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re: How bad must Gary Chouest kick himself every day?

Posted on 1/28/20 at 3:40 pm to
Posted by Nissanmaxima
Member since Feb 2006
14928 posts
Posted on 1/28/20 at 3:40 pm to
quote:

He doesn’t have the bankroll


quote:

How Much is Gary Chouest Worth? His net worth is estimated at US$ 1 billion. But some sources claim his net worth is more than US$ 7 billion.


With all that said he would have been a terrible owner!
Posted by Sisyphus
Member since Feb 2014
1919 posts
Posted on 1/29/20 at 10:15 am to
quote:

Chouest would’ve been a terrible owner in comparison. He doesn’t have the bankroll and his business is too cyclical.




He's worth more than Gayle.

He may have been a bad owner long term but the man wanted to keep the team in Louisiana and we should be thankful for that.
Posted by BlackAdam
Member since Jan 2016
6843 posts
Posted on 1/29/20 at 10:11 pm to
Dude adopted Clarence Moore so his son could win a state title at South Lafourche. He would have adopted Shaq and Lebron and we would have rolled.
Posted by shel311
McKinney, Texas
Member since Aug 2004
112428 posts
Posted on 1/29/20 at 10:31 pm to
quote:

He doesn’t have the bankroll
Isn't he worth more than Gayle Benson?

quote:

With all that said he would have been a terrible owner!

Why?
Posted by bigberg2000
houston, from chalmette
Member since Sep 2005
70415 posts
Posted on 1/29/20 at 10:36 pm to
quote:

Dude adopted Clarence Moore so his son could win a state title at South Lafourche.


He had both of them at Hannan but the coach got fired and they all went down to South Lafourche. shite sucked.
Posted by ArcticTiger
North Pole
Member since Nov 2018
2066 posts
Posted on 1/30/20 at 7:58 pm to
He tried to buy the team and made every honest effort to buy the team but Shinn tried to screw him and sell above fair market value. Gary is a business man and does not mind spending money but you will not screw him. He then tried to buy in and be a part of it with Benson but Benson schnooked him and cut him out behind his back.
Posted by ArcticTiger
North Pole
Member since Nov 2018
2066 posts
Posted on 1/30/20 at 7:59 pm to
Gary does not and will not go to games since the deal with Benson. The man you are thinking of is Clarence Triche. He is Garys best friend. However after the BS that AD pulled Clarence said e will no longer go and gave up those seats.
Posted by NOSHAU
Member since Feb 2012
13052 posts
Posted on 1/31/20 at 9:05 am to
quote:

He then tried to buy in and be a part of it with Benson but Benson schnooked him and cut him out behind his back.
What are you talking about? Benson did not need him and was the purchaser. How did he cut him out behind his back? He wanted a deal an fell by the wayside when other big hitters got involved.
This post was edited on 1/31/20 at 9:07 am
Posted by NOFOX
New Orleans
Member since Jan 2014
10060 posts
Posted on 1/31/20 at 9:16 am to
quote:

How Much is Gary Chouest Worth? His net worth is estimated at US$ 1 billion. But some sources claim his net worth is more than US$ 7 billion.


Yeah, I don’t trust “superyachtfan.com” estimations. At Tidewater’s merger in 2018, the company was valued at $1.25B. It has a market cap of ~$600M today. Edison Chouest is worth a bit more, but Gary doesn’t own the company outright. Laney and Edison, Jr. have ownership too.

I seriously doubt he’s worth even $1B right now, definitely no where close to $7B. His business is too cyclical and too much of his wealth is tied up in the business.
This post was edited on 1/31/20 at 9:26 am
Posted by ArcticTiger
North Pole
Member since Nov 2018
2066 posts
Posted on 1/31/20 at 7:20 pm to
Because they had agreed that Chouest would be a minority owner with Benson same as he was with Shinn!
Posted by kpop1
Member since Jan 2018
1661 posts
Posted on 1/31/20 at 7:25 pm to
this
Posted by TrouserTrout
Member since Nov 2017
6425 posts
Posted on 1/31/20 at 7:56 pm to
In Bensons defense why have a partner or minority owner when you don’t need one.
Posted by the crue
Chackbay-Thibodaux
Member since May 2008
4019 posts
Posted on 1/31/20 at 8:56 pm to
quote:

We lucked out

Pelicans would be run by a bunch of Yokels from Thibodeaux and Galliano
baw
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