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Holy lol at how fast this all fell apart
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Jan 31, 2017 21:39
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Craptacular! posted:As far as I know they simply forwarded the reassuring smoke-and-mirrors Davis was making that everything is under control (while also beginning their first wave of attack pieces on the NFL for being "hypocrites" this morning, not surprising since Adelson bought paper to be his dirt-diggers and hitmen). I don't know who was making poo poo up but my first instinct would not be to just assume Goldman told the truth when not under oath.
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Jan 31, 2017 21:42
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Colostomy Bag posted:Will LV lead the league in Sachs? For a few years of his contract, then we'll see what Mack to Market Pricing does to the pass rush.
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Jan 31, 2017 21:47
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evilweasel posted:I don't know who was making poo poo up but my first instinct would not be to just assume Goldman told the truth when not under oath. Yeah, none of this makes sense. https://twitter.com/VicTafur/status/826519307735617536
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Jan 31, 2017 21:47
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The Raiders would have to pay the NFL a relocation fee of $550 million, pay the $500 million they committed as part of the three-way deal, buy the four parcels for the stadium, AND convince Goldman Sachs they could pay them back $650 million through cash and assets (stadium naming rights which Goldman could sell to whoever, etc). Probably the banks began to figure they're taking on debt beyond their ability to repay it.
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Jan 31, 2017 21:52
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Craptacular! posted:The Raiders would have to pay the NFL a relocation fee of $550 million, pay the $500 million they committed as part of the three-way deal, buy the four parcels for the stadium, AND convince Goldman Sachs they could pay them back $650 million through cash and assets (stadium naming rights which Goldman could sell to whoever, etc). Goldman was probably planning on selling the debt to third parties and pocketing fees.
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Jan 31, 2017 21:54
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Volkerball posted:Yeah, none of this makes sense. Sounds like Mark Davis tried to force Adelson's hand and it backfired
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Jan 31, 2017 22:00
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Mark Davis gonna lose his shirt in Vegas.
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Jan 31, 2017 22:04
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Remember when Sachs was gonna finance a stadium for the Chargers and Raiders in Carson? Good times
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Jan 31, 2017 22:11
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Las Vegas Sunquote:The franchise’s history of jumping back and forth from Northern to Southern California has been much documented, and some felt threats of relocating to Southern Nevada were simply a negotiating tool for Raiders ownership to get a better deal elsewhere. grass green, water wet
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Jan 31, 2017 22:13
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LA Times also has a source:quote:A person with direct knowledge of the proposed $1.9-billion stadium told The Times that a deal for Goldman Sachs to finance the project is contingent on Adelson’s involvement. Without the billionaire, the person said, there isn’t a deal. I kind of wonder if this source is Sisolak (county politician) trying to bring Adelson back to the table. His paper repeated a statement from his office that he was "unlikely" to come back. Sisolak, who had been cheerleading this project on the county commission, was also the first to declare that "the wheels had come off" while the Raiders were still projecting confidence that it was going to happen. Craptacular! fucked around with this message at 22:17 on Jan 31, 2017 |
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Jan 31, 2017 22:14
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but i thought mark davis was a cool dude cause he likes a chain restaurant and has a dumb haircut?
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Jan 31, 2017 22:14
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I can't wait to see warcrimes' revisionist history about how international capitalists betrayed the people's hero Mark "P.F. Chang's" Davis and forced him to run the Raiders out of the despicable city of Oakland.
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Jan 31, 2017 22:16
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Jiminy Christmas! Shoes! posted:but i thought mark davis was a cool dude cause he likes a chain restaurant and has a dumb haircut? All capital is guilty.
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Jan 31, 2017 22:16
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id take a stadium in pyongyang at this point
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Jan 31, 2017 22:18
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Mexico City Raiders here we come.
