Could Jazz Be for Sale? Utah Rumor Mill in Full Production

J. Michael MorrisSenior Analyst IDecember 20, 2008

You've all heard that Carlos Boozer accidentally on purpose expressed his desire to make more money in a casual conversation with an reporter. Boozer, like everyone else in the world, thinks he is more valuable than his employer does. His honesty is apparently shocking to fans, coaches, and franchise owners.

I have some actual shocking news from the Utah Jazz franchise. You will not find these items reported anywhere else. The beauty of being an Internet blogger is that I have no journalistic idealism or politically motivated editor to censor these forthcoming rumors.

Let's be very unclear here, I don't know if any of these rumors are true and I don't have to. It's called speculation. Without rumors, there would be no investigations or breaking news. Do we really have to wait for official announcements before it is prudent to report something?

I do have a very good source, though. A guy named Bubba plays in an illegal poker game (I'm not making this up) with someone inside the Utah Jazz organization who is not technically a cheerleader but may occasionally wear an animal suit at games. Let's call him Stacy, behind his back, due to his feminine dance style and in order to conceal his actual identity and hopefully preserve his job. Stacy is better than Deep Throat, isn't it?

Bubba told me that Stacy said, after his pocket bullets lost a $2,200 pot to an inside straight draw on the river, that Jazz owner Larry Miller had both feet amputated recently. His diabetes and severe case of gout forced him, a few months ago, to turn over operations of the family businesses to his son Greg.

This rumor-ish news, along with the recent economic woes, is affecting the entire family business.

Larry H. Miller, as he is known in the SLC, made his fortune from car dealerships. With an impending forced bankruptcy of the big three U.S. automakers, auto dealerships across the nation are dropping like second gear in an automatic transmission of a 1992 Chrysler LeBaron.

Even the Utah Jazz franchise is beginning to become a drain on operational income for the family.

The Miller Empire in Utah includes movie theatres, shopping malls, minor league sports teams, and the most recent addition being a NASCAR style auto racing facility that bleeds around $200,000 per month.

The Utah Jazz investment has appreciated immensely for Larry over the years and could be the best source of enough money to bail out all the other struggling businesses.

So, according to Bubba's poker friend Stacy, who obviously gets a peek at the corporate balance sheet while waiting for his/her turn to shoot t-shirts at the cheap seats, the Utah Jazz are for sale.