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-   -   Football Dan Snyder officially out of the NFL (https://chiefsplanet.com/BB/showthread.php?t=349442)

Chieftain 07-20-2023 03:48 PM
Harris also owns the Devils. He is a great owner that isn't afraid to spend money.
First thing he needs to do is change the team name.

Mecca 07-20-2023 03:50 PM
It's gonna be funny when they tank super hard for like 3 years to rebuild the team...

I think they should change their name to the Washington Whiskies.

displacedinMN 07-20-2023 03:57 PM
Quote:
Originally Posted by DJ's left nut (Post 17024088)
Bought 'em for $800 million.

Now don't get me wrong, figures that large carry debt service, but they also get VERY good rates of return. 800 million at 10% would double roughly every 7 years and so he actually yielded LESS than a 10% annual ROI (which would've yielded in the $9 billion range over his 25 years of ownership) But that also assumes only break-even revenues on a year to year basis and that's almost certainly not the case.

Now a 10% ROI isn't easy to get, but remember what they say - "How do you make a large fortune? Start with a small one..." When you starting with $800 million in liquidity, it's more doable than you realize.
Capital gains will kill him

wazu 07-20-2023 03:58 PM
Quote:
Originally Posted by Sassy Snatch (Post 17024091)
Gruden is also lurking in the shadows ready to go scorched earth. Could be very intredasting soon
Why is he waiting?

Why Not? 07-20-2023 04:11 PM
Quote:
Originally Posted by Sassy Snatch (Post 17024009)
Curious to see what laundry he airs now.
Very little to none would be my guess. I’m sure the NFL buttoned him up with a non disclosure clause prior to the approval of the sale. Nobody will say so but I’d be very surprised if we hear much from Daniel Snyder again (at least in regards to the NFL).

RedinTexas 07-20-2023 04:14 PM
Quote:
Originally Posted by Mecca (Post 17024110)
It's gonna be funny when they tank super hard for like 3 years to rebuild the team...

I think they should change their name to the Washington Whiskies.
How about "Jackasses?"

displacedinMN 07-20-2023 04:22 PM
Didnt know they were meeting at the Mall of America Mariott

CanadaKC 07-20-2023 04:29 PM
I always thought the best name for a team in Miami would be “The Miami Mang”…a la Scarface 😂

Kiimo 07-20-2023 04:36 PM
The new guy did his research for sure



<blockquote class="twitter-tweet"><p lang="en" dir="ltr">Josh Harris just called into the show and said he has heard about our parties at Old Ox and the Bullpen tonight. <br><br>AND HE BOUGHT EVERYBODY AT BOTH PARTIES A BEER. <br><br>I do not recall Dan Snyder doing that. <br><br>What a day.</p>&mdash; Grant Paulsen (@granthpaulsen) <a href="https://twitter.com/granthpaulsen/status/1682149136412360706?ref_src=twsrc%5Etfw">July 20, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

scho63 07-20-2023 04:53 PM
Boo hoo I got $6 billion reasons to smile.

Pepe Silvia 07-20-2023 04:55 PM
Quote:
Originally Posted by CanadaKC (Post 17024181)
I always thought the best name for a team in Miami would be “The Miami Mang”…a la Scarface 😂
Miami Dealers.

KC_Lee 07-20-2023 05:11 PM
Quote:
Originally Posted by CanadaKC (Post 17024181)
I always thought the best name for a team in Miami would be “The Miami Mang”…a la Scarface 😂
I say the Miami Mambas, thumbs up if you get the reference.

cabletech94 07-20-2023 05:34 PM
Quote:
Originally Posted by kevrunner (Post 17024058)
.
Well played, n00b, well played.

Red Dawg 07-20-2023 05:37 PM
Quote:
Originally Posted by RedinTexas (Post 17024072)
Now if we could only get rid of Roger Goodell.
He's figure head that takes the heat for the shit owners. He's not a problem. Owners call the shots and want Goodell.

Buehler445 07-20-2023 07:26 PM
Quote:
Originally Posted by DJ's left nut (Post 17024080)
"Approved $6.05 Billion sale..."

Yeah, the NFL sure showed HIM...
Came here to post this.

Quote:
Originally Posted by displacedinMN (Post 17024122)
Capital gains will kill him
Cap gains would be less than the ordinary income tax rate.

He’ll be fine.


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