seano67 wrote:

    Al Davis (or the waxen, dead looking figure in the owners box who is *reputedly* the living Al Davis), he's another guy that certainly belongs in the NFL Owners Hall of Shame, possibly at the head of the table. It's just one thing after another in Oakland, a true clown college, with the highlight (or lowlight) of all the craziness and chaos possibly being Al hiring an offensive coordinator in 2006 who'd been out of football for 12 years, and not only had he been away from the game for over a decade, but he was hired straight off a dude ranch in Idaho, which he'd run for the previous 12 years. 'Hmmm, we need a new offensive coordinator. I know! Let's hire this guy off the dude ranch!'. I mean how can it POSSIBLY get any better than that on the scale of high comedy?

    Ladies and gentleman, Al Davis and your Oakland Raiders!

  • Report this Comment On October 19, 2009, at 2:29 PM, anilkapur wrote:

    The key message is that sports are managed in about the manner as gthe airlines. It is not about winning, letting the coaches and team perform at their best, and giving the fans their moneys worth. Rather it is all about the owner's EGO!!! Figure how one can make money with bad management.

    Great analogy for management schools. Best, Pop

  • Report this Comment On October 19, 2009, at 2:30 PM, XMFCommodore wrote:

    Well said Mr. Kapur.

    As a season ticket holder of the Redskins, I'm very familiar with the sub-optimal customer experience and ineptitude within current management.

    About the only thing I can disagree with you on (and only slightly) is that the Skins actually held firm on their ticket prices from last year to this year. However, I'd agree that the recent trend of increasing the ticket prices (over the past 18 years or so, while they've been miserable) is a poor business decision.

    If Snyder were to spend even a small portion of his time studying the business practices of the successful owners/franchises (the Rooney family in Pittsburgh, the Krafts in New England, etc. etc. ) rather then stroking his ego and focusing on his profit margins, there may be some hope.

    Additionally, it strikes me as interesting that he surrounds himself with sycophantic "yes" men in his senior management, ala Vinny "I am not qualified to make football decisions for a high school team" Cerrato, who become enablers for Mr. Snyder's poor decisions.

    Until Dan Snyder hires a qualified GM to handle the football related decisions, and makes a conscious effort to step back from meddling in areas like football-related decisions where he is supremely unqualified, the organization will remain doomed.

    It's really a sad state when you can take a once proud franchise and nearly run it into the ground in a decade, while still claiming some sort of success because your are able to make absurd profits off of the stakeholders/fans seemingly endless goodwill towards the proud franchise.

    Thanks for your effort to shed some light on another example of poor leadership and how it severely impacts the success of organizations and their stakeholders.

    Well done.

    I'm dreading the remaining home games this season, and besides enjoying the gallows humor at the various tailgate sessions, I'm curious as to why I continue to submit myself to the nearly certain frustration of the experience. Must be a glutton for punishment.

    Ah well, through thick and thin I guess. That's what real fans sign up for....

  • Report this Comment On October 19, 2009, at 2:59 PM, philasst wrote:

    As someone in business for 40 years, the first rule in buying a business when never having been in that business is to keep present management in place until the buyer learns something about that business. Dan Snyder fired everyone almost immediately when he took over ownership of the Redskins. When he then refused to hire competent management to replace those he fired, I knew that the Redskins were headed downhill. Unfortunately he has not disappointed and the last 10 years have been a disaster as a football team. The Redskins could have been managed financially by Mickey Mouse. Dan Snyder is no financial genius here. The Redskins are so locally ingrained that financially they are a given.

  • Report this Comment On October 19, 2009, at 3:27 PM, jsl4980 wrote:

    Al Davis and the Oakland Raiders are the worst combination of team and owner in the NFL. As one ESPN analysts said "Oakland, where careers go to die."

