I woke up this morning to a discussion on Twitter about a hypothetical billionaire owner who could buy the Pirates, invest his life savings into building a winner, all while ignoring the financial losses year after year. The conversation stemmed from last night's article in the Trib about how Bob Nutting is "too rational". The article, written by Jeff Oliver, interviewed a former minority owner of the Pirates, Jay Lustig, who talked about some of the financial details with the Pirates. A few of the highlights:
**Lustig noted that Nutting was allocating the money properly, and running the business rationally, but mentioned that baseball is an irrational business.
**Lustig approached Nutting about selling to a multi-billionaire who was willing to come in and spend more money to see if ...
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