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Re: ryan on ownership
< Does anyone on the list have any insight into why Ryan is so down on
the new owners? And please do not simply chalk it up to "they're simply
too enthusiastic." I would imagine Ryan would love an enthusiastic group
of owners particularly after Gaston. > - Tom Murphy
Insight? Probably not, Tom. But here is my .02 cents anyway. I would
love to raise my rate to .03, but honestly, after so much resistance to
my .02 bargain rate...
Here are Bob Ryan's two references to the new owners -
< I might even go so far as to label him (Walter) ''lovable.''
But that is not a word anyone other than Wyc Grousbeck and Steve
Pagliuca, those time-warped dreamers, would use to describe the
finished product. The question is not necessarily whether the
Celtics will advance. It's whether the fans want them to. That
would require further viewings, and people may already have
decided that enough is enough for one season. > - Bob Ryan
< So it's 1-1 and the Celtics are going back home to a building
they hardly own. But 1-1 it is, and if you aren't grateful for that
good fortune your name must either be Wyc or Steve. > - Bob Ryan
MY TAKE is that Bob Ryan feels:
1) The new Celt owners very much overpaid ($360 mill for a franchise
that Forbes Magazine estimated the value of at $218 mill) for a
product/team they naively overrated and assumed through their smarts
that they could actually improve the bottom line, make scads of money,
and have a little fun.
2) The new owners are living in the past (''time-warped dreamers''
caught up in the Celt's storied history) and that they could not believe
their precious purchase could lose even one playoff game on the road.
3) The new owners are even more naive for thinking their team
was actually worthy of raising ticket prices even before the season
ended and the playoffs began.
4) That anointing co-owner and venture capitalist Stephen Pagliuca as
de facto GM rather than replacing Wallace with an experienced GM,
also smacks of hubris. To be fair, I should mention here that Pagliuca
was the starting PG at Jefferson Memorial Jr. High before studies got in
his way.
Is it a stretch to assume that Ryan is simply thinking that our new
BT are sophomoric CONTROL FREAKS? That he questions if Harvard
B School ever offered a course in NBA Basketball 101? Is he fearful
that we will eventually see co-owner Wycky Grossbeck succeeding
Obie on the bench, his dad as head scout, and his mistress dispatched
to Monaco as VP of Euro operations?
Eggy