Ross not allowing Ireland to spend money could have a far more charitable interpretation. It prevented Ireland and Sparano from making the kind of decisions that handicap a team in the long-term in order to save their ***** short-term. It can also have a more sinister interpretation: Ross doesn't want to spend because he doesn't have the resources to spend. The guy's net worth was made in real estate. I can think of no business in a more precarious situation now. Ross' Related Companies are one of the biggest, if not the biggest player in South Florida condo development and if anyone knows the state of Miami's condo market it's an epic disaster. Buildings that are over-leveraged and virtually empty.
I don't claim to be an expert in such things, but I don't see how he's making money on many of his real estate holdings. The debt levels on the buildings themselves, lack of tenets and rents in the commercial sector and declining values and homebuyers in the residential sector, especially the condo niche which has been the domain of flippers trying to make a quick buck for years, and I frankly don't see how Ross isn't experiencing some financial difficulties, his net worth aside, he's got to have cash flow from the team or from his outside businesses to have the resources to chase high priced players and coaches.
