YoloinOhio, on 02 June 2014 - 07:01 AM, said:
I know there is a "fiduciary responsibility" there but I thought I read that the trustees were committed to not selling to a suitor who wanted to move the team, regardless. Whether Golisano offers $1B or a guy worth 31B who wants to move it to LA but offers $4b, they were going to sell to the highest bidder who shows they will keep the team here. Sounds like Poloncarz is questioning that, and Brandon can't comment.
You know what it sounds like to me, ... common sense really, that Brandon and Polancarz fully understand that it's an uphill battle to keep the team in the region. That they're exploring all options to do so. That they don't want to suggest that the odds of the team staying may be closer to 10% than to 90-100% like many here seem to BILL-ieve.
This isn't a fairy tale, it's modern America where money is all that matters and the desires of the uber wealthy are all that matter.
Take Wilson for instance. You really think he cared about anything but himself and the inheretence he'd leave his family? Please! He could have sold the team to Golosano, Peguda, Trump, or anyone else that agreed to keep it in Buffalo, but instead he's arranged to have it sold upon his death and now we've heard, several times, that it will be to the highest bidder. I'd bet anything that that's exactly who's going to be buying it, the highest bidder.
I'm just curious how many fans still view Ralph as some great guy that really did what he could, or even a small amount besides throwing an anchor on the team, while it still sucks, to stick around for a few more seasons.
That's a fact
, Wilson could have arranged, perhaps even posthumously, to have sold the team to someone willing to keep it here. The other fact
is that he did not do that. At this point, every dime that the estate makes is pure profit off of his original purchase price of $25K, which in today's NFL terms is about a penny. I guess $800M, even after taxes, isn't enough for his family to live on.
Meanwhile, watch, the team will go to the playoffs the season before it moves.
FeartheLosing, on 02 June 2014 - 07:18 AM, said:
The team is currently worth 870 mill, and will probably sell for north of one billion. Although I doubt it goes over 1.5.
Again, you're missing the point. A month ago if anyone had been asked about the value of the Clippers, we'd be having the same conversation here, that the Clippers wouldn't sell for anymore than $1B if that.
These people have way too much money for everyone else's good.