The A’s Still Have a $1.5B Question: Where’s the Money Coming From?
May 1, 2024
The A’s Still Have a $1.5B Question: Where’s the Money Coming From?
5 comments
Ironically, if the A’s had stayed in Oakland, I’m sure Fisher would’ve had a good chance of bringing in Joe Lacob or others as partners to help fund Howard Terminal.
But, of course he’s a dipshit and nobody in Vegas wants to partner with him.
He’ll just lever up with one or a series of banks if he’s not interested in ponying up some equity. Pro sports team valuations rarely go down so it’s not that hard to come up with the capital. Or go the mezz-debt route at the very most. I’m sure there’s *somebody* in his circle who thinks the relo is going to pay out.
But, I think the league and the team is overestimating the value of proximity to sportsbook Mecca™ against what could have been a world class stadium on some of the most lucrative soil in the entire world.
But whatever.
This is where vivek comes in to play & will demand they stay in Sacramento instead of LV
This is so fucking sad. Sell the goddamn team. Dude tried to play eight different cards at once and none of them stuck. Vegas isn’t happening, no one is gonna partner with this dude. Fisher is an idiot handed a professional sports team
All the money is coming from should-have-been contracts that we never offered to our all star players.
5 comments
Ironically, if the A’s had stayed in Oakland, I’m sure Fisher would’ve had a good chance of bringing in Joe Lacob or others as partners to help fund Howard Terminal.
But, of course he’s a dipshit and nobody in Vegas wants to partner with him.
He’ll just lever up with one or a series of banks if he’s not interested in ponying up some equity. Pro sports team valuations rarely go down so it’s not that hard to come up with the capital. Or go the mezz-debt route at the very most. I’m sure there’s *somebody* in his circle who thinks the relo is going to pay out.
But, I think the league and the team is overestimating the value of proximity to sportsbook Mecca™ against what could have been a world class stadium on some of the most lucrative soil in the entire world.
But whatever.
This is where vivek comes in to play & will demand they stay in Sacramento instead of LV
This is so fucking sad. Sell the goddamn team. Dude tried to play eight different cards at once and none of them stuck. Vegas isn’t happening, no one is gonna partner with this dude. Fisher is an idiot handed a professional sports team
All the money is coming from should-have-been contracts that we never offered to our all star players.