Originally posted by SuperCharged
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Dea Spanos vs. Dean Spanos
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Originally posted by SuperCharged View Posthttps://www.cnn.com/2023/07/20/busin...ale/index.html
If only some how some way this could happen to us.
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Originally posted by Xenos View Post
That was for Dea’s share of the team. He’s not selling the team when he just put money down on a new facility that won’t open until 2024.
I don’t think the Chargers ownership group have that kind of cash flow. all the folks that complain they are cheap are missing the mark - they aren’t cheap, they are poor. They don’t have money, they have equity in the Chargers. Thats why Dea wants her slice - its not about charity, she wants money. Equity don’t spend, its like having a huge valuable house - all you got is huge mortgage and insurance bills as long as youre in it. Cash is accepted everywhere.
Our active owners so love the game, they sacrifice their wealth potential to retain their leadership roles in the NFL. It’s enough to get me misty-eyed … sniff …“Less is more? NO NO NO - MORE is MORE!”
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Originally posted by dmac_bolt View Post
I’m not sure they put down shit. A private builder is funding construction and will lease it to the Chargers, as i understood the deal.
I don’t think the Chargers ownership group have that kind of cash flow. all the folks that complain they are cheap are missing the mark - they aren’t cheap, they are poor. They don’t have money, they have equity in the Chargers. Thats why Dea wants her slice - its not about charity, she wants money. Equity don’t spend, its like having a huge valuable house - all you got is huge mortgage and insurance bills as long as youre in it. Cash is accepted everywhere.
Our active owners so love the game, they sacrifice their wealth potential to retain their leadership roles in the NFL. It’s enough to get me misty-eyed … sniff …
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Originally posted by jamrock View Post
Poor by NFL standards perhaps but not by any reasonable standard. They have plenty of cash flow. Supports the whole family in grand style. They also have 5+ billion in equity. If you can’t figure out cash flow from that I don’t know what to tell ya. They should ask Bezos who squeaks by on a salary of $181,000 per year
Yeah . . . . . . . . . . . but he's got one hell of a benefits package !
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Originally posted by jamrock View Post
Poor by NFL standards perhaps but not by any reasonable standard. They have plenty of cash flow. Supports the whole family in grand style. They also have 5+ billion in equity. If you can’t figure out cash flow from that I don’t know what to tell ya. They should ask Bezos who squeaks by on a salary of $181,000 per year
Bezos has also sold $39B worth of AMZ stock so far. Add that to his cash flow.“Less is more? NO NO NO - MORE is MORE!”
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Originally posted by dmac_bolt View Post
Thats not a meaningful comparison to Bezos. Nobody here is asking them for reasonable standard type of spending. Bezos get non-salary compensation of $1.6M per year, its funny tax accounting math, don’t strain your brain to understand it, just know he’s not living on $81k (not 181k). Basically, he’s cheating the US tax system, vs taking a straight $1.6M salary taxed as normal wage income.
Bezos has also sold $39B worth of AMZ stock so far. Add that to his cash flow.
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Originally posted by dmac_bolt View Post
I’m not sure they put down shit. A private builder is funding construction and will lease it to the Chargers, as i understood the deal.
I don’t think the Chargers ownership group have that kind of cash flow. all the folks that complain they are cheap are missing the mark - they aren’t cheap, they are poor. They don’t have money, they have equity in the Chargers. Thats why Dea wants her slice - its not about charity, she wants money. Equity don’t spend, its like having a huge valuable house - all you got is huge mortgage and insurance bills as long as youre in it. Cash is accepted everywhere.
Our active owners so love the game, they sacrifice their wealth potential to retain their leadership roles in the NFL. It’s enough to get me misty-eyed … sniff …
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Originally posted by jamrock View Post
Poor by NFL standards perhaps but not by any reasonable standard. They have plenty of cash flow. Supports the whole family in grand style. They also have 5+ billion in equity. If you can’t figure out cash flow from that I don’t know what to tell ya. They should ask Bezos who squeaks by on a salary of $181,000 per year
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Originally posted by jamrock View Post
He’s not living on $81k or even $1,6m. He shits $1.6m for breakfast. Point is Spanos is not poor.
Also not sure on the $5B in equity quote. But equity is just a certificate in a vault, its not cash.“Less is more? NO NO NO - MORE is MORE!”
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