Truth & Rumors > NFL

Estate tax threatens NFL owners

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Where the possibility of a stake in the Steelers being sold is cause for panic in Pittsburgh, the changing of the old guard is old hat in the NFL. Now that the days of Jack Kent Cooke, Leon Hess and Art Modell have given way to those of Daniel Snyder, Woody Johnson and Steve Bisciotti, some NFL observers figured it was only a matter of time before the Rooney family followed suit and sold a share of the Steelers.

Pittsburgh Tribune-Review

Daniel Snyder, Matthew Stockman/Getty Images Daniel Snyder, Matthew Stockman/Getty Images

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July 12, 2008  08:43 AM ET
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Why the pic of Snyder????

July 12, 2008  10:03 AM ET
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Snyder looks like a made guy.

July 12, 2008  11:36 AM ET
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That decision I made years ago to not accumulate a lot of wealth and buy an NFL team looks pretty smart now...No estate tax worries for me.......

July 12, 2008  11:39 AM ET
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51% ownership is still the majority.

July 12, 2008  12:41 PM ET
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This Estate Tax is probably the primary reason why my Buffalo Bills are going to be sold just after the death of Ralph Wilson. The man is too stubborn to sell the team while he is still alive, and is adamant about not leaving the team to his children because of said tax. There are people here, local who would buy the Bills in a heart beat, but he knows once he dies its going to the highest bidder who will more than likely move the team to another market. I guess Ralph doesn't want anyone to hurt his feelings about him selling the team to someone intent on moving it and him waiting for his death is a way to avoid those hurt feelings. In the immortal words of the late Tim Russert, GO BILLS! (But stay in Buffalo)

July 12, 2008  04:42 PM ET
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Immortal Tim Russert? Please.

July 12, 2008  08:43 PM ET
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The bottom line is....if your the owner(s) you do what you want, and F the fans in SOME cases.

July 12, 2008  08:54 PM ET
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In the immortal words of the late Tim Russert, GO BILLS! (But stay in Buffalo
===========================================================
Immortal Tim Russert? Please.

BigSkinBrawler | 07/12/08, 04:42 PM

The words...............not Tim Russert.

July 13, 2008  12:33 AM ET
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As long as there is no estate taxes on fantasy team owners I'm ok.

 
July 13, 2008  08:29 AM ET
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Hey larry great comment man great comment;
then they move the steelers to Dubai; i wonder what the name change would be

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