freakingeek Posted October 16, 2024 Report Share Posted October 16, 2024 7 hours ago, oldschool said: Welcome to the South where they think they can grab their guns and march on BSP to demand a billionaire sell their team. Actually, that's not a bad idea. It just might get some traction. Then again we could end up getting an owner like Haslam. AAS is fine as an owner as long as she stays out of the business of running the team. Where the hell is Jeff Diamond when you need him. Link to post Share on other sites More sharing options...
No1TitansFan Posted October 16, 2024 Report Share Posted October 16, 2024 (edited) The state of TN is currently sitting on a rainy day fund of $2B and turns down 100-200M of federal funidng a year, their commitment to the stadium is pretty minor in the grand scope of the state's financials. Edited October 16, 2024 by No1TitansFan titanruss, and IsntLifeFunny 2 Link to post Share on other sites More sharing options...
ChesterCopperpot1 Posted October 16, 2024 Author Report Share Posted October 16, 2024 4 hours ago, Stevenths78 said: Very true it would be, but again I do not think people here understand my point. (Not you specifically) Amy is about to have serious heat turned her way when, not if, the ticket sales do not make it. & again whether people like it or they do not…alot of Tennesseans hate the team. Whether people like it or not, East Tennessee had a big say in state affairs. The first capital city was there for a reason. There was a time to make a bad hire, that time wasn’t now. So I just sincerely wonder about the possibility of her selling the team when the finances get tight. She is not as rich as people here are eluding in comparison to other owners. New stadium adds serious pressure to this team, that right now I am afraid is going to end very badly. I don’t see how anything improves without the team landing a star QB in the draft. Ran used all the cap space needed really to get a Free Agent QB worth a damn this offseason. This team is backed into a corner, with loads of financial goals they are supposed to hit with potentially the worst coach the team has ever had. The ingredients are there for chaos. Truly are. Hopefully it turns around before it gets to that. I say this with all Due respect: no one gives a shit about East Tenn or what those who live in East Tenn think. WG53, titanruss, and Supernope 3 Link to post Share on other sites More sharing options...
titanruss Posted October 16, 2024 Report Share Posted October 16, 2024 2 hours ago, rns90 said: I don’t think this guy realizes that this is a civic investment where you bring in revenue and that the Titans are only a portion of it. People might laugh at this next part but they already booked a future Wrestlemania in 2027 for the stadium. Those things attract a ton of people for an entire weekend and will bring in a ton of tourist dollars for the city. The same people that complained the first time and had "NFL NO!" signs in their yards sure weren't complaining when we upgraded our grocery stores from just PigglyWiggly or when they sold their 25k house they bought in the 90s for half a million. They also hate the idea of an infrastructure bill and transportation bill.... not realizing that also increases growth, improves property value, brings stores and restaurants they like, reduces traffic, and makes their car rides cheaper, safer, and more enjoyable. Rural voters are typically dumb as shit and propagandized to believe it's American to have a selfish existence. Nashville used to be rural, so even in its busiest liberal parts you are still chock full of rural attitudes. They vote against their own interests because they always have before... then bitch about the state going to shit and blame everyone but themselves. bostontitan, and Callidus 2 Link to post Share on other sites More sharing options...
IsntLifeFunny Posted October 16, 2024 Report Share Posted October 16, 2024 4 hours ago, titanruss said: The Nashville part of it is covered by tourists. The state portion will be covered by a tax that equals out to like 1 bottle of Coca-Cola per year... maybe 2 after interest on bonds. The revenue and $$$$ brought in by hosting the team and the venue for the city and state cancels that out 100x Tennesseans will be worth more because of it and they will have a football team for 30 years to cheer for as well as a badass stadium venue for concerts and events. If you are the type that complains about that, then you either have nothing better to do, are brainwashed, or too ignorant to understand much at all in life and should probably just stop posting opinions in favor of questions. He kept repeating in your feelings & cry some more. I can only ponder why. titanruss 1 Link to post Share on other sites More sharing options...
Callidus Posted October 16, 2024 Report Share Posted October 16, 2024 11 hours ago, BudsOilers said: Good god. The Adams family isn't selling the team. How dumb are some of you people? Its a cash cow that is all but guranteed to keep producing. Regardless of product on the field nfl teams make bank. Selling is one of the dumbest buisness decisions you could make. Link to post Share on other sites More sharing options...
Callidus Posted October 16, 2024 Report Share Posted October 16, 2024 2 hours ago, titanruss said: The same people that complained the first time and had "NFL NO!" signs in their yards sure weren't complaining when we upgraded our grocery stores from just PigglyWiggly or when they sold their 25k house they bought in the 90s for half a million. They also hate the idea of an infrastructure bill and transportation bill.... not realizing that also increases growth, improves property value, brings stores and restaurants they like, reduces traffic, and makes their car rides cheaper, safer, and more enjoyable. Rural voters are typically dumb as shit and propagandized to believe it's American to have a selfish existence. Nashville used to be rural, so even in its busiest liberal parts you are still chock full of rural attitudes. They vote against their own interests because they always have before... then bitch about the state going to shit and blame everyone but themselves. The fact fema had to issue warning and even pull some people from some rural locations because of nut job milita types in the Appalachians should be all you need to know about the area lol. titanruss, and Number9 2 Link to post Share on other sites More sharing options...
titanruss Posted October 16, 2024 Report Share Posted October 16, 2024 51 minutes ago, Callidus said: The fact fema had to issue warning and even pull some people from some rural locations because of nut job milita types in the Appalachians should be all you need to know about the area lol. Hearing people I know post stories and crying about FEMA not helping is just a shame. Fairly intelligent people in a local social circle that have never bothered to look up what they are arguing about. Tennesseans that voted for people refusing to accept Federal monies and defund FEMA... now they want to complain when they wrongly believe FEMA isnt helping. Callidus 1 Link to post Share on other sites More sharing options...
