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> > What's your take on this? Ultimately everybody who has made some serious money has thought about buying a sports team. America is very exteme in this rega
by JumpinJack_Cash 3y ago
> > What's your take on this?
Ultimately everybody who has made some serious money has thought about buying a sports team.
America is very exteme in this regard, it has about 200 professional teams which are all worth in excess of 700 million dollars and with some like the New York Yankees and the Dallas Cowboys which are worth in excess of 10 billions.
Many rich Americans are thus looking at other leagues across the globe to buy a team with more modest expenses but they are absolutely paralyzed by the thought of relegation which is strange considering that they could benefit from buying an even smaller team with even fewer money and benefit from promotion.
- GGs 3y agoOwning high-value teams raises questions about the genuine spirit of competition, with potential investors perhaps overlooking the possibilities in smaller teams that could offer unique and rewarding experiences.