Two lines from that article sum up the entire problem with MLSE ownership:
“You look at value creation and, you know, quite unfortunately, these teams are not worth that much money,”
If his entire goal is making the Forbes list and not building an entertaining product, then he won’t bother to make the team better. No one gets rich owning a a CFL team, but they can turn a profit, albeit in the low millions and not billions. Tanenbaum would prefer to have a lousy NFL team because their valuation would be high, even if the on-field product sucks. . Terrible type of owner for fans to have to endure, because he’ll only care about his bottom line and not the fans who pay the freight and want success measured in wins and not the owner’s valuation.
“Community owned teams in Edmonton, Saskatchewan, and Winnipeg are happy with the status quo”
So the league’s most profitable and best attended franchises are not the model you want to emulate? Tanenbaum doesn’t want to match their kind of success because he sees their profits as too meagre, even though their bottom line is better than his right now. How about trying to match their success first and then looking to get better as an entire league rather than blow it all up because only you can’t get it right like they have?