Quote:
Originally Posted by Snapolit1
Uber rich people no longer feel any obligation to even act like they care about civic matters and their communities. You can do nothing with a sports franchine and history suggests its a rapidly appreciating asset regardless. Rich getting richer. Buy a team a sit on your ass. History suggests that a great strategy.
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Absolutely. The best way to make an absurd amount of money is to be filthy rich to begin with. It also helps when the public gives them hundreds of millions to build up their real estate portfolio alongside a new stadium. And what do we get back? Ever-increasing ticket prices and local blackouts.
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