martin wrote:Senior living team

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https://www.twitter.com/shamscharrniaa/status/2082814018842931543

From the same Parody account:

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https://www.twitter.com/shamscharrniaa/status/2083518798934520066/photo/1

Philc1 wrote:

Clean wrote:Westbrook joining a Lebron team should have been the red flag. They do not like each other from those Laker days.

Thats what happens when you mix two douchenozzles

Is that like "crossing the streams"?

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https://www.twitter.com/levakabas/status/2085360255580463550

They should probably try doing the opposite of whatever they’re doing.

Panos wrote:SaS and Miami the consistently best run teams in the NBA.

martin wrote:

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https://www.twitter.com/levakabas/status/2085360255580463550

Scroll down and you can see year to year who paid what and when they won chips.
Layden was hired in 1999 and was given some interesting contracts and starphuch instructions back then. Isiah then blew thru it with no conscience! Bad decade no matter whose fault it was.

Intersting GSW did not sniff it until the Curry era took hold.
Miami? Even in the brief "Heatles" era they kept it reasonable.

Panos wrote:

Nalod wrote:https://www.spotrac.com/nba/cba/tax

Scroll down and you can see year to year who paid what and when they won chips.
Layden was hired in 1999 and was given some interesting contracts and starphuch instructions back then. Isiah then blew thru it with no conscience! Bad decade no matter whose fault it was.

Intersting GSW did not sniff it until the Curry era took hold.
Miami? Even in the brief "Heatles" era they kept it reasonable.

Don't forget the Shaq Heat

By then I was over my Riley hate. Lets not forget Gary Payton finished his career with Miami and won a chip with that team.
Shaq took a pay cut for that team and story was Payton emplored Shaq to let Wade take over in the finals and they rallied to beat Dallas after being down.

This was the year SVG got canned mid year. Also on that team was Antoine Walker, Jason "White Chocolate" Williams.

ANd yes, Michael Doleac and Shandon Anderson!

martin wrote:

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https://www.twitter.com/ramonashelburne/status/2087539809950797855

2 plus Billon Profit in a year? 20%. not bad.
Mark Walter got health and some business legal issues.
Its not like these guys put 10Bil down and buy teams, its usually a syndicate of owners coming together and they borrow money using unappreicated (Not taxed) capital. Not passing judgement if its legal or immoral. It just is.
Say they pay 7% for interest. Its still a nice payday for all.
But.....
It speaks to a bit of instability?

As for the price? Wow! Does not include the building or the Sparks.
Thats a big number! Its a quick profit. Its a trophy property.

Context: S&P500 up 20% in 12 months.

Social media doing stupid things. Remember:
Crypto Arena is not a public owned project.
Can't speak to Walter's and group interest expense.
Can't say if Walter and his group have losses to offset the gain.
Yes, Billionaires don't pay taxes like regular folk do. But they built it, took the risks, or inherited it. Somebody did.
Nobody is putting a gun to anyones head to buy tickets, buy jersey's, buy sponsors products, buy league passes. Public does not own the NBA or its teams. Stadiums/arenas create jobs and tax revenue. People like sports. Concerts. Monster trucks, Disney on Ice.

martin wrote:

Tweet was deleted or there was problem with the URL:

https://www.twitter.com/ramonashelburne/status/2087539809950797855

This is wierd I heard billionaires are fleeing Cali