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Originally Posted by WilderPegasus
If there are owners like that over there why aren't there more owners like that here in North America? Or maybe they aren't just throwing money away. Billionaires generally didn't become billionaires by being fools.
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In the 90s I'd argue that there were a lot of owners like that in North America. That sort of reckless spending is what led to the economic collapse.
Knowing what we know now about the revenue of teams like St. Louis, Dallas, Colorado, etc. it seems ludicrous how they were spending as much money as they were back then on player salaries.