|
John Sherman is such a broke ass. I don't know that I like a group of businessmen owning a team because they don't have money. All they are worried about is trying to increase the valuation of the Royals to flip it like a house. Ownership group puts up the money to buy it, team makes minimal year to year after expenses, needs new stadium and entertainment district to increase the valuation of the team.
John Sherman is overleveraged. He's worth 1.25B and 1.06B of his net worth IS the Royals. This is a real estate play. They would need to secure long term profit for ownership group before they add much payroll. Such a con.
|