If they were holding an auction for your favorite sports team, what qualities would you look for in an owner?
Here are mine:
– Engaged and involved, but not micromanaging
– Willing to spend a lot of money, but not throwing it around willy-nilly
– Patience and foresight, but knowing when to cut your losses.
– Civic-minded
Dedication to winning, and respect for the knowledge of the general managers, coaches, scouts and talent evaluators in the organization. When the owner decides he’s going to override the plans of the actual [sport] people, and pursue players who pique his fancy instead of letting a strategy take hold, it’s usually a disaster.