Source: BroBible
Summary
Tom Dundon, the new owner of the Portland Trail Blazers, has been making headlines for his attempts to cut costs. This includes lowballing potential head coaches, with St. Louis coach Josh Schertz reportedly turning down an offer of $1 million per year, which is less than his current college salary. Schertz has since signed a six-year, $22 million extension with St. Louis. Dundon’s frugal tendencies have been criticized, but he appears to be unbothered.
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The habit of penny-pinching gets a new name.
Tom Dundon’s attempts to cut costs have become a pattern of behavior, from depriving fans of free t-shirts to lowballing potential head coaches. Josh Schertz, the St. Louis coach, reportedly turned down an offer that was less than his current college salary. Dundon’s frugal tendencies have been criticized, but he seems to be unbothered. The Trail Blazers’ new owner is making a concerted effort to keep costs low, and it’s not just about the money – it’s about the message.
The lifestyle of a billionaire sports owner enters the chat.
Author: Evan Null
