Author Ben Reiter explains how Houston Astros owner Jim Crane generated massive financial returns after purchasing the MLB franchise in 2011.
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“He bought them for about six hundred million dollars. Less than 10 years later, they're worth estimates between 2,000,000,002 and a half billion.”
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Opinion
MLB contradicted its ethical stance by rushing Steve Cohen's ownership approval
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AssertionSupported
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Ben ReiterNov 30, 2020▶ 17:10Ben Reiter – Over the Edge with the Houston Astros (Capital Allocators, EP.166)
Insight
Sports team equity appreciation accrues entirely and tax-free to franchise owners
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Ben ReiterNov 30, 2020▶ 23:39Ben Reiter – Over the Edge with the Houston Astros (Capital Allocators, EP.166)
Opinion
Houston Astros remain a model for the pitfalls of high-performing organizations
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Ben ReiterNov 30, 2020▶ 5:47Ben Reiter – Over the Edge with the Houston Astros (Capital Allocators, EP.166)
AssertionSupported
MLB's investigation report explicitly absolved Houston Astros owner Jim Crane
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Ben ReiterNov 30, 2020▶ 12:31Ben Reiter – Over the Edge with the Houston Astros (Capital Allocators, EP.166)
AssertionSupported
MLB investigators could not prove GM Jeff Luhnow knew of cheating
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