First black owner in NFL
Arizona businessman Reggie Fowler and Vikings owner Red McCombs announced Monday an agreement that if approved by the NFL will make Fowler the next owner of the Minnesota Vikings. Neither man would reveal a purchase price, but the Pioneer Press reported Sunday it could be as high as $635 million.
http://www.twincities.com/mld/twinci...l/10898868.htm
http://www.twincities.com/mld/twinci...l/10898868.htm
Comments
I, for one, definitely care about the ethnicity of the executives in the NFL.
Originally posted by Common Man
Neither man would reveal a purchase price, but the Pioneer Press reported Sunday it could be as high as $635 million.
And what will the ticket prices be after the sale??
Originally posted by Common Man
I agree that from here on out what is important is how is does as an owner. I started this thread because I felt that the this occasion was worthy of note. Despite laws, racism is alive and well in the hearts of many . I wish him well.
The NFL is the best run professional sports league out there. While racism may be "alive and well" in many hearts, my gut feeling is that such an intelligently organization would not let race stand in the way of stability and continued profitability. If Mr. Fowler's ownership of the Vikings is seen as the best way to assure these two things, then I think the league will give the sale its blessing. For the reasons I listed above, I hope this does not happen.
Doesn't the whole so-called signifance of the man's race seem anachronistic?
Only if you actually believe that racism is dead. In which case, I've got this bridge in Brooklyn you might be interested in.
Originally posted by Hiro
Dude only has a reported net worth in the range of $400M. It's going to be tight for the owners to approve the deal as much as they might like to for PR reasons. To be the general partner he will need about $150M cash on the barrelhead, minimum. And that's with a $125M NFL loan, more cash if he doesn't want that. How many business owners can cough up a third of their net worth in cash??? Good luck to him if he can.
You forgot to mention the goverment grants he will get because he is a minority.