Quote:
Originally Posted by LoneWolf
25%.
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What’s your point? When he bought the team he was one of the two majority owners. The Buck’s owners basically laid out the framework Sherman & Co desire with building a new arena with connected entertainment district to maximize the value of the franchise and once complete he sold for a giant profit.
As with the hedge fund he operated, seems his intent was to flip it for a huge profit. So, it appears it does happen.