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by onlypassingthru
300 days ago
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Maybe drawing 1000 fans/game because they've been relegated to a lower division is just what some billionaires need to figure out they don't belong in the majors. Ownership should be as competitive as the athletes on the field. |
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Relegations would also mean more opportunities for teams to be fan-owned. It's reasonably common in relegation/promotion leagues, especially after major upsetting relegations (though "Welcome to Wrexham" is an interesting story of the reverse, a fan-owned team selling to new money for the hopes of resources for promotion). In the US, we mostly just have the Packers as a fan-owned team, and that situation is truly an exception and almost impossible to replicate.
It does feel strange that so many US "major" teams need a billionaire or two or three to run. Why aren't more of the teams themselves public companies? Why are they all as much private toys for the super-rich as anything else? We've already seen that shows up as a lack of concern for/nonalignment with local/regional/fan interests on long enough timescales (all the "team moves", for instance).