The McCaskey Family owns an 80% interest in the team with McKenna and Ryan owning 20%. If they were to sell another 26% they would still have controlling interest but would have more voices to answer to.
If I'm correct one single person or entity must own at least 51% of an NFL franchise and I recall there were also some terms attached to the money the NFL loaned on the renovation of SF and if they team is sold that would come due.
Based on this I think it's doubtful we'd see them sell controlling interest in the team now or in the near future. Whatever arrangements they have for passing ownership after Ginny's death have long been in place and are buried in secrecy as far as I know.
I believe your right about that 51%. That was a huge deal when Toronto was trying to buy the Bills and move them here. Then they brought in Bon Jovi and well the good folks of Buffalo wanted nothing of that.
We all ought to chip in our combined Bearz Bucks from the old board and make an offer to buy the team. We could just post polls here to decide everything. We could replace Pace with Ricza (or Alex... but with the new baby, Alex is probably pretty busy this season).
It wouldn't be easy. I understand that. We'd have to match up the various posters with jobs on the team. Weneedmorelinemen would be a solid OL coach I think. Soulman would be the guy to fix Cutler... so he'd be a good OC. We'd have to figure it all out...
Loki would have to figure out how to get all of our Bearz Bucks though. They're probably all locked up in Ski's basement.
Must be something going on that the family needs the money.
They said that many of the family "only get 185-200K a year" off the Bears; it's that group that is wanting to see some of the Bears sold so they could get "paid". Seems there is a portion of the family looking at wanting to get one big payday. 185-200K probably doesn't go as far as it could in Chi-town, poor bastards probably need to find a part time job; maybe even a full time job.
Must be something going on that the family needs the money.
They said that many of the family "only get 185-200K a year" off the Bears; it's that group that is wanting to see some of the Bears sold so they could get "paid". Seems there is a portion of the family looking at wanting to get one big payday. 185-200K probably doesn't go as far as it could in Chi-town, poor bastards probably need to find a part time job; maybe even a full time job.
According to Hub on 670 just now the Mc's have a some family that doesn't make a ton off the team and are wanting to get paid. And that over the last 6 mo's there have been consulting firms in HH, but it's regarding the potential sale; of up to 26% of the team, the Mc's would keep majority ownership.
What's the point of that? The ineptitude stays. Kinda like Reinsdorf only selling 26% of the Sox and forcing the minority ownership to keep Hahn and Williams, That serves no purpose and would literally piss off perspective buyers.
Anyone wanna chip in? Will be sad to see the team being sold tbh, I like the history of the Bears. But if it means we can be contenders sooner or later, lets do it.
According to Hub on 670 just now the Mc's have a some family that doesn't make a ton off the team and are wanting to get paid. And that over the last 6 mo's there have been consulting firms in HH, but it's regarding the potential sale; of up to 26% of the team, the Mc's would keep majority ownership.
What's the point of that? The ineptitude stays. Kinda like Reinsdorf only selling 26% of the Sox and forcing the minority ownership to keep Hahn and Williams, That serves no purpose and would literally piss off perspective buyers.
Baby steps Malaga. Again I think it shows a overall lack of interest by the family itself. Once you break a piece off, more is likely to follow as external and internal pressures mount.
What's the point of that? The ineptitude stays. Kinda like Reinsdorf only selling 26% of the Sox and forcing the minority ownership to keep Hahn and Williams, That serves no purpose and would literally piss off perspective buyers.
Baby steps Malaga. Again I think it shows a overall lack of interest by the family itself. Once you break a piece off, more is likely to follow as external and internal pressures mount.
I know Ric, it's just obvious as a sports fan these owners (whatever sport in general) have no f'ing clue on how to run a modern franchise and just cheat the fans out of a competitive product year after year. It gets old. The Hawks and Cubs are just good examples of owners who have built an FO and team to compete for championships for years to come.
We all ought to chip in our combined Bearz Bucks from the old board and make an offer to buy the team. We could just post polls here to decide everything. We could replace Pace with Ricza (or Alex... but with the new baby, Alex is probably pretty busy this season).
It wouldn't be easy. I understand that. We'd have to match up the various posters with jobs on the team. Weneedmorelinemen would be a solid OL coach I think. Soulman would be the guy to fix Cutler... so he'd be a good OC. We'd have to figure it all out...
Loki would have to figure out how to get all of our Bearz Bucks though. They're probably all locked up in Ski's basement.