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joshhw t1_j6d5342 wrote

I should’ve been more clear in that sports teams are used to off set taxes and are normally reported as losses on their wealthy owners income taxes.

I’d say again, someone who can afford a $50 million price tag for a team, can afford to take a hit if needed. They wouldn’t do it if they didn’t think they could make the financials work. I’d assume neither one of us is a millionaire.

Edit: looking at your post history you might actually be a millionaire. Regardless, they should be able to handle the costs.

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