  • Report this Comment On October 19, 2009, at 3:40 PM, dividendhound wrote:

    Good article. Very accurate on all Redskins points, which is sad, as they used to be one of the most respected franchises, and at one time, were actually a fun team to watch. We, the fans, loved Jack Kent Cook when he was the owner, and the players respected him and played harder for him and his coaches. Draft decisions were carefully deliberated and often intelligent. The entire organization has been on a decline since 1991. Too bad there cannot be a hostile takeover of this team.

    Fans should vote with their feet and stop buying tickets and merchandise - losing teams deserve some loyalty even if they have a couple of bad seasons, but that loyalty should have been used up years ago.

  • Report this Comment On October 19, 2009, at 3:54 PM, kedo76 wrote:

    Many have already mentioned it but Al Davis takes the cake on failure. Snyder, Brown, yes, bad; but, when that guy dies Oakland should cheer since the coach will finally be able to coach and maybe make JaMarcus go for 4 yards a play instead of 40. If my math is correct 3 plays x 4 yards equals enough first down's to ensure touchdowns...sortof like how the Broncos do it...

  • Report this Comment On October 19, 2009, at 4:10 PM, miteycasey wrote:

    Al Davis' owned teams have won three superbowls, keep that in mind. Just because he's 97, er what ever he is, can't take that away.

  • Report this Comment On October 19, 2009, at 4:40 PM, dynomite42k wrote:

    The Detroit Lions are the King of the NFL Jungle, the worst run organization in sports period. Mr. Ford needs to let go and let jr. take the helm. This team and organization have been bad since bad was created. The King of let down, they can't win in Green Bay to save their lives, tell me the last time? When they accomplish that we can move forward. Having "Pride" to stop the past of underachieving is a must in a successful organization.

  • Report this Comment On October 19, 2009, at 6:44 PM, TMFBrich wrote:

    Great piece, Nick. You've definitely touched a nerve for lifelong Redskin fans (of which I'm one).

    I'll toss in two other components that make Snyder a bad manager:

    1.He’s overbearing.

    Jim Collins' book "Good to Great" illustrates that good business leaders are consensus-builders. The strong personalities are rare (Steve Jobs, for instance) ... Truly successful business leaders come in the form of former Kimberly Clark CEO Darwin Smith or Costco's Jim Sinegal -- ego-less, willing to listen to people throughout the organization.

    Snyder, on the other hand, is a notorious micromanager who mettles in personnel decisions. More damning, he lacks self-awareness. Former Redskins consultant and college football coach Pepper Rodgers said of Snyder: "Dan is smart, and people who are smart think they are smarter than the coach."

    2. As you describe, he's short-term in his thinking. Buffett transformed Berkshire Hathaway from an obscure textile mill into a multibillion-dollar holding company. He patiently and prudently acquired assets when he thought they were being mispriced, he held them for long periods of time, and he left the owner/operator/managers to run them. Snyder, on the other hand, has given up draft picks for 10 straight years, overspent every offseason, fired and hired coaches on what seems like a whim, charged fans for training camp (!), raised ticket prices, and, worst of all and as you mention, sued fans. Anyone who disagrees that Snyder is short term in his thinking need only to remember two words: Steve Spurrier.

    The man says he wants to win … but he doesn't actually do the things that lead to winning. He lacks the time, patience, or perspective to do it.

    As fans, we're starting to lose patience, too.


  • Report this Comment On October 19, 2009, at 6:45 PM, amtberg wrote:

    Like Nick, I'm a life-long Redskin fan. Like Snyder, I grew up in Bethesda. We're about the same age, too. Washington needs to boycott the Redskins until Snyder sells the team.

    Creating a winning NFL team is not rocket science. Hire the best GM you can find and invest heavily in scouting. Build the team through the draft, starting from the inside out (offensive and defensive lines). Hire a coach with a proven track record and give him at least five years to do his thing.

    Follow that formula and you are almost guaranteed to produce a playoff caliber team year after year. Pick up a few exceptional skill position players along the way and you will compete for Super Bowls.

