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Posts By GrantTheFan
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O-T Lounge
re: Proposed lakefront water park and concert venue - GrantTheFan
Great property to do something, I hope they can make it work....


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New Orleans Saints Talk
re: Benson needs to sell to the Mannings - GrantTheFan
Why do you feel the need to use profanity? And where did I say Tom paid $1 million dollars for the Saints? I'm using that $1 million dollar initial cash investment because that's what Tom himself said he invested, not paid, invested, in an interview with Kenny Wilkerson on WWL some years ago. In ...


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New Orleans Saints Talk
re: Benson needs to sell to the Mannings - GrantTheFan
Dang, bro. Why so angry? OK, so my wording regarding the "rights" was incorrect - to an extent. You can sell those rights, to the point at which the Saints revoke those rights. But the point, which was that you offer no asset for downside protection, was absolutely correct. If I buy your righ...


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New Orleans Saints Talk
re: Benson needs to sell to the Mannings - GrantTheFan
Valid point. Very valid. That risk is considerably mitigated by the sheer growth in cash flows now afforded NFL teams, mostly from TV money. The profit margin (according to Forbes) is almost twice that of the debt service. That's a pretty nice ratio. Now, admittedly, I have no idea what that ra...


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New Orleans Saints Talk
re: Benson needs to sell to the Mannings - GrantTheFan
You're really struggling to grasp a most basic of concepts, Tiger. So let's see, I give you 5k for the "rights" to your tickets. At some point in the future, the Saints, at their discretion, revoke those rights. I'm out 5k. Now, at the same time, let's say I'm an OT Baller and I bought 2 PSL...


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New Orleans Saints Talk
re: Benson needs to sell to the Mannings - GrantTheFan
In this example I assumed it was understood Peyton would no longer be playing, so let me be clear that is the scenario. 3 years ago Forbes pegged him at $115 million (true, net worth, not cash, but it's likely that a great deal of that is pretty liquid) and he's earned $60 million in salary and $...


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New Orleans Saints Talk
re: Benson needs to sell to the Mannings - GrantTheFan
Sorry I hurt your feelings, but that comment wasn't directed at our disagreement about the LSU tickets, it was directed at you not understanding how it would be possible to put the deal together. That said, there is no asset in your example, it's simply changing the name on the account - which the...


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New Orleans Saints Talk
re: Benson needs to sell to the Mannings - GrantTheFan
Ok, we're not going to agree and no sense in OT'ing this discussion - we disagree on the LSU example. It's football, people who want to go to the games will pay that, imo. You don't think so. Fair enough. As to the PSL, if you and I agreed on a price for you to sell me the rights to your ticke...


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New Orleans Saints Talk
re: Benson needs to sell to the Mannings - GrantTheFan
Fair enough, but answer a couple questions, then. What part of my admittedly very rough draft scenario, specifically, do you find so implausible, and, how did Tom manage to originally acquire a 55% stake in the Saints by putting up only $1,000,000 of his own cash?...


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New Orleans Saints Talk
re: Benson needs to sell to the Mannings - GrantTheFan
[quote]ou can think that, but you're crazy. Btw, the PSL revenue would be shared unless it was going for construction or renovations of a new stadium. They would need to create another exemption for this. [/quote] People said LSU was crazy to quadruple the price of prime seating in Tiger Stadium....


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New Orleans Saints Talk
re: Benson needs to sell to the Mannings - GrantTheFan
You don't understand basic math? Sorry, bro....


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New Orleans Saints Talk
re: Benson needs to sell to the Mannings - GrantTheFan
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 yo...


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New Orleans Saints Talk
re: Benson needs to sell to the Mannings - GrantTheFan
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 exam...


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O-T Lounge
re: La. higher ed cuts could go well over $300 million... - GrantTheFan
Getting the point isn't really your thing, I see....


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O-T Lounge
re: La. higher ed cuts could go well over $300 million... - GrantTheFan
A friend of mine works at LSU. He watches movies and posts to Facebook all day - from his office. Every two years, his department schedules a "meeting" with the comparable department at UA in Tuscaloossa for the Friday and Monday of the LSU Bama game, they take an LSU van and gas card, while LSU a...


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New Orleans Saints Talk
re: If you could have ANY player in the NFL, who would you take? - GrantTheFan
Andre Luck...


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O-T Lounge
re: Would you take a train charter to an LSU game? - GrantTheFan
I've taken the Jim Dumigan LSU Football road trips many times - he does charter railroad trips to Oxford and Tuscaloosa, always a great time. I'd recommend it. ...


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Tiger Rant
re: LSU Reaches out to Clancy Pendergast Update 1/2 2:58PM Coach CP front runner DC - GrantTheFan
Looks like we may not even notice Chief ever left....


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Tiger Rant
re: LSU Reaches out to Clancy Pendergast Update 1/2 2:58PM Coach CP front runner DC - GrantTheFan
I don't know Clancy Pendergast from the man in the moon, but after reading all the posts proclaiming him an absolute home run hire and the linked articles, I was a little leery. I mean, the guy's unemployed, is he really that great? And he was fired from the Cardinals. So I did some googling and ...


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O-T Lounge
re: Question for the OT legal team. Re: car trade-in payoff - GrantTheFan
If it's a branded dealership, call the manufacturer. If its a shady used car lot, call the LA Used Car Commission. Problem solved. That some of you manage to exist in real life daily amazes me....


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Posts By GrantTheFan