Discussion for article #222154
Hit 'em where it hurts…
Corporate sponsorships.
…but wait… Maybe PusLimbaugh and Sterling can buy a Football team…
Oh yeah…Pus tried and was denied …
because of his racism.
the market value for this franchise just plunged. Bleeding corporate sponsors who won’t come back until someone else owns it, and now pressure from the league for him to sell it. That pressure will only increase as time goes on.
Sterling will still cash in handsomely, he bought for $12.5M and it’s in the 2nd largest media market in the US. But surely this incident has cost him at least $100M and perhaps more, had he sought to sell the franchise of his own initiative before last week.