    Snyder is incapable of following the formula because he has an incessant need for immediate gratification.

  • Report this Comment On October 19, 2009, at 8:00 PM, xetn wrote:

    Sounds like the same prescription for the problems of public education. If it is not producing the results wanted, the answer is throw more money at it. Same prescription, same result. Another example of government intervention and union meddling by the NEA.

  • Report this Comment On October 19, 2009, at 11:14 PM, TMFBrich wrote:

    One more confirming opinion to add here: Sally Jenkins wrote a great piece in the Washington Post two weeks ago in which she argues that Synder is a "toxic manager":

    <<Toxic management is not just a term; it's a pathology, and experts have written books about it. The leader in the field is Roy Lubit, a member of the faculty of the Mount Sinai School of Medicine in New York, and the author of "Coping with Toxic Managers and Subordinates." According to Lubit, toxic managers are "rigid, aggressive, self-centered." They're also divisive. Some of the indicators: bullying of subordinates, impulsivity, inability to concentrate and moodiness. Also: a record of grievance filings by employees, customer complaints and high staff turnover. Toxic managers actually prefer tension to stability, because it's a demonstration of their personal power.>>


  • Report this Comment On October 20, 2009, at 9:26 AM, shenstone1 wrote:

    Nick, Does Snyder control or run any publically traded companys? Six Flags? Can you do an analysis of his business performance other than the Redskins?

  • Report this Comment On October 20, 2009, at 9:53 AM, DonRu wrote:

    The anlogy is right on the money. And your assessment of Snyder is right on also. I had dinner with him one night and slick is being too kind. We all have run into these guys who are short term, overpaid, and somehow through Wall Street leveraged someone else's creation of value into thier pockets.

  • Report this Comment On October 20, 2009, at 12:11 PM, ekirkjr wrote:

    OK Nick,

    You have identified a problem organization because management is terrible. What can a shareholder (season ticket holder) do about it? As a season ticket holder, you have to sign a contract for 6 or 10 years and Snyder has made it clear he is willing to sue if you try to void the contract. It seems to me the only way to hurt the value of the franchise is to force Snyder to dip into the valued waiting list for tickets. Decrease the value of the franchise and Snyder may sell it!! Are there any precedents out there for a sports season ticket holder voiding a contract or getting money back due to poor performance? Maybe someone should call Peter Angelos (as a lawyer not as an owner)??

    I am a lifelong 'Skins fan that is in his fifth year of a Redskins boycott, so, I feel your pain!

  • Report this Comment On October 20, 2009, at 12:13 PM, bigjohnson2 wrote:

    can't believe it! no one mentioned the cleveland browns. like the redskins, one of the original teams of the nfl. victimized by the owner when he left cleveland for baltimore. the gutted franchise taken over by apparent idiots. now, the owners are flat on their faces in the mud.

  • Report this Comment On October 20, 2009, at 5:49 PM, bs1934 wrote:

    The jury is still out on the Phoenix Cardinals although it looks like the latest of the owner's sons may have turned the corner. They, until Snyder rescued them, were the most pathetic franchise in NFL history. I'm hoping Warner and company have dug the Cardinals out of this hole. It is sad to think that protecting one's legacy, (Jerry Colangello) by voting down a most capable potential owner (Artie Moreno) from purchasing a franchise still goes on in this world. Ah, how Colongello's star has dimmed in my thinking. Poor D'backs.

  • Report this Comment On October 20, 2009, at 10:19 PM, r2r1997 wrote:

    I refuse to buy any concessions or products at the games. I think we should start a boycott, beginning at the stadium. Hit Snyder were her feels it, in is greedy pocket book. The skins will NEVER win a championship as long as he is at the helm. Lord help us!

