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Washington commanders reportedly keep ticket revenue from visiting teams

According to Front Office Sports AJ Perez, Washington commanders may be in hotter water over an alleged scheme involving ticket revenue sharing.

Perez’s report says the House Oversight Committee received reports that the team withheld ticket revenue that was supposed to be shared with other NFL teams.

“According to NFL statutes, all teams are required to transfer 40% of ticket sales from each home game – less ticket processing fees and taxes – to the league, which then distributes the funds to visiting teams. “, wrote Perez. “At least one person has given information to congressional investigators in recent weeks that commanders have not passed on the full 40%, two sources with knowledge of the investigation told FOS.”

As Perez points out in the report, ticket revenue is a determining factor when calculating the NFL’s annual salary cap for teams.

The latest allegations of wrongdoing by commanders come after a report emerged Thursday that the House Oversight Committee’s investigation went beyond alleged workplace violations and has now delved into team finances.

The FOS report alleges the committee is now trying to confirm whether or not commanders used two books to track finances.

“At least one person familiar with the team’s financial health has already been interviewed by committee investigators, who are now investigating whether the commanders used ‘two books’ of financial information that paint a different picture of the situation. financial situation of the team,” Perez wrote.

Apparently, the scope of the investigation includes examining a debt waiver given to Washington Commanders owner Dan Snyder by the NFL, possible deceptive accounting practices and the pay disparity between male and female employees.

Sports Grp1

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