That Aud Smell Posted April 19 Report Share Posted April 19 2 minutes ago, mjd1001 said: So what is the benefit of someing BUYING 25% share of the Bills? I'm guessing if there is a sale of team anytime in the future, they are in best position to buy it? an investment that appreciates at a rate that outpaces all other investments. and, in the meantime, a share of those sweet profits. 1 Quote Link to comment Share on other sites More sharing options...
#freejame Posted April 19 Report Share Posted April 19 I could be mistaken on this but hasn’t Terry been vocal about bringing private equity into the NFL? Quote Link to comment Share on other sites More sharing options...
Buffalonill Posted April 19 Report Share Posted April 19 25 minutes ago, That Aud Smell said: I think we all owe 12ozsports and TerrytheTailer apologies. For what ? 1 Quote Link to comment Share on other sites More sharing options...
Captain Caveman Posted April 19 Report Share Posted April 19 57 minutes ago, LGR4GM said: lmao "estate taxes become more burdensome" go home Tim, no one gives a flying F about Pegula eventually having to pay an estate tax. Well, you might care if and when his family is forced to sell the team. (I'm not arguing against estate taxes for the super-rich, just pointing out why it's relevant here.) 1 Quote Link to comment Share on other sites More sharing options...
#freejame Posted April 19 Report Share Posted April 19 I recommend everyone read Capital in the 21st Century. It really changed my perspective on estate tax. 1 Quote Link to comment Share on other sites More sharing options...
PASabreFan Posted April 19 Report Share Posted April 19 Billionaires with money problems. Cool. Hope they choke on it. 1 Quote Link to comment Share on other sites More sharing options...
LGR4GM Posted April 19 Report Share Posted April 19 6 minutes ago, Captain Caveman said: Well, you might care if and when his family is forced to sell the team. (I'm not arguing against estate taxes for the super-rich, just pointing out why it's relevant here.) Why would they be forced to sell? Hmm? Quote Link to comment Share on other sites More sharing options...
PASabreFan Posted April 19 Report Share Posted April 19 And now the other thread, which addressed the Sabres piece of the story, and which now has more bite to it, is locked? So we have to come here and probably be accused of going off topic? 1 Quote Link to comment Share on other sites More sharing options...
LGR4GM Posted April 19 Report Share Posted April 19 3 minutes ago, #freejame said: I recommend everyone read Capital in the 21st Century. It really changed my perspective on estate tax. I've seen parts of this. I should read it but the general gist is investment growth outpaces productivity growth 16 minutes ago, mjd1001 said: So what is the benefit of someing BUYING 25% share of the Bills? I'm guessing if there is a sale of team anytime in the future, they are in best position to buy it? Terry gets about 1 billion in cash and yes the 25% owner would probably get first right of refusal for 100% when Pegula sells. 1 Quote Link to comment Share on other sites More sharing options...
Flashsabre Posted April 19 Report Share Posted April 19 OK everyone has homework. Start looking up billionaires in the WNY, southern Ontario region.😃 I have heard about the Wegmans family and that guy mentioned Chris Sacca. Quote Link to comment Share on other sites More sharing options...
That Aud Smell Posted April 19 Report Share Posted April 19 18 minutes ago, Buffalonill said: For what ? for dunking on them as clickbait knuckleheads who didn't know dip squat when they tweeted yesterday about rumoured sales of Pegula sports stakes being afoot. 21 minutes ago, #freejame said: I could be mistaken on this but hasn’t Terry been vocal about bringing private equity into the NFL? private equity ruins what it touches. like a reverse midas touch. 1 1 1 Quote Link to comment Share on other sites More sharing options...
Brawndo Posted April 19 Author Report Share Posted April 19 1 Quote Link to comment Share on other sites More sharing options...
oddoublee Posted April 19 Report Share Posted April 19 37 minutes ago, mjd1001 said: So what is the benefit of someing BUYING 25% share of the Bills? I'm guessing if there is a sale of team anytime in the future, they are in best position to buy it? Yes to your last question - and if the team sells in 15 years, the ROI will be awesome. Or...they can always sell their portion for an awesome ROI. Also, ego. Quote Link to comment Share on other sites More sharing options...
sabremike Posted April 19 Report Share Posted April 19 12 minutes ago, That Aud Smell said: for dunking on them as clickbait knuckleheads who didn't know dip squat when they tweeted yesterday about rumoured sales of Pegula sports stakes being afoot. private equity ruins what it touches. like a reverse midas touch. The guy said Pegula was selling everything except the Bills when it ended up the exact opposite was true. 1 1 Quote Link to comment Share on other sites More sharing options...
PASabreFan Posted April 19 Report Share Posted April 19 3 minutes ago, sabremike said: The guy said Pegula was selling everything except the Bills when it ended up the exact opposite was true. The Bills are selling everything except Pegula? 1 Quote Link to comment Share on other sites More sharing options...
