Moostache
Rookie
- Joined
- Jun 26, 2014
- Messages
- 290
The $1.5 Billion price was derived from the $1.4 B sale of the Bills. Valuation versus sale price is the difference, and truth be told, I'd expect Kroenke to demand $2B...but that was not the original point. The idea is not to force out the current minority owners of the Raiders, only give them the option to retain partial ownership (but no controlling interest) in St. Louis. The money would not actually be spent unless the minority owners wanted out. I view it as a way to purchase the team essentially for $750M that would buy out Davis and then options to buy out the other owners. At any rate, it was all total speculation, but I remain unshakably convinced that the guy at the table with the least cash is the one who is gonna lose in the end, and no matter how its cut, that person is Mark Davis.Why would local owners want to buy the Rams at more than 150% of their value? From a business standpoint that doesn't really make sense, sure it's nice that they'll have the team, but it's not a smart buy. I'm pretty sure there's a limit to the amount of owners a team can have (Packers predate this rule) and I know that a lead owner must own at least 10% of a team, with his family owning the other 20% (so 30% total), which actually disqualifies Peacock since his net worth is reportedly less than what would be needed...
Plus why would Kroenke want to reward the guys who are throwing a huge wrench into his plan, what happens if Davis doesn't want to sell, or the other owners don't want to sell either? There's a lot of issues here that make it far more complicated and time consuming than I see Kroenke willing to put up with.
That is a big assumption - that Kroenke WANTS to move the Rams. I will concede that he wants to develop the LA land. That is what he does. But until he specifically attaches the St. Louis Rams to the Inglewood project in the form of branding or approved relocation application, I will simply remain convinced that his goal is an NFL stadium in L.A. and him owning that stadium. As far as who plays in it? Clearly there are differing opinions and options remaining to be seen on that...