DC Native and former NBA player Brian Davis created major shockwaves in the NFL world after disrupting the sale of Washington Commanders this week. Dan Snyder was inches away from handing over the keys of ownership to Philadelphia 76ers and New Jersey Devils owner, Josh Harris. However, Davis swooped in with a bid that was too hard to refuse for some and too hard to believe for others. And, a new update about this deal has come to light and added a new angle to the whole saga.
Among the latter group falls former Maryland Terrapins and San Diego Chargers linebacker Shawne Merriman. Merriman vehemently protested the authenticity of the bid, speaking from his past experiences with Brian Davis.
Does Brian Davis have what it takes to own an NFL team?
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The most important quality that team owners in the NFL must possess, besides a winning drive and character, is equity. And ever since Brian Davis bid a whopping $7 billion to acquire the Washington Commanders, speculations have dwindled on the source of the alleged funds. Some have guessed Saudi-based investment, while others think Davis is linked up with fraudulent behavior.
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“My God He’s Done It”: Dan Snyder Has Finally Taken the Step Many NFL and Commanders Fans Were Waiting ForAccording to league mandates, team owners must own 30% of team equity. That comes to roughly $2.1 billion in a $7 billion offer. Shawne Merriman doesn’t think David is good for it. “BS Brian Davis doesn’t have the funds, tried to get me for $3M took his ass to court and won $4m. He owes a bunch of athletes money the other owners will never approve this,” the former Defensive Rookie of the Year and 3x Pro Bowler said.
BS Brian Davis doesn’t have the funds, tried to get me for 3m took his ass to court and won $4m. He owes a bunch of athletes money the other owners will never approve this. https://t.co/wuNFRdRWuf
— Shawne Merriman (@shawnemerriman) April 17, 2023
Merriman isn’t the only one who has taken Brian Davis to court over financial misdoings.
Davis’ history of legal troubles
Shawne Merriman lent Brian Davis and his Duke teammate and business partner, Christian Laettner, $3 million in 2007 for the duo’s real estate business. Merriman sued Davis and Laettner in 2009 when the loan defaulted, earning $4 million in court-awarded compensation.
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Besides Merriman, former Chicago Bulls legend Scottie Pippen sued Brian Davis when the latter failed to come up with the funds to buy the Memphis Grizzlies in 2006. Other than these notable cases, Davis has also been sued over the non-payment of vendors and athletes.
Davis said that he sold his assets to gather the $7 billion in an interview with WUSA9’s Darren Haynes. He plans to pay $1 billion in cash with the remaining $6 billion to be paid within the next seven days. And despite the bid being a billion dollars higher than Josh Harris’, the NFL still has to ensure that Brian Davis fulfils all his lead investor obligations.
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