Monday, December 8, 2008

Greedy Owners


No matter how much money the owners make from their teams, not all of them are willing to give back to their teams. I found this article pretty intriguing because I didn't think that owners treated their teams like this.
Also many owners use their money to buy the most expensive players, like Steinbrenner, and are looked down upon because they are abusing the fact that there is no salary cap. Owners can also be called greedy for not refurnishing their arenas, or building new ones. Fans are also outraged by their owners dis-interest in their team. By this I mean talking down about their teams, not attending games, etc. 
Also Receiving Votes:
  •   Bill Bidwell (Arizona Cardinals)
  • George Shinn (New Orleans Saints)
  • Bud Adams ( Tennesse Titans)
  • Michael Brown (Cincinnati Bengals)
  • Dan Snyder (Washington Redskins)

Friday, December 5, 2008

"For these team owners, it’s more than a game"


http://www.msnbc.msn.com/id/22190481

In today's sports world, many of the owners of the teams are running their teams through endevours that involve more than just sports. This article talks about owners like Jerry Jones selling real estate to help pay for the new stadium, or Dallas Mavericks owner Mark Cuban selling a website in order to gain the money necessary to purchase the team. I remember hearing on espnradio.com the other day that now a days, many of the sports owners have "side-jobs." Ways in which they earn their money outside of the arenas and stadiums have allowed owners to do more for their teams than those who just rely on their teams sales as their means of income. 
Russian soccer team owner Roman Abramovich was able to buy Chelsea, the English soccer giant. Knowing that the British are very hostile when it comes to their soccer teams, he quickly won over the fans by using his own money to buy "better" players that were more known. The worth of teams alone is collateral when it comes to the expenses that these owners are putting forth, therefore give the owners ample reason to go out and spend to make their players, and fans more importantly, happy.

Monday, December 1, 2008

Marbury's Troubles

http://sports.espn.go.com/nba/news/story?id=3733907
I cannot believe how terribly the Knicks organization is handling this situation. I don't see the point of them keeping Stephan Marbury with the team, when he is a cancer to the team. The owner, James Dolan is not giving his team and good publicity by keeping him around, and everything coming the way of the Knicks right now is very negative. They need to get rid of him, and bring in someone else who will help fill the seats.

Monday, November 24, 2008

How Deep Are The Owners' Pockets??

http://query.nytimes.com/gst/fullpage.html?res=990CE4D9123BF934A25752C1A96E9C8B63&scp=1&sq=sports+owners&st=nyt

In todays' sports world, many owners are having to make the decision of ways to cut costs, and ways to keep up with the trends of todays sports age, which are growing by leaps and bounds. While the economy goes down, the sports market stays relatively the same. "Lucchino told reporters that despite the global economic crisis he expected ''crazy competition'' for the elite free agents. He said that spending on high-end free agents would be largely unaffected by the downturn.

''I think it's a little too soon to feel the likely effects of this deep recession that the country is veering into,'' said Lucchino, whose Red Sox announced last week that they were freezing ticket prices. ''There may still be some crazy competition going on for this year's free agents.'' 

This is seemingly true. But where is this money coming from? I'd like to know how, even though there are still people going to the games, where is all of this money is coming from? What about these companies that are going bankrupt, how are they still supporting pro-teams? I know that people are still putting money in, but are they getting it out? How much are the owners willing to spend??

Thursday, November 20, 2008

Pujols' Role in Futbol??

http://www.bizjournals.com/stlouis/stories/2008/11/17/daily35.html?brthrs=1

My first re-action was "reall? thats pretty sweet." But now, after re-reading it and thinking about it, I'm not too sure about how I feel about this. Truly, what would his role be? A partner who just throws in the money with no say in the team? Or do his Hispanic roots play a role? I'm not sure what to think exactly. I feel as if he should be more worried about baseball, and not the decisions that go into running a professional sports team. 

Cuban on the Inside

http://www/bizjournals.com/milwaukee/stories/2008/11/17/daily20.html?brthrs=1

Mark Cuban has lost his mind. This is the worst publicity for him and the Dallas Mavericks. "Stern, who spent 10 years with the Securities and Exchange Commission, says the allegation against Cuban is particularly sensitive since he's dealing with an image-conscious professional sports league." The NBA has been in the foreground lately due to its involvements in betting and its forever frowned-upon "hip-hop" persona. 
By Cuban being involved in this accusation, he brings down the "stock" of himself and the league. This looks terrible by him while he is attempting to purchase the Cubs, and then people will also start to question where he is getting this money. IF Cuban is convicted of this accusation it will definitely be hard for him to maintain control of the Dallas Mavericks, and 100% lose his bid for the Cubs. Personally, I hope that he didn't do it, or has the charges dropped. He is a good young face for both leagues in which he is trying to be in, and I think could do some good for the MLB.

Sunday, November 16, 2008

Cuban and the Cubs

In todays sports world someone has to own the teams. Steinbrenner, Jones, Cuban, just a view names who are known in baseball, football and basketball respectively, not only for their teams success year in and year out, but also for the way they treat their teams. I came across this article however, and was appalled at the fact that the Major League Baseball Association won't let Mark Cuban, owner of the Dallas Mavericks, buy the Chicago Cubs.  I think that if Cuban was allowed to buy the Cubs that he would bring more of an up-to-date persona to the franchise, just like he did with the Mavericks. Give the man a chance!! The marketing side of this would great. Even though the Cubs sell out every game, Cuban might be able to bring in more players to the team with big names, which would lead to a boost in merchandise. I don't see what the big deal is in letting him buy the team. 

http://dealbook.blogs.nytimes.com/2008/11/11/mark-cuban-says-he-still-wants-cubs/