Nah Nah Nah…Nah Nah Nah…Hey Hey Hey…GOODBYE CLOWNSHOES

[SoCalSkins]

9 minutes ago, Andre The Giant said:

 

This part was interesting:

 

Up to this point that has been what they have reported but now they added the caveat that Bezos being frozen out was from a source last month.
 

Even the previous article the post had earlier in the week did not have the last month caveat. So things might actually be moving in that camp. 

[bh32]

8 minutes ago, SoCalSkins said:

That’s the minimum allowed by the NFL. Seems like he’s desperate for additional investors with the addition of Rales and Magic.
 

We don’t know what any bid will look like until one is leaked with specifics. We can make guesses based on the snippets that are reported.

 

He bought the Devils for $45 million and the Sixers for $280 million. Those numbers are practically a rounding error in this deal. He could only afford 51% of the Sixers when he made that deal. If he can come in at $3 billion to own 50% that would be surprising given his net worth. 

 

We don't even know how much he is truly worth, everything i have seen has him valued  from 6B to over 7.5B..Unless you have access to his financial records you are just spewing BS..

[SoCalSkins]

13 minutes ago, Skinsinparadise said:

lol, feels like another weekend diatribe coming from you on Harris coming up?  

UCLA got eliminated in the sweet 16 last night. I’m not in a post win euphoric tell them how it really is mood unfortunately. 

[Skinsinparadise]

7 minutes ago, SoCalSkins said:

UCLA got eliminated in the sweet 16 last night. I’m not in a post win euphoric tell them how it really is mood unfortunately. 

 

I'd take the WP article as someone good news for you.  They didn't say Bezos is in but they seemed to back off some about him being prohibited to bid.

 

To me, Bezos is a wildcard just for one reason.

 

A.  Logic Dan

B.  Emotional-petty Dan

 

B is often what prevails with Dan according to those who know him.

 

As I said a few days ago even by Dan's standards he'd have to be a moron not to take a bid from Bezos.  At a minimum even if he doesn't want to sell to him, he can help spur the other bidders.  My gut was Dan would ultimately take a bid.  To me the mystery is would he accept it?

 

So many conflicting repors about whether Dan would at best just use Bezos to push the other bidders higher or legitmately accept the bid.

 

I got no clue.  As I posted Jerry Jones in particular seems to be a big Bezos guy and he's probably the only owner with any sway with Dan so maybe he can broker it. 

Edited March 25, 2023 by Skinsinparadise

[Skinsinparadise]

The indemnfication process which WP and Perez has been reporting on.  And Dan denied the reports on this when it came out initially.    The WP among others though are sticking to this story.  And considering they got an NFL source to comment on it tonight -- means that Dan was lying about that story not being true.

 

Aside from getting his 6 billion, it feels like the 2nd leg to the sell is for the game of chicken between Dan and the NFL to be settled as to the indemnification issue.

 

Sheehan said he's heard Dan thinks he has the league by the balls to an extent because they want him out so perhaps he thinks he has the leverage.  But feels like that article makes the case that the league has plenty of leverage because it can turn to voting Dan out and they got the Mary Jo White report looming for a release.

 

Considering Gasparino's tweet and radio appearance where he bascially telegraphed that Dan wants the world to know that he's not being forced out but wants out -- clearly its important to him for others to think that -- will he be willing to test that?  Because it sounds like if he pushes this to the brink than in turn the narrative will turn to them voting him out.

Edited March 25, 2023 by Skinsinparadise

[SoCalSkins]

9 minutes ago, Skinsinparadise said:

I'd take the WP article as someone good news for you.  They didn't say Bezos is in but they seemed to back off some about him being prohibited to bid.

I saw that. That’s a new update. But it’s good news not just for me but all Washington football fans even the ones who don’t realize it yet! 😂 

 

Also, I’m coaching my son’s flag football team this season. We are the Washington Commanders. We got our game cancelled this week because of all the rain, but we are undefeated this year. So after next Friday’s game the euphoric tell them how it really is mood will likely be back! 
 

I’m probably the only undefeated Washington Commanders coach at any level of the sport in human history. So you should give me the proper respect! Lombardi, Allen, Gibbs, Socalskins. The Washington coaching Mount Rushmore. 😂 

 

 

Edited March 25, 2023 by SoCalSkins

[Andre The Giant]

Interpretation of the WP Article:

 

Snyder (to NFL Owners): I’m not selling without full indemnification. 
 

NFL Owners (to Dan):  Not happening.  You have one month to sell or the Mary Jo White report is coming out.  A force-out vote would be next.

