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DB's inside info! https://mail.chicagofanatics.com/viewtopic.php?f=24&t=84637 |
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Author: | bigfan [ Thu Jan 23, 2014 2:47 pm ] |
Post subject: | DB's inside info! |
WOW! Nothing ! 100% Nothing! You spent 20 minutes telling us 100% of the obvious that if anyone sat down and added some thesaurus words. If YOUR GUY is who I assume your guy is, he knows less than I do! This was one of the single worst, rehashed , uneducated long ass commentaries he has ever gone to town on. If you really want to be the fucking expert on this shit, make a call into the cubs and go there. They would take his call. he could see what is going on and EXACTLY WHAT THE PLAN IS. |
Author: | pittmike [ Thu Jan 23, 2014 2:49 pm ] |
Post subject: | Re: DB's inside info! |
I think we all came up with that shit the last couple days in these threads. |
Author: | bigfan [ Thu Jan 23, 2014 3:04 pm ] |
Post subject: | Re: DB's inside info! |
Danny just played Captain Obvious! |
Author: | pittmike [ Thu Jan 23, 2014 3:20 pm ] |
Post subject: | Re: DB's inside info! |
BF how much does one of those rooftop buildings go for you think? |
Author: | SomeGuy [ Thu Jan 23, 2014 3:23 pm ] |
Post subject: | Re: DB's inside info! |
Free market |
Author: | bigfan [ Thu Jan 23, 2014 3:32 pm ] |
Post subject: | Re: DB's inside info! |
pittmike wrote: BF how much does one of those rooftop buildings go for you think? considering some of those people are into them for $3M, I would assume they dont take less than $3.5 and thats just really wanting to get out. I know when things were going well for the Roofies, the Building shown below went for $7 mill. He built the building with the purpose of watching the games, he is the one with the LF foul pole. So, at this point, they are $5M is a Fair Market Approx, but I see each one of those guys not selling the building for Real estate value, they will say "The Business" can $1-$2M gross per season, maybe $500K profit...and thats what the valuation will be based on. http://i.imgur.com/5eIIyOJ.jpg |
Author: | good dolphin [ Thu Jan 23, 2014 3:37 pm ] |
Post subject: | Re: DB's inside info! |
why buy the buildings/land buy the roof rights |
Author: | IkeSouth [ Thu Jan 23, 2014 3:38 pm ] |
Post subject: | Re: DB's inside info! |
its not going to go for full value though since the certainty of the business is in question and always will be. i do agree with dan and terry that, if the cubs just up and left and built a utopia in the suburbs it would be a huge success for decades to come... the inner city of chicago is a clusterfuck of shit and it wont be getting better. |
Author: | Hatchetman [ Thu Jan 23, 2014 3:41 pm ] |
Post subject: | Re: DB's inside info! |
they could make restaurants and bars and hotels. they could make it like main street USA in Disneyland. |
Author: | good dolphin [ Thu Jan 23, 2014 3:45 pm ] |
Post subject: | Re: DB's inside info! |
IkeSouth wrote: its not going to go for full value though since the certainty of the business is in question and always will be. i do agree with dan and terry that, if the cubs just up and left and built a utopia in the suburbs it would be a huge success for decades to come... the inner city of chicago is a clusterfuck of shit and it wont be getting better. You are daft. Demolish Wrigley Field, sell the land on the open market and I promise you it would be replaced by a great development that included residential, commercial and public recreational components. It would be a destination. I wouldn't be surprised if it would be a net financial gain to the city. |
Author: | NearWessSideHussra [ Thu Jan 23, 2014 3:47 pm ] |
Post subject: | Re: DB's inside info! |
Isn't writing each of these rooftops a check for the discounted PV of the current contract (less a bit due to getting it without having to do any actual work) for the rooftop revenue a feasible solution for the Cubs? Buy em out. Or make em annual payments for tax purposes. How much is litigating and delaying costing the Cubs in terms of expenses and lost additional revenue from signage and whatnot. |
Author: | Dr. Kenneth Noisewater [ Thu Jan 23, 2014 3:50 pm ] |
Post subject: | Re: DB's inside info! |
NearWessSideHussra wrote: Isn't writing each of these rooftops a check for the discounted PV of the current contract (less a bit due to getting it without having to do any actual work) for the rooftop revenue a feasible solution for the Cubs? Buy em out. That would be a difficult negotiation I think since the Cubs, as the buyer, really bring the value to the cash flows. Over the long-term, the Cubs have the ability to stop those cash flows to some degree. I imagine the rooftop guys would want to try to collect on the value of those streams that truly only have value in the long-run to the Cubs. I doubt they would ever agree with the other's point of view. |
Author: | NearWessSideHussra [ Thu Jan 23, 2014 3:54 pm ] |
