Look, I love the guy and think he has been a great owner, but he bought the team for 85M. I've done some future value calculations and, if he sells the team for 2.6B (which I think is on the low end) he will have made an annual 15% compounded return on this investment. Seriously, why can't we go Green Bay Packers and turn this into an investment where folks can buy shares?
I was asking the same question on twitter and found it is prohibited by the League. I heard the packers grandfathered in. besides, where did you get 2.6B?
Can you imagine how terrible it would be if all owners had rights and we wanted to make changes to the roster?
Green Bay Packers? Ok if everyone has a share who decides who will be GM and coach? Anyway where are the ones who wanted Les to sell the team again? I would have expected those guys to jump for joy. Watch the new owner sell picks for cash like the Bulls do.
Jammed out to their album all the time back in the day.....in fact, still do! The IRS would disagree.... Yes, but the better question is 'why?' I also wonder if this has ever been contested in court...the leagues might have a difficult time defending that, as it prohibits various groups (namely, everyone?) from owning teams. I think the league doesn't like it because it puts the fans in control...something fans should be fairly upset about. How many issues with ownership would go away if municipalities could just own the teams? Probably a bigger deal in the NFL, where moving teams is more common (but Seattle might disagree with that). That wouldn't be an issue. Representatives would perform management roles, just as they do today. Consider that all voters have rights...but they elect leaders who run things. More directly...is this an issue for the Packers? No.
No, no they wouldn't. There are losses/profits along the way, inflation, etc. Les didn't make 2 billion minus 85 million lol.
