Comments on: When Will Foreign Ownership of US Sports Teams Start ? http://blogmaverick.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/ the mark cuban weblog Sat, 21 Nov 2009 06:51:49 +0000 http://wordpress.com/ hourly 1 By: Aaron http://blogmaverick.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40503 Aaron Wed, 30 Apr 2008 16:45:05 +0000 http://blogmaverick.wordpress.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40503 Unfortunately in the NBA the concept of foreign ownership did not arrive soon enough for the Seattle Sonics. I really can\'t see an owner who is committed to winning and profitability making decisions on par with the ones made by the current ownership group from Oklahoma City. Obviously, tradition, winning and long-term success are not important to the current Sonics owners (apparently, neither is honesty or integrity).<br><br>From a fan standpoint, I don\'t see foreign ownership as a necessarily bad thing. Look what Roman Abramovich has done with Chelsea FC. The Japanese owners have done a decent job with the Seattle Mariners and Manchester Utd and Liverpool are still doing well (to go back to Premier League examples). <br><br>From an ownership standpoint, the risk that the dollar will continue to devalue compared to major foreign currencies is mitigated by the insane appreciation of team value. Of course, if the dollar rebounds they would stand to make a killing.<br> Unfortunately in the NBA the concept of foreign ownership did not arrive soon enough for the Seattle Sonics. I really can\’t see an owner who is committed to winning and profitability making decisions on par with the ones made by the current ownership group from Oklahoma City. Obviously, tradition, winning and long-term success are not important to the current Sonics owners (apparently, neither is honesty or integrity).

From a fan standpoint, I don\’t see foreign ownership as a necessarily bad thing. Look what Roman Abramovich has done with Chelsea FC. The Japanese owners have done a decent job with the Seattle Mariners and Manchester Utd and Liverpool are still doing well (to go back to Premier League examples).

From an ownership standpoint, the risk that the dollar will continue to devalue compared to major foreign currencies is mitigated by the insane appreciation of team value. Of course, if the dollar rebounds they would stand to make a killing.

]]> By: habil http://blogmaverick.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40500 habil Thu, 03 Apr 2008 13:09:44 +0000 http://blogmaverick.wordpress.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40500 The Seattle Mariners are owned by Nintendo. The Seattle Mariners are owned by Nintendo.

]]> By: Sport http://blogmaverick.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40494 Sport Tue, 11 Mar 2008 21:45:52 +0000 http://blogmaverick.wordpress.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40494 It\'s interesting and strange at the same time that world (Russian, Indian...) billionaiers would invest in football (soccer) clubs in all parts of Europe including Eastern Europe rather than in the USA based Sports club even with $ worth going down lately. It may be that the concept of American professional Sports stayed the same for decades, once successful nowadays is becoming out-dated. It\’s interesting and strange at the same time that world (Russian, Indian…) billionaiers would invest in football (soccer) clubs in all parts of Europe including Eastern Europe rather than in the USA based Sports club even with $ worth going down lately. It may be that the concept of American professional Sports stayed the same for decades, once successful nowadays is becoming out-dated.

]]> By: rasyid http://blogmaverick.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40453 rasyid Mon, 10 Mar 2008 22:30:23 +0000 http://blogmaverick.wordpress.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40453 Nice article, I\'m waiting for another.! Nice article, I\’m waiting for another.!

]]> By: Educated Bet http://blogmaverick.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40491 Educated Bet Sat, 08 Mar 2008 11:21:29 +0000 http://blogmaverick.wordpress.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40491 I has already begun unless you dont think Canada is a foreign country.<br>Peace...Iron Mike I has already begun unless you dont think Canada is a foreign country.
Peace…Iron Mike

]]> By: Micro Krediet http://blogmaverick.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40490 Micro Krediet Sat, 08 Mar 2008 09:33:23 +0000 http://blogmaverick.wordpress.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40490 Foreign ownership may help to expand the audience. The World Series may eventually be the WORLD series.<br><br>gr,<br>Micro Krediet Foreign ownership may help to expand the audience. The World Series may eventually be the WORLD series.

