"many lose money on their teams" - sorry for the improper use of the quote function, but this quote is not factual. Even with their cooked books the owners who "lose" money in any given year more than make up for it with the increase in equity value of their franchise. Again, I'm always amazed at the average Joe who sides with the passive Billionaire over the Millionaire busting his butt. Not to mention the fact that for every AP or Barry Bonds there's 200 former pro's working the local batting cages for 30 bucks an hour.
Edited to say I'm not including the NBA or NHL where arguably some of the owners could be put into the "hobbyist" category.
Last edited by bobbvc; 03-31-2011 at 10:48 PM.
Reason: excusing the NBA/NHL
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