Stevenths78 Posted October 16, 2024 Report Share Posted October 16, 2024 14 hours ago, BigGambino said: It's ugly now, but I don't believe you understand the difference between net worth and business worth. She has had the team for years, and can pay herself whatever she wants. I agree the Titans are not attracting anyone, and few care about them. Been teased too much, but look at the Browns....never sniffed a SB and a bunch of zealots every year in the stands. Browns have real fans though, Titans do not BigGambino 1 Link to post Share on other sites More sharing options...
Stevenths78 Posted October 16, 2024 Report Share Posted October 16, 2024 11 hours ago, IsntLifeFunny said: He kept repeating in your feelings & cry some more. I can only ponder why. Because it is true. AAS is one of the poorest owners in the NFL with very low liquidity. If she is required to raise additional funds over 100-200 million she will be forced to atleast sell a portion of the team. I got very frustrated because I know I am correct in what I am saying regarding her lack of liquidity yet I am being berated as an idiot. I shouldn’t react. The last time you all did this to me, I was right. I’ll be right this time too. I understand numbers, data and finances. I have read alot about AAS in depth from legit media sources. She sold all her KSA holdings to raise money for the stadium. She doesn’t have liquid assets remaining, if she is forced to raise more funds it will be a sale of the team. Whether she sells a 5% stake or a 25% stake is to be determined oldschool 1 Link to post Share on other sites More sharing options...
Stevenths78 Posted October 16, 2024 Report Share Posted October 16, 2024 11 hours ago, titanruss said: The same people that complained the first time and had "NFL NO!" signs in their yards sure weren't complaining when we upgraded our grocery stores from just PigglyWiggly or when they sold their 25k house they bought in the 90s for half a million. They also hate the idea of an infrastructure bill and transportation bill.... not realizing that also increases growth, improves property value, brings stores and restaurants they like, reduces traffic, and makes their car rides cheaper, safer, and more enjoyable. Rural voters are typically dumb as shit and propagandized to believe it's American to have a selfish existence. Nashville used to be rural, so even in its busiest liberal parts you are still chock full of rural attitudes. They vote against their own interests because they always have before... then bitch about the state going to shit and blame everyone but themselves. 70% of the speakers in Nashville from Nashville citizens opposed the stadium FYI. I can also link that source. I was born in Nashville, you? Link to post Share on other sites More sharing options...
oldschool Posted October 16, 2024 Report Share Posted October 16, 2024 5 minutes ago, Stevenths78 said: Because it is true. AAS is one of the poorest owners in the NFL with very low liquidity. If she is required to raise additional funds over 100-200 million she will be forced to atleast sell a portion of the team. I got very frustrated because I know I am correct in what I am saying regarding her lack of liquidity yet I am being berated as an idiot. I shouldn’t react. The last time you all did this to me, I was right. I’ll be right this time too. I understand numbers, data and finances. I have read alot about AAS in depth from legit media sources. She sold all her KSA holdings to raise money for the stadium. She doesn’t have liquid assets remaining, if she is forced to raise more funds it will be a sale of the team. Whether she sells a 5% stake or a 25% stake is to be determined You have no clue what you are talking about. Do you know how easy it is for an NFL owner to raise capital? You clearly do not. Link to post Share on other sites More sharing options...
Stevenths78 Posted October 16, 2024 Report Share Posted October 16, 2024 (edited) “Tennessee voters don’t want to pay for construction of a stadium in Nashville, according to a new Beacon Center poll of 1,200 state residents. The poll asked if people support using state tax dollars to fund the construction of a stadium and 58% were opposed with only 27% supportive. The opposition was similar for those in the state’s largest counties (Shelby, Davidson, Hamilton and Knoxville) with 61% opposed. The opposition was also nearly the same amongst different education levels and those who identify as Republican, Democrat or independent.” This isn’t political.. good try making it political https://www.thecentersquare.com/tennessee/article_ca679834-3fc1-11ef-a6ef-4769746c2b6d.amp.html Edited October 16, 2024 by Stevenths78 Number9 1 Link to post Share on other sites More sharing options...
Stevenths78 Posted October 16, 2024 Report Share Posted October 16, 2024 Just now, oldschool said: You have no clue what you are talking about. Do you know how easy it is for an NFL owner to raise capital? You clearly do not. Old School what assets does Amy have besides the team at this point? She sold her entire holdings in her Dad’s company. 90% of her net worth is tied into the team. I graduated in honors in finance and do financial projections for a pharmaceutical company. What about you? https://tennesseelookout.com/2023/07/26/what-happens-when-a-cash-poor-billionaire-wants-a-new-sports-stadium-lobbying/ Number9, and oldschool 1 1 Link to post Share on other sites More sharing options...
oldschool Posted October 16, 2024 Report Share Posted October 16, 2024 2 minutes ago, Stevenths78 said: Old School what assets does Amy have besides the team at this point? She sold her entire holdings in her Dad’s company. 90% of her net worth is tied into the team. I graduated in honors in finance and do financial projections for a pharmaceutical company. What about you? https://tennesseelookout.com/2023/07/26/what-happens-when-a-cash-poor-billionaire-wants-a-new-sports-stadium-lobbying/ You should get your money back for that degree if you are even telling the truth. Link to post Share on other sites More sharing options...
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