by Sham on Sat May 10, 2008 7:11 pm
1) Jerry Reinsdorf is not the owner of the Bulls. He is AN owner of the Bulls. He is one of many. He is a minority owner. He serves as the spokesperson for all of them, but this doesn't mean tacit agreement from all parties on all ownership matters.
2) Rich people like being rich. Rich people are rich for their money management abilities - they spend on what they deem to be worth it, and they avoid spending on what they deem to be not worth it. Their judgement on such decisions in the business world is good enough for them to be able to part-own one of the most profitable sports franchises in the world. They're good with money, even if we don't agree with their prioriy lsst. (If you were worth 9 figures, yours might change too.)
3) Nowhere in the ownership manual does it say that you have to be a raging philanthropist to own an NBA franchise.
If you hate the fact that the Bulls take in a lot more than they spend on the on-court product, then you've missed the point. If it bugs the crap out of you that the Bulls earn 400 cajillion dollars worth of profit every year and still won't pay the tax for Pau Gasol, fine. I'm not enthralled with the idea, and I can't imagine that anybody is.
But what you've overlooked is that......it's just like this. It just is. It always will be this way, with nought but the rarest exceptions. The NBA goes to great lengths to level the playing field when it comes to expenditure, and people then play within those rules, even if they can afford not to.
Why do they do this?
Because they can. You CAN win titles without paying the tax, and this has almost always been the case. Even when the Spurs won it while paying luxury tax, they desperately tried to avoid it, even if their moves to do so were to the detriment of their on-court product.
If you don't like the fact that rich people would rather accumulate money than spend it in the ways that we desire, you'll have a problem with sports in general, because this is just how it is.
This isn't a defense of Reinsdorf et al, for there remains a middle ground that they don't seem to want to give. But it is some context - in the world of sports ownership, you just don't get philanthropists willing to incur massive losses on the off-chance that it all works out. It just doesn't happen. Even the Atlanta Braves and New York Knicks cut back.
It really doesn't happen. If you are angry that the Bulls have not chosen to be one of the few exceptions to this long established rule, then fine, but you'll be angry for the rest of your life. If you clamor for Reinsdorf to sell the Bulls, remember that they'd only sell to someone who would then do exactly the same. This is just how it is. If you want to enjoy sports, accept it.
Additionally, remember that the Bulls have never really turned down the opportunity to overpay to acquire a "sure thing", because such opportunity has never presented itself. (D'Antoni is not a sure thing. Nor was Pau.) They did overpay once on what was deemed to be a 'sure thing' - Ben Wallace - but that turned out to be just a crappy basketball decision that we'll just have to live with.
Again, it''s just context.
Last edited by
Sham on Sun May 11, 2008 3:31 pm, edited 3 times in total.