By Scott Cacciola
“We anticipated needing two years to wipe the slate clean, and it never really is clean,” said Matt Williams, a former Wizards executive who now heads communications for the Washington Animal Rescue League. “You had to change everything, from court design to uniforms to luggage. It was almost like starting up an expansion team.”
One huge caveat is that the Redskins, with their zealous fan base and lucrative revenue streams, are neither the bottom-feeding Bobcats nor the Bullets. The Redskins make a lot of money. Last year, Forbes magazine assessed the Redskins’ annual revenue at $373 million. They ranked third in home attendance last season, behind the Dallas Cowboys and the Giants. Just as important, the Redskins share in the swollen coffers of the N.F.L., which generated $9 billion in revenue in 2012. The league receives more than $4 billion in annual television rights fees, which is split among its 32 teams.
So even if the franchise were to spend $10 million or $20 million to drop its nickname and rebrand itself, how much is that really?
“A drop in the bucket,” said Gabe Feldman, the director of the sports law program at Tulane University. Consider that the N.F.L.’s salary cap for the coming season is $123 million.
For more on the Washington Redskins, see Redskins Poll Reveals Fans' Hypocrisy and Taiwanese Video on Washington Redskins.