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View Diary: Mitt Romney hits Costco (84 comments)

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  •  Bronx - for some periods of time (1+ / 0-)
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    Bronx59

    some of the professional leagues have made corporate ownership against the rules. I don't have any idea if any of the leagues still prohibit corporate ownership but your point that ownership could drive related businesses is certainly true and so you would expect teams to have corporate owners if it isn't prohibited.

    A business friend of mine owned an NBA team when it won a championship. He said it was the coolest thing ever. Shortly after that he realized that the economics were out of his league and sold the team to someone who had an order of magnitude more wealth.

    "let's talk about that"

    by VClib on Tue Dec 04, 2012 at 05:48:39 PM PST

    [ Parent ]

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