Post subject: | Re: DB's inside info! |
IIRC, it's a 10 year contract with 2 years already under the belt? So it's limited to 8 years regardless? Or is it matter of the rooftops being able to potentially double or triple their revenue in the years when the Cubs are going to make the World Series. I can see how the latter could be a sticking point. Maybe just tell the rooftop guys to "get real" "we're the Cubs" and there's no World Series in the near future. |
Author: | bigfan [ Thu Jan 23, 2014 3:55 pm ] |
Post subject: | Re: DB's inside info! |
IkeSouth wrote: its not going to go for full value though since the certainty of the business is in question and always will be. i do agree with dan and terry that, if the cubs just up and left and built a utopia in the suburbs it would be a huge success for decades to come... the inner city of chicago is a clusterfuck of shit and it wont be getting better. Actually, dan and terry said the opposite |
Author: | Dr. Kenneth Noisewater [ Thu Jan 23, 2014 4:06 pm ] |
Post subject: | Re: DB's inside info! |
NearWessSideHussra wrote: IIRC, it's a 10 year contract with 2 years already under the belt? So it's limited to 8 years regardless? Or is it matter of the rooftops being able to potentially double or triple their revenue in the years when the Cubs are going to make the World Series. I can see how the latter could be a sticking point. Maybe just tell the rooftop guys to "get real" "we're the Cubs" and there's no World Series in the near future. That would be a buyout of the existing contract which I think is ultimately what will happen. I thought you were discussing selling the rooftops as an ongoing business entity with constant-growth cash flows into the future. |
Author: | good dolphin [ Thu Jan 23, 2014 4:53 pm ] |
Post subject: | Re: DB's inside info! |
Dr. Kenneth Noisewater wrote: NearWessSideHussra wrote: IIRC, it's a 10 year contract with 2 years already under the belt? So it's limited to 8 years regardless? Or is it matter of the rooftops being able to potentially double or triple their revenue in the years when the Cubs are going to make the World Series. I can see how the latter could be a sticking point. Maybe just tell the rooftop guys to "get real" "we're the Cubs" and there's no World Series in the near future. That would be a buyout of the existing contract which I think is ultimately what will happen. I thought you were discussing selling the rooftops as an ongoing business entity with constant-growth cash flows into the future. buying out the contract only removes part of the problem and still leaves exposure to litigation open (although the city would be the defendant but defending the cubs entitlements) |
Author: | denisdman [ Thu Jan 23, 2014 4:57 pm ] |
Post subject: | Re: DB's inside info! |
good dolphin wrote: IkeSouth wrote: its not going to go for full value though since the certainty of the business is in question and always will be. i do agree with dan and terry that, if the cubs just up and left and built a utopia in the suburbs it would be a huge success for decades to come... the inner city of chicago is a clusterfuck of shit and it wont be getting better. You are daft. Demolish Wrigley Field, sell the land on the open market and I promise you it would be replaced by a great development that included residential, commercial and public recreational components. It would be a destination. I wouldn't be surprised if it would be a net financial gain to the city. I think Wrigley has landmark status. You won't be able to demolish it. |
Author: | pittmike [ Thu Jan 23, 2014 8:27 pm ] |
Post subject: | Re: DB's inside info! |
Couple things... If the Cubs leave there is no need to have the landmark status and city will remove it and all move forward. Second the only way a rooftop contract buyout works is if you convince them they will make zero revenue when the contract is over. The signs and renovations will shut them out cold in 8 years. So take 11 years of money now and then move on. |
Author: | SomeGuy [ Thu Jan 23, 2014 8:44 pm ] |
Post subject: | Re: DB's inside info! |
I listened a bit today... It's funny, these two fake-ass clowns don't know a damn thing. Terry pretends to know and fails miserably and BernSTINE pretends to know and fails miserably. As mentioned before, BernSTINE was trying to sound so "in the know" and so smart when puking up that crap about what the Cubs should do. First, they were painfully obvious points and he was talking about them as if he had some super secret info only he knew and then he just sounded like a PR machine reading off a cue card. Then there was Terry....oh, Terry, you have gotten so much fucking worse over the last few years (5) and now you're scraping bottom. Listening to him try and talk about the Cubs, the rebuild and the money and all that was hilariously bad. He was so out of his depth, had no idea what was going on. And the simple stuff was hard for him too! BernSTINE asking Uncle Terry about Atlanta because he was there and experienced it....oh boy, he couldn't even spit out a complete sentence on that! BernSTINE: "Terry, you've been there a ton, is it anything?" Terry: "............uh,I uh, yeah, I mean, no...not much there, Uh, kinda empty and, yeah, you had to know what was going on...." And then of course you had ABBATY calling all the listeners idiots and morons but then having the balls to proclaim that the loudest voice isn't always the smartest voice...........UH MATTY, WHO THE FUCK DO YOU PRODUCE FOR? CLICK and PTFB. |
