The Ripper
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- Apr 25, 2015
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- Rip
Or negotiating? For
The only thing you can say about the Riverfront right now is the court issues - that's it. And numerous times I have said that is up in the air
If that's the case why isn't the financing done. There's no injunction or anything preventing it. What are the revenue streams to the team? Yes, that's one of the key components of viability since if the revenue streams aren't certain financing doesn't matter
With contingencies - for example, having quoting the $225 million they believe they can sell some of the land at without a buyer, which is a guess at its best. Who picks up the tab if they don't get a buyer at their price or at all? That is not the definition of having financing secure.
(And that's not even getting into other issues such as rent)
Sorry, the land will sell. Do you know anyone in real estate in San Diego?
The Chargers are the only team that doesn't pay rent so now they will need to pay, so what, every other team does and they have identified other revenue streams that can pay for the maintenance.
Kroenke knew the CVC would never take such a high deal...It wasn't realistic. He made a huge offer to trigger the clause in the lease and got it. The CVC's offer wasn't realistic either - I'm not a fan of how that situation played out but I don't think either were truly interested in upgrading the dome.
So what. The lease was painstakingly negotiated by both sides and the only requirement was that it complied with the top tier standard. The CVC never had any intention of complying with the lease.
I have a hard time believing the NFL has been working with the city for so long and encouraging Peacock and Blitz just to say "Nope they're leaving", especially again, with them having the only viable stadium come december (assuming Peacock and Blitz get everything wrapped).
Grubman already said that could happen. St Louis could have everything completed but the long term revenues may not be enough to keep the team
NFL will always encourage a city to build a stadium. San Antonio is a great example.
How would it be viable if the owner isn't excited about it which is another one of the things
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