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Will the Yorks Sell once the Stadium is built?
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Will the Yorks Sell once the Stadium is built?
Jan 7, 2011 at 11:40 AM
- susweel
- Hall of Nepal
- Posts: 122,049
Valrod says no
Jan 7, 2011 at 11:42 AM
- zozell
- Veteran
- Posts: 2,961
F*** Va... ahh forget it
Jan 7, 2011 at 11:58 AM
- Norcal9erfan
- Veteran
- Posts: 2,566
Why invest so much money, time, and effort into building the stadium and then sell?? Tile, paint, counter tops don't cost 100 million. Makes no sense.
Mods, please do us the favor
Mods, please do us the favor
Jan 7, 2011 at 12:00 PM
- 80sbaby24
- Member
- Posts: 2,990
The Yorks arent selling. Period.
Jan 7, 2011 at 12:05 PM
- carlgo
- Veteran
- Posts: 1,075
The Yorks are kind of like Cohan was for the Warriors. They don't want to sell when the team is down and it looks like they are bailing out because of ineptitude. Also, they similarly hate the idea of another owner coming in and turning everything around and confirming the ineptitude.
It is so much more pleasureable, and more lucrative, to go out on top.
Cohan, though, eventually had to sell because there was trouble with the IRS and he needed the money. Had he been flush tax-wise, he would have probably kept the team until it was turned around and he could leave on top.
So, yes, if they can get the stadium done and the team and ownership respected, then they may take the billion or so and move on, secure financially and in reputation.
What this means is that the worse the team and its ownership's reputation, the longer they keep the team. If they succeed, they may sell. Sort of the opposite of what the fans would like, eh?
It is so much more pleasureable, and more lucrative, to go out on top.
Cohan, though, eventually had to sell because there was trouble with the IRS and he needed the money. Had he been flush tax-wise, he would have probably kept the team until it was turned around and he could leave on top.
So, yes, if they can get the stadium done and the team and ownership respected, then they may take the billion or so and move on, secure financially and in reputation.
What this means is that the worse the team and its ownership's reputation, the longer they keep the team. If they succeed, they may sell. Sort of the opposite of what the fans would like, eh?
Jan 7, 2011 at 12:21 PM
- zozell
- Veteran
- Posts: 2,961
Originally posted by Norcal9erfan:
Why invest so much money, time, and effort into building the stadium and then sell?? Tile, paint, counter tops don't cost 100 million. Makes no sense.
Mods, please do us the favor
Wow another dancing lock... so original bro... It's not an out of the question thought that they would want to sell after building a stadium. Do you not realize that if they really do want to sell, and if they sold now, they would make less than if they waited until the new stadium is built?
Jan 7, 2011 at 12:22 PM
- zozell
- Veteran
- Posts: 2,961
Originally posted by carlgo:
The Yorks are kind of like Cohan was for the Warriors. They don't want to sell when the team is down and it looks like they are bailing out because of ineptitude. Also, they similarly hate the idea of another owner coming in and turning everything around and confirming the ineptitude.
It is so much more pleasureable, and more lucrative, to go out on top.
Cohan, though, eventually had to sell because there was trouble with the IRS and he needed the money. Had he been flush tax-wise, he would have probably kept the team until it was turned around and he could leave on top.
So, yes, if they can get the stadium done and the team and ownership respected, then they may take the billion or so and move on, secure financially and in reputation.
What this means is that the worse the team and its ownership's reputation, the longer they keep the team. If they succeed, they may sell. Sort of the opposite of what the fans would like, eh?
Makes sense... It's definitley possible...
Jan 7, 2011 at 12:23 PM
- darkknight49
- Veteran
- Posts: 10,878
Originally posted by zozell:Originally posted by Norcal9erfan:
Why invest so much money, time, and effort into building the stadium and then sell?? Tile, paint, counter tops don't cost 100 million. Makes no sense.
