[Sam Kamin] 6.4a in page the third page below appears to offer ARod/Lore an automatic 90-day extension if the NBA/gov’t approvals aren’t through yet (which is what they appear to be claiming). @JonKrawczynski have you parsed this yet?


Jon K replied: "Yes. A lot to get through. More coming."

The fact that Lore/A-Rod were waiting for NBA approval means that they are entitled to an automatic 90 day extension.

In Jake Layman's terms: Glen Taylor doesn't have a case here, and he's gonna lose in court.

10 comments
  1. my theory from the minute Glen started leaking rumors about Arod and Lore not getting the money together has been that he is going to drag this down as hard and as painfully as he can until they settle on an additional payment to make him go away once and for all

  2. He had the option to expedite this entire process when he started taking offers, going into his golden years with some dignity. Now, at 82 years old he’s going to work with his lawyers to find a resolution to this.

    I’ve seen several people comment on how he’s a shrewd businessman but would you really want to manufacture this bullshit when you could go sit on your mountains of cash?

  3. Are we talking execution of the 2nd tranche or the 3rd? The 3rd can be called until year end, so we much be talking about closing of the 2nd tranche and the requirement that closing be between 60-90 days from the time of notice?

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