“Did It for the Write Off”: Fans Scoff at Dan Snyder’s $49M Donation as Former Commanders Owner Secures Tax Benefits

Social media users aren’t happy with Washington Commanders’ ex-owner Dan Snyder. Although Snyder made a $49 million mansion donation for the noble cause, many mocked him for his “great deeds.”

Earlier in July 2023, Snyder sold his Washington franchise to a group led by Josh Harries, which also included Magic Johnson. This sale was pulled in the market for a record-breaking amount of $6.05 billion, which is the highest ever paid for a professional sports team in North America. This move was done as a result of his firing from the league for alleged financial improprieties and other charges. Now, once again, he is back in the news, selling off his other multi-million dollar home.

Dan Snyder’s Maryland house sold for a noble cause!

The Commanders’ former owner, Dan Snyder, donated his mansion in Maryland to the American Cancer Society. Snyder sold the mansion eight months after selling the team. He bought part of the property in 2001 from the estate of King Hussein and Queen Noor of Jordan for $8.64 million. Over time, he acquired more land, totaling 15 acres. The mansion, known as River House, spans 30,000 sq. feet and was completed in 2004.

Snyder lived there for almost 20 years before putting it up for sale in February 2023 for $49 million. After six months on the market, he reduced the price to $34.9 million. However, now, as per the reports, he sold off his luxurious mansion to the American Cancer Society, helping the needy.

However, this good cause didn’t fit well with the Twitteraties, as they mocked Snyder on social media, claiming that his move might be for tax benefits.

A person claimed Dan Snyder is not a good person?

Although donating luxurious and expensive mansions to cancer patients is a noble cause, for Dan Snyder, it became somewhat the opposite, as he recently faced backlashes on his deeds.

A person on Twitter, now X, asserted, “It couldn’t sell so he did it for the write off. He’s not a good person,” possibly indicating the charges Snyder faced by the league.

Someone chimed in saying, “It was on the market forever so I guess his CPAs said to just take the write off and shed the asset.”

Another one commented, ““Donating” a property you weren’t able to sell isn’t as praiseworthy as you think it is.”

A curious X user humorously wrote, “So they gonna turn it into a hospital? What is a foundation gonna do with a house except sell it? Lol”
Someone speculated of a tax-saving move, saying, “He couldn’t sell the thing so he is going to take the tax write off.”

Other than these, comments such as “we should not be praising this man,” or “He couldn’t sell it……,” all caught attention.

Despite facing criticism, it’s undeniable that Daniel Snyder’s decision to donate his mansion to the American Cancer Society could provide valuable support, particularly in a country with approx. 18.1 million cancer survivors as of January 2022, per National Cancer Institute.

Read more: Dan Snyder’s $6,000,000,000 Washington Commanders Sale is A Remarkable Increase From His $800M Investment