- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Benson needs to sell to the Mannings
Posted on 1/27/15 at 9:01 pm
Posted on 1/27/15 at 9:01 pm
Tom Benson needs to sell the Saints to Louisiana's 1st family Archie and his 2 sons Peyton & Eli. Peyton could be the Gm similar to John Elway in Denver. They can definitely afford it and I think they would do a great job. This would also end the embarrassing situation with this law suit. Tom please sell......
29
Posted on 1/27/15 at 9:04 pm to frog legs
Uh huh.
Posted on 1/27/15 at 9:04 pm to frog legs
quote:
They can definitely afford it
Posted on 1/27/15 at 9:04 pm to frog legs
First family? Lolz no. Sell it to Brees. He should have about 1 billion by now.
Posted on 1/27/15 at 9:05 pm to frog legs
You honestly think the Mannings have close to $2 billion dollars?
Posted on 1/27/15 at 9:06 pm to frog legs
Tom Benson wipes his arse with Peyton's money
Posted on 1/27/15 at 9:07 pm to frog legs
frick the Mannings
And no, they couldn't.
quote:
They can definitely afford it
And no, they couldn't.
Posted on 1/27/15 at 9:16 pm to frog legs
lol
Posted on 1/27/15 at 9:17 pm to frog legs
this is one of those posts where I hope the person is a troll and not legitimately this stupid
Posted on 1/27/15 at 9:20 pm to BilJ
quote:
this is one of those posts where I hope the person is a troll and not legitimately this stupid
You're an optimist
Posted on 1/27/15 at 9:22 pm to tigerbaittrick
quote:The Saints would cost close to $2B?
You honestly think the Mannings have close to $2 billion dollars?
and to the OP, I don't know if Peyton and Eli combined even have $100M
Posted on 1/27/15 at 9:30 pm to frog legs
Archie gotta have at least 2 million. Only 1604 million to go
Posted on 1/27/15 at 9:40 pm to BilJ
quote:
this is one of those posts where I hope the person is a troll and not legitimately this stupid
No, I think he's for real. Unfortunately.
Posted on 1/27/15 at 9:40 pm to frog legs
They can't "easily afford" it, but they could probably pull it off. Peyton is listed with a net worth of a little over $115 million, as of around 2012. Let's say he could put together $100 million in cash. The NFL requires that one party own controlling interest in a franchise. So, for this example, assume he buys the team for $1.2 billion - he puts up $100 million cash and borrows $512 million, for a 51% ownership stake. He puts together a group of investors to pony up $588,000,000 in cash for their percentages and deal done. Debt service is around $30 million per year on a regular amortization (Forbes estimates operating income at $50 million per year), but could be considerably reduced in the short term through any number of methods. He could institute a one time PSL program that averages, say, $2,500 per seat and raise $177,500,000 right off the bat, considerably reducing debt service. Anyway, while it wouldn't be the easiest deal to put together, it's certainly not out of the question, if there would be a will on both sides to do a deal.
Posted on 1/27/15 at 9:40 pm to Kafka
quote:
The Saints would cost close to $2B?
Easily could, maybe more
Posted on 1/27/15 at 9:40 pm to TigerBait1127
Lmao no they fricking wouldn't. Saints would value right around or probably under 1 billion.
Posted on 1/27/15 at 9:41 pm to GrantTheFan
quote:
He could institute a one time PSL program that averages, say, $2,500 per seat and raise $177,500,000 right off the bat, considerably reducing debt service.
My 5 tickets cost a total of $1700...
Your brilliant idea would cost $12,500
The dome would be empty and he'd have alternated his fan base
He can't afford the team
This post was edited on 1/27/15 at 9:44 pm
Posted on 1/27/15 at 9:43 pm to frog legs
This is the worst thread I've seen on this board in a while.
Posted on 1/27/15 at 9:45 pm to Sentrius
Saints are worth around 1.3 billion
Posted on 1/27/15 at 9:52 pm to TigerBait1127
It would definitely alienate quite a few fans, but at the end of the day, after bitching and moaning, most would pay it, like most LSU fans pay the annual TAF fees. Those that gave up their seats were easily replaced. Look, I'm not endorsing it, but it's certainly possible to do a deal, whether you choose to believe it or not. And a one time PSL is pretty standard in the NFL these days. Personally, I'd pay the 5k fee for my two seats and think most probably would as well. Plus, the PSL is your asset to re-sell should you wish, an old roommate of mine sold his Texans PSL's for double what he paid for them back in '01.
Page 1 of 5
Popular
Back to top
Follow TigerDroppings for LSU Football News