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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

Deadpool552February 12, 2020 06:22AM

  Re: Something I learned about NFL contracts and guarantees

zn225February 12, 2020 06:30AM

  Wow!

RamUK189February 12, 2020 07:52AM

  Re: Wow!

zn154February 12, 2020 08:05AM

  Agree zn, spanos crying poor is laughable

promomasterj119February 12, 2020 08:33AM

  Re: Agree zn, spanos crying poor is laughable

zn108February 12, 2020 08:49AM

  Re: Agree zn, spanos crying poor is laughable

Ohiorams79February 12, 2020 09:01AM

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

promomasterj42February 14, 2020 09:53AM

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

AlbaNY_Ram43February 14, 2020 11:31AM

  exactly it's cash flow not assets

zn58February 14, 2020 12:21PM

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

promomasterj41February 14, 2020 01:14PM

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

zn43February 14, 2020 02:13PM

  You think Kroenke has 700 million in cash lying around?

promomasterj50February 14, 2020 03:23PM

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

zn48February 14, 2020 03:44PM

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

AlbaNY_Ram50February 14, 2020 04:42PM

  Re: Wow!

dzrams86February 12, 2020 09:12AM

  another take on this

zn85February 12, 2020 11:22AM

  Its funny how that works

Deadpool84February 12, 2020 10:28AM

  Re: Its funny how that works

zn70February 12, 2020 08:45PM

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

Rams_8178February 14, 2020 04:31AM

  That's not what the NBA Bird Rule is

AlbaNY_Ram75February 14, 2020 07:40AM