 

Edited March 25, 2023 by Andre The Giant

[Skinsinparadise]

8 minutes ago, SoCalSkins said:

I saw that. That’s a new update. But it’s good news not just for me but all Washington football fans even the ones who don’t realize it yet! 😂 

 

Also, I’m coaching my son’s flag football team this season. We are the Washington Commanders. We got our game cancelled this week because of all the rain, but we are undefeated this year. So after next Friday’s game the euphoric tell them how it really is mood will likely be back! 
 

I’m probably the only undefeated Washington Commanders coach at any level of the sport in human history. So you should give me the proper respect! Lombardi, Allen, Gibbs, Socalskins. The Washington coaching Rushmore. 😂 

 

As I said a zillion times, I like Bezos.  I'd just slightly prefer Harris.  The other 2 feel "meh' to me, but I'll take it as long as Dan is gone.  

 

With your non-stop promo of Bezos coupled with your posts that his competition are Dan clones with some of your own unique narratives as to why its the case -- coupled with your undefeated season, maybe Bezos if he buys the team would give you some title at the club?  Apprenticing under Jason Wright, maybe?

 

 

4 minutes ago, Andre The Giant said:

Interpretation of the WP Article:

 

Snyder (to NFL Owners): I’m not selling without full indemnification. 
 

NFL Owners (to Dan):  Not happening.  You have one month to sell or the Mary Jo White report is coming out.  A force-out vote would be next.

 

 

Yeah something like that and will see who blinks first.  If I had to guess they will give Dan some BS concession which he will need to declare victory but he won't get indemnfication.

Edited March 25, 2023 by Skinsinparadise

[SoCalSkins]

3 minutes ago, Skinsinparadise said:

 

As I said a zillion times, I like Bezos.  I'd just slightly prefer Harris.  The other 2 feel "meh' to me, but I'll take it as long as Dan is gone.  

 

With your non-stop promo of Bezos coupled with your posts that his competition are Dan clones with some of your own unique narratives as to why its the case -- coupled with your undefeated season, maybe Bezos if he buys the team would give you some title at the club?  Apprenticing under Jason Wright, maybe?

I’m open to take the role Bruce had with Dan. 
 

Jeff call me! 

[RVAskins]

The debating on who would make the better owner in here is getting pretty silly.....and old.

[SoCalSkins]

16 minutes ago, RVAskins said:

The debating on who would make the better owner in here is getting pretty silly.....and old.

Now that your boy Harris didn’t close the deal this week as predicted, it’s suddenly silly and old? Yet you post about it literally in the topic discussing it. If it’s old and silly why are you posting about it instead of ignoring it? 

[CapsSkins]

Bezos is noodling on whether to overpay for the Commies at $6bn now or wait till the Seahawks are up for sale which would be uncertain both vis a vis timing and sale price.

 

If Bezos decides he'll give Dan his $6bn, it's over. If he sticks to his valuation of $5.Xbn (and decides to bid at all), it will be a more protracted process with the Harris/Rales group and potentially one or two others.

[bearrock]

1 hour ago, SoCalSkins said:

Now that your boy Harris didn’t close the deal this week as predicted, it’s suddenly silly and old? Yet you post about it literally in the topic discussing it. If it’s old and silly why are you posting about it instead of ignoring it? 

 

Because you are cluttering up what is otherwise a good thread to follow on the latest ownership change update with meaningless drivel ad nauseum on why Bezos is the best owner ever and why Harris is the devil incarnate.  Rational people on this thread like both Harris and Bezos and appreciate the posters who aggregate the latest updates on the ownership front and would rather not have that interrupted with your latest brain dead posts.  You make the Hive look like Einstein by comparison.

[NewCliche21]

16 minutes ago, bearrock said:

 

Because you are cluttering up what is otherwise a good thread to follow on the latest ownership change update with meaningless drivel ad nauseum on why Bezos is the best owner ever and why Harris is the devil incarnate.  Rational people on this thread like both Harris and Bezos and appreciate the posters who aggregate the latest updates on the ownership front and would rather not have that interrupted with your latest brain dead posts.  You make the Hive look like Einstein by comparison.

 

Exactly. "Your boy Harris", @SoCalSkins, really?  You're in a different thread altogether.

[88Comrade2000]

As long as on 1//1/24 as we head into the 24 offseason; a new owner is in place, I’m good.  As long as we have a new owner then; so they can clean house and start over.

 

 

The nfl isn’t going to do anything right now. The will give Dan time to sell.  Now, if by the May meeting things haven’t progressed; then they may take action.

[FrFan]

Let's see if this skinflint, money-grubber will drop his greedy claims.

In the mlean time ManU received a bid from the evil empire worth  £5.12 billion.

