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re: How can we keep Jonas and Naji next year?

Posted on 3/26/24 at 5:16 pm to
Posted by WaltWhite504
Member since Sep 2021
1388 posts
Posted on 3/26/24 at 5:16 pm to
$10m in tax is nothing to Gayle. Y'all acting like she is cheap. Lady gives millions away every year to charity and has no children to leave her billions to. All she does is spend money to honor the man who gave it to her.

I think the plan has always been the tax. Getting under the tax this year was essential to allowing us to go into the tax for longer before the repeat tax.

This team has the potential to be special. Invest in it, the franchise value goes up. Its already worth ($3b) 10x what her husband paid for it ($300m).

What is $10-15m dollar a year tax when you are talking that type of return?






Posted by TotesMcGotes
New York, New York
Member since Mar 2009
27883 posts
Posted on 3/26/24 at 5:31 pm to
She should divert a few million from the archdiocese’s bankruptcy legal fees and bring back CP this summer.
Posted by Pels_Yaz
Member since Apr 2023
9166 posts
Posted on 3/26/24 at 5:33 pm to
quote:

What is $10-15m dollar a year tax when you are talking that type of return?


She only gets that return if she sells the team. What people don’t realize a majority of Gayle’s wealth is tied up in assets. Meaning unless she is unloading her assets, a majority of her wealth is tied up in assets such as the pelicans, saints, car businesses. She doesn’t have constant cash flow like the Steve Balmers or other owners. Not saying she wont pay the tax just saying that she doesn’t have as much “free” cash as other owners might.
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