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Bad Economy hits the Redskins

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Old 01-09-2009, 07:17 PM   #14
djnemo65
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Re: Bad Economy hits the Redskins

Quote:
Originally Posted by Dirtbag359 View Post
That was the first thing I asked myself especially when I heard a director had been released. Unfortunately my wishes were met with sorrow.

Anyway I think this is a good time to get something off my chest. One of the things I keep on hearing about Dan Snyder is that at least he's a great business man. After thinking about it I came to the conclusion that he's not even that. If anything he WAS at least a good business man sometime in the past. Afterwards he took his earnings and got himself a cash cow (The Redskins). For those of you who don't know what a cash cow is, it's a mature product that will earn money no matter what. The Redskins are such an economic asset. Practically anyone could make money off the Redskins.

However if you look at his other businesses with six flags and the radio deal you'll see he's had trouble making a profit before the recession really did it's damage.

Man look at me I'm starting to sound like JLC. Either way I'm surprised that the recession was even able to reach the Redskins.
If you're so smart why ain't you rich?
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