24 years ago, Daniel Snyder purchased the Washington NFL franchise
Washington NFL Franchise History for $500, please: 'May 25, 1999' 'What is the day Daniel Snyder officially became the owner of the Washington Reds...
Washington NFL Franchise History for $500, please: 'May 25, 1999' 'What is the day Daniel Snyder officially became the owner of the Washington Redskins?' 'Yes, correct.' It was indeed 24 years ago Thursday when NFL owners cast a vote approving 'Mr. Snyder' as Washington's new owner to replace Jack Kent Cooke, who had died on April 6, 1997. By the way, the vote was unanimous. Snyder paid a then-record $800 million for the franchise and the rights to the then-Jack Kent Cooke Stadium, which is now FedEx Field.