I first started hearing the term "vulture" in the ABA. When the league first got off the ground we had a lot of prospective owners who wanted in from the start but there were not enough teams to satisfy demand. A number of them "hung around", waiting to pick at the carcass of a deserted team. In most cases these "vultures" were rewarded for sticking with it as many new leagues tend to have a lot of turnover at the beginning.
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Excess ain't rebellion. You're drinking what they're selling.
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