Date: November 12th, 2012 4:03 PM Author: snowy fragrant theater people who are hurt
These teams are valued at $1-2++ billion and these owners just hand the reigns to their completely unqualified kids and shit. Here Jimmy, take the Lakers for a test drive!
Date: November 12th, 2012 4:06 PM Author: snowy fragrant theater people who are hurt
still, this isn't just fake money. some of these franchises are highly profitable. and even though jerry buss has a controlling stake in the lakers, there are minority shareholders who he owes a fiduciary duty. how can he just let his son run the team like this? fucking dumb.
Date: November 12th, 2012 4:16 PM Author: Motley really tough guy
yeah, well, that's one of the perks of being born into wealth. you can fuck up incredibly badly, but it makes no difference, because you're still fucking loaded.
Date: November 12th, 2012 4:07 PM Author: snowy fragrant theater people who are hurt
fuck. if i had worked my ass off to build up a business empire so that i could purchase a pro sports team, i wouldn't hand the team over to some knucklehead loser like Jim Buss, even if he were my son.
Date: November 12th, 2012 4:12 PM Author: snowy fragrant theater people who are hurt
i know there's revenue sharing for TV deals and shit in the NFL, but isn't there value from being a winning team separate and apart from that revenue stream? there's got to be. otherwise every NFL franchise would have the same valuation.
Date: July 6th, 2026 9:21 PM Author: Razzle step-uncle's house
you're aware that most businesses aren't actually run by the guy at the top in any meaningful way right? You leave a team of pros who do all of the work. The owner just has to not *insist* on doing something retarded and his job is done.
Date: July 6th, 2026 9:31 PM Author: Blathering Dilemma
(i) there's a ton of nepotism in all businesses
(ii) they are basically madnated to have an individual owner so you don't have stockholders or other investors (other than limited partners) who can say no
(iii) many owners buy the team so their kids think they are cool
(iv) where do you think a kid is going to want to "intern" - The Phoenix Suns or his dad's mortgage laon servicing company?
(v) it's not that hard. you just hire the assistant GM or assistant coach from the hot team and had them the reigns. The most surprising NFL coach the past 5 years was Brian Schottenheimer because the Cowboys are unorthodox - and the guy they're "taking a chance on" has been around the NFL for 40 years and coached teh Cowboys own offense at one point.