Even Robert Reich is Disappointing Me

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46. There are some that almost have to be

Because a lot of the money is more theoretical than what they may actually have at their disposal on a day to day basis. For instance, the Rooney family owns the Pittsburgh Steelers and have for nearly 100 years. That was a great investment when they got the franchise back in the day for a couple of thousand bucks since it's worth about 7 billion now. They pay their star employees (the players) well and they have plenty of other folks on their payroll who come out pretty nicely too. I mean, maybe they could pay their janitors better, I don't know...but the point is they aren't hoarding money. The team is worth a ton because the NFL is a massive brand and they were lucky enough decades ago to get in on it. I'm not sure what they could do about that unless they sold their entire stake and then gave it away.