KC vs St. Louis

[CivEFootball]

This is a Tech9 vs Nelly debate.

 

[1SEIACLONE]

As a fan you always want your owner to blow his money on your team, but in reality it's the other family business that allows you to buy the team in the first place. However any good owner would have dipped a little money out of the Wal-Mart fund to get a better ROI on the baseball investment. They did pledge a little more money to the Royals after the few good seasons but I think it was just money they got for better attendance from winning. I still maintain that the bullpen was what won the WS. Guys like Hosmer,Moose, and Gordon were nice players but not the caliber of Witt so I hope they dont blow this one. I like the fact Sherman is the leader of an ownership group though because I feel like those guys are more committed to winning than strictly making money. Their aggressiveness in terms of getting a new stadium tells me they want to compete. Pro sports are a 50/50 proposition. I think Sherman and his group are working hard its just up to the people of greater KC to get a stadium deal done.

I get what you are saying, but at the time Glass owned the Royals, he was part of the richest family in the country. With that type of money, you do not need to be worried about ROI, and if you are, then why are you purchasing a sports team? Invest the money into something else that will make you even more of a return. Some people build museums or give money to causes they support, why not use that money to purchase a team with the goal of winning championships, and worry less on getting a nice return on your money, its not like you are going to be going broke, and if you are, then you have no place purchasing the team anyway.

The Chiefs are much the same way, the Hunt family is the 2nd riches ownership group in the NFL, and could easily build a new stadium themselves, but are playing the stadium game to enrich themselves even more. Its their right to do it, they own the team, but it gets harder and harder for the average person to keep paying more in taxes, so wealthy team owners can just make more money than what they are currently doing.

 

[deadeyededric]

I get what you are saying, but at the time Glass owned the Royals, he was part of the richest family in the country. With that type of money, you do not need to be worried about ROI, and if you are, then why are you purchasing a sports team? Invest the money into something else that will make you even more of a return. Some people build museums or give money to causes they support, why not use that money to purchase a team with the goal of winning championships, and worry less on getting a nice return on your money, its not like you are going to be going broke, and if you are, then you have no place purchasing the team anyway.

The Chiefs are much the same way, the Hunt family is the 2nd riches ownership group in the NFL, and could easily build a new stadium themselves, but are playing the stadium game to enrich themselves even more. Its their right to do it, they own the team, but it gets harder and harder for the average person to keep paying more in taxes, so wealthy team owners can just make more money than what they are currently doing.

I agree but keep in mind most owners aren't lifelong fans who live in the place they own the team. Most owners are business people and as long as the team isn't running in the red they dont care. Professional sports I s better when owner actually care about their teams. The Glass family might have increased payroll by 150million but they were never dipping into the other fund to produce a winner. They only care about numbers. If you look historically at pro sports franchises that are successful it teams that owners basically own the team and nothing else significant to that level. They were smart enough to increase payroll based of the team profits alone but not big enough fans in general to tap into the family wealth. Hence=s$it owners

 

[CloneJD]

I must be the only person that loves me some St. Louis style pizza

You may be. It’s the worst pizza i’ve ever had. IMO’s must be dealing out the back to stay in business this long.

 

[1UNI2ISU]

I love Arch Madness, by the way.

I got you! Just joking around!

 

[1SEIACLONE]

I agree but keep in mind most owners aren't lifelong fans who live in the place they own the team. Most owners are business people and as long as the team isn't running in the red they dont care. Professional sports I s better when owner actually care about their teams. The Glass family might have increased payroll by 150million but they were never dipping into the other fund to produce a winner. They only care about numbers. If you look historically at pro sports franchises that are successful it teams that owners basically own the team and nothing else significant to that level. They were smart enough to increase payroll based of the team profits alone but not big enough fans in general to tap into the family wealth. Hence=s$it owners

Then why purchase the team unless you want to stroke your ego and be in the club of people that own a team? The price of these organizations is getting into the billions of dollars anymore, and you have to be super wealthy to purchase one of them. The days of the family owning the team for generation is coming to an end, and are few and far between now.

Look at the Cardinals, the DeWitts purchase the team, old Busch stadium and the two parking garages around the old stadium for $150 million, they immediately sold off the parking garages for $50 million, so they got the team and stadium for $90 to $100 million. They already owned the land around the stadium and got the city to pay for roughly half of building the new stadium. I will say, they did not pinch money on the new stadium, like they did in Cincinnati and other places. They have built Ball Park Village, and now Ball Park Village part two, the large building with the blue glass you can see from the stadium. According to Forbes the team is now valued at $2.3 billion, with revenue of $373 million in 2024. That is making a lot of money on an original investment of $150 million.

 

[deadeyededric]

Then why purchase the team unless you want to stroke your ego and be in the club of people that own a team? The price of these organizations is getting into the billions of dollars anymore, and you have to be super wealthy to purchase one of them. The days of the family owning the team for generation is coming to an end, and are few and far between now.

Look at the Cardinals, the DeWitts purchase the team, old Busch stadium and the two parking garages around the old stadium for $150 million, they immediately sold off the parking garages for $50 million, so they got the team and stadium for $90 to $100 million. They already owned the land around the stadium and got the city to pay for roughly half of building the new stadium. I will say, they did not pinch money on the new stadium, like they did in Cincinnati and other places. They have built Ball Park Village, and now Ball Park Village part two, the large building with the blue glass you can see from the stadium. According to Forbes the team is now valued at $2.3 billion, with revenue of $373 million in 2024. That is making a lot of money on an original investment of $150 million.

Because billionaires are bigger tighter asses than people making 80-100k a year. They think owning teams will help them in their other ventures more too. Its about accumulating assets as much as anything. These people have a different thought process than you and I. The Hunts are no different really. They just have slightly more humility than most others.