Quote:
Originally Posted by Jay Random
And if they believe that the investment has topped out at that price, they'll want to sell. They won't be satisfied with a zero return just because they made money in the past. That's also how it works.
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We're not talking about owning a box factory, mutual fund, or gas station. Franchises are a luxury purchase that happen to provide a pretty darn good ROI.
Beyond the dollars and cents, you have to factor the intrinsic value of owning a team - including the chance to have your name engraved on the cup, the guaranteed owner's box to every event, the rounds of golf with your best players, the competition/camaraderie you get to have with the other old white dude's that own teams, the envy you can relish from other rich dudes that aren't in this elite 123 member club in N.A., the way you can be both loved and hated by your fanbase.
Many of us pay ~$80 each year for an EA video game that gives us the chance to artificially experience a tiny element similar to the above - owning a team is getting to do it in real life (but there are only a few teams you can fleece in trade mode, not all of them).
So many times people in this thread have stated that Murray will want to get rid of the 'hassle' of owning the team. I suppose it's possible, just like another rich guy might get tired of the maintenance required on his vintage Ferrari. But when it comes down to it, they get to own something that very few others can, and there are few thrills in life like pressing down that gas pedal, or watching your team win a playoff game. Especially for people who can already own nearly anything, go anywhere, or experience anything they want to.