Quote:
Originally Posted by stone hands
can we stop pretending for one second that billionaires own sports teams because it a sound investment vehicle instead of it being an extremely prestigious toy they can flaunt to their other billionaire friends and are in the hockey business because they personally want to own a hockey team and no other reason?
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Atlanta Flames were purchased for $16 million. Seems like it’s been a sound investment vehicle for the owners who were in at the beginning.