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Jan 31, 2017 22:27
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I'm originally from Dallas and a Cowboys fan at heart but I've lived here in Vegas for 14 years now with no plans of leaving anytime soon. I was kind of looking forward to the Raiders moving here and being my secondary/AFC team, but wouldn't really mind if they stayed in Oakland either. I just think it's simultaneously depressing and really loving hilarious Vegas got used for leverage yet again 
Ragnarok the Red fucked around with this message at 22:32 on Jan 31, 2017 |
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Jan 31, 2017 22:30
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Just lol if the raiders end up stuck in their lovely stadium for another 20 years
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Jan 31, 2017 22:33
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Leperflesh posted:
Do I get to crow about being right yet? Obviously it's premature to declare the whole deal as dead, but hopefully some folks are starting to see my view that this wasn't actually a done deal yet.
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Jan 31, 2017 22:39
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a neat cape posted:I wouldn't root for them anyway. But it would make Spanos extra mad. it would also relegate the chargers to ultimate fukboi status im down
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Jan 31, 2017 22:39
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loving lol that of all three teams expected to move as of three years ago, the only one that won't was the one that wanted to most
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Jan 31, 2017 22:45
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Get Bon Jovi on the phone
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Jan 31, 2017 22:55
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There is no other option. Los Angeles. They'll take any team. Make it happen.
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Jan 31, 2017 23:08
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Move all teams to LA.
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Jan 31, 2017 23:13
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Goldman doing Goldman things:quote:A Goldman Sachs spokesman declined to comment on the record. Adelson has had no conversations with Goldman Sachs about its involvement in the project, said Ron Reese, a spokesman for the Las Vegas Sands. I wonder why football spent two weeks or more promoting Goldman as a backup plan then.
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Jan 31, 2017 23:15
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Ragnarok the Red posted:I'm originally from Dallas and a Cowboys fan at heart but I've lived here in Vegas for 14 years now with no plans of leaving anytime soon. I was kind of looking forward to the Raiders moving here and being my secondary/AFC team, but wouldn't really mind if they stayed in Oakland either. Congratulations on being the new Los Angeles!
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Jan 31, 2017 23:31
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https://twitter.com/VinceSapienza/status/826511065110368256?ref_src=twsrc%5Etfw https://twitter.com/nathanfenno/status/826505796615753728?ref_src=twsrc%5Etfw kaboom Chinatown fucked around with this message at 23:35 on Jan 31, 2017 |
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Jan 31, 2017 23:33
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https://twitter.com/VinceSapienza/status/826535931406479361?ref_src=twsrc%5Etfw
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Jan 31, 2017 23:40
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Ragnarok the Red posted:I'm originally from Dallas and a Cowboys fan at heart but I've lived here in Vegas for 14 years now with no plans of leaving anytime soon. I was kind of looking forward to the Raiders moving here and being my secondary/AFC team, but wouldn't really mind if they stayed in Oakland either. At least you have the most clownboat NHL franchise now
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Jan 31, 2017 23:41
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There's probably a voicemail waiting at PF Changs.
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Jan 31, 2017 23:59
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C-Bangin' it 
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Jiminy Christmas! Shoes! posted:Move all teams to LA. Los Angeles Patriots has a nice ring to it.
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Feb 1, 2017 00:06
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The Los Angeles Raiders home games at the Staples Center will provide fans a unique "arena" football experience.
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Feb 1, 2017 00:10
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put the raiders in the SFV
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Feb 1, 2017 00:26
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Seems this was a case of everyone smelling somebody else's money. Davis smelled the government's money, Adelson smelled stadium management money, the government smelled tourist money, etc. Then the NFL said "we're not comfortable working with a casino boss," so Adelson used his VIP status at Goldman to get them to handle it, still expecting that he could sell the place on the offseason on touring shows, National Finals Rodeo, UNLV games, etc. And then Davis decided he wanted that money, too, at which point there was not enough incentive for Adelson to spend $600MM. Mark almost pulled it off until he got greedier and also tried to get the house to both front the losses and give him the profits. Cost-benefit scenarios are kind of what this town was built on.
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Feb 1, 2017 00:30
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Feb 1, 2017 00:32
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Stockton Raiders
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Feb 1, 2017 00:33
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Riverside Raiders has a nice ring to it
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Feb 1, 2017 00:38
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Palm Springs Raiders
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Feb 1, 2017 00:54
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SoCal Raiders
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Feb 1, 2017 00:55
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Monterrey Bay Mud Pirates
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Feb 1, 2017 00:57
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