[Elvis]

[St. Loser Fan]

I'm not sure I get Vinnie's frustration. If anything Stan using the G4 would be preferable as it's a rock solid financial backing (the whole NFL).

https://www.greenberglawoffice.com/nfl- ... -stadiums/

Why are NFL teams using G-4? By constructing a new stadium or renovating an older one, teams hope for the opportunity to host Super Bowl Sunday.[45] G-4 is attractive to the teams because the NFL is a great financier, and the program thrives as a source of financing. According to Fitch Ratings, one of the three nationally recognized statistical rating organizations designated by the United States Securities and Exchange Commission, G-4, under NFL Ventures, LP, received an “A+” rating.[46] An “A+” Fitch rating is described as an “upper medium quality” bond.[47] Key drivers of the NFL’s rating for G-4 were strong underlying league economics and governance, long history of television contracts, solid legal covenants, low per club debt limits, positive league growth and fan initiatives, and peers.[48] An “A+” Fitch rating is equivalent to Moody’s “A1” grade and S&P’s “A+” grade.[49] Under NFL Ventures, LP, the organization has $375 million in senior notes, and by having senior notes, the NFL’s assessment rights come before the member clubs, adequate legal provisions and requirements, and reserve levels.[50] Other leagues have credit facilities as well, including the National Basketball Association with J.P. Morgan Chase, Major League Baseball with Bank of America, and the National Hockey League with Citigroup Private Bank.[51]

Another attractive feature of G-4 funding is that the cost of borrowing money under G-4 is normally less than the interest on a commercial loan, where G-4 implements an approximate two percent interest rate.[52] With inflation falling anywhere between two to three percent the last twenty years (1990-99: 3.00%; 2000-09: 2.56%; 2010-12: 2.29%),[53] the NFL essentially just wants their same buying power back with their money through G-4.

Maybe Stan can get the same rates with his Wal Mart and real estate backing: I don't know.

[Mr. Sparkle]

Miami Marlins and Tampa Bay Rays.

Oh yeah. I remember that know. As I recall it was one of those rare times the players spoke about it out of frustration. Think they had one of, if not the best records in baseball and no one was showing up.
Winning does not solve everything.

[St. Loser Fan]

Oh yeah. I remember that know. As I recall it was one of those rare times the players spoke about it out of frustration. Think they had one of, if not the best records in baseball and no one was showing up.
Winning does not solve everything.

Zen mentioned the Vancouver Grizzlies. Look at this record.

1995–96 7th 82 15 67 .183 — 17,183
1996–97 7th 82 14 68 .171 — 16,571
1997–98 6th 82 19 63 .232 — 16,108
1998–99 7th 50 8 42 .160 — 16,718
1999–00 7th 82 22 60 .268 — 13,899
2000–01 7th 82 23 59 .280 — 13,737

Plus the Canadian and American dollar had some real issues at the time and that was also a killer.

[Nick Douglas]

I’d be surprised by that as the Chargers ones are basically free ($100). I would think brokers would have snatched them all up to sell. Low risk. As oppose to the same seat for the Rams which is $1,500

Keeping in mind that all Chargers SSL sales go to StadCo, which is mostly owned by Kroenke...

The Chargers and StadCo had to agree on SSL prices. My guess is, $1000 for the non-Premier nosebleeds (300s) and $100 for the super nosebleeds (400s & 500s) were done because:

-Chargers need fans in the stands and they don’t get SSL money, so they wanted SSL prices dirt cheap.

-StadCo gets $0 for unsold SSLs that are sold as single game tickets. There will likely be heavy turnover, especially in the super nosebleeds, which would allow StadCo. get $100 to $1,000 multiple times for each seat.

[Nick Douglas]

And I still stand by my guess that the Chargers are gone from LA before this decade is over. Either with an NFL financed stadium in San Diego or after someone like Jeff Bezos or Elon Musk buys them to move.

I’m going to let you guys in on a little secret. The most important factor that inflates a sports franchise’s valuation is being in a city that rich people want to live in. Elon and Bezos both love LA. There is zero chance the Chargers are leaving.

Let’s not forget that Rams’ SSL sales crapped the bed as well. It’s hard to find precise numbers, but it looks like only $250 million for the Rams. Way below the Raiders or 49ers, which were their original comps.

[St. Loser Fan]

I’m going to let you guys in on a little secret. The most important factor that inflates a sports franchise’s valuation is being in a city that rich people want to live in. Elon and Bezos both love LA. There is zero chance the Chargers are leaving.

Let’s not forget that Rams’ SSL sales crapped the bed as well. It’s hard to find precise numbers, but it looks like only $250 million for the Rams. Way below the Raiders or 49ers, which were their original comps.

Billionaires are locationless. Didn't Musk say he's not owning any houses any more?

When the Rams came to St. Louis, Georgia could barely spend more than 5 or 6 hours here before she had to jet back to LA. They built a suite for her at Rams Park and she never stayed a single night.

Plus the owner of the St. Louis Cardinals just bought Eva Longoria's house. I don't think LA is getting a third baseball team.
https://www.latimes.com/business/real-e ... a-compound

[Nick Douglas]

Georgia’s plight with the Rams is precisely why teams no longer leave LA.

[St. Loser Fan]

Georgia’s plight with the Rams is precisely why teams no longer leave LA.

This is also why the Rams are borrowing $500 million: because Spanos doesn't have LA money.

[Hacksaw]

F Spanos !