Norman Braman Isn’t Who You Want to Hear it From, But You, the Sports Fan, Are Still Getting Screwed
Feb 11, 2013, 1:39 PM EST
He’s not a popular figure in this town, and he’s the last person you probably want to listen to, but at least in this case, he’s right.
“This is still welfare for a multi-billionaire,” Braman told WSVN News in Miami. “It’s wrong.”
1. The league/certain owners is/are losing money and need a greater percentage to remain or become fiscally solvent.2. The owners are entitled to their share of the profits — whatever that share may be — because they assume the risk of owning the business/franchise in the first place.
But, really, what risk? When owners dangle the threat of relocation over a city or state in order to shift stadium costs onto the public, the risk of owning a franchise is greatly minimized, if not erased. One of, if not the single greatest risk an owner can assume is in stadium investment, as it requires such large sums in the modern era.
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