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12-15-2012, 11:31 AM
OthmarAmmann's Avatar
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Originally Posted by Whileee View Post
I guess it depends on what is meant by "simultaneously". I'm sure they could be the team in the morning and sign the lease in the afternoon. In fact, Jamison should have been ready to go when the previous lease was approved. Instead, his "weeks not months" turned into "months not weeks" to secure investors, and in the meantime Glendale's budget woes became public and the whole situation imploded. He cost himself and his investors some money by failing to purchase the team in May/June.
He's no longer here to clarify, but I believe he meant in the same room at the same time.

Originally Posted by Whileee View Post
I agree, it's a lot more straightforward. It is also less lucrative than other proposed lease agreements.
Curiously they're comparable in present value. I took the Hulsizer bond scheme to mean that either he didn't have the $ to buy the team or didn't feel comfortable with COGs credit to enter into a long term agreement with them. I imagine it was a little of both.

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