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Saturday, Dec 27, 2003

skins game

much reviled in the media, washington redskins owner daniel snyder apparently knows how to make money. its almost refreshing for a professional sports owner to actually admit that it can happen. good rundown of the teams financials. whats amazing is that the top tiered players can earn in one year nearly as much as the team generates in profit. that doesnt take into account what an owner can eventually make as a teams value increases over time but its still pretty hard to believe.