Quote:
Originally Posted by Locke
Right. What did the Flames owners buy the team for? It was $16M in 1980.
Sure, they may have hemorrhaged cash for operations in the meantime but that initial $16M investment has grown!
Brand new teams with nothing are worth $500M.
So they've made some money on their investment. Thats how it works.
|
They didn't make anything unless they sell it