30 Years Ago Today............

[Mutt]

George Steinbrenner bought the New York Yankees for the ungodly sum of 8 million dollars. Today the Yankees are valued at one BILLION dollars!

damn, how did the Yankees go for such a cheap price? I know they sucked at the time but c'mon......the NEW YORK Yankees.

[Almighty Colin]

17.5% per year compounded for 30 years. Pretty sweet.

[Paul Markham]

30 years ago they were seling Geoff Hurst (Scored a hat trick in a world Cup Final) for 100K or something like that.

Today some nobody who has never kicked a ball in an international is going for 5 mill.

But you can have me for $50. :nyanya:

[Vick]

What would be sweet is if Major Laegue Baseball collapses under the weight of it's own stupidity and the Yankees end up being worth ..... $8.88

[ulfie]

Being worth 1 billion on paper is not the same as actually being able to collect the cash.

[Nickatilynx]

Being worth 1 billion on paper is not the same as actually being able to collect the cash

But it doesn't suck :)