I guess, but what about the Wilpon's has recently has screamed "Be my investment steward" for the next 5 years
His purchase and control of 80% would be roughly $2.1BHe would be essentially giving them control of 15.3% of his net worth with this purchase (
based on a net worth of $13.6B, per wikipedia)
This is where I'm wondering if there is a bubble. It's tough to assume that values will continue to increase at the pace they have been on for the past 20 years.
There is still only so much money and I would expect a few of these TV contracts will actually be losers for the companies doling them out and they won't continue to increase
However, I may be totally wrong and advertising dollars (which are the real driver here) may continually go up and up
edit/ Also, as I read
@Spacemans Bong post, I figured I should paraphrase a member's signature here, whom I can't remember
"People don't get into the ownership side to make money"
So maybe this is just a hometown thing, where a fan has a chance to buy "his" team.
I'm sure most of us would do it if given the oppotunity