Captain Caveman Posted October 19, 2010 Share Posted October 19, 2010 30% Not anymore. http://www.sportsbusinessjournal.com/article/63869 Link to comment Share on other sites More sharing options...
May Day 10 Posted October 19, 2010 Share Posted October 19, 2010 Not anymore. http://www.sportsbusinessjournal.com/article/63869 With estate planning in mind, league lowers the threshold to 10 percent, with at least 20 percent having to be controlled by other family members. The new rule only is triggered by an active succession plan and is eligible only for existing owners. New owners will have to wait a decade before becoming eligible. rats Link to comment Share on other sites More sharing options...
Over 29 years of fanhood Posted October 19, 2010 Share Posted October 19, 2010 This would absolutely 100% never happen. The NFL will not allow any affiliation whatsoever with THE NFL brand and any type of gambling and/or casino. They cant even run tv or radio ads in an NFL broadcast. They are a sovereign nation independent of the US correct? Link to comment Share on other sites More sharing options...
Captain Caveman Posted October 19, 2010 Share Posted October 19, 2010 rats I'm not sure if that was supposed to be counterargument to my post, but the fact is the lowest percentage owned by the team lead is 10%. That was the original statement, and it's true. Yes, there is a stipulation that family must own another 20%. Saying that the minimum that the leader can own is 30% is false. They are a sovereign nation independent of the US correct? So is Latvia, it doesn't mean they can buy an NFL team. Link to comment Share on other sites More sharing options...
May Day 10 Posted October 19, 2010 Share Posted October 19, 2010 no. I saw that article, never heard of the change and got my hopes up. then I saw that fact. Link to comment Share on other sites More sharing options...
RTW2012 Posted October 19, 2010 Share Posted October 19, 2010 http://www.sportsbusinessjournal.com/article/63869 "That ratio can now essentially be flipped, with the controlling owner at 10 percent and his or her family at 20 percent. This should help clubs looking to maintain family ownership of the franchise....The new rule applies to all current owners and can only be triggered by a succession plan, the sources said. Incoming owners would still be bound by the 20 percent/10 percent rule, though after a decade they would be eligible for the lower threshold, the sources said." Unless there's a succession plan in place, which previous indications say there isn't, then any new owner will have to own at least 30% outright, or 20% with 10% more owned by family. Link to comment Share on other sites More sharing options...
sweatpantsjoe Posted October 19, 2010 Share Posted October 19, 2010 lock this thread please.....no wonder tim graham stopped posting here. Link to comment Share on other sites More sharing options...
Chef Jim Posted October 19, 2010 Share Posted October 19, 2010 I'd be all for it if they changed the name to the Buffalo Whities. Link to comment Share on other sites More sharing options...
agardin Posted October 19, 2010 Share Posted October 19, 2010 I like Paleskins better Link to comment Share on other sites More sharing options...
benderbender Posted October 19, 2010 Share Posted October 19, 2010 I am willing to endure an 0-16 season if it would mean new ownership Link to comment Share on other sites More sharing options...
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