Utah developer says he has 'tons of plans' as partial owner of Real
Incorrect good sirSome leagues (COUGH NBA COUGH) survive on govt welfare
like you said, but others the MLB and NFL are quite sound books wise, and NHL
and MLS rely more on the owners to take a hit every once in a while, but don't
go begging to the government like Stern did this past year. I wouldn't worry
bout the Jazz, as they are a stable franchise, but if the NBA begins to rest too
much weight on the popular teams to support the league, expect them to take the
Jazz into the pit.As for Rio Tinto, if RSL continues its rate of growth
I've seen, the "money pit" (though I bet citizens are still paying off stadiums
they forgot about) will become profitable.
it is true, "the key to a man's heart is through his belly." He was pretty
impressed with the food....LOL!
should have had this guy and a few other rich Utahns got together to buy the
Rio Tinto is absolutely beautiful and will be a catalyst for growth in the
surrounding area once our economy begins to recover. I absolutely believe that.
Incidentally, love it or hate it, it's here to stay. Worried about
it's success? Then start buying tickets to RSL's games. Cheer on the team. If
they win, Utah wins. It really is that simple. And we really are fortunate to
have a team.Thanks to Mr. Checketts and now to Mr. Hansen (and the
many others that contribute to the success of RSL).
i don't think checketts ever owned "the knicks". he may have been president of
the new york nicks and also president of madison square garden (there are 2
presidents of the garden). the point here is that soccer is an incredibly
exciting sport in europe. The london times devotes about 12 pages each sunday
to one sport...soccer. It is just a matter of time before this sport becomes
gold in the united states. sure it will probably never rival NFL or NBA..but it
certainly has the potential to nip at their heels.hanson is a brilliant
business person. I am sure that he will be a tremendous strength to the team.
As far as checketts having other outside interests...more power to him. I don't
fault him for trying to reach his potential. He certainly has some impressive
credentials in the professional sporting world. It is a win win for Utah and a
win win for soccer in Utah.
Divesting shares in this way is not liquidating them. It is sharing the burden,
not dropping it.Capitalizing the investment and reinvesting the cash
is an excellent move designed to grow the business and make it more secure.I also like Hansen's spontaneous decision. It's like all the pieces just
clicked into place. A national event, family atmosphere, community roots, good
food, good company, bright future.The timing of this couldn't be
better ahead of the MLS cup final.I'll bet Real money the Real
estate management side will soon start looking at expanding the Real Salt Lake
I couldn't agree more. RSL and Rio Tinto are a money pit. I wonder if RSL, and
the state and local governments involved will be transparent about the Profit
and Loss statement on this disaster. It will be interesting to see.
...wrong on so many levels.
Either way the jazz were given to Miller by Dave checketts...You forgot to
mention checketts was the owner of the new york knicks. Only the most valued
franchise in the NBA...
This (Rio Tinto) is one of the great Utah State Government boondoggles. The
dirty little secret in Pro Sports is that they're really not very sound
businesses, by and large, and can typically only survive with government
welfare. Do we as taxpayers intend to subsidize a half-full (if we're lucky) Rio
Tinto stadium indefinitely. This thing will never make money, so someone will
have to pay the price.
No, he bought the team, the Blues and probably the Rams with other people's
money. Larry didn't have any other investors.
I'm not sure if you are talking about checketts or the Miller Family? Either
way you are right i guess.. Checketts bought RSL by himself. Miller bought the
Jazz by himself. They both used public funding to pay for their respective
One thing people forget about the "miller" family is that without checketts they
have no shot. He brought Larry MIller in to replace Same Batistone as owner when
he was president. He drafter malone and stockton and made the team a success in
Utah. Then he left and changed the mindset with the knicks as they made the
playoffs 10 years in a row. When he left, things went downhill. So having
checketts in Utah is only a good thing in my opinion he is successful here and
has proven his worth in the past. Im glad Hansen is on board, seems like a jolly
guy with alot of money, and well money is green.....
Hansen is a genius. He's built a real estate and sports empire from scratch in
a few decades. If he's involved in this, you can bet that it's good for the
team's long term value--and that's good for our community. Respect.
that most of his purchases have been with other people's money, not his own.
It's great having a local owner! Provides much more stability to the team.
Bottomline: I don't care who owns the team. RSL is here to stay and so am I.
This is a great investement for Hansen! The MLS grows in value every single
year! Hansen acts as if it were just some completely spontaneous thing and
as if he is doing it just for the fun of it... The guy is no bum off the
street, he likely makes up to 15 or 20 times what you and I make.. This is a
good investment and he knows it..
Selling a minority share is not a liquidation move. It's a capital move and the
idea of having a local partner is smart.
This is great news. Upgrading the Facility, new practice field, more stability
for the club.You kids will always find something to complain
about.P.S. the Miller family succes has come and gone.
Brunopuppy, you do realize that once Checketts buys the st. Louis Rams that he
will be a much larger name that larry, and greg miller will ever be!Tiny Jazz market or the st. Louis Rams.. Hmmmm let me think about that one!
I'LL TAKE THE ST. LOUIS RAMS!!!
Back when checketts brought rsl to sandy everyone thought he was such a snake..
Now that he is going to buy the St. Louis Rams he is a gutsy pioneer right up
there with the miller family!Checketts was and always has been a
great owner and business man..
If you don't care then why did you comment on this story?
I have some beachfront property in Magna I think he might be interested in too.
Howard good to see you back on here bashing soccer and RSL.. @ReJM: What
makes you think they won't build a new practice facility??? They already built
one, and dont forget an entire 20,000 seat stadium!It doesn't matter
to me who the owner is as long as Real Salt Lake continues to be profitable and
curt,Checketts isn't even in the same zip code as the Miller family
with either enthusiasm or guts.
Dave Checketts has really put his money where his mouth is. And it has taken a
great deal of grit, determination and intelligence. The Miller family is to be
lauded for all that they have done, but Checketts is right up there with his
enthusiasm and guts.
Paying off debt makes Checketts more stable personally, but does nothing for RSL
stability. Checkett has a far more high profile sports investment
in mind than RSL. Liquidating his interest in RSL is likely part of that
investment.As for a new practice facility... uhhh... yeah right.
what we could have had Michael Eisner!
Sounds to me like Dave is simply being a responsible business owner. Paying off
debt to make the team even more financially stable. And how is paying off debt
and investing the money back into the team "taking the money and running"?
Seems to me, poor little Howard is jealous of Dave's success.
Looks like Checketts has begun liquidating his interest in RSL.Hmmmm.... take the money and run... what a surprise.