: News Article:
Gary Lawless: Jets would have lost money if they spent to cap
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11-20-2012, 12:56 PM
The Eternal Skeptic
Join Date: Feb 2006
Originally Posted by
David Thomson is worth 23 billion dollars. He's the richest owner in all of sports. He could lose 50m every year for the rest of his life and not put a dent in his fortune. For these guys these teams are a plaything. When the time is right he'll spend and try to win.
Rich people don't get rich by tossing money around, or throwing money after bad money...it is a minor investment for somebody like Thomson, but he has made it perfectly clear that he anticipates the Jets to be a smart solid investment, not a money drain...not too mention he is only 50% owner, with the other 50% being Mark Chipman who cannot afford to throw money around on that level. Do not anticipate TNSE to treat these team as an expense.
I have no doubt we will follow a SJS/NSH type model...during lean rebuilding years we will be near the bottom on payroll, but we will spend when we have the team to spend. When it becomes time to rebuild again we will be cutting salary. The life of a mid market team...
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