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No sympathy here for “struggling” owners

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Bet you can’t wait until Robert Sarver, Dan Gilbert and Wyc Grousbeck hold an All-Star meeting at FIU.

I’m sure I’ll be getting plenty of questions about tickets for that.

No one goes to see an NBA owner.

And no one should be sympathetic to their pleas of poverty either.

Are some losing money on their teams? Yes. Have some of their own decisions contributed to the losses? Of course.

According to Yahoo! Sports, Suns owner Sarver — who has been gutting his roster for the past several years, while selling draft picks that became stars or solid pros elsewhere — whined during a meeting with players that he hadn’t made the profit he’d expected when he sold the team.

Sarver is not one of the richer owners. His net worth is only $400 million or so, according to Forbes magazine. He purchased the Suns at a price of $401M and, according to estimates, they are now worth roughly the same amount.

But who guarantees any business owner, in any industry, a strong return on their investment?

In how many businesses are costs of labor artificially set?

Good sports owners see teams for what they are — toys, prizes, trophies. If you can make money on them, all the better, and you usually will upon the sale.

But the whining is unbecoming.

And the fans should be unsympathetic.


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