The U.S. House Oversight Committee sent a letter to the Federal Trade Commission on Tuesday saying it found evidence the NFL's Washington Commanders engaged in potentially unlawful financial conduct for more than a decade.
WASHINGTON — The U.S. House Oversight Committee sent a letter to the Federal Trade Commission on Tuesday saying it found evidence the NFL's Washington Commanders engaged in potentially unlawful financial conduct for more than a decade by withholding ticket revenue from visiting teams and refundable deposits from fans.
The business practice was known as"juice'' inside Washington's front office. And, if correct, it could spell significant trouble for Snyder and the Commanders. "We adhere to strict internal processes that are consistent with industry and accounting standards, are audited annually by a globally respected independent auditing firm, and are also subject to regular audits by the NFL. We continue to cooperate fully with the Committee's work.
Congress launched an investigation into the team's workplace misconduct after the league did not release a report detailing the findings of an independent probe into the matter. The committee said the NFL and the team"have taken steps to withhold key documents and information.'' The committee in the letter shared spreadsheet data showing evidence of deposits that were not returned. Citing emails and the testimony of longtime vice president of sales and customer service Jason Friedman, ticket sales from Washington games were shifted to a 2013 Kenny Chesney concert and a 2014 Navy-Notre Dame college football game as a way to"juice'' revenue and keep it off the books shared with the NFL.
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