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Bucs G.M. Dominik defends ownership

The fact that the Tampa Bay Buccaneers are about $35 million under the salary cap has, reportedly, rankled some Bucs fans who would prefer to see more of owner Malcolm Glazer’s money spent on improving the team.

The fact they were rankled has now irked Bucs G.M. Mark Dominik. Speaking to Ira Kaufman of the Tampa Tribune, Dominik went to bat for his bosses Wednesday, using the firing of head coach Jon Gruden and Dominik’s predecessor, Bruce Allen, as evidence.  

“People that say the Glazers are cheap don’t realize they fired Jon Gruden with three years left on his contract, along with Bruce Allen.  They could have tried to ride that out,” noted Dominik (who would likely have a smaller office right now if they had).

Dominik dismissed speculation that the Glazers’ ownership of Manchester United (the other kind of football) created a financial drain for the Bucs.  Dominik also rattled off the deals done that he feels counter the “Glazers are cheap!” argument.

“We drafted a quarterback [Josh Freeman] in the first round and everyone knows it’s an expensive contract.  Jeff Faine became the highest-paid center in the league. We . . . made [Derrick Ward] the highest-paid free-agent running back.”

There were more, but you get the picture.  And Dominik does have a point.  The fact that the team is going through a rebuilding process naturally means there will be younger, lower-priced players on the team.  And, given that the salary cap has risen from $84.5 million in 2006 under the old CBA to more than $125 million now, having abundant cap room isn’t as indicative of miserly spending as it once was.

As for bringing up the firings of Gruden and Allen as evidence that the Glazers aren’t cheap?  He probably could have left those out, since firing Dominik eventually could provide further evidence that the Glazers aren’t extremely careful with money.

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7 Responses to “Bucs G.M. Dominik defends ownership”
  1. thetruthhurts says: Sep 17, 2009 8:30 PM

    “Dominik dismissed speculation that the Glazers’ ownership of Manchester United (the other kind of football) created a financial drain for the Bucs.”
    Nope.
    “In July 2006, the club announced a refinancing package. The total amount will be £660 million, on which interest payments will be £62 million a year[30] (wikipedia).”
    No way.
    Over US$1billion in commitment to the financing of Man U has nothing to do with the Glazer’s reluctance to shell out cash to their red-headed stepchild franchise.
    Nothing.
    Over US$100 million a year in debt service alone.
    Nothing at all.
    What a joke. If I were a Bucs fan…well…I’d probably have already killed myself.
    But if I were a Bucs fan and possessed of an indomitable will to live, I would be in a biblical rage and smiting my season tickets like the Amalekites.
    Those poor people…

  2. weinberger83 says: Sep 17, 2009 8:45 PM

    People forget that gruden and Allen are still getting there 5 million a year over the next 3 if they don’t find another job must be nice

  3. Bill Cowher's Chin says: Sep 17, 2009 9:00 PM

    LMFAO, seriously, how can anyone dispute that they are purposely not spending money?????
    I dont care if they spend money on players or not, but it is pretty clear that they arent itching to spend any cash…….

  4. brasho says: Sep 17, 2009 9:05 PM

    I am a Bucs fan and the owners being cheap is nothing new. Hugh Culverhouse made Bill Bidwell look like a freespender. For just a little while the Glazers spent money and the Bucs were among the best… but those days are over… and now it is time for them to sell… or wait for Malcolm to pass.
    Eddie DeBartalo was said to be interested in purchasing the team… every Buc fan should be in favor of this.

  5. coaltrain says: Sep 17, 2009 11:24 PM

    @ brasho..
    you are right on about Hugh, Didn’t he own Tampa Elecric too back in them days?
    Remember the “Screw Hugh” billboards up around Tampa back then? lol
    Being a “76er”,, cheapness aint nothing new. Still love my Bucs.

  6. pfinfl says: Sep 18, 2009 7:29 AM

    Dominik
    You lie!

  7. texasPHINSfan says: Sep 18, 2009 4:10 PM

    Man U is more fun to watch than the Bucs anyway. Can’t say i blame the Glazers.

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