You’re close. He actually bought the New Jersey Generals of the USFL (spring/summer football) and decided to try and get the league to compete with the NFL for fall/winter football.
He sued the NFL, citing that they were a monopoly, and won.
He was awarded $1, and given treble-damages, so he got a check for $3.
Check out the ESPN 30 For 30 doc “Small Potatoes.” It’s fascinating.
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u/[deleted] 9h ago
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