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K-9

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Posts posted by K-9

  1. 21 minutes ago, ska-T Chitown said:

    Anecdotally, I have heard the same. It seems to make sense, as long as they are telling the truth it is a pretty safe investment for the bank or whomever. On the surface, of course a loan with any interest rate is going to cost more than the amount borrowed, but business loans are taken out every day in what I assume to be very large quantities because cash is king and to butcher some Sharktank quotes, you gotta pour gasoline on that fire, but gas ain't free!

    The notion being peddled (not by you - I think we are on the same page of the same leather bound book on that very lovely mahogany bookshelf of yours) that businesses won't take short term losses to yield long-term returns is beyond silly. The Sabres bottom line is not even a blip on the TP's business radar when you look at all the other assets he has that generate income ... heck, it might not even be a blip compared to the profit the Bills made last year.

    The Sabres bottom line may not be a blip on TP’s business radar, but it’s the lifeblood for the the 250+ employees of the team. While revenue losses, especially during the pandemic didn’t phase TP’s bottom line relative to his other vast business holdings, it very much negativity impacted many Sabres employees, so I think it’s important to separate TP “losing money” and the Sabres losing money. 

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  2. 7 hours ago, JustOneParade said:

    Remember that we are entering the homestretch where purposeful lies and false character assassinations are being shelled out in buckets. The 'insiders' and 'experts' are tools of the organizations.

    BTW, have you heard that Malik Nabors has a coke problem and beat the the children of his handicapped neighbor? (Drop baby, drop).  

    Yep. Like Buddy used to say, we’re all tryin’ to rob the same train. 

  3. 2 hours ago, #freejame said:

    This is unrelated to the Sabres or Terry and more of a general question I’m hoping you have the answer to. I’ve always heard that the borrowing costs for the very, very wealthy were incredibly low to non-existent because of the value having the assets held by the borrower typically outweigh the costs associated with the loan or potentially losing the client. Is this not the case? 

    Certainly the ultra wealthy are going to get the most prime rate and there are more lending outlets of differing types available to them, but I don’t know if they get interest free loans as a matter of course. 

  4. Some interesting economic discussion. I’ll add that there’s a difference between asset appreciation/depreciation and cash profits/losses and that borrowing money, unless it’s an interest-free loan, is always going to cost more than the amount borrowed.

    As it relates to Pegula and the Sabres, the huge increase in the value of his franchise vs. what he paid for it initially has no real cash value until it’s liquidated and there are valid business reasons why he wouldn’t borrow against that asset value currently. While Pegula (and other owners) didn’t lose value during the pandemic, they lost well over a billion dollars in real revenues that sharply impacted the bottom line. 

    Anyone know the outcome of the suit that Pegula, 19 other owners, and the NHL brought against the insurance company to recoup those pandemic losses? Last I heard, the insurance company refused to pay because the insurance company claims that the pandemic losses are excluded from coverage. 

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  5. 7 hours ago, dudacek said:

    Don’t need to tell you guys about the flaws of +/-.

    But within that context it does give you some indication of how successful a player has been in his role and relative to his team.

    On a team that is -7, 20-year-old Nikita Novikov is +19, far and away the best on the Amerks.

    He has 23 points in 62 games.

    No idea what the underlying metrics and eye test is saying, but the numbers look promising.

    Mattias Samuelsson had 12 points in 23 games as a 20-year-old rookie, and was -8 on an inferior Amerks team.

    Novikov made a beautiful play on Kulich’s 2nd goal yesterday. Good move to get around a defender, drawing attention, and then making a sweet dish to Kulich alone at the net. 

  6. I see Noah Laaouan got his first point for the Amerks with an assist on Kulich’s goal, which was a beauty of a breakaway goal. Nice to see Kulich getting his game back just in time for the post season. 

  7. 44 minutes ago, SwampD said:

    ***** great. Yet another city that will have a parade before Buffalo.

     

    On a side note, I think those 10 team NTC lists are f***** bull *****.

