I am totally against racial and ethnic disparagement or other language that might run afoul of Title VII if uttered in an employment or public accommodation setting, but I will make an exception if someone is willing to pay me somewhat under $2 billion for a gently used Monopoly game.
An upshot - the trust is going to have to cough up a little more than half a billion in capital gains tax (since the team was bought at $12.5 million and sold for this ludicrous sum).
The next round of bargaining with the players is going to be fun, considering the owners pleaded poverty last time to get the players to agree to concessions. Considering a team that has won zero championships (Clippers), and one that won their only title when Richard Nixon was still President (Bucks) just sold for around $3 billion total, I don't think poverty is gonna fly.
Can we shut up now about how his rights were violated by "taking away" his team?
Hell, at this point someone would claim creating jobs is killing jobs. See also solar roads
I am totally against racial and ethnic disparagement or other language that might run afoul of Title VII if uttered in an employment or public accommodation setting, but I will make an exception if someone is willing to pay me somewhat under $2 billion for a gently used Monopoly game.
An upshot - the trust is going to have to cough up a little more than half a billion in capital gains tax (since the team was bought at $12.5 million and sold for this ludicrous sum).
The next round of bargaining with the players is going to be fun, considering the owners pleaded poverty last time to get the players to agree to concessions. Considering a team that has won zero championships (Clippers), and one that won their only title when Richard Nixon was still President (Bucks) just sold for around $3 billion total, I don't think poverty is gonna fly.
GOP legislation to exempt sportsball team owners from outrageous job-killing taxes, coming right up!
They don't have any money left to pay the players 'cause they spent it all to buy the team.