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Re: Cheap? Really?

December 14, 2016 06:46AM
Quote
RFL
My old friend, I wonder where this idea comes from.

You don't become a multi-billionaire in real estate by keeping overhead low. You do it by understanding when to invest for outsized returns.

Consider the fact that SK is paying the bill for his grandiose stadium. He is NOT asking for that bill to be paid by tax payers. Why? Because he is such a nice guy?

No, because his calculus tells him he can leverage several billion into enormous profits if he pays it all himself. Investment.

This is why I never for the life of me understood why people felt Fisher would still be with us next year. Whatever the extension $ was was, indeed, pocket change. He is laying the investment foundation for a vast real estate and media empire. At the core of that empire, he needs a competitive team. The cost of changing coaches is nothing in that calculus.

I dunno. I guess we see this stuff pretty differently. I don't think much of wealthy people either, but I do think they generally understand when to invest money for a big return.

Two things.

First, I am going by Kroenke's track record. I am not trying to mind read, or project what I would do, or anything else. His track record, and STATED preference, is to keep FO costs down, typically by using up-and-comers as opposed to expensive names. That is simply his track record. I have read about his handling of Arsenal, the Avalanche, and the Nuggets. I looked at his preferences in GMs and in coaches.

Same thing when it came to the firing of Fisher. I looked at the record. And in five franchises averaging about 15 years of ownership (i.e. approximately 75 seasons worth), Fisher is only the second coach he fired during a season, the other one being over 15 years ago at the strong behest of his GM at the time. His son also fired a coach once at the end of a season, but that was a complete meltdown in which players refused to enter a game. So the track record indicated he wouldn't fire Fisher early. For me it was never an argument about the money with Fisher, however. It was the fact that he made a decision to commit another season to Fisher. Kroenke rarely changes a plan in spite of adversity. The firing of Fisher is a rarity in the History of the House of Kroenke. That action was simply inconsistent with Kroenke's history.

So was his hiring of Fisher and letting him hire relatively expensive assistants. (And look how that worked out, so who knows what lesson he draws from that?).

Secondly, I think we are into a debate about what is meant by "whatever it takes" and "bottomless pockets" and that kind of thing. Kroenke may pay the next GM and coach a lot of money. Even the most money in the league. But he simply isn't going to give somebody $20 million a year, or anything stupid like that. Or as one poster suggested, a percentage of the team.

So I feel like I am arguing with people over semantics on this.
SubjectAuthorViewsPosted

  The MMQB's Peter King discusses

Blue and Gold1322December 13, 2016 07:47PM

  Why do people keep saying this kind of thing?

Zooey720December 13, 2016 07:54PM

  Re: Why do people keep saying this kind of thing?

Rampage2K-557December 13, 2016 08:34PM

  Uh...what??

sanfRAM460December 13, 2016 08:48PM

  Prudence is not stinginess

Zooey324December 14, 2016 05:26AM

  He is a businessman...

sanfRAM356December 14, 2016 06:19AM

  Re: He is a businessman...

Zooey409December 14, 2016 06:32AM

  Re: He is a businessman...

sanfRAM295December 14, 2016 06:53AM

  Long term happiness of the fanbase

LesBaker303December 14, 2016 06:49AM

  There it is. Exactly

Zooey355December 14, 2016 06:51AM

  Re: Why do people keep saying this kind of thing?

bigjimram21556December 13, 2016 11:05PM

  Rams 16th in the league in actual cash spending last 4 years

LMU93487December 14, 2016 04:12AM

  where SK spends

zn335December 14, 2016 05:06AM

  Cheap? Really?

RFL317December 14, 2016 05:50AM

  Re: Cheap? Really?

Zooey472December 14, 2016 06:46AM

  Re: Cheap? Really?

waterfield473December 14, 2016 08:14AM

  Read THIS about Kroenke

Zooey489December 14, 2016 08:59AM

  The last portion is a peek into his mind

LesBaker427December 14, 2016 09:09AM

  This is what I've been saying for a week

Zooey348December 14, 2016 09:34AM

  Re: This is what I've been saying for a week

RFL317December 14, 2016 01:40PM

  I agree with all of that, RFL...AND...

Zooey297December 14, 2016 02:06PM

  fisher castle lover

wv ram298December 14, 2016 05:37PM

  Re: fisher castle lover

Zooey303December 14, 2016 06:03PM

  Have you run far enough away from the past

LesBaker233December 14, 2016 06:29PM

  Re: Have you run far enough away from the past

Zooey290December 14, 2016 06:37PM

  No Zooey we are not

LesBaker256December 14, 2016 05:56PM

  Re: The last portion is a peek into his mind

zn414December 14, 2016 09:42AM

  Les and Zooey...

sanfRAM673December 14, 2016 09:52AM

  I don't dislike him in the sense that is typical though

LesBaker478December 14, 2016 10:23AM

  funny

Zooey366December 14, 2016 11:10AM

  owners

zn341December 14, 2016 11:21AM

  Re: owners

sanfRAM288December 14, 2016 12:02PM

  Pretty much the same type of owner

LesBaker299December 14, 2016 01:11PM

  Re: Pretty much the same type of owner

sanfRAM288December 14, 2016 01:33PM

  I think fans of many teams like and appreciate the ownership

LesBaker290December 14, 2016 01:50PM

  Re: I think fans of many teams like and appreciate the ownership

sanfRAM295December 14, 2016 01:53PM

  Well

LesBaker394December 14, 2016 03:40PM

  Re: Well

sanfRAM297December 14, 2016 04:05PM

  In that case

LesBaker291December 14, 2016 04:36PM

  Kroenke doesn't own the Nuggets or the Avalanche

MamaRAMa207December 16, 2016 08:28AM

  Re: Cheap? Really?

RFL356December 14, 2016 01:43PM

  Just a few things...

Rams43445December 14, 2016 09:20AM

  Re: Just a few things...

zn474December 14, 2016 10:16AM

  Re: Just a few things...

Rams43348December 14, 2016 10:28AM

  Re: Just a few things...

zn361December 14, 2016 11:01AM

  Re: Just a few things...

Rams43411December 14, 2016 11:05AM

  Re: Just a few things...

zn478December 14, 2016 11:17AM

  Re: Just a few things...

bigjimram21308December 14, 2016 03:21PM