Edited March 25, 2023 by FrFan

[Skinsinparadise]

 

The potential hammer comes from the pending Mary Jo White investigation, a card the NFL will quite possibly play only if absolutely necessary. If Snyder sells, chances are her investigation will be suspended as moot. If he drags his feet for too long, the owners may use her findings as the final straw for conjuring 24 or more votes to get rid of him.

Regardless, the sale process is moving forward. If, as it appears, everything is being kept secret, it could happen at any time.

 

[Skinsinparadise]

This was was another part of that WP article from the one I posted last night but I didn't post this segment.  This plays into what Sportico among others have said which is its really really hard to get any information about what's going on with the sale because typically the sources for other sales are from other owners who pry to see what's up.  not the case here.  The Sportico guy said this is the closest to the vest sale they've seen as info. 

 

You add that with what @Voice_of_Reason likes to say from his own business experiences which is that all sides are supposed to keep the proceedings confidential and only Rick Snider probably really knows what's up.

 

https://www.washingtonpost.com/sports/2023/03/24/nfl-owners-pause-removal-talk-await-daniel-snyders-next-moves/

 

The NFL and other owners are “in the dark” about the prospective buyers of the Commanders because the “lines of communication are completely down” with Snyder, one of the people with direct knowledge of the owners’ views said Friday.

Edited March 25, 2023 by Skinsinparadise

[Skinsinparadise]

 

Tilman Fertitta is still in the running to buy the Washington Commanders from Daniel Snyder, one of the most despised owners in NFL history.

At the annual NFL meetings in Phoenix that start on Sunday, there’s nothing on the agenda about the Commanders’ sale, but there’s no doubt it’ll be discussed unofficially by the owners and commissioner Roger Goodell. They can’t wait to have a new owner for one of the league’s most storied franchises.

 

 

...If Fertitta pulls it off over rival groups waving billions in Snyder’s face, he’ll immediately become the most popular owner in the NFL. If Fertitta’s $5.5 billion bid is enough to rid the NFL of the Snyder migraine, they’ll be popping Champagne corks and toasting him at the NFL’s Park Avenue offices. Goodell will turn cartwheels down the hallway.

 

Fertitta would be celebrated by his 31 new partners. They’d toast him for paying what could end up being at least $6 billion to get rid of Snyder, a headache that’s existed since he purchased the franchise in 1999 and won two playoff games over the last 24 seasons. Snyder has caused the NFL unmitigated embarrassment because of ongoing league-mandated investigations into sexual misconduct in the workplace and possible financial issues that violate league rules.

 

Fertitta would be so beloved by the team’s loyal fans, including politicians and business leaders, they’d throw him a parade down Pennsylvania Avenue and entertain him at the White House. They’d build him a new stadium anywhere he prefers and erect his statue on the National Mall. That’s how much the NFL in general, and Washington D.C. in particular, loathe Snyder and want desperately to wash their hands of him as soon as possible.

 

Does Fertitta have a chance? Sources with knowledge of the situation believe he does, but the competition for the Commanders is fierce. He bought the Rockets for $2.2 billion, a record for an NBA franchise at the time. His financial empire includes, among other things, hotels, casinos, restaurants, and automobile dealerships that have elevated his net worth to more than $8.1 billion, according to Forbes.

 

Fertitta’s primary competition appears to be a Washington D.C. partnership between billionaires Josh Harris, who owns the Philadelphia 76ers and New Jersey Devils, and Mitchell Rales. Magic Johnson was added to their group this week, according to media reports. Harris attempted to buy the Denver Broncos but lost out to a group led by Rob Walton, a Walmart heir who’s the wealthiest owner in the NFL.

 

Amazon founder Jeff Bezos also has shown interest and is worth more than anyone in the United States, but he owns the Washington Post, which has been Snyder’s nemesis through the years. Reports say Snyder doesn’t want to sell his team to Bezos.

The most recent candidate is Steve Apostolopoulos, a Canadian billionaire. Like Fertitta, he toured the team’s facility which includes the owner’s offices.

 

Pro Football Talk reported last week Snyder and his wife, Tanya, cleared out of the team’s facility in December. That led to reports the sale could be imminent, which doesn’t appear to be the case.

The majority owner of a new NFL franchise must have a minimum of 30% equity and can have no more than $1 billion in acquisition debt. Maybe the owners will want to get rid of Snyder so bad they’ll allow a candidate like Fertitta to drop below that 30% figure or increase the acquisition debt.

 

Maybe the ownership group and finance committee will change the rules for a new owner like Fertitta. The league could implement a special provision to expedite the sale to get rid of Snyder. Exceptions have been made in the past.

