The Washington Football Team is a professional American football team based in the Washington metropolitan area. Formerly known as the Washington Redskins, the team competes in the National Football League (NFL) as a member club of the NFC East division. The team plays its home games at FedExField in Landover, Maryland, its headquarters and training facility are in Ashburn, Virginia. The team has played more than 1, 000 games and is one of only five in the NFL with more than 600 total victories. It was the first NFL franchise with an official marching band and a fight song, 'Hail to the Redskins'. Washington is valued at roughly US$4. 2 billion according to Forbes, making them the fifth-most valuable franchise in the NFL. The team was founded in 1932 as the Boston Braves, it changed its name to the Redskins the following year. The franchise moved to Washington, D. C., in 1937. The team won the 1937 and 1942 NFL championship games and Super Bowls XVII, XXII, and XXVI. Washington has finished a season as league runner-up six times, losing the 1936, 1940, 1943, and 1945 title games and Super Bowls VII and XVIII. With 14 division titles and 24 postseason appearances, they have an overall postseason record of 2318. Their three Super Bowl wins are tied with the Denver Broncos and Las Vegas Raiders, behind the Pittsburgh Steelers and New England Patriots (six each), San Francisco 49ers and Dallas Cowboys (five each), and the Green Bay Packers and New York Giants (four each). All of Washington's championships were attained during two 10-year spans.