Blog Entry

NFL Wants To Keep The Tradition

Posted on: August 27, 2008 6:29 am
Edited on: August 27, 2008 6:30 am
 
Let's play some word association.  If you were to say Steelers, then you cannot deny that what comes to mind is Rooney's.  If you say Rooneys, then what comes to mind is the Steelers.  No doubt the Pittsburgh Steelers go hand in hand with the long time ownership of the Rooney family, beginning with Art Rooney, Sr.  

It is not a secret that several of the Rooney brothers are looking to sell their shares of the Steelers, partially because of their ownership in gambling operations, partially because they feel it's time to sell their interest for estate reasons.  So, as the saga of who, in the end will be in control of the Steelers, fans of the Pittsburgh team watch and wait.  Currently there are two offers for the Steelers.  One by Dan Rooney and his son Art Rooney II, the other, by Stanley Druckenmiller.  Druckenmiller has already stated that, should he be allowed to buy the team, that he would keep Dan and Art II in their current role.  Nor is there a worry that the Steelers would suffer any significant changes since Druckenmiller is a long time Steelers fan and a member of the Pittsburgh community.  Now the question becomes, will the Steelers be synonymous with the Rooney's or will the tradition end with the sale to an outside source.

If the NFL has it's way, it will continue the tradition of Rooney control.  Yesterday, all the Rooney brothers met with NFL Commissioner, Rodger Goodell.  According to a Pittsburgh Post Gazette article, Goodell advised the brothers that the NFL would prefer to see Dan Rooney and his son in control of the team.  To make his point, three other owners of NFL teams were present for the meeting.  Sale of the Steelers would require the NFL's approval, and Goodell made it clear that the owners would prefer to see the Rooney's maintain control of the team. 

No doubt the NFL would prefer that the Rooney's remain an active member of their organization, given their dedication, not only to the Steelers but also to the league.  The Rooney's have been active leaders within the NFL and have not only endeared themselves to the players, the community, but also have the respect of the other owners within the league.  Now the question is, will the other four Rooney brothers heed the implied threat of a scuttled sale, and at least sell enough shares to Dan Rooney to maintain control, or will they take the chance of giving over control to an outside entity.

Now we watch and wait, to see if the tradition continues.
Comments

Since: Mar 8, 2008
Posted on: August 29, 2008 8:24 pm
 

NFL Wants To Keep The Tradition

I think the Rooneys and the NFL should get together and pick a woman to buy part of the team, kind of as a junior partner. Someone respectable and intelligent like Sarah Palin...  Sorry mom, I just HAD to. 



Since: Apr 28, 2007
Posted on: August 28, 2008 9:15 pm
 

NFL Wants To Keep The Tradition

I really liked this blog I had no idea... I thought i knew al ot about foot ball but this just proes that hell there's pretty friggin fottball bright people...



Since: Jan 30, 2008
Posted on: August 28, 2008 8:41 pm
 

NFL Wants To Keep The Tradition

why would you sell the best team ever these people have so much money already .just doesnt make much since to me



Since: Sep 9, 2006
Posted on: August 28, 2008 12:00 pm
 

NFL Wants To Keep The Tradition

B&G Sack Attack,

I don't see this being taken care of before the season starts...since that's next week.  I'm not sure whether or not to believe that it's not going to effect the players in some form or another, however, they're professionals and I'm sure they'll adjust to it.  Thankfully, I haven't seen much of the media asking them about the impending sale, so that takes away some of the diversion.

I like Dan Rooney's apparent dedication to the Steelers and to his fathers legacy.  I don't think that even with a full-fledged sale, that the Steelers will move, since it could effect their "marketability" and perhaps hurt their revenue intake (given what we've seen in history when other teams moved). 




Since: Sep 9, 2006
Posted on: August 28, 2008 11:48 am
 

NFL Wants To Keep The Tradition

Well JD, I'm not sure if the end days of the Roman Republic is what it reminds me of...unless, you're also including the ongoing saga with the Bills also.  Somehow seems to me though of what we tend to see with company mergers.  Sometimes mergers do well when they go through and then sometimes...just sometimes....



Since: Sep 9, 2006
Posted on: August 28, 2008 11:46 am
 

NFL Wants To Keep The Tradition

Agreed NE2WA, Goodell brought up about the fact that Dan Rooney was well respected and tried to show that the league would do what they could to back him. 

It will be interesting to see if Druckenmiller actually does invest or, as mentioned in the article, who the minority investors that Dan Rooney have been talking to end up being. 




Since: Sep 9, 2006
Posted on: August 28, 2008 11:31 am
 

NFL Wants To Keep The Tradition

Yank,

I can see how Wellington Mara's death and the subsequential sale of half the team would have left Giants fans concerned.  It could easily go another way as we have seen with the Rams and the Cardinals, having moved out of one city for another.

So, football has it's own "Kennedy's" in the Mara/Rooney match up.  Not surprising though.  Long time owners tend to spend quite a bit of time around each other, why shouldn't family members get to know the other coaches families.

 




Since: Sep 9, 2006
Posted on: August 28, 2008 11:27 am
 

NFL Wants To Keep The Tradition

Jelly,

I will admit, I have no clue about estate tax laws.  Not sure how much that's effecting the decision of the other two brothers (two have their hands in gamblig...it can be assumed that the other two are looking at estate taxes). 

NFL is in a sense bringing about the sale of the Steelers shares by the two brothers who does have their hands in the gaming industries.  Guess, according to the article, the NFL was hoping they'd sell off their horseracing tracks.  Could reflect some impropriety due to possible questions on betting on the game, etc.  The NFL and the owners do vote on the sale of the team.  As stated, Goodell pointed out that it only takes 9 votes against the sale to squash the sale. 




Since: Aug 26, 2008
Posted on: August 28, 2008 10:36 am
 

NFL Wants To Keep The Tradition

The Pittsburgh Steelers do a good job of signing all of their players before the 1st game of the season. Let's hope that the ownership issue can get sealed up by then too!

I wouldn't hold my breath though.

From what I read on the Steelers web page, the players aren't worried about the ownership issue, which helps to keep their heads in the game. They feel they shouldn't worry about the things they can't change, and focus on the things that they can.

Steelers Chairman Dan Rooney stated, “I have spent my entire life devoted to the Pittsburgh Steelers and the National Football League. I will do everything possible to work out a solution to ensure my father’s legacy of keeping the Steelers in the Rooney family and in Pittsburgh for at least another 75 years.”

Let's hope so.

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JudgementDay
Since: Jun 23, 2007
Posted on: August 27, 2008 7:44 pm
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