Daniel Snyder, majority owner of the Washington Football Team since 1999, has a net worth of approximately $2.6 billion. Naturally, with that amount of wealth comes some sweet, exotic rides, such as the $250,000 Aston Martin Vanquish. At least, until he lost it to current ESPN analyst Louis Riddick in a bet.
How Louis Riddick and Daniel Snyder first came together
Louis Riddick had a brief career as a safety in pro football in the 1990s. The San Francisco 49ers selected him in the ninth round of the 1991 NFL Draft (yes, the ninth round — it used to go twelve rounds long), but he never played a snap with the team. He started his career with the Sacramento Surge of the World League of American Football. In all, Louis Riddick played for five different teams in three different leagues, finishing with the Orlando Rage of the original XFL.
Riddick’s playing career was nothing special; he started in only eight games across six NFL seasons. However, he would find a higher calling after his playing career ended.
In 2001, shortly after his one-year run in the XFL, Riddick found a job with Washington as a pro scout. Three years later he ascended to Director of Pro Personnel. During his six-year run with the team, Washington landed talented players such as Santana Moss, LaRon Landry, and London Fletcher.
Daniel Snyder puts a $250,000 car on the line
Riddick, now an NFL analyst for ESPN, appeared as a guest on the ESPN Daily podcast earlier this week and briefly discussed his time in Washington.
During that six-year stint, Riddick had a close relationship with team owner Daniel Snyder. So close, in fact, that the two of them often played racquetball. According to Riddick, the games were often one-sided in his favor.
“I used to whoop him pretty good,” said Riddick. “And I used to talk to him and tell him, ‘Are you gonna challenge me today or what?’”
In response, Snyder made the ultimate wager. If Riddick shut him out 11-0 in the next game, he could take home Snyder’s brand-new Aston Martin V12 Vanquish. Riddick doesn’t give a date for when this happened, but according to Car and Driver, a brand-new Vanquish would have cost roughly $250,000 around this time.
Dan Snyder is true to his word for once
In hindsight, this might not have been the best idea. Snyder, a scrawny non-athletic executive in his 40s, went up against a former NFL player. Then again, this is the same owner who thought it was a good idea to hand Albert Haynesworth a seven-year, $100 million contract.
The match turned out as predicted.
“I was like, bam, bam, bam, bam! 11-nothing, boom! Just like that,” said Riddick. “And he was pissed.”
After two weeks went by with no new car, Riddick began to suspect that his boss and racquetball partner had lied to him. But to Snyder’s credit (these are three words we don’t often write next to Dan Snyder’s name), Snyder honored the agreement and Riddick became the proud owner of a brand new Aston Martin V12 Vanquish.
“His driver is sitting there with him, and [Snyder] points at the keys, and he picks them up and he throws them at me,” says Riddick. “And he goes, ‘If you scratch it, I’ll be commandeering your salary forever.’”