I’ve heard that the Green Bay Packers are actually owned by citizens.
Would it be possible for the citizens of North and South Carolina to band together and sell Certificates of ownership like Green Bay and have the team actually owned by the two states?
The current NFL rules wouldn’t allow it. To be approved to own a team, an ownership group must be led by single person who owns 30%. Under current rules, you couldn’t have public ownership. Green Bay is grandfathered in, but no new setup like that would be approved.
I doubt the league would allow that either, but I don’t know of any specific rule it violates. It may simply be disallowed since they can’t vet the owners.
I had some pretty nice dreams last night myself. However, they’re not going to generate clickbait for sports bloggers like mentioning the unemployed quarterback.
In other weird news. Vince McMahon might be serious about rebooting the XFL. The stock sale indicates he’s doing more than just blowing smoke.
NBC Sports - ProFootballTalk: Vince McMahon sells $100 million of WWE stock as XFL reboot plan continueshttp://profootballtalk.nbcsports.com/2017/12/21/vince-mcmahon-sells-100-million-of-wwe-stock-as-xfl-reboot-plan-continues/
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Hey, I just remembered- I’ve sexually harassed women. Where’s my 1.2 billion dollar payoff?
Dang it, why can’t I ever get punished like Jerry Richardson or Donald Sterling? Come on, throw the book at me!
He could even get the Con-Man-In-Chief himself as a “business” partner. Then they can blow an assload of Russian money, too. (Or perhaps do blow off a Russian Hooker’s ass)
So far, no state or city government has ever tried to invoke Eminent Domain with regard to a sports franchise, but I could almost welcome it.
Either have free enterprise or have socialism. No more of this godawful mixture we have now! Either let owners build their own facilities at their own expense and enjoy the profits… or let government build the facilities AND operate the teams. I can’t stomach governments subsidizing privately owned teams.