Mods, please do us the favor
Wow another dancing lock... so original bro... It's not an out of the question thought that they would want to sell after building a stadium. Do you not realize that if they really do want to sell, and if they sold now, they would make less than if they waited until the new stadium is built?
well, if there were more dancing lock options, im sure people would use them.
Jan 7, 2011 at 12:24 PM
- zozell
- Veteran
- Posts: 2,961
Originally posted by darkknight49:Originally posted by zozell:Originally posted by Norcal9erfan:
Why invest so much money, time, and effort into building the stadium and then sell?? Tile, paint, counter tops don't cost 100 million. Makes no sense.
Mods, please do us the favor
Wow another dancing lock... so original bro... It's not an out of the question thought that they would want to sell after building a stadium. Do you not realize that if they really do want to sell, and if they sold now, they would make less than if they waited until the new stadium is built?
well, if there were more dancing lock options, im sure people would use them.
There are tons of IBTL pictures and stupid/original/funny gifs etc. I'm sure you've seen a couple
Jan 7, 2011 at 12:26 PM
- GoreGoreGore
- 10HourChicken
- Posts: 61,572
Yorks are business people first, and this would be an extremely stupid business decision, so no, it makes absolutely 0 sense for them to sell.
Jan 7, 2011 at 12:30 PM
- zozell
- Veteran
- Posts: 2,961
Originally posted by TheG0RE49er:
Yorks are business people first, and this would be an extremely stupid business decision, so no, it makes absolutely 0 sense for them to sell.
People sell their business all the time that are still lucrative and making money for multiple reasons. They get bored, tired or they LOST THEIR PASSION... Sound like anyone we know? It wouldn't be a stupid decision. They could make quite a bit of money in doing so.
Jan 7, 2011 at 12:31 PM
- zozell
- Veteran
- Posts: 2,961
Originally posted by darkknight49:Originally posted by zozell:Originally posted by Norcal9erfan:
Why invest so much money, time, and effort into building the stadium and then sell?? Tile, paint, counter tops don't cost 100 million. Makes no sense.
Mods, please do us the favor
Wow another dancing lock... so original bro... It's not an out of the question thought that they would want to sell after building a stadium. Do you not realize that if they really do want to sell, and if they sold now, they would make less than if they waited until the new stadium is built?
well, if there were more dancing lock options, im sure people would use them.
What was your vote btw?
Jan 7, 2011 at 12:33 PM
- Pick6
- Veteran
- Posts: 640
Originally posted by 80sbaby24:
The Yorks arent selling. Period.
this.... EVER
Jan 7, 2011 at 12:49 PM
- Norcal9erfan
- Veteran
- Posts: 2,566
Originally posted by zozell:Originally posted by darkknight49:Originally posted by zozell:Originally posted by Norcal9erfan:
Why invest so much money, time, and effort into building the stadium and then sell?? Tile, paint, counter tops don't cost 100 million. Makes no sense.
Mods, please do us the favor
Wow another dancing lock... so original bro... It's not an out of the question thought that they would want to sell after building a stadium. Do you not realize that if they really do want to sell, and if they sold now, they would make less than if they waited until the new stadium is built?
well, if there were more dancing lock options, im sure people would use them.
There are tons of IBTL pictures and stupid/original/funny gifs etc. I'm sure you've seen a couple
So you'd prefer that I post an idiotic picture instead of the icon that was designated by the site and approved by the mods to signify locking the thread??
As to the topic. Makes no sense. Financially-speaking that is. Yes, it might be more attractive for a person wanting to buy the team if they had the stadium situation taken care of. But why invest whatever portion of the 100 million is theirs, the time, campaigning, etc.? They wont see the same return on their money cause the value of the team wont increase by that much. Besides, it will take more than "a fresh coat of paint" to make this sorry-ass organization more appealing. GM? Coach? QB? All of that = non-renewing season ticket holders.
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