 

Imagine Fertitta in his luxurious suite at his new stadium, entertaining presidents, senators, congressmen, and foreign dignitaries. And dining on food supplied by one of his thousands of restaurants, of course. Life couldn’t get much better for Fertitta, could it? But if Fertitta is unable to buy the Commanders, he can still pursue Victor Wembanyama, the 7-2 French phenom who’ll be the first pick in the NBA draft.

Since just about everything Fertitta touches turns to gold, maybe he’ll celebrate the best of both worlds – owning the Commanders and being fortunate enough to draft Wembanyama.

[Conn]

McClain must have people close to Fertitta that would make him the go-to media mouthpiece for sources in that camp if he got the team, because he’s downright giddy at the idea lol. All of the things (league and fan adoration, etc.) he ascribes to Fertitta would apply to any new owner, and ironically Fertitta least of all, yet he’s really personally invested in this idea of Fertitta as the conquering hero. It’s kind of awkward. 

Edited March 25, 2023 by Conn

[FootballZombie]

My God. I threw up in my mouth a little. The only unit that fluff piece on Ferty can hope to be accurately measured in is baby seals.

 

That... was exceedingly difficult to read and take w/ any kind of seriousness. All I can ask myself was how much was this writer getting paid to absolutely shill.

 

We'd throw him a parade?

We'd build him a statue?

Everything he touches turns to gold?!

 

By all means he sounds just peachy! Yeesh... take it down a couple of notches would ya.

[Skinsinparadise]

21 minutes ago, Conn said:

McClain must have people close to Fertitta that would make him the go-to media mouthpiece for sources in that camp if he got the team, because he’s downright giddy at the idea lol. All of the things (league and fan adoration, etc.) he ascribes to Fertitta would apply to any new owner, and ironically Fertitta least of all, yet he’s really personally invested in this idea of Fertitta as the conquering hero. It’s kind of awkward. 

 

I think its an odd convergence that he has a front row seat to the angst of a rabid fan according to him in his wife who lives through the ups and downs of this team.  And Fertitta is a Houston local and he clearly likes the dude, i get the impression he knows him some.  So i am guessing his wife is giddy about this and he's extending that sentiment to the rest of the fan base.

 

Yeah for me, he's not who i want.  But I'd be cool with it, too, if I must -- Dan leaving is the be all and end all. 

 

Reading through this article right now, if he buys it I gather it would ultimately at some point for his kid because that's the idea for the Rockets ownership.

 

https://www.inc.com/magazine/201911/bill-saporito/tilman-fertitta-landrys-billion-dollar-buyer.html

 

...Over the past four decades, Fertitta has built Fertitta Entertainment, a restaurant, gaming, hospitality, amusement, and sports conglomerate--and become a business celebrity, with his own TV show, Billion Dollar Buyer--by demonstrating an ability to pay attention to little things and pull off big deals in whatever proportion is necessary.

 

He became an entrepreneur at age 20. About 10 years later, after buying control of a small Houston-area restaurant company named Landry's in late 1986, he embarked on a classic roll-up strategy, giving him 522 restaurants today under some 60 brands, including Mastro's, Willie G's, Bubba Gump Shrimp Co., Chart House, Saltgrass Steak House, Bill's Bar & Burger, Morton's, and, most recently, Del Frisco's. Fertitta and his family also own four aquariums and a Hilton, a Holiday Inn, and a Westin, among other hotels, plus a Bentley and Rolls-Royce dealership. There's the Pleasure Pier in Galveston and another one in Kemah, Texas. Oh, he has casinos, too. And an NBA basketball team. This year, those assorted businesses will generate around $4.6 billion in revenue and throw off $800 million in ebita.

 

"I'd like to say I'm the smartest guy in the room, but I'm not," he tells Inc., which may or may not be false modesty. You can't go to any of the company's websites without seeing his permanently grizzled mug gazing from the cover of his new book, Shut Up and Listen, which pretty much makes the case that of course he's smarter than you. "But I do more things better than most people," he concedes.

 

He's got a point there. "Do more better" could be his mantra. It's essentially the difference between being an investor and being an operator. Over time, Fertitta taught himself to be a master executive and applied those skills to an ever-expanding number of business lines. "People called him a restaurateur," says Rick Liem, his longtime CFO. "But he's really an entrepreneur, and a really, really good businessman. I don't care what the business is. He will figure it out."

 

 

Two years ago, Fertitta made another highlight-reel acquisition. When his hometown NBA Houston Rockets became available, he directed Landry's to write him a dividend check for $1.7 billion so he could fulfill a lifelong dream and buy the team. He'd been a season-ticket holder for 40 years and at one point a minority owner. The price tag: $2.2 billion. To clinch the deal, he made a down payment of $100 million to then-Rockets owner Leslie Alexander. "I told him, 'If I can't close, the money is yours,' " Fertitta says.

