citizens of the Twin Cities, every time they: took a bus, went to a bank, drank a Pepsi or saw the Twins play.
When Carl was alive, he could have opened the purse strings anytime to field a winner for Eloise.
He didn't. Neither will his kid.
The Twins could spend up to the Luxury Tax limit of $206MM without any MLB repercussions.
The Pohlad family embraces the "Fred Flintstone" philosophy of business,"You're in the business army now, your only friend is a BUCK and the more BUCKs you've GOT, the more FRIENDS you've GOT."
They prefer to have the business "pay" for itself, when in reality, the operating loss incurred
by spending in excess of revenues, could be offset against earnings in other businesses they own
so that the operating loss of the Twins would DECREASE the overall income tax bill on all their holdings.
While not "free money", those tax savings would DECREASE the fiscal hit of
overspending in proportion to their effective tax rate.
The over spending on the Twins is subsidized by income tax savings.
Edited by Jacksson, 21 November 2018 - 01:25 AM.