  • Report this Comment On October 20, 2009, at 11:54 PM, TMFSoccer wrote:

    This is a classic business problem with incentives. Dan and the team go home each night winners - not losers. Dan has a hugely profitable franchise. Players are highly paid. There is no further incentive to perform. Sure they have incentives in their contracts. But, I'd bet it isn't enough compared to the guaranteed money.

    The fans are desperate to win because it is all we have. Ownership and players would like to win the games. But, in the end Dan is a money guy. He judges his success on dollars. I'm not sure he cares that much about winning games. The high paid employees are falling right in line with the boss while the customers suffer.

    The Pats have one of the lowest payrolls in 2008 and they've done pretty well.

  • Report this Comment On October 21, 2009, at 9:09 AM, jdsinko wrote:

    Sounds like a great time for Snyder to sell at 1.3 B and chalk up a half a billion profit, eh ??

    He already played his wild card and brought Joe Gibbs back, but that didn't work out (see inept GM comments ), so may as well fold.

    Now, off to chop some wood with the diesel.

  • Report this Comment On October 21, 2009, at 11:40 AM, gatosman wrote:

    Great article, but growing up in D.C. you had to be aware that Dan Snyder seemingly learned all he knows about running a once proud franchise into the ground from Peter Angelos, owner of the Baltimore Orioles. Must be something in the water along that stretch of I-95.

  • Report this Comment On October 21, 2009, at 1:20 PM, RetiredSurgeon wrote:

    I am commenting as a long-time Redskin Fan dating back to the 1950's when this team was worse than awful and you could buy game tickets at the door of old Griffith Stadium. We would debate about who was worse, The Redskins or The Washington Senators, now defunct. We did not have a winning season from 1955-1968. Under wonderful owner George Preston Marshall, not one single black player was hired or drafted until the early 1960's. You think Dan Snyder is slick- Marshall paraded Sammy Baugh around in a cowboy suit for promotional purposes among other publicity-seeking antics to make money for the early Redskins. The Redskins were the first NFL team to have it's own band,fight song, and later a T.V. appearances each and every week to the southern audiences of the 1950's. Hence, no black players. Thus, losing seasons year after year. OH HOW WE FORGET. History just doesn't matter, does it?. Sure we have a storied franchise but we older fans have seen alot worse and all the stories aren't so great.Believe me, Dan Snyder has his short-comings but he also has some good points as well. The Redskins have been sold out at home since 1966 which still continues to this day. They are one of the wealthiest franchises in PROFESSIONAL SPORTS, not just FOOTBALL.The Washington Redskins have some of the highest sales of memorabalia and items in the world of sports. They have been to the playoffs three times during the ten years of Dan Snyder's ownership, posting losing seasons only four times. Alot of other teams would love to be that successful, trust me. Where would we be without Randy Thomas, Santana Moss, Randel-El, Clinton Portis, Mike Sellers,and some of the other veteran players that were brought in, at the behest of the coaches mind you,and at the expense of the owner to make this team better? Let's face it, this was an overwhelming project for a 34 year old owner of such a huge business in 1999. He was young, immature in this endeavor and mistakes were made.But on his side: The first coach was inherited, not his hire. The second wanted too much say, eviedenced by his firing from other teams despite his excellent coaching record,and lack of return to the NFL since his latest dismissal. The third didn't work out and left the team on his own volition. The fourth coach was Joe Gibbs who retired on his own or would still be coaching. The last is Jim Zorn, the current coach.I'm sure the entire organization would have wanted things to work out better. Last but not least, when Sean Taylor, arguably one of the best defensive players in the league was brutally murdered, no CEO, no team owner could have acted with more class, more compassion, and more generosity toward the family, team, NFL, media, or the world for that matter than did Mr. Daniel Snyder. I am most proud of that achievement as a fan of this team and will always be grateful. Finally, we must all remember that this "slick" wall-street businessman did this , as he sponsers many other programs for the poor and disadvantaged in the D.C. area, at his own expense. After all, as a former solo- physician and businessman, I know what it is to re responsible for all the expenses and take all the risks.