gr,
Micro Krediet

]]> By: simon http://blogmaverick.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40460 simon Fri, 07 Mar 2008 12:01:59 +0000 http://blogmaverick.wordpress.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40460 interesting post, though nfl and mjb probably are too unfamiliar for european billionaires. because of national traditions i think nhl or nba would be one of the first leagues to go since those sports got strong ties with the russians, because a wealthy russian oligarch is the only kind of person that would be able and willing to do something like buying an american sports team. interesting post, though nfl and mjb probably are too unfamiliar for european billionaires. because of national traditions i think nhl or nba would be one of the first leagues to go since those sports got strong ties with the russians, because a wealthy russian oligarch is the only kind of person that would be able and willing to do something like buying an american sports team.

]]> By: brian theriot http://blogmaverick.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40482 brian theriot Thu, 06 Mar 2008 18:24:57 +0000 http://blogmaverick.wordpress.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40482 Foreign ownership of our sports teams would be fine if in fact it would allow more money to youth sports and toward nurturing a re-interest of kids in the essence of sports and collecting. Mark, are those kids down in dallas running to Upper Deck trading cards www.upperdeck.com to capture the best of your mavericks? NO MONEY IS GOING BACK TO YOUTH SPORTS AND PHYSICAL EDUCATION. PHYSICAL EDUCATION IS GONE IN THE UNITED STATES AS WELL. BRING IN FOREIGN OIL MONEY NOW TO BOLSTER youth programs as a part of team ownership, if you wanna play, you had better invest in youth sports, invest in the culture and history of sports in the united states, get kids back into the essence of how you earn jock rash.<br><br>BRIAN THERIOT<br>UPPER DECK<br> Foreign ownership of our sports teams would be fine if in fact it would allow more money to youth sports and toward nurturing a re-interest of kids in the essence of sports and collecting. Mark, are those kids down in dallas running to Upper Deck trading cards http://www.upperdeck.com to capture the best of your mavericks? NO MONEY IS GOING BACK TO YOUTH SPORTS AND PHYSICAL EDUCATION. PHYSICAL EDUCATION IS GONE IN THE UNITED STATES AS WELL. BRING IN FOREIGN OIL MONEY NOW TO BOLSTER youth programs as a part of team ownership, if you wanna play, you had better invest in youth sports, invest in the culture and history of sports in the united states, get kids back into the essence of how you earn jock rash.

BRIAN THERIOT
UPPER DECK

]]> By: rsub http://blogmaverick.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40484 rsub Thu, 06 Mar 2008 17:57:58 +0000 http://blogmaverick.wordpress.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40484 \"Could never understand why investors in the US would go and buy the top teams in the PL. Why not invest in a lower division team for 1/4 of the money, buy some top players, win the lower leagues and qualify for the move up to the PL where you will then receive all the TV and sponsorship revenue. After attaining PL status go to the city for partial funding for a new stadium and come out way ahead.\"<br><br>Because that takes too much time and involves too much risk - the Glazers got, in English sports terms a cash cow, so Man Utd fans have the pleasure of paying them to own their club. <br><br>Oh, and if any more American owners come over here, please make sure that they are the good type (e.g. Randy Lerner) and not the bad (as Tom Hicks and George Gillett are finding out now) - if they try to milk fans like you can do in the states it wont work, as Tom and George have found out recently (and as all signs over here point out that this takeover \'negotiations\' is their last stand) \”Could never understand why investors in the US would go and buy the top teams in the PL. Why not invest in a lower division team for 1/4 of the money, buy some top players, win the lower leagues and qualify for the move up to the PL where you will then receive all the TV and sponsorship revenue. After attaining PL status go to the city for partial funding for a new stadium and come out way ahead.\”

Because that takes too much time and involves too much risk – the Glazers got, in English sports terms a cash cow, so Man Utd fans have the pleasure of paying them to own their club.

