Former Pirate minority owner Jay Lustig gave an interview to the Tribune Review in a story that was published late last night in which he gave some perspective on Bob Nutting's reign as owner of the Pirates. I'd recommend reading the whole thing, but the key passage is this:
“If you are a small-market franchise, if you want to win, you have to be willing to lose ... money,” said Lustig, 58, a Rostraver money manager and businessman who also is board chairman of Adfitech Inc. “(Nutting's) problem is he is a rational owner in an irrational business.
“People say he is a cheap owner, but nothing is further from the truth. He allocates the money properly. He wants to make enough money to keep us from going into the red. He is running the business rationally, trying to make money. No small-market teams that win make money.”
Lustig goes on to say that, basically, he wishes the Pirates were owned by a real life equivalent of Jed Clampett; some crazy old man willing to th...