Quote:
Originally Posted by Monahammer
That's not the only way you can derive money out of capital gains in an ownership position. No doubt the owners have benefitted substantially from the value of the franchise increasing so dramatically over the last 20 years.
Agreed that there's a vanity or club like element to owning a sports franchise, too.
Highly doubtful we see the value drop away. Especially considering the new arena deal, which historically has greatly bolstered franchise valuation.
|
How does he derive value out of the team being more without selling it?