The Washington Commanders released a statement Wednesday saying that owners Dan and Tanya Snyder have hired Bank of America Securities to consider "potential transactions" involving the franchise.

"Dan and Tanya Snyder and the Washington Commanders announced today that they have hired BofA Securities to consider potential transactions," the team said in a statement.

"The Snyders remain committed to the team, all of its employees and its countless fans to putting the best product on the field and continuing the work to set the gold standard for workplaces in the NFL."

It was unclear from the team's statement whether the Snyders are exploring selling their stake in the franchise or if they are seeking to sell a minority share.

However, a team spokesperson told ESPN's Adam Schefter that all options were being considered.

"We are exploring all options," the spokesperson said.

Congress continues to investigate Dan Snyder for the workplace culture created during his ownership. The NFL, led by attorney Mary Jo White, also is investigating Snyder for a second time, stemming from an allegation of sexual misconduct. The first investigation resulted in a $10 million fine of the organization.

There also are investigations by the attorney generals in Washington, D.C. and Virginia regarding financial improprieties by the organization, which the team has denied.

Last month at the NFL's fall meeting in New York, Indianapolis Colts owner Jim Irsay became the first NFL owner to publicly call for the league to seriously consider removing Snyder from NFL ownership.

"I believe there is merit to removing him as owner of the [Commanders]," Irsay said from the hotel lobby of the Conrad New York Downtown. "There's consideration that he should be removed."

The league requires 24 of 32 owners to approve such a vote, which never has been done at the NFL level.

A Commanders spokesperson called Irsay's comments "inappropriate" and said results of current investigations will cause Irsay to see Snyder in a better light. The team's statement said that "there is no reason for the Snyders to consider selling the franchise. And they won't."

Commissioner Roger Goodell told reporters at the fall meeting that he had "little to no discussion" with ownership about the Snyder issue, in large part because White's investigation is not complete.

A recent ESPN investigation detailed the matter while painting Snyder's shrewd plans against fellow owners and Goodell, using private investigators to acquire "dirt" from their past.

Snyder sent a letter to fellow NFL owners addressing the ESPN investigation and refuting his alleged use of private investigators.

"That is patently false and intended to erode the trust and goodwill between owners that I take quite seriously," he told his counterparts according to the letter, which was obtained by ESPN and dated Oct. 17. "I have never hired any private investigator to look into any owner or the Commissioner. I have never instructed or authorized my lawyers to hire any private investigator on my behalf for any such purpose. And I never would."

Snyder bought the franchise for $800 million in 1999. The franchise is now worth $5.6 billion, according to Forbes.