tazzygirl
Posts: 37833
Joined: 10/12/2007 Status: offline
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quote:
KAPLAN: It's not necessarily League problems, per se. The situation with the Steelers, they've been owned by the Rooney family since 1933. The five Rooney brothers own 80 percent of the team and each owns 16 percent. Their cousins own 20 percent. Under NFL rules the lead owner must have 30 percent. But the Rooneys have been exempted from that. So they've gone along swimmingly under this formula for a while, when suddenly some of the brothers' gambling interests in Florida decided to put in slot machines. And that runs afoul of NFL rules, and so they're requiring the brothers to sell. The problem is, Dan Rooney, if he wants to buy out one of the brothers, would have to spend probably $160 million, which he certainly doesn't have. ..... The thing that often gets overlooked in this is at the end of the day it's the NFL that decides who owns this team. And if they want Dan Rooney at the end of the day to own it, I think Dan Rooney will own this team. http://marketplace.publicradio.org/display/web/2008/07/17/nfl_ownership/ I had heard this before. Your outside interests can directly affect your ability to buy... or continue to own.. an NFL team.
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Telling me to take Midol wont help your butthurt. RIP, my demon-child 5-16-11 Duchess of Dissent 1 Dont judge me because I sin differently than you. If you want it sugar coated, dont ask me what i think! It would violate TOS.
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