Tons of good stuff in here. Terrific writer:

‎"Snyder Communications was a business. The Redskins are a toy. The former he ran to solely maximize profit. The latter he runs for his psychic benefit as a reward for all the years he spent being disciplined and rational. "

"of course an owner is only losing money if he values the psychic benefits of owning an NBA franchise at zero and if you value psychic benefits at zero, then you shouldn't own an NBA franchise in the first place. You should sell your "business" at what is sure to be a healthy premium to someone who actually likes basketball."