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You think Kroenke has 700 million in cash lying around?

February 14, 2020 03:23PM
No, that's not how you manage wealth. Borrowing costs, especially for the super wealthy are so low right now as to be inconsequential. You access a line of capitol when you need. You think Mark Davis can't borrow hundreds of millions of dollars when he has a team worth over 2 billion dollars that he can use as collateral?

None of these guys are going to file chapter 11 because they can't make payments. they have guaranteed revenue streams with tv contracts, tickets, etc.

How do you think Trump gets the money he needs to fund property purchases, renovations, etc. It's well documented that he has very little liquid cash. Even with all his bankruptcies he still has Deutsche bank. You think movie producers like the weinsteins wrote checks from their savings accounts to fund 50+ million dollar movies? Its' not how it works.
SubjectAuthorViewsPosted

  Something I learned about NFL contracts and guarantees

Deadpool1017February 12, 2020 06:22AM

  Re: Something I learned about NFL contracts and guarantees

zn497February 12, 2020 06:30AM

  Wow!

RamUK434February 12, 2020 07:52AM

  Re: Wow!

zn391February 12, 2020 08:05AM

  Agree zn, spanos crying poor is laughable

promomasterj428February 12, 2020 08:33AM

  Re: Agree zn, spanos crying poor is laughable

zn331February 12, 2020 08:49AM

  Re: Agree zn, spanos crying poor is laughable

Ohiorams424February 12, 2020 09:01AM

  Which teams can't afford it? Spanos is worth 2.4 billion

promomasterj313February 14, 2020 09:53AM

  Re: Which teams can't afford it? Spanos is worth 2.4 billion

AlbaNY_Ram284February 14, 2020 11:31AM

  exactly it's cash flow not assets

zn263February 14, 2020 12:21PM

  They don't have to have cash in a bank vault

promomasterj270February 14, 2020 01:14PM

  Re: They don't have to have cash in a bank vault

zn262February 14, 2020 02:13PM

  You think Kroenke has 700 million in cash lying around?

promomasterj287February 14, 2020 03:23PM

  Re: You think Kroenke has 700 million in cash lying around?

zn232February 14, 2020 03:44PM

  Re: You think Kroenke has 700 million in cash lying around?

AlbaNY_Ram424February 14, 2020 04:42PM

  Re: Wow!

dzrams411February 12, 2020 09:12AM

  another take on this

zn287February 12, 2020 11:22AM

  Its funny how that works

Deadpool541February 12, 2020 10:28AM

  Re: Its funny how that works

zn288February 12, 2020 08:45PM

  TO fix This Guaranteed Non Guaranteed - League needs Gurley Rule like NBA Bird Rule

Rams_81358February 14, 2020 04:31AM

  That's not what the NBA Bird Rule is

AlbaNY_Ram402February 14, 2020 07:40AM