Quote:
Originally posted by Hawks Coach
How much loss is too much loss, how many losing years are too many losing years, when do you throwin the towel?
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I do not know the answer to that one, it is not my money. So personally, I do not care what they do with their money.
Quote:
Originally posted by Hawks Coach
Currently, a group of individuals thinks it is worth the losses because the gains may come in the future. I am not in a postion to tell them they are wrong. It is their money, and they will decide when the deal is a complete loser versus being a temporary loss but a potential long-term profit. I would suggest that if they want to make money, they look at where money is being made and figure out if that money can be made in other locales (either the ones they are in with a better marketing plan, or more lucrative ones, or a combo) or if it is time to fold their hand.
I am willing to bet that lots of people spend a lot of time doing this very analysis if they are serious about their investment. These people have this kind of money for a reason. They aren't always right, but they do know how to do market analysis and they know how to make money.
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OK.......it is their money. If they want to invest it into a losing stock, that is their business. I did not make the model for this league. All I have ever said, if the players keep trying to demand money that is not there, they are the ones that will lose the most. With all things being equal, the WNBA is not outselling the NBA teams in the same markets. And that very thing is apart of their decision making adventure. And if they pulled the plug, it is not going to be because we discussed it here.
Peace