A few things:
- Ryan Smith is a new rich person. Like within the past decade. I don't question his commitment to the team as he seems to be a die-hard. He's also from here. However, this is a major purchase. For someone with new money this may have a lot of unexpected surprises, and that would be the biggest thing that could make them in Utah unstable.
- Apparently he sold his company for $8B. Google search says he may be worth about 3 billion. Who knows how much of that is tied up. Gail Miller's net worth is estimated at about $1.7B, so I guess that's good. Guys like Mark Cuban who have been perceived as willing to spend and being big fans of their team, he's worth $4B. I don't know what to make of a lot of this, but investing a large portion of your net worth into one basket can get risky.
- I've heard he follows my posts of JFC and is a big fan of a lot of my ideas, so there's that. Maybe I'll be GM.