Oh, and if any more American owners come over here, please make sure that they are the good type (e.g. Randy Lerner) and not the bad (as Tom Hicks and George Gillett are finding out now) – if they try to milk fans like you can do in the states it wont work, as Tom and George have found out recently (and as all signs over here point out that this takeover \’negotiations\’ is their last stand)

]]> By: John_S http://blogmaverick.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40479 John_S Thu, 06 Mar 2008 14:22:38 +0000 http://blogmaverick.wordpress.com/2008/02/29/when-will-foreign-ownership-of-us-sports-teams-start/#comment-40479 <a href="http://seattletimes.nwsource.com/html/sonics/2004264013_sonics06m.html" rel="nofollow">http://seattletimes.nwsource.com/html/sonics/2004264013_sonics06m.html</a><br><br><a href="http://seattlepi.nwsource.com/basketball/353910_arena06x.html" rel="nofollow">http://seattlepi.nwsource.com/basketball/353910_arena06x.html</a><br><br>Mr. Cuban,<br><br>I am a dedicated Sonics fan. I unfortunately moved out of the Seattle area and so I feel like I have no voice in the current Sonics arena issue. <br><br>Myself and the other dedicated Sonics fans know that there is a reasonable solution to this issue but it seems like there is a higher power who is determined to let our team leave our city and state. <br><br>I dont know if you have read the Bill Simmons column on ESPN, but he devoted a 15,000 word article of SuperSonics fan emails regarding this issue. <br><br>Save Our Sonics is doing a tremendous job in trying to drum up support to keep our Sonics in town. Mayor Nickels is determined to keep them here also. KJR, our local sports radio station is behind the idea.<br><br>The above articles detail the preliminary outlines of a plan to refurbish the Key Arena with new ownership. The major players in the Seattle business sector are stepping up to the plate and are offering not only their names, but their money to keep the SuperSonics in town. Even noted opposers of the plan to pay for an new arena do not see an issue with the plan devised.<br><br>We know that there is a board of governers vote coming up. We just want to let you know that there is a plan. The fans are motivated to keep the team in town. <br><br><br><br>We love the NBA and all that it offers. Please just give us the opportunity to make it work here in Seattle because we know it will. <br><br>We harken back to our days of GP and the Reign Man where the arena was sold out and the crowds were boisterous. We remember the Western Conference finals against the Jazz where the crowd was soo loud that you could not hear the team introductions. We are here and we are wanting to be heard again.<br><br>Thank you for your time.<br><br>John_S devoted SuperSonics fan. http://seattletimes.nwsource.com/html/sonics/2004264013_sonics06m.html

http://seattlepi.nwsource.com/basketball/353910_arena06x.html

Mr. Cuban,

I am a dedicated Sonics fan. I unfortunately moved out of the Seattle area and so I feel like I have no voice in the current Sonics arena issue.

Myself and the other dedicated Sonics fans know that there is a reasonable solution to this issue but it seems like there is a higher power who is determined to let our team leave our city and state.

I dont know if you have read the Bill Simmons column on ESPN, but he devoted a 15,000 word article of SuperSonics fan emails regarding this issue.

Save Our Sonics is doing a tremendous job in trying to drum up support to keep our Sonics in town. Mayor Nickels is determined to keep them here also. KJR, our local sports radio station is behind the idea.

The above articles detail the preliminary outlines of a plan to refurbish the Key Arena with new ownership. The major players in the Seattle business sector are stepping up to the plate and are offering not only their names, but their money to keep the SuperSonics in town. Even noted opposers of the plan to pay for an new arena do not see an issue with the plan devised.

We know that there is a board of governers vote coming up. We just want to let you know that there is a plan. The fans are motivated to keep the team in town.

We love the NBA and all that it offers. Please just give us the opportunity to make it work here in Seattle because we know it will.

We harken back to our days of GP and the Reign Man where the arena was sold out and the crowds were boisterous. We remember the Western Conference finals against the Jazz where the crowd was soo loud that you could not hear the team introductions. We are here and we are wanting to be heard again.

Thank you for your time.

John_S devoted SuperSonics fan.

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