$10 Million, is that All it Takes?
By Larry Brown February 5, 2007 - Posted in Sports Business
Sorry for being so late on this story – keeping up with the latest WNBA news doesn’t exactly top my daily list of things to do – but I feel it is worthy to share with you all. Just last week, the Houston Comets of the WNBA were sold to furniture dealer Hilton Koch. The financial terms of the sale were not released, but we got an approximation
Koch, 39, agreed to pay about $10 million — in the same range as transactions involving the Los Angeles Sparks and Washington Mystics
Man, that’s it? Just $10 million to own a franchise? Lindsay Lohan gets paid that much for showing up at a party. Please.
Side note – Around the Horn on ESPN is so bad, I have opted for the “Britney and Kevin” E! True Hollywood Story.
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About Larry Brown: Larry Brown has over nine years of professional sports media experience, working in online, radio, and TV capacities. He recently was a nationally syndicated sports radio host. Follow him on twitter @LBSports |
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