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The Importance of a Long-Term Revenue Generation Plan
Revenue has increased much much faster in sports from like 1990 to 2010 then revenues in other businesses did people figured out how to make lots more money at sports. The success of commercialization the Premier League in England in the 90s really maps onto what's happened with regional sports networks in the US and the NFL nationalizing their TV deals. One of my favorite stories is Frank McCourt was not a rich person he had some real estate holdings of extremely dubious value but that allowed him to buy the Dodgers without really having the money to buy them. He ran the Dodgers terribly because he was just taking money out of the team to fund his life as he wasn't really that rich, yet still made