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re: For those who supported the owners in the NFL lockout
Posted on 3/8/13 at 2:02 pm to Sophandros
Posted on 3/8/13 at 2:02 pm to Sophandros
quote:
Please try to engage us in an honest discussion
I am engaging in honesst discussion. I think you need to educate yourself on how the world of finance works a little better before accusing others of being dishonest. An asset growing in value by 8% per year is a healthy rate. But it very different than "making money". Let's look at it from the prospective of the IRS. They always get a piece when soeone "makes money", right? Tell me...what percentage of the 8% annual growth has the IRS received since 1993? If the answer is 0 (hint...it is) then maybe when you are talking about "making money" you should look at year to year revenues. Over the last two years the Panthers made about 8% profit based on the statements released by deadspin. HOw about the other 18 years? You have numbers on those? How about this year? Was there anything happening the previous two years that might lead a team to cut back on its contractual obligations that might give it an unordinary spike?
This post was edited on 3/8/13 at 2:03 pm
Posted on 3/8/13 at 2:09 pm to BBONDS25
Believe me, I am quite familiar with the world of finance.
You're trying to redirect from the topic at hand because you know your position is untenable.
Richardson claimed he wasn't making money. He was, and thus was lying. Period. Full stop.
This is not about your imagined assault on the wealthy. This is not about how much money he was and is making.
This is about his and other owners' decision not to negotiate in good faith and the media and people like you swallowing their lies whole without taking a moment to verify their claims.
You're trying to redirect from the topic at hand because you know your position is untenable.
Richardson claimed he wasn't making money. He was, and thus was lying. Period. Full stop.
This is not about your imagined assault on the wealthy. This is not about how much money he was and is making.
This is about his and other owners' decision not to negotiate in good faith and the media and people like you swallowing their lies whole without taking a moment to verify their claims.
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