YoloinOhio Posted April 1, 2021 Share Posted April 1, 2021 1 Link to comment Share on other sites More sharing options...
glazeduck Posted April 1, 2021 Share Posted April 1, 2021 This would be VERY big for the NFL. Spanos is one of the worst owners in pro sports. 2 Link to comment Share on other sites More sharing options...
Mark Vader Posted April 1, 2021 Share Posted April 1, 2021 You're up Bon Jovi 1 1 12 1 Link to comment Share on other sites More sharing options...
YoloinOhio Posted April 1, 2021 Author Share Posted April 1, 2021 (edited) They buried the lede that Spanos the elders named their kids Dea and Dean Edited April 1, 2021 by YoloinOhio 3 Link to comment Share on other sites More sharing options...
17islongenough Posted April 1, 2021 Share Posted April 1, 2021 How does an NFL owner get in that much debt? 1 Link to comment Share on other sites More sharing options...
YoloinOhio Posted April 1, 2021 Author Share Posted April 1, 2021 3 minutes ago, 17islongenough said: How does an NFL owner get in that much debt? Especially when he doesn’t even pay rent to kroenke for that stadium 1 2 Link to comment Share on other sites More sharing options...
Don Otreply Posted April 1, 2021 Share Posted April 1, 2021 Hmmm..., let me think about this..., nope, I just can’t come up with one iota of care about these people’s financial missteps, nope not one iota... Link to comment Share on other sites More sharing options...
Royale with Cheese Posted April 1, 2021 Share Posted April 1, 2021 They need to move this team to Oakland. 6 1 Link to comment Share on other sites More sharing options...
aristocrat Posted April 1, 2021 Share Posted April 1, 2021 Does it specify what the debt is from? The move? It’s an la team that now has a qb they are about to start printing money especially with the new tv deal. They need to just buy her out 1 Link to comment Share on other sites More sharing options...
Doc Brown Posted April 1, 2021 Share Posted April 1, 2021 19 minutes ago, Mark Vader said: You're up Bon Jovi I really just want to give a franchise to Trump and reinstate his twitter account. That would be insanely fun. 4 1 6 Link to comment Share on other sites More sharing options...
RobbRiddick Posted April 1, 2021 Share Posted April 1, 2021 Women, it's always something with them 1 1 4 1 Link to comment Share on other sites More sharing options...
scuba guy Posted April 1, 2021 Share Posted April 1, 2021 This just shows how spoiled the super rich are. Well young lady get rid of the maid the butler the dog walker the hair stylish. The house in vail the resort in Italy. The yacht. What did I forget $30 pint of ice cream Oops that was the other spoiled brat 3 Link to comment Share on other sites More sharing options...
PrimeTime101 Posted April 1, 2021 Share Posted April 1, 2021 2 minutes ago, RobbRiddick said: Women, it's always something with them yea, uh.. I get your sarcasm in this but still hate the comment. 3 1 1 Link to comment Share on other sites More sharing options...
Mark Vader Posted April 1, 2021 Share Posted April 1, 2021 (edited) 18 minutes ago, Doc Brown said: I really just want to give a franchise to Trump and reinstate his twitter account. That would be insanely fun. Trump in Los Angeles. BRILLIANT! Edited April 1, 2021 by Mark Vader Link to comment Share on other sites More sharing options...
H2o Posted April 1, 2021 Share Posted April 1, 2021 40 minutes ago, Mark Vader said: You're up Bon Jovi Link to comment Share on other sites More sharing options...
YoloinOhio Posted April 1, 2021 Author Share Posted April 1, 2021 Sounds like Bezos is in the market for a team Link to comment Share on other sites More sharing options...
BillsShredder83 Posted April 1, 2021 Share Posted April 1, 2021 47 minutes ago, glazeduck said: This would be VERY big for the NFL. Spanos is one of the worst owners in pro sports. Can I ask why? I know he wouldnt build a new stadium in SD because he wanted too much tax payer money..... but is there other stuff? I never heard anything negative that i can remember Link to comment Share on other sites More sharing options...
H2o Posted April 1, 2021 Share Posted April 1, 2021 4 minutes ago, YoloinOhio said: Sounds like Bezos is in the market for a team I can't tell if he's winking at you or not Yolo. 1 Link to comment Share on other sites More sharing options...