  • Report this Comment On October 21, 2009, at 4:17 PM, gravyfries wrote:

    Yet it is the most highly valued NFL franchise on paper.

  • Report this Comment On October 21, 2009, at 4:17 PM, CommonSenseDude wrote:

    Dan Snyder is one of the worst owners in the NFL today. The tragedy is that he could easily become one of the best. But he refuses to do the very simple thing he needs to do in order to become that. He needs to take his hands off. He won't. We all suffer, as does his investment and his reputation. It's pretty tragic.

    Snyder has some fundamentals that would allow him to be one of the best owners in the league. He is willing to invest in his product. The problem is that he doesn't know what to invest in and, instead of trusting professionals to manage his investment, he does it himself. Like a day trader without knowledge of fundamentals of companies and market trends, he winds up losing and humiliated.

    But if he would do the prudent thing - show a little remorse and humility, offer a public mea culpa, and then hire a professional General Manager - and continue to be willing to spend money - within five years, he would be one of the most loved people in Washington. He could be forgiven if he decides now to stop doing so much damage and to admit he doesn't know everything. Washingtonians have forgiven Presidents who lied to us, players who killed animals, and politicians who smiled while taking our money. We can certainly forgive an overeager fan who got rich and thought he could run the team. What fan wouldn't act like that if they were able to own the team? But he's got to change and change now.

    I'm a life-long Skins fan who is disgusted with the organization today and who will not be buying any more gear until Snyder decides to do the right thing and take his hands off.

    All that said, I actually wrote a new fight song - for all of us 'Skins fans who want to see the franchise return to greatness. I wrote this when I was in a more angry state about the state of my team. But it still applies.

    The Fed-Up ‘Skins Fans Anthem

    (Sung to the tune of “Hail To The Redskns”)

    Failing The Redskins

    Failing All D.C

    Two guys who make me laugh

    Danny and Vinny

    Run and sign some guys who can’t play anymore

    If they’re worth ten million bucks give them twenty more

    Buy on, buy on ‘till you are broke

    And we can end this bad joke

    (Go! Go! Go!)

    Failing The Redskins

    Failing D.C.

    But don’t admit your own gaffes

    Just blame it all on Jim Z.

    I don't want Snyder to sell the team. He has the potential to be a great owner. I do want him to acknowledge that his talent is in marketing and that he's not a football guy in any sense of the word. I want him to turn the team's operations - all of it - to a professional NFL General Manager (bye, bye, Vinny). If he does this, this story will have a good ending and he'll be the subject of positive press years from now. If he doesn't do this and continues the way he's done things over the past ten years, his investment will suffer as will all of us who love this football organization.

  • Report this Comment On October 23, 2009, at 12:52 PM, IndyFool007 wrote:

    Good piece, Nick - - - and you didn't even include the management blunder of coercing Head Coach Zorn into giving up his playcalling duties to a new person Snyder yanked in off the scrap-heap. Managers like Snyder seem to have the mindset that leadership is all like a chess game of just putting isolated pieces on a board - - - no appreciation for development or chemistry, or establishing sound operating principles that produce productive alignment for the pieces working together to produce success. I suspect the roots of the problem may be arrogance combined with impatience and an inablity to think at all about slightly complex or multi-variable systems progressing over time (strategic thinking) - - - seems that these are qualities and abilities sorely lacking in many of the over compensated business leaders (who seem to fail on a regular basis). Thanks for pointing out a few of the good business leaders out there - I'm especially impressed with Sinegal of COSTO.

