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[QUOTE="HooperScooper, post: 5299240, member: 10"]
I'd say the inclusion of private equity into many sports ownership groups has changed the return expectation dynamics. Bill Chisholm is a private equity guy and he brought in [URL='https://sixthstreet.com'][B][COLOR=rgb(44, 130, 201)]Sixth Street[/COLOR][/B][/URL] as a 10% investor in the Celtics. Private equity money is in it to make money. That's their sole purpose. I think Fenway Sports Group bringing in [COLOR=rgb(44, 130, 201)][URL='https://redbirdcap.com'][B]Redbird Capital[/B][/URL][/COLOR] changed how they run the Red Sox, for the worse for fans. Seems to be all about the bottom line now.

But then you have a guy like Steve Cohen, who owns the Mets. He seems to care more about winning than making money on the Mets. Even though he's going to make money. I'm sure he didn't buy the team to lose money. But winning is his #1 goal. I remember when the Mets tried to sign Carlos Correa after already spending a huge amount on free agency that offseason. He said something like, "What's another $30 million a year?"
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