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Discussion in 'The Mainboard' started by Gunners, Jun 6, 2012.
I think his special autism ability is owning Clay Travis
Who better to build your men’s clothing brand?
@rhone - made by men for men who run a 7.6 second 40 yard dash.
We got a bite
lol at posting Gallant Knight 's twitter here
He posted it himself in the horse racing thread.
I don't post in the horse racing thread. I also took a guess that it was GK when the profile said woo pig and took an educated guess it was him.
Gallant Knight is bff’s Darren Rovell it all makes sense now
Sounds like my BFF Rovell is going to start digging into the Authentic deal. Should get interesting
What is this?
This somehow makes Benny Shaps more of a loser
The real crime here would be not getting Goodfellas-era Ray Liotta to play GK in the inevitable film adaptation of this saga
Can you not read like five posts up?
Like I’m supposed to understand any of that
Fully expecting Darren to tweet something like this later today
Hate to see it.
Darrell is on fire tonight, guys.
We got an old-fashioned ?-off.
I prefer the off
I hate how much time I’m spending racking my brain trying to figure out what the fuck he meant.
I guess you have to be on the spectrum to understand that tweet.
I still think about “your da man in da hole” sometimes. There is no possible meaning. Adding this to the list.
why would they finance that? 38M per year is like one superstar salary. Seems like they could afford that.
money is cheap these days.
i thought i had read about davis being pretty poor, too, relative to his peers
Pay 380 million now of let’s say $1b in cash for simplicity sake. That means you have 620mm left.
Let’s say you have a range of investments and you expect a 10% return, again that number for simplicity sake.
So you pay out 380mm and then make 10% from your remaining 620mm at end of year so now you’re got 682 mm.
Let’s say the bank is charging you 10% on your loan, so you owe the bank 41.8mm year one. But you only took 41.8 mm from your 1b. So that 10% from investment is of 938.2mm instead of 620mm. So by financing through the bank you are making over 30mm additional dollars by not paying it off.
you can extract this over 10 years if you want to, but long story short is that you can make more money with what you’ve got in your pocket than what you payoff as long as your returns are greater than your interest rate.
isnt capitalism cool and fair for all!!
Also I don’t think the raiders org or Davis family have 1b lying around, and I realize 10% is a huge number.
I know you know this but just to add - if Jeff Bezos owned the Raiders he wouldn’t pay cash out of pocket either for all the reasons you just explained.
Everyone who pays a dollar over their mortgage every month needs this lesson too
What she sees
Jeez that’s gotta be some content
All of this for 124 likes