Conspiracy Theory?

[KJJ]

You really believe the Cowboys were a big risk? There has never been a franchise that decreased in net worth.

And most of the wealthy inherit or marry into their millions and billions.

Jerry in his own words said buying the team was a huge risk and spoke about how the Cowboys were losing a million dollars a day. Don't listen to me, go find some interviews and listen to him. Most billionaires inherit a lot of their money but some are self made and they took some big risks to accumulate that kind of wealth. They become millionaires and risk a lot of it to become billionaires.

 

[Seven]

I think Jerry Jones hinted that we might see both. So, we might see both Romo and Dak playing in the same game.

See post #16................

 

[Diehardblues]

Making sound investments is a lot easier said than done. I'm referring to multi-billionaires, if they're self made they took some big risks. There's all kinds of ways to make a lot of money but if you look at some of the richest people that are self made, they took some big risks to accumulate that kind of wealth.

Taking risks to try and overcome poor decisions can land you in the poor house. A lot of people end up broke by compounding one mistake with another after another. Jerry accumulated the wealth he has now by taking some big risks. The Cowboys were losing a million dollars a day when he bought the team.

Actually it was about a million dollars a month not a week .

 

[LittleD]

We all can be idiots when we venture into areas which are not of our expertise . I'm a complete idiot when it comes to repairing anything but a balance sheet.

Well, the Cowboys as an organization was almost broke when Jerry swooped in and bought it lock, stock & barrel. He has turned around a franchise worth
300million at the time into about 4 billion. I think he must know a little something about the NFL. I also think that many, many owners have since followed
the Jones business model in professional football. Still wouldn't call him an idiot. Just saying!

 

[Gameover]

Greater chance he'll be able to play Sunday.

 

[Diehardblues]

Jerry in his own words said buying the team was a huge risk and spoke about how the Cowboys were losing a million dollars a day. Don't listen to me, go find some interviews and listen to him. Most billionaires inherit a lot of their money but some are self made and they took some big risks to accumulate that kind of wealth. They become millionaires and risk a lot of it to become billionaires.

Again most inherit. Some or few are self made usually those that create something over time like Walmart, McDonalds, Apple, etc.

And it was a big risk for Jerry because he sold his oil business and put everything into the Cowboys.

Most or no other owner I'm aware of sold their fortune to buy a team. Their team was just another investment. Jerry was now dependent on the Cowboys to make a living and what fueled all of his financial moves .

 

[KJJ]

Actually it was about a million dollars a month not a week .

Correct, it was a million a month. This is Jerry talking about the risk he took buying the team.

Why was buying the Cowboys such a risk?

"At the time, we had had two flat television negotiations in the NFL. The NBA was booming. Talk of maybe becoming more popular than the NFL. I bought 13% of the team from the government because it had been foreclosed on. It was losing a million a month in cash flow. And I paid more for it than had ever been paid for anything in the history of sports. About $154 million."

http://articles.latimes.com/2011/nov/06/sports/la-sp-jerry-jones-qa-20111107

 

[KJJ]

Again most inherit. Some or few are self made usually those that create something over time like Walmart, McDonalds, Apple, etc.

And it was a big risk for Jerry because he sold his oil business and put everything into the Cowboys.

Most or no other owner I'm aware of sold their fortune to buy a team. Their team was just another investment. Jerry was now dependent on the Cowboys to make a living and what fueled all of his financial moves .

I've already pointed out that most billionaires inherit a lot of if not all their money but some are self made. Someone had to start off making all that money for anyone to inherit it. I posted a quote and a link with Jerry discussing the risk he took buying the Cowboys.

 

[Diehardblues]

Well, the Cowboys as an organization was almost broke when Jerry swooped in and bought it lock, stock & barrel. He has turned around a franchise worth
300million at the time into about 4 billion. I think he must know a little something about the NFL. I also think that many, many owners have since followed
the Jones business model in professional football. Still wouldn't call him an idiot. Just saying!

It was worth 140 million it wasn't almost broke. Losing a million a month is just a temporary cash flow issue . And even after the Cowboys 3 straight losing seasons with Bum it increased its worth from 85 million to 140 million in the 4 years Bum owned it.

And no owner is following the model of Jerry running football operations except for Al Davis RIP and currently Mike Brown in Cinn legendary Paul Browns son.

And I will continue calling him a football guy idiot.
Just saying..

 

[Diehardblues]

Correct, it was a million a month. This is Jerry talking about the risk he took buying the team.

Why was buying the Cowboys such a risk?

"At the time, we had had two flat television negotiations in the NFL. The NBA was booming. Talk of maybe becoming more popular than the NFL. I bought 13% of the team from the government because it had been foreclosed on. It was losing a million a month in cash flow. And I paid more for it than had ever been paid for anything in the history of sports. About $154 million."

http://articles.latimes.com/2011/nov/06/sports/la-sp-jerry-jones-qa-20111107

I lived it. I don't need a recap. Obviously just you do.

 

[KJJ]

I lived it. I don't need a recap. Obviously just you do.

You're the one who said "You really believe the Cowboys were a big risk?" You obviously needed the recap.

 

[Diehardblues]

Correct, it was a million a month. This is Jerry talking about the risk he took buying the team.

Why was buying the Cowboys such a risk?

"At the time, we had had two flat television negotiations in the NFL. The NBA was booming. Talk of maybe becoming more popular than the NFL. I bought 13% of the team from the government because it had been foreclosed on. It was losing a million a month in cash flow. And I paid more for it than had ever been paid for anything in the history of sports. About $154 million."

http://articles.latimes.com/2011/nov/06/sports/la-sp-jerry-jones-qa-20111107

Part of the team was under the Govt foreclosure because of Bums failed Banking and Loans fallout and why Bum had to sell the Cowboys.

 

[Diehardblues]

You're the one who said "You really believe the Cowboys were a big risk?" You obviously needed the recap.

My argument will support the Cowboys weren't a big risk.

It was only a risk in the short term for Jerry because he invested everything he had in buying the Cowboys .

 

[KJJ]

Part of the team was under the Govt foreclosure because of Bums failed Banking and Loans fallout and why Bum had to sell the Cowboys.

Which is one of the reasons buying the team was a risk.

 

[waving monkey]

Exactly. Instead of a partially-empty fully, or a barely-full fully, we've got the luxury of waiting for the more fully fully this time around. The impact should be huge.

ultimately it would be Wooly Bully

 

[KJJ]

My argument will support the Cowboys weren't a big risk.

Go present your argument to Jerry who said buying the Cowboys were a big risk. lol Jerry's quote doesn't support what you're saying.

 

[Diehardblues]

Go present your argument to Jerry who said buying the Cowboys were a big risk. lol

I assume you believe everything Jerry says.lol

I already said it was only a short term risk to him but buying the Cowboys wasn't a financial risk.

 

[Diehardblues]

Do you even know who the other bids were from for the Cowboys? I'm sure they were all lined up to take this huge risk ?

Have you ever heard another NFL owner state buying their team was a huge risk?

 

[KJJ]

I assume you believe everything Jerry says.lol

I already said it was only a short term risk to him but buying the Cowboys wasn't a financial risk.

I believe what he said about the risk involved in buying the team. I don't care what you said, go explain that to Jerry. lol

 

[Diehardblues]

I believe what he said about the risk involved in buying the team. I don't care what you said, go tell that to Jerry. lol

I already have.

The risk is that since Jerry invested everything he owned to buy the Cowboys he needed immediate income unlike all of the other owners .

So again, while it was a risk in sorts for Jerry temporarily if he didn't have some success on the field there was no risk the Cowboys were going to lose their value .