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Started By
Message
Cavaliers lost $40 million after 2015-16 season
Posted on 1/28/17 at 12:52 pm
Posted on 1/28/17 at 12:52 pm
5
Posted on 1/28/17 at 12:54 pm to LewisBell
Now granted, he does have the Quicken Loans money pouring in. But man he's throwing a lot of cash at an unprecedented amount
Posted on 1/28/17 at 1:02 pm to LewisBell
Feel like this is some fudging of accounting numbers to leak this to the media basically as a way to shut Lebron up
Kind of like how pretty much every movie loses money on paper
Kind of like how pretty much every movie loses money on paper
Posted on 1/28/17 at 1:02 pm to LewisBell
You could make an argument that he has raised the value of the team but the second LBJ leaves they are back to being a terrible team with no value. Hopefully the championship was worth it
Posted on 1/28/17 at 1:18 pm to LewisBell
I'm surprised more owners don't view their team as a recreational activity rather than a business.
Posted on 1/28/17 at 1:30 pm to TheWalrus
quote:
I'm surprised more owners don't view their team as a recreational activity rather than a business.
Maybe because it costs hundreds of millions of dollars to own one
Posted on 1/28/17 at 1:33 pm to TheWalrus
quote:It used to be like this, but then the money got bigger, so the teams became more important to the owners.
I'm surprised more owners don't view their team as a recreational activity rather than a business.
Posted on 1/28/17 at 1:35 pm to hiltacular
quote:
You could make an argument that he has raised the value of the team but the second LBJ leaves they are back to being a terrible team with no value. Hopefully the championship was worth it
it was. he spent more than any team in NBA history the past 3 years in order to facilitate the way for the first championship of any sport in CLE in over 50 years. think about that for a second. 50+ years. any more championships will be gravy
Posted on 1/28/17 at 1:35 pm to ballscaster
quote:
used to be like this
That false there peej
If anything the owners were MORE concerned about the dollars in the old days because they owned it as a business and not to become a celebrity which is basically what it is about today
This post was edited on 1/28/17 at 1:37 pm
Posted on 1/28/17 at 1:44 pm to wildtigercat93
quote:Of the 122 major North American sports franchises, can you name 20 of their owners off the top of your head? There are relatively few "celebrity" owners.
That false there peej
If anything the owners were MORE concerned about the dollars in the old days because they owned it as a business and not to become a celebrity which is basically what it is about today
Posted on 1/28/17 at 1:46 pm to ballscaster
That's because most have been passed down the family
When big time sports franchises like the NBA or NFL come up for sale, the guy that are buying it want the celebrity that comes with it. and there is a celebrity to it that comes with the major city you're in
When big time sports franchises like the NBA or NFL come up for sale, the guy that are buying it want the celebrity that comes with it. and there is a celebrity to it that comes with the major city you're in
Posted on 1/28/17 at 2:06 pm to ballscaster
quote:most people can... the money and news coverage makes them celebrities
Of the 122 major North American sports franchises, can you name 20 of their owners off the top of your head? There are relatively few "celebrity" owners.
Posted on 1/28/17 at 2:14 pm to chalmetteowl
quote:Most people can't name one. Most sports fans couldn't name 20.
most people can
Posted on 1/28/17 at 2:51 pm to LewisBell
Nice 1st
Posted on 1/28/17 at 3:41 pm to ballscaster
I would think most people know who owns their local teams... and most who read these boards see owners mentioned enough that they can name 15 in the NFL, 10 in the NBA, and 5 in MLB
Posted on 1/28/17 at 4:00 pm to wildtigercat93
But the guys who own teams are worth billions and undoubtedly have more than one way of making their money. I just always assumed they view this as a way to have fun with other guys who have too much money then they know what to do with.
Posted on 1/28/17 at 4:03 pm to LittleRockHog501
I thought the Lakers and Raiders had situations where the team is basically the family's income. That's why the Lakers gave Kobe insane money at the end -- really, just for TV deals and tickets. But, I'm assuming the teams are toys for pretty much everyone else.
Posted on 1/28/17 at 4:14 pm to Fus0623
quote:
But man he's throwing a lot of cash at an unprecedented amount
He still made weak decisions this past offseason.
Posted on 1/28/17 at 6:46 pm to Bunk Moreland
quote:Well yeah, and also bc the salary cap prevented him from getting what he was worth...
That's why the Lakers gave Kobe insane money at the end -- really, just for TV deals and tickets.
Posted on 1/28/17 at 8:45 pm to chalmetteowl
Benson
Buss family
Kraft
Jerruh
Blank
Cuban
Irsay
Blazers guy forgot his name atm
Al Davis son(?)
Snyder
Gilbert
Reinsdorf
Green Bay inc.
That's all I got.
Buss family
Kraft
Jerruh
Blank
Cuban
Irsay
Blazers guy forgot his name atm
Al Davis son(?)
Snyder
Gilbert
Reinsdorf
Green Bay inc.
That's all I got.
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