WhoTom Posted April 1, 2021 Share Posted April 1, 2021 45 minutes ago, 17islongenough said: How does an NFL owner get in that much debt? Spoiled rich kids who inherit, rather than earn, their fortunes are often quite bad at money management. Go figure. 2 Link to comment Share on other sites More sharing options...
JoPoy88 Posted April 1, 2021 Share Posted April 1, 2021 32 minutes ago, aristocrat said: Does it specify what the debt is from? The move? It’s an la team that now has a qb they are about to start printing money especially with the new tv deal. They need to just buy her out Apparently the family trust (the trust owns 36% of the team) has long-standing charitable obligations that are bleeding it dry. Link to comment Share on other sites More sharing options...
glazeduck Posted April 1, 2021 Share Posted April 1, 2021 (edited) 7 hours ago, BillsShredder83 said: Can I ask why? I know he wouldnt build a new stadium in SD because he wanted too much tax payer money..... but is there other stuff? I never heard anything negative that i can remember It's sort of a vicious cycle. Owners are usually very collaborative in trying to continue to improving the product so they can continue to make more money. Spanos consistently refuses to collaborate OR spend money, opting instead to basically just bathe in the work that others have done and not do his part, so owners hate him. He took for granted a really great and passionate fanbase in San Diego and moved the team to LA because of the market, despite knowing that there was not and would not be a great amount of fan support there. In LA, you're competing with USC football, the Raiders, the Rams, the beach, the Lakers, the Dodgers, the Angels, Disneyland, UCLA football (to a lesser degree), etc. So now he's in a market with no fan support, no stadium and really no additional owners support. It's a mess. Edited April 2, 2021 by glazeduck 2 Link to comment Share on other sites More sharing options...
Mr. WEO Posted April 1, 2021 Share Posted April 1, 2021 How does a trust, one which owns a third of an NFL team (guaranteed income), no less, go 350M in the hole? These people are all idiots, like their dad. 9 minutes ago, glazeduck said: It's sort of a viscous cycle. Owners are usually very collaborative in trying to continue to improving the product so they can continue to make more money. Spanos consistently refuses to collaborate OR spend money, opting instead to basically just bathe in the work that others have done and not do his part, so owners hate him. He took for granted a really great and passionate fanbase in San Diego and moved the team to LA because of the market, despite knowing that there was not and would not be a great amount of fan support there. In LA, you're competing with USC football, the Raiders, the Rams, the beach, the Lakers, the Dodgers, the Angels, Disneyland, UCLA football (to a lesser degree), etc. So now he's in a market with no fan support, no stadium and really no additional owners support. It's a mess. the what....? 1 Link to comment Share on other sites More sharing options...
JoPoy88 Posted April 1, 2021 Share Posted April 1, 2021 58 minutes ago, YoloinOhio said: Especially when he doesn’t even pay rent to kroenke for that stadium $1.00 a year in rent for potentially 40 years. What a deal. Link to comment Share on other sites More sharing options...
glazeduck Posted April 1, 2021 Share Posted April 1, 2021 4 minutes ago, Mr. WEO said: the what....? TONS of love for the Chargers in SD, less so for Spanos -- that wore out a lot of those fans... I'd say he's pretty close to the owner in Major League, if we're looking for a super quick analogy... 2 Link to comment Share on other sites More sharing options...
Southern_Bills Posted April 1, 2021 Share Posted April 1, 2021 1 hour ago, 17islongenough said: How does an NFL owner get in that much debt? No clue about how they got there, but when you have 100's of millions and you want to take a "risk" for financial gain, it's usually a large up front number (so the ROI is "worth" your effort) so I can see how mistakes can be amplified. With that said, I can't feel bad forcthem lol. But I do understand how it could go south on a few bad decisions. Link to comment Share on other sites More sharing options...
JMF2006 Posted April 1, 2021 Share Posted April 1, 2021 1 hour ago, 17islongenough said: How does an NFL owner get in that much debt? Crack and Hookers? Link to comment Share on other sites More sharing options...
Reed83HOF Posted April 1, 2021 Share Posted April 1, 2021 36 minutes ago, H2o said: I can't tell if he's winking at you or not Yolo. 4 Link to comment Share on other sites More sharing options...
