Estate tax threatens NFL owners

Posted: Saturday July 12, 2008 08:24AM ET

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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Why the pic of Snyder????

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Snyder looks like a made guy.

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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.......

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51% ownership is still the majority.

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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)

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Immortal Tim Russert? Please.

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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.

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In the immortal words of the late Tim Russert, GO BILLS! (But stay in Buffalo
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Immortal Tim Russert? Please.

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

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

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As long as there is no estate taxes on fantasy team owners I'm ok.

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Watch for the investment frim from abhu Dabi to buy the Steelers

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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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