Robert Kraft to sell a minority stake of the Patriots

[Gregg]

https://www.msn.com/en-us/sports/nfl/robert-kraft-agrees-to-sell-new-england-patriots-minority-stake-in-deal-that-values-team-at-9b/ar-AA1Nie7D?ocid=entnewsntp&pc=U531&cvid=68d570eefe9749e697613a1117c95b7e&ei=14

[BuffaloBill]

Maybe a bit of a trend in the NFL.  A way to get cash out of high team valuations.

[Warcodered]

9Billion because if you squint maybe you see a little residue of Tom Brady still left on the team some how.

[Draconator]

It wouldn't surprise me if Brady sells his stake in the Raiders and joins Kraft with the Pats. Maybe I'm too sober...

[boyst]

I don't get it. Does he need the money? What's the rub?

[Fleezoid]

3 minutes ago, boyst said:

I don't get it. Does he need the money? What's the rub?

 

Oh....now you did it. Here we go...........

[MJS]

5 minutes ago, Draconator said:

It wouldn't surprise me if Brady sells his stake in the Raiders and joins Kraft with the Pats. Maybe I'm too sober...

Brady doesn't seem to want much to do with the Patriots anymore.

[Warcodered]

6 minutes ago, Draconator said:

It wouldn't surprise me if Brady sells his stake in the Raiders and joins Kraft with the Pats. Maybe I'm too sober...

Why he basically has free pseudo ownership of the team now anyway.

[boyst]

2 minutes ago, Fleezoid said:

 

Oh....now you did it. Here we go...........

I don't get it? Did I do something wrong?  I reread wheat I wrote and can't put a hand on it... Did I not come off well?

[Urban Achievers]

The extra cash could come in handy

[May Day 10]

11 minutes ago, boyst said:

I don't get it. Does he need the money? What's the rub?

 

Maybe a move to buffer inheritance obligations?

[eball]

I believe the new minority owner is a chain of small massage parlors in Florida.

 

There’s no report on the terms of payment or if there are any return concessions.

 

 

Edited yesterday at 05:12 PM by eball

[boyst]

1 minute ago, May Day 10 said:

 

Maybe a move to buffer inheritance obligations?

The inheritance idea is not a bad idea especially if he can get his son to be that buyer. It'd definitely help soften the load he will produce when the time comes. 

[transient]

1 minute ago, eball said:

I believe the new minority owner is a chain of small massage parlors in Florida.

 

Was he selling the minority stake... or was he leaving it as a tip?

[Bills fan since 87]

Only a jerk would demand more money

[Mr. WEO]

29 minutes ago, Warcodered said:

9Billion because if you squint maybe you see a little residue of Tom Brady still left on the team some how.

 

Cowboys don't even have that ,yet they are the most valuable sports franchise in the world.

 

 

It's all about annual revenue, not quality.  NE is always in the top 5 for team generated revenue.   Pay 900 million to have access, annually to 70-80 million or more in ROI (plus the glory benefits that come with ownership....plus a guaranteed whopping ROI when you cash out your sliver of the team.

 

 

If you have the means, there simply is no more lucrative sure thing place to put your fortune.

[strive_for_five_guy]

Always love a story with a happy ending

[Don Otreply]

I’m going to start a rumor that Terry Pegula is buying a minority stake in every NFL team, 

[Virgil]

How is that team worth 9 billion right now?  I understand it's near the Boston area, but that team had zero relevance to the NFL prior to, or since Brady left  

[transient]

Oh... Oh... my turn... my turn... Bob Kraft is a skeevy old douchebag that gets hand jobs from an Asian masseuse... hahahahahaha... the truth in that statement has to sting... get it... 

 

Edited yesterday at 05:46 PM by transient