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03-16-2017, 06:38 AM
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#1
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Valued Poster
Join Date: Mar 31, 2010
Location: Houston
Posts: 15,054
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Mark Cuban Could Help Former President Obama Fullfill A Dream....
For $300,000,000
http://www.yardbarker.com/nba/articl...12680_23479900
This has got to be a joke by Cuban. I doubt any NBA Franchise is worth That kind of money.
But a more realistic price, around 35 million for 10% of the Mavs, would be a great investment for the former President.
He could use the royalties from his future book deals as collateral. That would be a good deal for any bank, because they know the DNC will buy up the books and just stick them in the same warehouse with all of Hillary's books they bought.
It's a win-win.
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03-16-2017, 07:01 AM
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#2
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 42,682
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Maybe Hillary still has some "Foundation" cash laying around to lend to Obama.
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03-16-2017, 07:38 AM
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#3
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Valued Poster
Join Date: Mar 31, 2010
Location: Houston
Posts: 15,054
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Quote:
Originally Posted by bambino
Maybe Hillary still has some "Foundation" cash laying around to lend to Obama.
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President Trump could take it out of petty cash.
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03-16-2017, 07:51 AM
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#4
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Valued Poster
Join Date: Jan 18, 2010
Location: texas (close enough for now)
Posts: 9,249
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that would value the mavericks at around 5 billion
a ten percent interest discounted at maybe 60% for lack of marketability and minority interest lack of control = 300,000,000
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03-16-2017, 08:06 AM
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#5
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Ultra Premium Access
Join Date: Sep 6, 2014
Location: Uptown Dallas
Posts: 832
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Quote:
Originally Posted by nevergaveitathought
that would value the mavericks at around 5 billion
a ten percent interest discounted at maybe 60% for lack of marketability and minority interest lack of control = 300,000,000
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In most privately held concerns, a minority interest would be steeply discounted due to those concerns. But when a high-profile sports franchise is involved? Not so much, as reason has a way of flying out the door when ego and bragging rights come into play.
By the way, the Mavericks, according to many published reports, would rate a valuation of around $1.5 billions, tops. Even that might be stretching it. 300 sticks for a 10% interest? Crazy.
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03-16-2017, 08:45 AM
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#6
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Account Disabled
Join Date: Dec 30, 2014
Location: DFW
Posts: 8,050
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Those things always lose money, or make very little relative to their price. Once they no longer go up in value, the insanity and ego should stop. I hope Cuban loses his entire fortune.
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03-16-2017, 08:49 AM
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#7
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Valued Poster
Join Date: Jan 3, 2010
Location: Clarksville
Posts: 61,006
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I wonder why Twitler isn't allowed to own a sports franchise anymore?
Or obtain a gaming license?
Or even own a beauty pageant where he can walk into the dressing room full of women of questionable age?
Maybe because everything he touches turns to shit!
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03-16-2017, 09:08 AM
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#8
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Valued Poster
Join Date: Jan 4, 2010
Location: Stillwater, OK
Posts: 3,631
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Quote:
Originally Posted by Yssup Rider
I wonder why Twitler isn't allowed to own a sports franchise anymore?
Or obtain a gaming license?
Or even own a beauty pageant where he can walk into the dressing room full of women of questionable age?
Maybe because everything he touches turns to shit!
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like the stock market?
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03-16-2017, 09:35 AM
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#9
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Account Disabled
Join Date: Dec 30, 2014
Location: DFW
Posts: 8,050
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Quote:
Originally Posted by Yssup Rider
I wonder why Twitler isn't allowed to own a sports franchise anymore?
Or obtain a gaming license?
Or even own a beauty pageant where he can walk into the dressing room full of women of [prohibited topic]?
Maybe because everything he touches turns to shit!
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Please provide evidence our President isn't allowed to own a sports franchise or own a beauty pageant...
Do you have proof he is banned from obtaining a gaming license everywhere? How would that be enforceable worldwide?
For someone who claims he was once a writer, you make very easily debunked statements.
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03-16-2017, 10:24 AM
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#10
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Valued Poster
Join Date: Jul 7, 2010
Location: Dive Bar
Posts: 42,682
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Quote:
Originally Posted by Yssup Rider
I wonder why Twitler isn't allowed to own a sports franchise anymore?
Or obtain a gaming license?
Or even own a beauty pageant where he can walk into the dressing room full of women of questionable age?
Maybe because everything he touches turns to shit!
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You were born a piece of shit. Stupid. Slovenly, Hitler worshipping, cocksucking PIG.
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03-16-2017, 11:00 AM
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#11
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by Jackie S
For $300,000,000
http://www.yardbarker.com/nba/articl...12680_23479900
This has got to be a joke by Cuban. I doubt any NBA Franchise is worth That kind of money.
But a more realistic price, around 35 million for 10% of the Mavs, would be a great investment for the former President.
He could use the royalties from his future book deals as collateral. That would be a good deal for any bank, because they know the DNC will buy up the books and just stick them in the same warehouse with all of Hillary's books they bought.
It's a win-win.
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You do realize that GWB was basically give an interest in the Texas Rangers for helping fund their privately held baseball team with public funds to build a new stadium. He turn out what if memory serves me correctly a 500k investment into 26m.
Not a bad return for him. Not so sure about taxpayers.
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03-16-2017, 11:05 AM
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#12
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Valued Poster
Join Date: Mar 31, 2010
Location: Houston
Posts: 15,054
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Cuban might be smarter than many think.
He might be thinking that since former President Obama has such a strong following, there would be numerous financial institutions willing to front the money so he could be part of the NBA.
They may look upon it as their duty as loyal lackeys.
In short, they would pay anything, so that $300,000,000 figure might not be so ludicrous.
It's money in his pocket, and that 10% ownership he would give up would be worthless as far as any major decisions. He would still open be in charge, with an extra 300 mill in the bank.
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03-16-2017, 02:04 PM
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#13
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Valued Poster
Join Date: Jan 4, 2010
Location: Stillwater, OK
Posts: 3,631
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Quote:
Originally Posted by WTF
You do realize that GWB was basically give an interest in the Texas Rangers for helping fund their privately held baseball team with public funds to build a new stadium. He turn out what if memory serves me correctly a 500k investment into 26m.
Not a bad return for him. Not so sure about taxpayers.
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yea the citizens of Arlington Tx are really sucking air, how much in sales tax revenue are they making? paid off the stadium in 5 years?
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03-17-2017, 08:03 AM
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#14
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,267
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Quote:
Originally Posted by cptjohnstone
yea the citizens of Arlington Tx are really sucking air, how much in sales tax revenue are they making? paid off the stadium in 5 years?
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https://www.publicintegrity.org/2000...-texas-rangers
Follow the money.
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