TheFunPolice Posted April 1, 2021 Share Posted April 1, 2021 The Chargers don't even seem like a real NFL team. Are there actual fans? I know every team can't have a great and storied fanbase, but this team played in a half empty 30,000 seat soccer stadium recently. Link to comment Share on other sites More sharing options...
berg1029 Posted April 1, 2021 Share Posted April 1, 2021 1 hour ago, YoloinOhio said: They buried the lede that Spanos the elders named their kids Dea and Dean Dea and Dean? What were the parents thinking?! 😅 When I read Dea I honestly thought it was a typo. Nope, turns out it is the sister's actual name Link to comment Share on other sites More sharing options...
dave mcbride Posted April 1, 2021 Share Posted April 1, 2021 (edited) 1 hour ago, 17islongenough said: How does an NFL owner get in that much debt? AFL founder Lamar Hunt said that the origin of the Chargers name came from the charge card business, which was an innovation in the 50s/early 1960s. Barron Hilton (son of Conrad Hilton), the first owner, had just started the Carte Blanche charge card business. Hilton denied it, but the legend is a powerful one. Anyway, it appears that the Spanos family may have taken the team name a little too much to heart! (Another interesting aside: Trump reportedly loathed Barron Hilton with a passion (both were in the real estate and hotel business), yet his son is named Barron. Go figure.) Edited April 1, 2021 by dave mcbride Link to comment Share on other sites More sharing options...
Richard Noggin Posted April 1, 2021 Share Posted April 1, 2021 1 hour ago, glazeduck said: This would be VERY big for the NFL. Spanos is one of the worst owners in pro sports. He's a prick in person. Does not treat us pleebs very well. Link to comment Share on other sites More sharing options...
Ed_Formerly_of_Roch Posted April 1, 2021 Share Posted April 1, 2021 1 hour ago, aristocrat said: Does it specify what the debt is from? The move? It’s an la team that now has a qb they are about to start printing money especially with the new tv deal. They need to just buy her out It was for limo service to drive P Rivers from his house in San Diego to LA every day since Rivers didn't want to move to LA. He paid for 10 years service upfront, thinking Rivers was going to play until age 50. Link to comment Share on other sites More sharing options...
Ridgewaycynic2013 Posted April 1, 2021 Share Posted April 1, 2021 26 minutes ago, berg1029 said: Dea and Dean? What were the parents thinking?! 😅 When I read Dea I honestly thought it was a typo. Nope, turns out it is the sister's actual name I worked with two brothers who were Wayne and Duane. Wayne was the older, we always figured they asked 'pops' what is the second boy's name at the kid's birth: "duh...Wayne? No, wait, we already have a Wayne." 1 1 Link to comment Share on other sites More sharing options...
Mark Vader Posted April 1, 2021 Share Posted April 1, 2021 31 minutes ago, TheFunPolice said: The Chargers don't even seem like a real NFL team. Are there actual fans? I know every team can't have a great and storied fanbase, but this team played in a half empty 30,000 seat soccer stadium recently. They do exist, I have some good friends who are Chargers fans. They still hate that Spanos moved them out of San Diego. Link to comment Share on other sites More sharing options...
Ridgewaycynic2013 Posted April 1, 2021 Share Posted April 1, 2021 1 hour ago, Royale with Cheese said: They need to move this team to Oakland. That's gold, Jerry! GOLD! Link to comment Share on other sites More sharing options...
MiltonWaddams Posted April 1, 2021 Share Posted April 1, 2021 1 hour ago, Reed83HOF said: Gets all he can eat of Baby Ruth’s. 1 Link to comment Share on other sites More sharing options...
freddyjj Posted April 1, 2021 Share Posted April 1, 2021 1 hour ago, glazeduck said: It's sort of a viscous cycle. So is that like a clutch less transmission on a bike? Link to comment Share on other sites More sharing options...
BuffaloBill Posted April 1, 2021 Share Posted April 1, 2021 2 hours ago, 17islongenough said: How does an NFL owner get in that much debt? Many highly wealthy people are also highly leveraged. Making money with OPM (other people’s money). It can be a great ride if all the cylinders are hitting but then it can come down like a house of cards. Link to comment Share on other sites More sharing options...
TheFunPolice Posted April 1, 2021 Share Posted April 1, 2021 33 minutes ago, Mark Vader said: They do exist, I have some good friends who are Chargers fans. They still hate that Spanos moved them out of San Diego. That makes sense... The move out of SD was a mess. End up being a tenant in the Rams stadium that the Rams don't even want around... 1 Link to comment Share on other sites More sharing options...
BuffaloBills1998 Posted April 1, 2021 Share Posted April 1, 2021 2 hours ago, Mark Vader said: You're up Bon Jovi The Toronto Chargers?? Link to comment Share on other sites More sharing options...
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