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05-10-2013, 07:32 PM
Fire KLowe
Join Date: Aug 2005
Location: Earth
Posts: 4,009
vCash: 500
Originally Posted by smackdaddy View Post
Katz Funding: $146.5M
City Funding: $219M

The smoke and mirrors is obviously confusing you

City funding - all of it

Katz repayment over a significant period of time, which has very few guarantees attached to it and during which he can sell the team - 146.5 million
Given Katz's contribution is over 30 years, I wonder what the actual value of his contribution would be in 2013 dollars assuming a standard rate of inflation. Clearly 3.5 million in 2040 won't be worth squat in 2013 dollars; more of the Katz-Mandell smokescreen.

Gone is offline