Yeah—the dumb argument about the value of sports teams is about their annual earning, which varies. The smart argument is about the **market value of the team.** Don’t listen to owners whining about high wages for their workers; Watch how much they sell their teams for.https://twitter.com/hbryant42/status/1013499599212998656 …
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Replying to @MattBruenig @yeselson
Also true of newspapers and magazines.
12:18 PM - 1 Jul 2018
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