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09-13-2012, 09:19 PM
  #825
achdumeingute
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Quote:
Originally Posted by DownieFaceSoftener View Post
I think the latter is more likely. Owners are rich. They don't like loans. Loans usually imply interest. Their own money buys them more stake (usually) -- plus no interest.
I've read the NHL has offered no interest loans to teams for this sort of thing in the past...

Quote:
Originally Posted by DownieFaceSoftener View Post
Yep. And a commitment to losing money (at least up front). If you get to know a lot of rich people, it is not easy to get significant money from them. That's why they're rich. Heck, 80% of them drive used cars, for all that money they have. Fiscal people.
This is true.

Pro sports is a bit of a different business paradigm as a profit motive isn't the ultimate goal (for some owners).

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