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Originally Posted by Mecca
Guess that would explain that quick sell.
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Yeah. I can imagine that his heirs didn't want to run the team collectively like the Hunt siblings. Instead, they probably wanted to cash out and split the $$$.
This was likely accomplished as a limited partnership, with the cash held there. With limited partnerships, when one partner dies it dissolves the partnership without creating a tax impact.
That's how sports teams get passed without triggering massive estate taxes.