Imagine owning a sports team and having to sell it because you are going broke?
That sucks lol.
What say you Chargers bros? Excited to potentially be rid of Spanos?
pffft...Virginia McCaskey is going to outlive us all. The family isn't ever going to sell that team.Please happen to the bears ownership.
pffft...Virginia McCaskey is going to outlive us all. The family isn't ever going to sell that team.
A lot of the sports teams aren't particularly profitable year to year. A lot of them even lose some money. The big profit is when they sell the team 30 years later for 20 times what they paid for it lol.
A lot of the sports teams aren't particularly profitable year to year. A lot of them even lose some money.
Yeah, it's come up with a few teams. There's been a lot of times where some of the most profitable teams were garbage low salary teams too, but most owners I'd imagine like the social status of owning a team more than they care about the relatively shit rate of return year to year.The Davis family have this problem with the Raiders. Franchise worth 3 billion but some years they can barely afford to pay the full salary cap.
The Davis family have this problem with the Raiders. Franchise worth 3 billion but some years they can barely afford to pay the full salary cap.
The article in the Los Angeles Times regarding the sudden and unexpected dysfunction within Chargers ownership makes a claim that has gained significant traction.
I'll be very curious to see how well they fill that stadium, especially if they don't start playing better. I know there is some initial excitement in Vegas about the Raiders being there, but I have no idea how gung ho the fans are. Cause I can't imagine the tickets are going to be cheap.