Quote:
Originally Posted by undercoverbrother
His point is that all(?) owners of professional sports teams go into ownership having made their considerable money in other industries/businesses.
Nobody is buying a team without considerable wealth behind them.
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Kinda goes without saying, rich people own sports teams, unless you're a packers fan you don't get to own a team.
Thinking just because an owner is rich he doesn't want a return on his investment is weird and I'd suspect wrong.
Getting Seattle to pay 650 million to join basically gives the benchmark for every team going forward. Their value is already $1.12 billion after a couple years, who cares about gate, $450 million net worth increase in two years is pretty good.