Brian Davis’s company sues over failed Commanders bid

Brian Davis - Duke
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During his brief moment of national relevance last month, former Duke basketball and NBA player Brian Davis insisted he would not sue if his effort to buy the Washington Commanders fails.

Technically, Davis hasn’t sued anyone. His company, however, now has.

Via Jason Morrin of, Urban Echo Energy has filed a lawsuit against Bank of America over the failed bid to buy the team. In the civil complaint, the company claims that Bank of America failed to present the $7.1 billion bid to outgoing owner Daniel Snyder and that, if Bank of America had done so, Snyder would have accepted it.

The lawsuit also contends that $5.1 billion had been deposited with Bank of America for the transaction.

“That doesn’t make any sense,” Davis said on April 19 regarding the possibility of a lawsuit, during an appearance on 106.7 The Fan in D.C. “That’s ridiculous. The last thing I would want to do is hurt the team, hurt the league, or anyone else. What I’m trying to do is make a contribution. What I want them to do is accept the capital so we can do something bigger and together, something collaborative. And as I said, I’m trying to be connective tissue. I would never sue anyone. I never sued anyone in my life. I’ve been sued, but I never sued anyone in my life.”

This lawsuit could be a precursor to a broader attack on the NFL’s rules regarding the purchase and sale of franchises. If the effort to force Bank of America to proceed prevails, at some point the argument will be that the league’s rules regarding the manner in which private companies are sold from one party to another constitute violations of the antitrust laws, since all 32 franchises are independent businesses.

Depending on the way this lawsuit unfolds, it could potentially plunge the entire sale process into chaos, delaying the sale to Josh Harris for $6.05 billion while Davis’s company tries to force the sale of the Commanders to him, regardless of whether he personally has the cash necessary to buy 30 percent of the team and regardless of the specific source of the money that would be purchasing the asset.

There has been at least one report raising the question of whether Davis’s financial backing traces to Saudi Arabia. Asked that question on 106.7 The Fan, Davis said, “My money comes from white people . . . who are Jewish, Italian, and Sicilian.”

Regardless of who his investors might be, Davis must have enough money to purchase without debt or investment 30 percent of the company in his own name. Unless, of course, he is able to successfully challenge the NFL’s rules and regulations regarding franchise ownership as antitrust violations.

If that’s where this is headed, and if it works, it would revolutionize the rules for NFL ownership, opening the door to private equity funds (domestic and foreign), corporate acquisitions, and in theory a decision by one or more current owners to take their teams public.

32 responses to “Brian Davis’s company sues over failed Commanders bid

  1. This is his way of showing the owners that they don’t have to accept Harris’s bid.

  2. At this point the Commanders would be better off with Antonio Brown as owner.

  3. I can’t believe this guy went to Duke. Then again, Duke has some shady former basketball players running around in the business world where no one can really say where they made their money.

    Laettner also falls into this category as well. People who know people know.

    This bozo is wasting his time and money with a lawsuit.

  4. Can you imagine having $7 billion to throw around but can’t buy what you want? I bet he’s furious.

  5. And the popcorn show starts. Anybody that thought this was going to be simple is a fool. The rest of us were waiting for the real show to begin.

  6. “and in theory a decision by one or more current owners to take their teams public.”

    That would be one spicy meatball.

  7. As much as I love NFL football I could learn to live without it. I am appalled by the greed of the owners and their efforts to squeeze every last nickel out of the fans. Take the Cowboys (or whichever team) public and put every game on PPV. Turn it into boxing or “pro” wrestling for all I care. Sue away, Brian Davis. Put them through the wringer.

  8. Honestly I don’t get why NFL owners don’t want teams owned by corporations. They’d sell for far more than they do to a single person.

  9. MortimerInMiami says:
    May 19, 2023 at 7:38 pm

    At this point the Commanders would be better off with Antonio Brown as owner


    I think you found the formula that would convince me to buy season tickets

  10. Uh-oh, maybe the sale won’t even close this year. The league has priced itself to the point that few can pull the trigger without lots of financial shenanigans..

  11. He’s already going back on his word, and that in itself is enough evidence that this type of person would harm the league. I mean, I realize lying has become mainstream lately, but the NFL doesn’t have to join that crowd. Doesn’t need to stoop to that level. Let this guy buy an XFL team.

  12. This guy is the sleaziest of all scumbags. Of course Snyder would have sold to him to screw the league over, but Davis doesn’t have 30% of $7M let alone $7B. NFL needs to rush the Harris approval to block some court from forcing them allow Snyder to accept a Davis bid (from whoever the money is actually coming from, cause everyone in the world knows it ain’t Davis’ money).

  13. When that guy came on the local radio and spat his absurd comments, I think everyone collectively knew this guy doesn’t have the $$ or resources to buy anything more than a hot dog stand

  14. In the name of equity, take my $10,000 and the title to my pickup truck.

  15. Oh no Brian Davis is suing now the Harris sale won’t go through!

    Or…Davis is an obvious conman with a shady history and this suit will go no where.

    Why are you all giving so much credence to an obvious conman. I know people want Washington to fail, but you are gonna put yourself in league with a common criminal? That’s just sad.

  16. I guess missing in the commentary is how this entity in charge of getting Snyder the highest selling price.. Is short changing him a cool billion. Not that I think anyone would cry for him but still.

    It’s for the nfl to ensure the t’s and i’s are where they need to be, and these guys to bring in the highest legit bid.

  17. So he’s not suing but the company he owns is? Explain to me how this is different.

  18. This bid should of been made public before the sale was agreed upon. It’s to late now.

  19. One, the last time this guy tried to bid on a professional team it fell through bc he couldn’t gather the full money and the money he did gather they couldn’t determine where it came from. Two, this guy is a phony and a fraud. Three the owners know that and do not want him. Four, bc of that, the bid never would have been accepted.

  20. He is suing BoA for $500 billion – a number he clearly pulled out of the air.

    This guy is a clown looking for an easy payout to make him go away.

  21. If you think the NFL owners are greedy now, imagine how greedy a profit-driven corporate ownership would be?

  22. Perhaps owning an NFL team (or any major league team) is a status symbol, but he’d be better off buying a USFL/XFL team, or on from each. With each passing year the NFL is really souring on people (myself included, and I say this as someone who is finally seeing his team on top), but people still love the sport. Right now he could buy one of the other leagues teams, simply squat on them and see if Cuban is right about his pigly prediction. The fact these leagues are getting renewed each season is a sign they may not be going away. And if they don’t, you’ve set yourself up for some massive windfall 20 years from now.

  23. Just another entitled product of the Duke Men’s Basketball program. I’m amazed Laettner and Grayson Allen aren’t part of his bid. They watched Coach K whine and moan and complain about everything he didn’t like, and figured that’s how grownups do it.

  24. He’s already going back on his word, and that in itself is enough evidence that this type of person would harm the league. I mean, I realize lying has become mainstream lately, but the NFL doesn’t have to join that crowd. Doesn’t need to stoop to that level. Let this guy buy an XFL team.

    Dude you do know that the NFL is already the most wealthy liars club around? Second, understand not to be swayed by how what you read is framed. It’s more likely than not that he was being truthful when he stated he wouldn’t sue but was given some legal advice and made a choice that’s his right to do. It’s what happens when you’re asked a question but then get more relevant information. In turn you then make a more informed decision. Imagine one’s ability to evolve as they get more information is stymied based on something they said at an earlier time.

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