 

He closed in 50 days, an NBA record for a franchise transfer. The price was an NBA record too. Told that he might have overspent by a couple hundred million, Fertitta's response was: "What's $200 million in 10 or 20 years?" He meant that the value of a modern NBA franchise goes in one direction--up. (The Brooklyn Nets just changed hands for $2.35 billion.)

 

Bold moves such as buying the Golden Nugget and then the Rockets may give the impression that Fertitta, 62, is your swashbuckling, bet-the-ranch Texas wildcatter. He certainly has the toys: a pair of Gulfstream GVs, two helicopters, and a 164-foot yacht called Boardwalk. (He's ordered a bigger one, too.) He built the Post Oak Hotel not because Houston needed a five-star hotel, but because Tilman Fertitta needed one. He spent $400 million to build it. He paid cash.

 

...Fertitta believes he was put on earth to be an entrepreneur. As a kid, he says, "I never watched cartoons. I carried a briefcase." His father, Vic, owned a restaurant called Pier 23 on the water on Galveston Island, a beachfront near Houston. Fertitta began working there in his teens and gradually mastered each piece of the operation, from the kitchen to the front of the house, until he could essentially run the place without adult supervision. He was, he realized, particularly adept at numbers.

 

... He is unfailingly gracious with people--as if everyone he meets were a customer--and unfailingly direct, too. "One of the things my people like about me is that everybody always knows where they stand," he says. "I am very straightforward." At the gaming meeting, Fertitta chided one executive for not appearing at a dinner for high rollers the previous evening. The two meetings serve as a summary of his management style: deeply analytical yet with an understanding of the customer experience. And he leaves with decisions in hand.

 

Last summer, Fertitta made another seemingly risky decision. His Rockets traded away all-star guard Chris Paul and committed to spend $207 million for the contract of Oklahoma City's all-world guard Russell Westbrook, who will serve as an on-court partner for Houston's all-universe guard James Harden. "The basketball people wanted to do it and I approved. Pretty simple," he says. "They know how important it is for me to win."

 

The trade rocked the NBA, but Fertitta says absorbing Westbrook's contract was a smart risk. Because of NBA open-book policies, he knows the player budget of every team and the salary of every player--which makes life easy for a numbers guy like him. "This is what an entrepreneur does," he says. "Every business stands on its own, and you can't get caught up in the noise."

In an era when decisions by stars about where they'll play can decide championships, the owner is becoming another player.

 

"Smart free agents are picking owners now," says Rockets GM Daryl Morey. "And Russell picked Tilman."

Fertitta isn't planning to retire anytime soon, but he won't be making these decisions forever. Son Patrick is clearly in the succession line, and his three siblings have always known they'd be joining the firm. Patrick's older brother, Michael, 27, is finishing law school, while younger sister Blayne, 22, and brother Blake, 19, are still undergrads. Unlike their father, they will finish college before they go to work. "From an early age, not only did he encourage us to get involved in the business, but it was expected. It was demanded," says Patrick.

 

And they will likely have more on their plates. Fertitta described the Rockets purchase as generational, a platform for the future that could easily include more teams. With one casino brand and just five locations--and an industry in constant churn--there is clearly room to add. Fertitta Entertainment could even become a public company again and shift some of the risk to shareholders.

 

 

 

 

Edited March 25, 2023 by Skinsinparadise

[stoshuaj]

12 hours ago, bh32 said:

just spewing BS..

on ES?

 

in this thread?

[clskinsfan]

48 minutes ago, Skinsinparadise said:

But if Fertitta is unable to buy the Commanders, he can still pursue Victor Wembanyama, the 7-2 French phenom who’ll be the first pick in the NBA draft.

Since just about everything Fertitta touches turns to gold

If everything Fertitta touches turns to gold why would he be in a position to draft Wembanyama? The Rockets suck ass. And have the past three seasons. Fertitta took a perennial conference finalist ofr semi finalist and drove it into the ground. No thanks. We already experienced that over the past 25 years.

 

 

And I have no idea why this image is on my post. I didnt put it there.

Edited March 25, 2023 by clskinsfan

[BatteredFanSyndrome]

I feel like taking on Westbrooks $207M contract, whether a personal decision or letting the basketball folks do their thing, should automatically disqualify him from being able to bid on our team.

 

Only Ted and gang dumb enough to take him off their hands. 🤣

Edited March 25, 2023 by BatteredFanSyndrome