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Old 07-20-2023, 02:58 PM  
Sassy Squatch Sassy Squatch is offline
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Dan Snyder officially out of the NFL

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Old 07-20-2023, 03:48 PM   #16
Chieftain Chieftain is offline
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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.
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Old 07-20-2023, 03:50 PM   #17
Mecca Mecca is offline
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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.
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Old 07-20-2023, 03:57 PM   #18
displacedinMN displacedinMN is online now
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Originally Posted by DJ's left nut View Post
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
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Old 07-20-2023, 03:58 PM   #19
wazu wazu is offline
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Gruden is also lurking in the shadows ready to go scorched earth. Could be very intredasting soon
Why is he waiting?
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Old 07-20-2023, 04:11 PM   #20
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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).
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Old 07-20-2023, 04:14 PM   #21
RedinTexas RedinTexas is offline
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Originally Posted by Mecca View Post
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?"
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Old 07-20-2023, 04:22 PM   #22
displacedinMN displacedinMN is online now
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Didnt know they were meeting at the Mall of America Mariott
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Old 07-20-2023, 04:29 PM   #23
CanadaKC CanadaKC is offline
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I always thought the best name for a team in Miami would be “The Miami Mang”…a la Scarface 😂
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Old 07-20-2023, 04:36 PM   #24
Kiimo Kiimo is offline
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Old 07-20-2023, 04:53 PM   #25
scho63 scho63 is offline
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Old 07-20-2023, 04:55 PM   #26
Pepe Silvia Pepe Silvia is offline
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I always thought the best name for a team in Miami would be “The Miami Mang”…a la Scarface 😂
Miami Dealers.
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Old 07-20-2023, 05:11 PM   #27
KC_Lee KC_Lee is online now
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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.
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Old 07-20-2023, 05:34 PM   #28
cabletech94 cabletech94 is offline
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.
Well played, n00b, well played.
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Old 07-20-2023, 05:37 PM   #29
Red Dawg Red Dawg is offline
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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.
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Old 07-20-2023, 07:26 PM   #30
Buehler445 Buehler445 is offline
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"Approved $6.05 Billion sale..."

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

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Capital gains will kill him
Cap gains would be less than the ordinary income tax rate.

He’ll be fine.
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