  • Report this Comment On October 23, 2009, at 8:24 PM, Deadskin2 wrote:

    Been a Redskin fan since 1956. Used to see them when they would play pre-season games at small fields. Could get tickets right behind the team. Had to be high enough to see over them. Finally, George Allen showed up. He got all he could out of his team each year. Respect started. Then Gibbs, who I thought was a mistake came in. Hail To The Redskins. Then Danny Boy showed up. We are probably still paying some of the over the hill players like George. He has done what noone in Congress has done, everyone hates him in DC. At least some congress people are liked. After charging for everything including the air, it still wasn't enough. He re-hired Joe Gibbs to save his skin. Joe took the job for the money for his race team and his love of the Redskins. He promised to bring them back and that was it. He did it and left. There went our last hope. It also amazes me how people like Danny Boy can make millions and then can't own a successful sports team. Our own hope is he sells the team which is out or he hires some good people and leaves them alone. To win in the NFL, you need a very good Coach, QB and General Manager. Right now the Redskins have none of this. They have some nice people, but that doesn't win. Where have you gone Don Bosseler, Sonny Jurgensen, Etc. Jim

  • Report this Comment On October 24, 2009, at 4:09 PM, keahou wrote:

    Developer of National Harbor is introduced to Dan. Great to meet you, Dan. It's Mr Snyder. OK Dan!

  • Report this Comment On October 26, 2009, at 2:01 PM, winebroker2000 wrote:

    You want a worse owner? Try Chris Cohan of the Golden State Warriors. This is a team that has only made the playoffs ONCE in his entire tenure as owner (18 years). All you need to know about this Bozo is that in the 1996 NBA draft, the Warriors passed on Kobe Bryant to take Todd Fuller, who was out of the NBA in five years . . .

  • Report this Comment On October 26, 2009, at 7:41 PM, CMFStan8331 wrote:

    I'm a life-long Dallas fan so this may count as piling on, but Dan Snyder has shown a truly remarkable level of incompetency. It's one thing to make egregious mistakes - we all do it from time-to-time - but most folks have SOME capacity to learn from the mistakes they do make. Mr. Snyder appears to be stunningly clueless.

    Dallas certainly has some ownership issues of its own but as problematic as Jerry Jones can sometimes be, there are many worse owners in the league. Of course as a Dallas fan I'm not EAGER for the Redskins to once again become a powerhouse, but there's also a part of me that wishes the rivalry was still special. It seems very unlikely that can happen so long as Washington's current owner remains in place...

  • Report this Comment On October 27, 2009, at 4:41 PM, wideglide711 wrote:

    I am in a very small handful of skins fans...having been GOING to their games since Sept. 1941...yes 68 years..they have been horrific but always tried..Jack Kent Cooke bought them....... made them into a proud & winning franchise again..we were all proud to be FANS of this mighty franchise..then 10 yrs ago disaster struck in the form of Dan Snyder..I did meet his father years ago....Mr. S had a coach named Shotenheimer who he gave FULL control to ..he immediately fired Cerrato..& after starting 0-5 like another great Skins coach..he finished 8-3 and was giving us great hope if only Mr.S could to stay away & let the experts do it..but alas Mr. S fired Marty & rehired Vinny you know why we drafted Devin Thomas while Devon Jackson was still available...until these two non football experts are out of here & are replaced with people like POLIAN,PARCELS as GM and people like COHWER,Shannahan & others as Coaches..we sadly have not seen the worst of this yet.because a true fan is just that..there with his love & loyalty in the bad times..we must remain supportive no matter how difficult that is right now.....

  • Report this Comment On October 28, 2009, at 8:11 PM, Carl9999 wrote:

    I am 62 been a fan since 1962. I've seen bad times but this is the to low for words.

    Like a spoiled brat I expect Dan to announce he is moving the team to LA where he can be with Tom, and few seem to care about pro football...meaning he can do what ever he wants, who will care? Tom & Kate&and the other pretty people?

    If this is the way business is done we now know why the country is in trouble.

  • Report this Comment On November 01, 2009, at 11:33 PM, at999 wrote:

    Check out this plan by Redskins fans to turn FedEx into a giant anti-Snyder sign:

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