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Old 09-04-2006, 07:12 AM
Benholio Benholio is offline
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Join Date: Jun 2004
Posts: 2,411
Default Re: Enormous wealth... what would you do with it?

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I'd take my mother out to dinner.

If she wanted French food, we'd go to Paris. If she was in the mood for Chinese...

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So I'd get an MLB team ...Then I'd buy so many players, people would start calling Steinbrenner...cheap.

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Steinbrenner spends $200M+ per year on players. You'd spend $300M? After three years, one of your ten B will be gone. You'll see that you're on the path to ruin, and you'll bail. You'll have the greatest fire sale in sports history.

IOW, you'll be Wayne Huizenger.

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This may come as a shock, but Steinbrenner makes money.

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ESPN Article

"However, Forbes said the Yankees lost $50 million last season because the team paid $77 million in revenue sharing. The New York Daily News also reported in December that the Yankees lost at least $50 million and possibly as much as $85 million last season."
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