Skip to content
Wednesday, July 29, 2026
Going Concern

When accounting goes unaccounted for

  • News
  • Big 4
    • Deloitte
    • EY
    • KPMG
    • PwC
  • Salaries
    • Latest Salary Articles
    • 2024 Accounting Salary Projections
    • 2023 Accounting Salary Projections
  • CPA Exam
    • 2024 CPA Exam Changes
  • Career
    • Remote Work
    • Career Advice
  • Jobs
  • Leadership
  • Advertise
  • Resources
    • Contact Us

Why Would Someone Want to Buy a Sports Franchise?

Posted on August 25, 2010 by Caleb Newquist

“Because of the way the value of sports franchises generally appreciates each year in the marketplace, each owner is in it for the holy grail, and that is to sell the team eventually when they realize very nice capital gains.”

~ Brian Beerman of Beerman, Piper & Associates LLP insists that championships are NBD.

Posted in Quote of the DayTagged Baseball, capital gains, Sports franchises

Post navigation

Previous: Bob Herz Retiring as FASB Chair
Next: Accounting News Roundup: Herz Departure Is a Gift for Banks; American Apparel Blames Deloitte for Late Filings; Your Commute Isn’t That Bad | 08.25.10

Related Posts

  • Quote of the Day

Quote of the Day: Did the Ernst & Young Webcast Mention This? | 03.19.10

  • Caleb Newquist
  • March 20, 2010

“I believe the manner in which the Firm is reporting these assets is potentially misleading to the public and various governmental agencies.”

~ Matthew Lee, former Lehman Brothers Senior VP in charge of consolidated and unconsolidated balance sheets, in a letter to certain LEH executives. He was fired.

  • Quote of the Day

Quote of the Day: Is Michael Koss a Sad or Happy Clown? | 03.04.10

  • Caleb Newquist
  • March 5, 2010

“Michael Koss is a clown. He does not belong on the board of directors of any company. He needs to be minding his own company, and until he can clean things up there, he should not be allowed to go outside and play.”

~ Tracy Coenen, on Mr Koss’ resignation as the Audit Committee Chairman of Strattec Security Corp.

  • Quote of the Day

It’s Been Awhile Since Charlie Rangel Had a Bad Day

  • Caleb Newquist
  • July 30, 2010

“Sixty years ago, I survived a Chinese attack in North Korea and have said that I haven’t had a bad day since. But after today, I may have to revise that statement.”

~ Rangs had a helluva run. Not that it’s any consolation.

Accounting Jobs

The next generation of accounting jobs.

Accountingfly connects you with remote accounting jobs in the public and private sectors.

Visit accountingfly.com to find a remote job or to hire remote talent.

  • Remote Tax Accountant/Advisor

    Remote
    • Posted 16 hours ago
  • Remote Tax Director

    Remote
    • Posted 16 hours ago
  • Remote Tax Manager

    Remote
    • Posted 16 hours ago
  • Remote Tax Manager

    Remote
    • Posted 16 hours ago
  • Remote Tax Manager

    Remote
    • Posted 16 hours ago
Load more listings

See all jobs>>

 

Useful Links

  • Jobs
  • Career Advice
  • Terms of Use
  • Contact Us
  • Submission Policies and Guidelines
  • Going Concern Community Guidelines
  • Privacy Policy
  • Cookie Policy

Jobs

  • Remote Tax Accountant/Advisor

    • Remote
  • Remote Tax Director

    • Remote
  • Remote Tax Manager

    • Remote

Jobs

  • Remote Tax Accountant/Advisor

    • Remote
  • Remote Tax Director

    • Remote
  • Remote Tax Manager

    • Remote

Career Advice

a cat looking quite mad

Daily Wire is Pissed Off About a PwC Career Program That Excludes White and Asian Candidates

  • Adrienne Gonzalez
  • February 7, 2025

Although this should have been on their radar already because PwC got sued by America First Legal over it two years ago, conservative muckraking site Daily Wire has just now…

guy giving double middle fingers

The Only Piece of Advice You Need to Survive Layoffs at Your Firm

  • Adrienne Gonzalez
  • August 7, 2024

Comment on "How are layoffs decisions really made?" via r/Big4 If it backfires so what, they were going to lay you off anyway. I really hope this advice gets sucked…

woman with glasses being interviewed for a job

Weekend Discussion: Let’s Talk Counteroffers

  • Adrienne Gonzalez
  • June 29, 2024

Earlier this week, a recruiter told me a story about a job seeker who was already employed but looking to jump elsewhere. She interviewed with a firm that really loved…

Advertise

  • Media Kit
  • Contact Us

Follow Us

DMCA.com Protection Status
Copyright © 2026 Going Concern

Before you go!

Are you Looking for a fresh accounting career opportunity?

Going Concern now has thousands of open accounting jobs.

Take a look – click here!