January 26, 2010

What happens to the money I paid for my franchise?

So can someone explain to me what is going to happen to all of the money that owners spent to buy teams for this season? This whole termination thing should have been run by the opwners who will most likely lose out on all of their invested franchises because of a very abrut and rash decision. Not to sure about all the other owners but the $1000 that i spent for a team this year was for nothing, and being a college student thats not just chump change to me, i saved for 2 years to buy a team and when i did it was like flushing it down the toilet. I hope that something is going to be done to help the owners get thier investments back because i cant even imagine how much money people that own multiple franchises are out. I have heard that oh it was a private sale between you and the perivous owner and i agree but its not like the league handed these spots out in the first place they were paid for to the league at some point in time. Also a decision like this should have been made a bit more carfully and had more consideration takin into it before you go screwing people out of thier money. Its easy to pull the plug and forget about the little guys, but i can say that myself and others i have talked to are very disapointed with this and would like to find out about our funds. This is just plain unfair…….:tdown:

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