Non-Ownership Thread: Who Cares Edition
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02-15-2013, 04:06 PM
Join Date: Dec 2002
Sell it to Gallacher for $90m, $200 million over 20 years, standard 7 year out (Portland/Seattle).
For those doing math at home, the asset can be flipped for $200 million+ easily. At $90m, Gallacher has 7 years to lose ($110m + $70m AMF) roughly $180 million, or roughly $25 million every year. At that point he still wouldn't be out anything. Basically what Moyes was losing. Except Gallacher isn't a moron, can book events and the new CBA is much more friendly.
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