His arena is falling apart. He laid off people making peanuts during a pandemic to save himself pennies. He’s decimates the front office and scouting department. He has the lowest payroll in the league.
f*** man, the burden of proof is on his cheap ass.
You want people to believe they’ll spend money? f***ing spend money. Sitting around here calling people out for observing actual things that have happened with beliefs you can’t show a damn thing for. Come on. He’s cheap as f***.
Not going to re-litigate in this thread, not it's purpose, but since no one noted it a few pages ago, another counterpoint is in the middle of a pandemic and all his alleged miserly mistreatment of humans, he signed Taylor Hall to an $8M contract (which was obviously pro-rated due to the shortened season, but my point stands). Lastly, PSE / Sabres do not own the arena, but I'll take only a half-valued counterpoint for that reminder.
What could we get for our 1st? I have no ideas on value right now
Add to it to acquire Juuse Saros...
For the Pegula loses money on this team truthers…
the value of the team has more than tripled since he bought it. And will rise again when Ottawa sells.
Hes been raking in literal hundreds of millions in value at the cost of a small liquid loss.
Don’t let billionaires trick you into believing they lose money. They don’t.
Valuation (net worth & balance sheet) is completely different from cash flow (P&L & income statement), in both business, sports, and personal life.
I could cite real, current examples of each, but won't because it's not that thread.
I'll just add one extreme example that companies like Intel sitting on literally billions of dollars of cash are immune to changes in both valuation
and the cost of money (both ROIC for growth, and short-term borrowing to cover payroll in the event accounts receivable are protracted due to liquidity, supply chain, FX rates, etc).
99% of the businesses large and small in the US, Canada, etc., aren't in the position of Intel, no matter how large or small they are.
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I wonder who they can add with $3B in available cap space for tonight & tomorrow?
My fax machine is on. I'm available to be in Columbus. I'll car-pool from the airport with
@Der Jaeger
The team finally has the cap space to meet my contract demands…..