MISabresFan Posted April 19 Report Share Posted April 19 Current and retired professional athletes with ownership in a sports franchise. Myles Garrett a stake in the NBA’s Cleveland Cavaliers Patrick Mahomes: Kansas City Royals (MLB), Sporting Kansas City (MLS), Kansas City Current (NWSL), Alpine F1 Team (F1)The Chiefs’ quarterback most recently joined Alpine F1 Team as an investor alongside Travis Kelce, Rory McIlroy and Ryan Reynolds. LeBron James: Boston Red Sox (MLB), Pittsburgh Penguins (NHL), Liverpool FC (EPL), RFK Racing (NASCAR)Fenway Sports Group as a partner in 2021,which in turn made him a part-owner of FSG’s ventures in baseball, hockey, soccer and stock car racing. Michael Jordan: Charlotte Hornets (NBA), 23XI Racing (NASCAR) a NASCAR team owner in 2021 and has since become a mainstay at race tracks supporting his two cars. Magic Johnson: Los Angeles Dodgers (MLB), Washington Commanders (NFL), Los Angeles Sparks (WNBA), Los Angeles FC (MLS) Tom Brady: Las Vegas Aces (WNBA), Birmingham City FC (EFL Championship) Serena Williams: Miami Dolphins (NFL), Angel City FC (NWSL) Kevin Durant: Philadelphia Union (MLS), NJ/NY Gotham FC (NWSL) Alex Rodriguez: Minnesota Timberwolves (NBA), Minnesota Lynx (WNBA) Aaron Rodgers: Milwaukee Bucks (NBA) Giannis Antetokounmpo: Milwaukee Brewers (MLB) David Beckham: Inter Miami CF (MLS) Dwayne Wade: Utah Jazz (NBA) James Harden and Oscar De La Hoya: Houston Dynamo (MLS), Houston Dash (NWSL) Naomi Osaka: North Carolina Courage (NWSL) J.J. Watt: Burnley FC (EPL) Mario Lemieux: Pittsburgh Penguins (NHL) Steve Nash: Vancouver Whitecaps FC (MLS) Warrick Dunn: Atlanta Falcons (NFL) Quote Link to comment Share on other sites More sharing options...
PASabreFan Posted April 19 Report Share Posted April 19 (edited) 10 minutes ago, Brawndo said: That's some great critical thinking. How did she confirm that? Who are the named sources? Yesterday she surely thought no part of the Bills was for sale. Clearly everything is on the table in the Pegula sports portfolio. Edited April 19 by PASabreFan 1 Quote Link to comment Share on other sites More sharing options...
PASabreFan Posted April 19 Report Share Posted April 19 Also love the moving on part. Nothing to see here! Quote Link to comment Share on other sites More sharing options...
That Aud Smell Posted April 19 Report Share Posted April 19 7 minutes ago, sabremike said: The guy said Pegula was selling everything except the Bills when it ended up the exact opposite was true. He definitely didn't get a clear transmission, but he definitely had something. As for the exact opposite being true, not so: Graham (?) first came out and said "this is about a sale of the Knighthawks - that's all." That is the team that seemed to precipitate the post from 12ozsports. I think that's a focus of his. So, validation for 12oz. Then Graham came out and said: Oops. Chunk of the Bills is also for sale. And Graham then said: I no longer doubt that the same is true for the Sabres. So, stick tap to 12oz. I forget how TerryTheTailer factors into this. What did he Tweet? 1 minute ago, PASabreFan said: That's some great critical thinking. How did she confirm that? Who are the named sources? Yesterday she surely thought no part of the Bills was for sale. Clearly everything is on the table in the Pegula sports portfolio. Nothing like failing to learn from lessons of the past -- especially when "the past" is less than a day ago. Quote Link to comment Share on other sites More sharing options...
inkman Posted April 19 Report Share Posted April 19 1 hour ago, That Aud Smell said: I think we all owe 12ozsports and TerrytheTailer apologies. 1 Quote Link to comment Share on other sites More sharing options...
That Aud Smell Posted April 19 Report Share Posted April 19 3 minutes ago, PASabreFan said: Also love the moving on part. Nothing to see here! She's a quick study with MSM's condescension. 1 1 Quote Link to comment Share on other sites More sharing options...
inkman Posted April 19 Report Share Posted April 19 So the decade long cash poor rumors were true? 1 Quote Link to comment Share on other sites More sharing options...
shrader Posted April 19 Report Share Posted April 19 1 hour ago, Brawndo said: TG mentions this The double negative in the second portion of that tweet is twisting my brain into knots. 1 Quote Link to comment Share on other sites More sharing options...
That Aud Smell Posted April 19 Report Share Posted April 19 9 minutes ago, shrader said: The double negative in the second portion of that tweet is twisting my brain into knots. Haha. I gotchu. Graham is now agnostic (?) as to whether a chunk of the Sabres is up for sale as well. Given that he got burned, it would appear that he's open to the possibility of this being true. Quote Link to comment Share on other sites More sharing options...
Weave Posted April 19 Report Share Posted April 19 47 minutes ago, That Aud Smell said: private equity ruins what it touches. like a reverse midas touch. That has been my experience from the little guy POV. 2 Quote Link to comment Share on other sites More sharing options...
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