Fun fact: if the ownership group bought the team for $16M in 1980 and sold it today for $450M, that's a 10% rate of return. That's not exactly the type of return to be expected from a private, entrepreneurial venture. Factoring in inflation over that time period and you get a real return of 7-8%. They've probably lost 10s of millions of operating dollars along the way as well. Goes to show, owning sports teams isn't all that lucrative unless you're in the very top markets.
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