Paul Pelosi Buys A Football Team

Paul Pelosi Buys A Football Team

Paul Pelosi, husband of Representative Nancy Pelosi (D-Calif), is now the owner of a professional football team. The famously publicity-shy spouse of the current Speaker of the House bought the California Redwoods, a San Francisco-based franchise in the upstart United Football League. Pelosi has admitted that he's not a big professional sports fan -- he prefers recreational sports befitting of a successful businessman and political spouse: golf, cycling, and tennis. Pelosi says he paid $12 million dollars for the team because he deemed it a bankable investment. As he told the Washington Post:

"This is a business, I look at it as a business. I'm in this because I think it is a very solid financial investment that is going to be very successful...I never wanted to own a sports team. It's that old saying: Never say never."

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