Nov 06, 2009 13:50
I have a scheme! You can help.
It is my dream to own a professional sports team. Unfortunately I have only the tiniest fraction of the required several hundred million dollars necessary to obtain such a team.
Let's place the price of a franchise at $500 million. Baseball teams might go for this in mid-level markets. NFL teams are more expensive. The Rams are valued at $900 million despite being pretty crummy (I guess they have a nice stadium). So, I don't know that $500 million is enough, but let's go with it.
I will contribute the most to this endeavor, and by extension, will be the principal owner. Let's say I can come up with $10,000. I need 499,990,000 more dollars.
OR, a better way to say it, I need 499,990 people to give me $1000. Or 4,999,900 people to give me $100. Or somewhere in between. All of these people get votes and ownership stakes. Say, at the Gold level contribution of $1,000 you get a proportionally higher level of votes and profits, season tickets or DirectTV package, and a jersey. At the Beige level of $100 you get a pennant (in team colors!). Various levels in between.
This can work! You're telling me there aren't 500,000 disenfranchised sports fans with a little money to give in exchange for such glorious benefits? I submit that it would further be a great American story to have a widely-owned public franchise. You're going to root for a corporately-owned team against them? You're going to root for some rich dude's plaything team? That's rooting against America.
Let me know if you want in.
schemes