The O has another howler up at the moment from the Trail Blazers -- this one from Paul Allen himself:
"It's hard. As a businessman, I'm out of pocket hundreds of thousands of dollars each and every game. That's brutal."
Allen said he would rather see the money go to community charities, education or health and science research.
But Paul, you've never given any real money to those causes here in Portland. So we're supposed to pay for your fantasy toy, so that you can be Mr. Bigshot Philanthropist up in Seattle?
I suggest you spend a thousand or so on a set of these.
DOS Boy's lament about how much he loses each game is another one of his classic bonehead p.r. moves. He really shouldn't dare us to do the math.
His net worth is estimated at $22 billion. That's $22,000,000,000. He says he'll lose $100 million over three years -- that's $33,333,333 per year. Divided by 41 regular season home games in Portland every season, that's $813,008.12 per game. Sure, it's big bucks.
But how much does a guy who's worth $22,000,000,000 feel from an $813,008 hit to his net worth? Far less than the average Trail Blazer fan feels from buying a ticket to a game, that's for sure. Bear with me through some more arithmetic here. Paul's per-game loss of $813,008.12 amounts to 0.0037 percent of his net worth.
Now let's say the average ticket to a Blazer game runs $50. It's probably more than that, but let's take $50 for the sake of the calculations. How big a chunk, percentage-wise, does a $50 ticket take out of the average fan's net worth? Well, let's see, in order for it to be only 0.0037 percent, you'd have to have a net worth of $1,353,000!
So listen up, all you Trail Blazer fans with a net worth of more than $1,353,000 -- Paul Allen deserves more of your money by way of state and local taxes. But as for the rest of us, all I can say is, "Paul, sweetie, it hurts us more than it hurts you. Enjoy the games in your new city."