What hip? FedEx, the company, paid $205 million for the naming rights to the dumpster of a stadium. I'm sure they are ready for that deal to expire so they can stop being associated with the worst franchise in the league. The wealthy chairman, Fred Smith, purchased shares in the team (which I'm sure was a great investment, as even the worst franchises are still appreciating in value). He has attempted to sell those shares as of 2020. I don't think he's done that yet, but clearly he wants out financially.
Sure, the relationship between FedEx the company and the Washington franchise dates back to at least 1999. That is a long time. It's also most likely headed for a divorce. To think that Snyder "owns" FedEx (the company, not the stadium which is branded as FedEx Field as a sponsorship) makes about as much sense as saying that Jerruh owns AT&T and can somehow weild that company (stop connecting calls?) as a threat like Danny might (stop delivering packages?).