Author: | bigfan [ Thu Jan 23, 2014 10:12 pm ] |
Post subject: | Re: DB's inside info! |
Here is a story, Danny's SOURCE didnt even mention to him? And its reported on Dannys CBS site. The Bullshit he keeps tossing out is thicker and thicker. I am starting to think his Cub guy is the day manager at the McD's! http://chicago.cbslocal.com/2014/01/22/cubs-deal-with-rooftop-owners-fell-apart-at-stormy-meeting-on-renovations/?utm_medium=VPH&utm_source=topvph_news&utm_campaign=523855 |
Author: | Peoria Matt [ Thu Jan 23, 2014 10:33 pm ] |
Post subject: | Re: DB's inside info! |
SomeGuy wrote: And then of course you had ABBATY calling all the listeners idiots and morons but then having the balls to proclaim that the loudest voice isn't always the smartest voice...........UH MATTY, WHO THE FUCK DO YOU PRODUCE FOR? CLICK and PTFB. I thought the exact same thing. Bernsy is the embodiment of "the loudest voice isn't always the smartest". |
Author: | bigfan [ Thu Jan 23, 2014 10:42 pm ] |
Post subject: | Re: DB's inside info! |
It has been really bad the last few days. It sounds like Danny doesnt really have anyone to call at Wrigley. He calls the Communications guys at Cubs, Sox, Bears, etc who really dont have any more info than any fan. |
Author: | donspiracy [ Fri Jan 24, 2014 12:44 am ] |
Post subject: | Re: DB's inside info! |
bigfan wrote: It has been really bad the last few days. It sounds like Danny doesnt really have anyone to call at Wrigley. He calls the Communications guys at Cubs, Sox, Bears, etc who really dont have any more info than any fan. I do enjoy how talking about the stadium passes as half the show. It makes me yearn for Speigel's list of Oreo flavors. |
Author: | donspiracy [ Fri Jan 24, 2014 12:46 am ] |
Post subject: | Re: DB's inside info! |
Too bad they need to send three guys to the Senior Bowl but can't send anybody to Wrigley to ask questions, attend a meeting, or go sit in on the court proceedings... |
Author: | Curious Hair [ Fri Jan 24, 2014 1:12 am ] |
Post subject: | Re: DB's inside info! |
donspiracy wrote: Too bad they need to send three guys to the Senior Bowl but can't send anybody to Wrigley to ask questions, attend a meeting, or go sit in on the court proceedings... WE COVER CHICAGO SPORTS WITH INCREDIBLE ATTENTION TO DETAIL! Yeah, really. Why is bigfan doing better investigative journalism than Adam Hog? |
Author: | bigfan [ Fri Jan 24, 2014 5:56 am ] |
Post subject: | Re: DB's inside info! |
The Rooftop owners have special zoning that is truely just for them. They have liquor licenses. Rahm could solve this issue really quickly and return these DB's to the status of Just a building I wanted to buy in college for $385K, but my parents thought it was a terrible idea. |
Author: | 312player [ Fri Jan 24, 2014 8:36 am ] |
Post subject: | Re: DB's inside info! |
Damn..385k ...would have been great investment . I heard dans bullshit, very transparent ...pathetic really. |
Author: | Rod [ Fri Jan 24, 2014 10:21 am ] |
Post subject: | Re: DB's inside info! |
First off, its the Cubs who are poaching. Theyre getting 17% for doing nothing. Extortion. Just like patent trolls. But the rooftop owners are dumb. You cant realky watch the games up there anyway. That isnt why people go. They should work out their best deal with the Cubs and then keep selling tickets. Ricketts is dead set on destroying the only reasons many of his customers come. I wish he would move to Arlington Heights. He'd have a half empty stadium in five years. |
Author: | Brick [ Fri Jan 24, 2014 11:02 am ] |
Post subject: | Re: DB's inside info! |
Joe Orr Road Rod wrote: But the rooftop owners are dumb. You cant realky watch the games up there anyway. That isnt why people go. They should work out their best deal with the Cubs and then keep selling tickets. It will be funny when the Cubs block out the rooftop view and the rooftop owners respond by turning it into a better experience than being in the stadium at a cheaper price. Watch the game on television. Eat and drink all you want. Enjoy being outside and then go drink at the bars with your friends afterwards.
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Author: | bigfan [ Fri Jan 24, 2014 11:06 am ] |
Post subject: | Re: DB's inside info! |
Camp counselor "Don't ask, just do, we will figure it out later" Time for the Cubs to hire Pat McGrath |
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