Sports As Business

I’m really tired of guys who are talking about the financial decisions of a team (either pro or con) saying “they’re running it like a business.” Of course they are, lemonhead, it IS a business. but a well-run business knows what its capital is worth. and it is willing to spend for value. and it realizes that you can’t make money without spending money.

 

The Chicago Blackhawks are run like a business–a very very BAD business. And the Colorado Avalanche are run like a business–a really GOOD business.

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