Saturday, June 21, 2014

TMZ.com: 'Shark Tank's' Kevin O'Leary -- Donald Sterling Is a Business Genius!!!

TMZ.com
Celebrity Gossip and Entertainment News, Covering Celebrity News and Hollywood Rumors. Get All The Latest Gossip at TMZ - Thirty Mile Zone. 
Book your hotel early for a discount!

You can reap the rewards with great discounts at participating Pullman, M Gallery, Grand Mercure, Novotel, Mercure, ibis and Formule 1 hotels.
From our sponsors
'Shark Tank's' Kevin O'Leary -- Donald Sterling Is a Business Genius!!!
Jun 21st 2014, 15:03, by TMZ Staff

062114_kevin_o'leary_launch
He may be a racist ... and an ahole ... but when it comes to dollars and cents, disgraced Clippers owner Donald Sterling is a LEGEND in the investment community ... so says "Shark Tank" star Kevin O'Leary.

Mr. Wonderful was out in L.A. last night when we asked about the risks of investing in pro sports franchises ... and that's when the financial genius brought up Sterling.

"I think sports teams are based on losing money while you own them and hoping somebody else pays a lot more later. That has certainly been the truth. I mean the Sterling situation really accentuates that."

He continued, "[Sterling] put $12 million in play and now [the Clippers are] worth $2 billion? Very. Smart. Man."

O'Leary explained that people can argue about the content of Sterling's character ... but at the end of the day, you can't argue with the cold hard numbers.

For more sports stories, check out tmzsports.com!

This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/content-only/faq.php#publishers.

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions