These two douchenozzles spend all freaking day whining & bitching about Lebron buying a $50 Million mansion in Florida. As it turns out the story isn't true. This show has got to end soon. Not soon enough.

_________________
CSFMB 2014 Nascar Pick 'em Champion

We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much. — Ronald Reagan

Surprisingly the little genius from Duke doesn't understand what "net worth" means. He apparently thinks that when someone buys a $50 million mansion his net worth decreases by $50 million. I'd say this should be a pretty good market in which to buy real estate, particularly at the top end.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

That was bad. Bernsie kept on going and going and going and he made himself look like a clown and a little whiny bitch. It was good to hear Goff going after him and Terry joining in as well.

It was the segment that just wouldn't end.

Have you noticed that Matty bascially doesn't talk on air anymore (during B&B)? He used to a few years ago and now Goff does all the talking. I used to enjoy Matty's comments.

_________________

and in florida

_________________
O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

He didnt say that did he?

Aside from the fact that prices are in the basement right now, saying or suggesting that his net worth would be less with the house is laughable.

I mean thats an all timer.

It's hard to believe he could think that, but in his zeal to bash LeBron he's coming unhinged. He kept repeating that LeBron wants to be a billionaire and suggesting that buying a mansion would somehow throw a wrench in those plans.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

Next thing you know he'll be buying up a bunch of worthless gold.

And yet you persevered in listening to it. You're an inspiration to us all, almighty Douchenozzle.

I think the key to the real estate discussion is that his money is stuck in those homes. He will never be able to sell the $30M home in Akron for anywhere near what he paid for it...Who the hell wants to pay $30M to live in Akron? As far as the Miami house goes, I think the point there was that the market for this type of home is tiny. I think Bernsie said that only Arabian Shieks (sp?) and rap stars will be able to afford those types of homes. And that's true. The homes that sit on the market the longest are the ones over $1M as the number of people that can actually afford them (they call it the upper 1% for a reason, because it is only 1%) are very small. I also thought it was a great point regarding the Warren Buffet comments. On how LBJ idolizes him, but is moving in exactly the opposite direction of Mr. Buffet. Sure, Bernsie is bitching again, but I think he is merely pointing out the hypocrisy that Mr. LBJ is demonstrating with just about every life decision he has been making since he has kicked the "adults" out of his entourage and let his peers assist with the decision making.

_________________
Boom Goes my Steak Dinner!

"Adult" = Someone who told LeBron to do what bernstein wanted him to do.

I find the whole "adult" conversation quite condescending and more than a little bit racist. bernstein is clearly uncomfortable with a group of rich young black men doing what they want to do. He didn't have a problem with Pat Riley buying the same house. Was Pat being advised by "children"? Bill Gates, Donald Trump let me in now!

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

[quote="Joe Orr Road Rod"][quote="PorcelainCobra"]

No, but I am sure Pat was much older than LBJ is now, and had more life experiences prior to making the decision to buy that house in the first place. Bernsie's comments may be fueled with race in mind, but as I was listening, I was thinking he was discussing the age and life experience of the individuals advising LBJ. I will have to relisten...

_________________
Boom Goes my Steak Dinner!

_________________
Team Cutler.

And Pat has far less money than LeBron.

I don't think bernstein's comments are made "with race in mind". That's the thing about racism. Most of it isn't of the hood-wearing, cross-burning variety. It's a hell of a lot more subtle than that. There's the conversation that Eric Holder said Americans were too cowardly to have.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

sounds like a bad investment to me.

_________________
Reality is your friend, not your enemy. -- Seacrest

Racism discussion aside, I think that regardless whatever color his skin is, his real estate "investments" and his personal payroll may slightly derail his self proclaimed goal to be a $1B athlete. We will just have to wait and see...

_________________
Boom Goes my Steak Dinner!

Because there are more than enough examples of rich young atheletes lives ending in failure when they do what they want to do. It doesn't have to be a young black man, but in his field of discussion, sports and specifically basketball, most of the examples are black. Take it into the rock realm and you can have an entire network of bad examples of young people who do what they want to do having problems.

Sure there is Walker and Curry but there is also Lohan.

Even closer to dan's home, there is a castle hanging over the Kennedy at Irving Park built by some DJ that never got moved into due to financial ruin.

_________________
O judgment! Thou art fled to brutish beasts,
And men have lost their reason.

I think, regardless or race, if you give someone who essentially has a high school education millions of dollars when they're between the ages of 17-20, they will inevitably screw it up and probably develop some mental/ego/personality defects that will prevent them from maturing into well-rounded and intelligent adults. This occurs in the NBA (bankruptcy), MLB (gambling), the NFL (hanging out in women's bathrooms and putting Mr. Pee Pee where it is not desired), and as Good Dolphin pointed out, the entertainment business.

I think the entourage phenomenon that we see in the NBA comes from the inner city mentality of bringing your friends out of the inner city once you have the opportunity to do so. Hence the hiring of his high school buddy Maverick Carter to assist with decision making, who in all actuality has no more life experiences than LBJ himself. MJ on the other hand, was from a middle class country town in North Carolina and was given the same up-bringing as a middle class kid. He did not find the need to constantly surround himself with a support group. So I would think it is the upbringing that the child athlete receives that facilitates these decision processes, rather than race alone.

_________________
Boom Goes my Steak Dinner!

But LeBron hasn't done anything that anyone could consider reckless or self-destructive behavior. The very fact that he is being compared to Antoine Walker or Lindsay Lohan is disturbing. And why? Because he chose to become a free agent when he had earned free agency? And I don't know Maverick Carter from Adam, but he seems to be an enterprising young guy. Why is it when Pat Riley- a guy who has far less financial wherewithal than LeBron- buys a house, he's either a shrewd investor or just a guy who has earned it and when LeBron buys the same exact house, he's an immature child acting recklessly?

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

I think what would be good before we continue down this road is to learn when Pat Riley purchased this house and for how much, and then how much he sold it for. It would also be good to know his salary at that time and the see if it correlates to what LBJ paid for it, based off his salary and the price of inflation. That would either validate or de-validate this discussion.

IF LBJ paid an equivalent price for that home (considering salary and inflation) that Riley paid for it, then you have a great point Joe Orr Road Rod. We would also need to know the size of Riley's entourage and whether or not he had a piece of property in a dying economical area (similar to Arkon), where he paid $30M where it is worth ~$5. If all these factors come out to be similar between the 2 gentlemen, then we all should lay off. So let's look into it....

_________________
Boom Goes my Steak Dinner!

One thing we know is that Pat Riley's earning power never came close to LeBron's.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

Riley also never has the payroll that LBJ has or the "dead property" in Akron that LBJ has.

_________________
Boom Goes my Steak Dinner!

You keep talking about his payroll. I'm not sure what it is, but he makes many millions per year more than Riley ever could. Is his "payroll" $10,000,000? So what? He's spending his money on what he wants. It's his money. My feeling is there's a paternalistic attitude toward him because he's black. Let's talk about Jim Carrey's jet. I think Travolta owns a fuckin' 747. Are these guys loose cannons with childlike advisors too?

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

I've noticed it, and it's not like it appears the producers put much work into screening calls or getting guests. But that's my theory that the B&B show is simply lazy in weeding out meatballs, not explicitly hoping they get on the air. I know others disagree.

After that blowup Matty had with Dan and Terry a few weeks ago, maybe he's letting them all through and saying if you wanna fight, have at it.

_________________

Man, for as much complaining as JORR does about the smug, know-it-all Bernstein he sure does state his opinions as undeniable facts...much like Dan. Strange that such a smart and always-has-the-answer guy has so much time to come on to this board and post like his powerup in a video game is about to run out. I know there are a few here that "hate" me, but man I haven't seen a member come on this strong since...well....I don't know (unless JORR is another username for one the couple dozen guys that account for most of the posts here).

Anyway, while Dan was certainly missing the point of that $50mil house "hurting" his net worth -- there is zero doubt that the expenses involved with an item like that CERTAINLY will hurt one's net worth. Taxes, upkeep, house staff, etc......while there isn't a DIRECT correlation between cost of house and upkeep price tag, obviously that's a huge house that would require quite a bit money to keep "alive"....and, as has been stated, he can "count" that house as a $50mil asset if he wants--but the reality of finding a buyer for it when he'd be ready to make it liquid, well that would end up "costing" him even more money.

(ALSO, I do enjoy that the spent so much time bellyaching about this only to unveil, late in the show, that the report was false -- the guy that owns the house had taken it off the market months ago, and Pat Riley didn't actually ever live in it anyway! Good stuff. For some reason it reminds me of Terry running with that bogus Tiger Woods email "inside source" story.)

Would it be better if he bought a modest 10 M $ house and had 40 M more cash laying around?

Usually Real Estate increases net worth.

My opinions are just that, my opinions. But one thing is certain- all opinions are not equal. You can decide how educated mine are from my posts. If you notice, I don't post on a lot of different topics. I have some strong views on things I know a lot about, like baseball or horse racing. I'm not coming on any stronger than most others who post here on a regular basis. For God's sake, I saw a guy get attacked for shouting out a Tour stage winner this morning. I can talk to anyone. I'm not big on cliques.

I don't know much about the Florida real estate market. But I'll take a wild guess that LeBron isn't overpaying substantially for a house. Considering the depressed state of the market across the country, he probably can't go too far wrong with such an investment.

_________________
Anybody here seen my old friend Bobby?
Can you tell me where he's gone?
I thought I saw him walkin' up to The Hill
With Elon, Tulsi, and Don

Usually it does, but the high end market is a whole 'nutha beast. Add to that the millions of people underwater, and real estate isn't exactly the lock that Mike North, or the Bookie Priest, thought it was.

I agreed with Dan on just "not getting" why you'd need/want a house THAT big. It seems bizarre to me as well. It's astounding the amount of square feet, and features, you can get north of $1mil ... I just don't get why you'd feel the need to own (the worst thing in real estate) the most expensive house on the block.

He's wouldn't obviously take a bath on that sort of house, but my point is that the potential buyer list for a house like that is (obviously) a whole hell of a lot shorter than one, say, for $10mil. So if he decides to move out/move on.....he could leave that big ass house sitting empty, all while it continues to cost him all sorts of money.

I always think of Tyson's old house in Ohio - that big ass house has sat vacant for some time now, and it's fascinating looking at the pictures that "explorers" have taken of it in it's current, unkept, state. So while I don't think LeBron is going to dump his Akron home, you do have to wonder "who" would want to buy it...and how much of a bath he might have to take on it just to get rid of it (I assume a lot of the "cool" factor of owning LeBron's house has gone away in that part of the country....plus it's in AKRON).

Whats the story with this blowup?

_________________
CSFMB 2014 Nascar Pick 'em Champion

We don’t have a trillion-dollar debt because we haven’t taxed enough; we have a trillion-dollar debt because we spend too much. — Ronald Reagan