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.

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