    And does this finally put to bed the fears of the Sabres relocating?! Good lord.

    Fearless bull riders?

  8. 5 hours ago, JustOneParade said:

    It was an interesting combination of Sabres on the ice at the time. Dahlin with Cliffy? Tage and Greenway plus whoever the 5th skater was? Maybe a bit premeditated on someone's part? May just have been the usual 6 on 5 defense.

    Had to laugh about OV just milling around by himself 10 or 12 feet from the scrums. No interest in being involved. I suppose with the numbers he had no dance partner, though.

    Did I just talk myself out of a good conspiracy theory?  

    Yeah, he milled around after grabbing Tage while Pacioretty already had a hold of him. 

     

  9. 1 hour ago, Buffalo Super Fan said:


    There is possible impact there are rumors that the Rochester Knighthawks are being sold to Grand Rapids, Michigan business interest that will move the Rochester Knighthawks there for next season. Also the Vegas Desert Dogs are moving from the Vegas strip to suburban Henderson, Nevada that was announced in other NLL lacrosse news. Once Terry Pegula gave up control of the Rochester Arena I figured this would happen. Terry Pegula is selling off his Rochester holdings to focus on Buffalo which is a wise business move. He is spread out to thin money wise. The Key Bank Center is going to cost Terry Pegula a fortune to renovate the arena it needs so many repairs. You can’t flip the Buffalo Sabres with the Key Bank Center looking like that, broken seats it’s a mess. 

    Terry Pegula isn’t going to get from New York State for arena like the Buffalo Bills stadium he going to have to fund more of that then he did the new Bills stadium. Rochester Americans I believe at some point will be sold the Rochester Knighthawks are just the beginning. Hopefully Rochester business interests step to the plate and buy the hockey team to save the team for the Rochester fans there.

    This is what Terry Pegula and most owners do so he isn’t alone it’s business yet so many Western New York fans say no he is just a Buffalo fan he is different than other owners. No he isn’t different from any other owner. You sell unprofitable assets. We saw in Buffalo with Terry Pegula business holdings sold to new owners. Terry Pegula wants to make a quick buck with as little money going out of his own money as possible. That is what owners do. But I realize I am in the minority on Terry Pegula as an owner as a Buffalo sports fan. I have been suspended for 4 months from the Buffalo Bills Drive board because the young naive moderator can’t handle Buffalo fans like myself telling the truth about Terry Pegula. For Buffalo fans wondering why isn’t Buffalo Super Fan not posting on the Bills Drive board lately? I am fine and hopefully will be back when the moderator lifts my suspension on the Bills Drive site. I take the suspension with Buffalo fan pride because I spoke my opinion about a lot of things about Buffalo sports. I am not going to be bullied by a young naive Bills fan moderator that hasn’t lived enough Buffalo/Western New York life to really be aware what is going on. I am not fan of today’s generation of canceling and using position of power to get fans to basically be afraid to speak up just conform to group think of everyone. I wasn’t raised that way and I clearly write every posts it’s my own opinion. You don’t like what I post don’t read my posts pretty simple concept.

    Next Buffalo Bills and Sabres season will be special for me personally it marks I have been a Buffalo fan for 50 years. I still can’t believe it’s been 50 years supporting our Buffalo sports teams where has the time gone. Overtime Buffalo fans will see why did the Bills Drive moderator suspended Buffalo Super Fan for telling my own personal opinion? I am not alone and as time goes on more Buffalo fans will come to see what I see on Terry Pegula. Terry Pegula isn’t one of us fans the acting job he put on day one of buying the Buffalo Sabres have Western New York fans brain washed he is the greatest one of us just a fan. Good luck with that naive fantasy in my opinion. Go Sabres! Let’s Buffalo 

    You’ve been a fan for only 50 years? Rookie. 

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