Analysis: New Trail Blazers Owner Tom Dundon's Frugal History Raises Concerns
By
Barry Petchesky
An everything bagel for the brain. Substantive, layered, well-seasoned.
Summary
The article criticizes Tom Dundon, the new owner of the Portland Trail Blazers, for his history of frugality and cost-cutting as owner of the NHL's Carolina Hurricanes. It questions his claim that he prioritizes winning over saving money, pointing to low salaries for key hockey staff and a pattern of parsimonious behavior that raises concerns about his approach to running the Trail Blazers.
Key quotes
· 3 pulledTom Dundon readily admits his parsimony.
I guess no one ever got turbo-rich by being profligate, but few billionaires brag so much about how they pick up pennies from the ground or turn off unused room lights.
He claims he does not display this behavior when it comes to putting the sports teams he owns in position to win. This is a questionable assertion.
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