Thread: Chiefs Gregorian: Clark Hunt grew with Chiefs through ‘toughest year’
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Old 09-15-2013, 12:31 AM   #12
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Quote:
Originally Posted by cosmo20002 View Post
I'm not so sure about that. The Chiefs are valued at over $1B; 10 years ago it was half that. $30-$50M annual profit ain't too bad.

I'm not one of those people who think the Hunts are happy to have 8-8 teams that sell tickets and make them some money. I do think they want to win, and I think that they will spend to do it, within reason.

But his statement was essentially that money doesn't matter, and I find that to be phony BS. Of course it does.
It ain't bad, but it ain't great either. The last decade has sucked obviously, but the rule of thumb is that you can generally get 8-10% in the stock market over the long-term. The Hunts have basically been getting that, but not a lot more.
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