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11-18-2012, 03:59 PM
f/k/a Ghost
MAROONSRoad's Avatar
Join Date: Feb 2007
Location: Maroons Rd.
Country: Canada
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And all the teams would be worth a near equal amount - say $100 to $150 million.

So the owners of the Leafs that just purchased the team for $500 million would lose $400 million in equity. Other owners would see their team values rise or fall tremendously. In other words, you would see a transfer of wealth among owners.

Welcome to communism.

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