Sunday, August 21, 2011
Kiley & Booms
From 2000-2002, Fox Sports Radio had the Kiley & Booms show, a sports-talk radio show that was part Mike & Mike, part Hannity & Colmes, part Abbott & Costello. Kevin Kiley & Chuck Booms had chemistry like no sports duo I've heard before or since. I just read that they're reuniting to host a morning sports-talk show in Cleveland. So in these post-LeBron days, at least Cleveland gets Kyrie Irving, and Kiley & Booms.
Thursday, August 4, 2011
NBA - Millionaires v. Billionaires
Here's an article that swung my sympathies much closer to the players.
"Purchased by Peter Holt in 1996 for $76 million, the Spurs are now (according to Forbes) worth $404 million. The Spurs lost $4.7 million in 2010 (again, according to Forbes), which was an aberration -- it was the first time in eight years that the team lost money. But Mr. Holt must have found solace in the fact that if he had sold his team at market value, he would have cleared around $300 million. On a 14-year investment. Or a little over $21 million per year. Even if his team had lost $4.7 million every year, Mr. Holt would not soon have been caught toting his bindle down the highways of America.
"NBA owners are like investors who want their stocks to provide them with dividends and gain value over the long run, but who won't admit to such lofty desires. Instead, they focus public attention on the fact that this year's dividend hasn’t been up to snuff. (Which, as I established at the outset, may or may not even be true.)"
"Purchased by Peter Holt in 1996 for $76 million, the Spurs are now (according to Forbes) worth $404 million. The Spurs lost $4.7 million in 2010 (again, according to Forbes), which was an aberration -- it was the first time in eight years that the team lost money. But Mr. Holt must have found solace in the fact that if he had sold his team at market value, he would have cleared around $300 million. On a 14-year investment. Or a little over $21 million per year. Even if his team had lost $4.7 million every year, Mr. Holt would not soon have been caught toting his bindle down the highways of America.
"NBA owners are like investors who want their stocks to provide them with dividends and gain value over the long run, but who won't admit to such lofty desires. Instead, they focus public attention on the fact that this year's dividend hasn’t been up to snuff. (Which, as I established at the outset, may or may not even be true.)"
Subscribe to:
Posts (Atom)