SonnyandSam Posted September 4, 2012 Share Posted September 4, 2012 http://news.yahoo.com/investor-group-buying-dick-clark-productions-135231814.html http://dealbook.nytimes.com/2012/09/04/dick-clark-productions-sold-to-guggenheim-partners/ Red Zone Capital Management, owned by Dan Snyder, is selling it's stake in Dick Clark Productions. Snyder bought DCP for $175 in 2007. NYT is reporting the sale at about $370 million. So I'll wait for people to post how he ran this business into the ground and caused Dick Clark to die from his heart attack. (check your sarcasm meters, ladies and gentlemen) Now back to the waiting game for 5 days before "real" football begins...that would be Redskins football for those who think I don't know the cowgirls and midgets play tomorrow night. :evilg: Link to comment Share on other sites More sharing options...
LetThePointsSoar Posted September 4, 2012 Share Posted September 4, 2012 $200M profit in 5 years is a nice chunk of change. Congrats to Danny. Link to comment Share on other sites More sharing options...
WhoRUSupposed2Be Posted September 4, 2012 Share Posted September 4, 2012 The man knows his business. Link to comment Share on other sites More sharing options...
The Rook Posted September 4, 2012 Share Posted September 4, 2012 That is some sweet money! Shouldn't this be in the Tailgate Section though? :helmet: The Rook Link to comment Share on other sites More sharing options...
DC9 Posted September 4, 2012 Share Posted September 4, 2012 $200 million for a half-roof. Calling it now! Link to comment Share on other sites More sharing options...
Riggo-toni Posted September 4, 2012 Share Posted September 4, 2012 In related news, the Governor of New York has ordered Snyder to pay a 98% retroactive capital gains tax on the stock sale. When asked to explain the newly crafted last minute bill for punitive tax rates on all production companies named after celebrities with dance shows featuring teenagers, NY's governor retorted "Hey, he got off easy. We were gonna charge a 110% tax on gains of any companies with names featuring more than 5 flags, but we gave up on that one when we realized he'd lost money on that one...errr not that we're targeting anyone in particular." Link to comment Share on other sites More sharing options...
Rocky21 Posted September 4, 2012 Share Posted September 4, 2012 What does this have to do with Washington Redskins football? Link to comment Share on other sites More sharing options...
SkinsCrushCowboys Posted September 4, 2012 Share Posted September 4, 2012 With that kind of cash I am sure the beers and burger prices will drop considerably this year...... Got to hand it to him...dude knows how to make make a buck. I am sure Mara will file a complaint of some type on this transaction Link to comment Share on other sites More sharing options...
SkinsFTW Posted September 4, 2012 Share Posted September 4, 2012 With that kind of cash I am sure the beers and burger prices will drop considerably this year...... Doubt it unless you are going from a season ticket holder to Direct TV. Link to comment Share on other sites More sharing options...
TradeTheBeal! Posted September 4, 2012 Share Posted September 4, 2012 In related news, the Governor of New York has ordered Snyder to pay a 98% retroactive capital gains tax on the stock sale. When asked to explain the newly crafted last minute bill for punitive tax rates on all production companies named after celebrities with dance shows featuring teenagers, NY's governor retorted "Hey, he got off easy. We were gonna charge a 110% tax on gains of any companies with names featuring more than 5 flags, but we gave up on that one when we realized he'd lost money on that one...errr not that we're targeting anyone in particular." Link to comment Share on other sites More sharing options...
Warhead36 Posted September 4, 2012 Share Posted September 4, 2012 When I first jump on ES all I saw was: Snyder sells dick Link to comment Share on other sites More sharing options...
SonnyandSam Posted September 4, 2012 Author Share Posted September 4, 2012 What does this have to do with Washington Redskins football? :idea: Dan Snyder is the owner of the Washington Redskins. Money he earns is available to buy players, coaches, make stadium improvements, etc. Link to comment Share on other sites More sharing options...
worstSeat Posted September 5, 2012 Share Posted September 5, 2012 What does this have to do with Washington Redskins football? He's the owner of the team. The man knows his business. Even a blind dog... Even a broken clock... Money makes money. The question isn't whether Snyder can Bain Capital some cash out of a company. It's if he knows how to run an NFL team. Link to comment Share on other sites More sharing options...
DarrellsMyHero28 Posted September 5, 2012 Share Posted September 5, 2012 Let me know when he sells the Redskins. That'll be news I'm interested in. Link to comment Share on other sites More sharing options...
SuperBash Posted September 5, 2012 Share Posted September 5, 2012 When I first jump on ES all I saw was: Snyder sells dick haha, I was coming to say the same thing. Link to comment Share on other sites More sharing options...
Rocky21 Posted September 5, 2012 Share Posted September 5, 2012 Let me know when he sells the Redskins.That'll be news I'm interested in. Word.It's funny when Snyder was suing the owners of the newspaper there were lots of posts saying that had nothing to do with the Redskins. Now when the guy makes money it has everything to do with the Redskins. Link to comment Share on other sites More sharing options...
winstonspencer Posted September 5, 2012 Share Posted September 5, 2012 i still don't understand the snyder hate. he's been on a winning streak. now time for the football team to win edit: at least he isn't rapping in papa johns videos (yet) Link to comment Share on other sites More sharing options...
brasi Posted September 5, 2012 Share Posted September 5, 2012 Snyder made his mistakes, but I'm on board his new train. With the exception of...cutting Cooley. CC47 can still play. (: Link to comment Share on other sites More sharing options...
Metskins Posted September 5, 2012 Share Posted September 5, 2012 WOW...AWESOME!! Thanks for posting this!!! SNYDER IS THE MAN!!! HIGH FIVE EVERYBODY!!! The parade down Pennsylvania Ave is assured!! Link to comment Share on other sites More sharing options...
Leonard Washington Posted September 5, 2012 Share Posted September 5, 2012 Snyder purchased it for $175?! Wow what a deal! I wish I knew or I would have offered $200. Link to comment Share on other sites More sharing options...
Conn Posted September 5, 2012 Share Posted September 5, 2012 Snyder made his mistakes, but I'm on board his new train. With the exception of...cutting Cooley.CC47 can still play. (: Good thing Snyder had nothing to do with cutting Cooley, then. Link to comment Share on other sites More sharing options...
Bibby Posted September 5, 2012 Share Posted September 5, 2012 When I first jump on ES all I saw was: Snyder sells dick Haha same here. That would have been an interesting read. Link to comment Share on other sites More sharing options...
daveakl Posted September 5, 2012 Share Posted September 5, 2012 Good for him. Good for anyone that makes that much cash. Even better for us as Redskins fans if he uses it to make our favorite team better. I have been as critical as anyone about Snyder (esp Zorn's last year). But if you are going to go after him for the bad, you also should applaud him for the good. Link to comment Share on other sites More sharing options...
DiscoBob Posted September 6, 2012 Share Posted September 6, 2012 In related news, the Governor of New York has ordered Snyder to pay a 98% retroactive capital gains tax on the stock sale. When asked to explain the newly crafted last minute bill for punitive tax rates on all production companies named after celebrities with dance shows featuring teenagers, NY's governor retorted "Hey, he got off easy. We were gonna charge a 110% tax on gains of any companies with names featuring more than 5 flags, but we gave up on that one when we realized he'd lost money on that one...errr not that we're targeting anyone in particular." ...was Mara on the committee that passed the bill? Link to comment Share on other sites More sharing options...
lou4gehrig Posted September 6, 2012 Share Posted September 6, 2012 $200M. Thats about how much RG3's contract extension will be in a few years. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.