• givesomefucks@lemmy.world
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    3 months ago

    Find me one person rich enough to own an NFL team that doesn’t feel like they should have more money…

    You’re right that they all make a profit and owners get that profit. I’m saying they want more money.

    Slicing off 10% gets a huge check now, and if they’re ever dumb enough to sell, 90% is probably gonna be the same price as 100% because of scarcity of NFL teams and being one of the few investment opportunities at that level that absolutely guarantees income along with an increase in valuation.

    It’s just a cash grab. And like I said, they likely colluded to set the price, there’s only so many NFL teams. So if they all give a big number, that’s what the number is.

    • conciselyverbose
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      3 months ago

      That’s not my argument, just that there isn’t any difference between owners getting their profits and a stock dividend.