alt Hacker NewsSeems like between the lines there is a little success jealousy. Only a billionaire can own one of these major teams, and you get all of the problems this carries. It doesn't seem unique, and if anything its an anti-climatic use of wealth that could be spent on a million other problems. That's all I took away.
Actually, it’s the anti-trust exemptions / lack of enforcement that allows the leagues (owned by the billionaire team owners) to decide who can and can’t own a team.
Otherwise teams could and probably would be purchased by publicly-owned corporations.