Comment on hockey team owner selfishly engraves his whole family on the Stanley Cup

Ghyste@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

• Ariselas@piefed.ca ⁨1⁩ ⁨day⁩ ago

  I don’t care that sports teams are privately owned, I do get really annoyed that stadiums are built with public dollars.

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  • RememberTheApollo_@lemmy.world ⁨1⁩ ⁨day⁩ ago

    And the profits privatized.

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  • Ghyste@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

    Just finished writing a post about this exactly. That is the problem.

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    • felixwhynot@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Link?

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      • Ghyste@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

        Sorry, not a post. A comment elsewhere in this thread.

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• Karmanopoly@lemmy.world ⁨1⁩ ⁨day⁩ ago

  His youngest child is kindergarten age.

  Minors legally cannot own part of a hockey team.

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  • Windex007@lemmy.world ⁨1⁩ ⁨day⁩ ago

    Minors can legally own shares of a private company.

    I’m not saying THIS child does… and out of EVERYONE on the list that kid is entirely morally absolved anyways by virtue of being a little kid.

    But, they can own shares.

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    • Karmanopoly@lemmy.world ⁨1⁩ ⁨day⁩ ago

      Minors cannot sign contracts, so any ownership would be thru a trust or other legal apparatus.

      They’d have to write the name of the trust on the trophy

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• YiddishMcSquidish@lemmy.today ⁨1⁩ ⁨day⁩ ago

  I kinda agree. But if a city has enough money to afford a sports team, they should invest more into the local tax base.

  But as far as the Stanley cup goes, billionaires aren’t beholden to the Golden rule, so tax the fuck out of them.

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  • Ghyste@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

    Absolutely tax the billionaires.

    The part I hate is that a host city shouldn’t have any obligations for a privately owned team. The owners get tax breaks and other concessions for building complexes that will be completely private facilities afterwards. Owners and owner groups can easily afford to fund all of this themselves but gain favors by playing on the opportunity for the city to have a sports franchise.

    While area businesses may benefit from the presence of a sports team, the general public ends up financing a good chunk with at best marginal returns.

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    • Droechai@piefed.blahaj.zone ⁨1⁩ ⁨day⁩ ago

      Even worse when you got fans of the team on the council, they cant seem to comprehend that there are other hobbies or interests so paying loads to the arena for ice time for kids while saying to other groups that the commune cant afford renovations on the dance hall or swimming pool (which are also supposed to be funded from the same budget as “young activities")

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• breakfastmtn@lemmy.ca ⁨1⁩ ⁨day⁩ ago

  I don’t think they have any relationship with the team. Just the guy’s wife and loin product. There are actual minority co-owners who aren’t on there.

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  • Ghyste@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

    Are we sure he didn’t gift them something like .1% of the team just for this?

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    • breakfastmtn@lemmy.ca ⁨1⁩ ⁨day⁩ ago

      Not from what I’ve read. But I’m not his accountant, so …

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      • Ghyste@sh.itjust.works ⁨1⁩ ⁨day⁩ ago

        Only theorizing. You’re good.

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