momadance wrote:

mcare89 wrote:

momadance wrote:Cool. They have ratings. They missed the playoffs last year. Out in the first round this year. Thus losing a shit ton of revenue. That's awesome that the sixers doubled in value. When it comes to a business balance sheet, cash on hand means millions more than assets on paper. Owning the sixers right now wouldn't do shit for Comcast.

Your original argument was "owning a losing team doesn't do anything for their NHL contract or ratings." Now you're crapping on the idea that strong ratings would matter to the cable provider that owns them. Pick a side. I realized you're pissed about the losing, but you're way off on the business side of things.

They're losing some revenue by not going deep into the playoffs, but not nearly as much as they'd lose if the Flyers weren't consistently a marquee franchise, which is what they've been for pretty much the entire team Snider has run things.

And that's the dumbest thing I've ever heard. If they wanted cash on hand, they could've waited a year and a half and sold them for $600 million instead of just dumping them for $280 million. If C-S could do that deal over again, they absolutely would.

If cash-on-hand is more valuable to them, why aren't they selling the Flyers too?

ffs, don't ever own a business. If they waited a year and a half they wouldn't be buying TWC right now.

That deal is for $45 BILLION DOLLARS. The Sixers sale made up a fraction of one percent of that deal. You really think they were sitting there going "Ah, finally, we sold the Sixers, now we can go buy the 2nd largest cable company in the world, GOOD WORK EVERYBODY!"

What time are you on CNBC tomorrow? I want to tune in. Or maybe it's some 4am infomercial.

If you think the sixers would sell for $600m tomorrow, I want whatever drugs you're on. They're currently valued at $469m. But whatever.

the Sacramento Kings sold for 534 million

bucks just went for $550M

momadance wrote:What time are you on CNBC tomorrow? I want to tune in. Or maybe it's some 4am infomercial.

I'm booked right after you.

Your first argument was "The Flyers not advancing deep into the playoffs is hurting Comcast because the ratings aren't high." which is false, both on a local and national level and the difference between the ratings if the Flyers advance and the Rangers/Penguins advance is negligble. In fact, the new playoff system is in essence designed to mitigate those losses for NBC/Comcast by all but ensuring that one of the Flyers, Rangers, or Penguins is playing deep into the playoffs. There's no local TV revenue past the first round, so the revenue earned by the team would be from local revenue (ticket sales, merchandise sales), which, while nothing to sneeze at, isn't a difference maker to the Comcast bottom line. It matters to the Spectacor division because I imagine that division tries to stay as self-sufficient as possible, but not in the Comcast grand scheme of things.

And the idea that any business that wasn't desperately strapped for cash would be thrilled to sell an asset for $280 million today and watching it immediately double in value is absurd. I can buy that Comcast wanted to raise capital. That's not hard to believe. But they picked a bad time to sell, and that's indisputable.

Barry Jive wrote:the Sacramento Kings sold for 534 million

ReadingPhilly wrote:bucks just went for $550M

Bingo. And the Sixers would be worth more than that just on market size alone. If they can draft a difference maker, they'd be worth even more.

Barry Jive wrote:the Sacramento Kings sold for 534 million

They're also in CA, and owned buy some Silicon Valley fucktards. Also, on "paper" they are worth more than the sixers.

Compton is in California too

ReadingPhilly wrote:bucks just went for $550M

Holy shit, really? I stand corrected.

momadance wrote:

Barry Jive wrote:the Sacramento Kings sold for 534 million

They're also in CA, and owned buy some Silicon Valley fucktards. Also, on "paper" they are worth more than the sixers.

They were just bought by those "Silicon Valley fucktards" (might want to leave that one out of your CNBC hit) last year.

Also, Forbes values mean nothing in terms of what teams are actually worth. Forbes says the Clippers are worth $550 million. I'll bet you the cost of a ticket to the BSG gathering that they sell for at minimum $750 million.

mcare89 wrote:

momadance wrote:What time are you on CNBC tomorrow? I want to tune in. Or maybe it's some 4am infomercial.

I'm booked right after you.

Your first argument was "The Flyers not advancing deep into the playoffs is hurting Comcast because the ratings aren't high." which is false, both on a local and national level and the difference between the ratings if the Flyers advance and the Rangers/Penguins advance is negligble. In fact, the new playoff system is in essence designed to mitigate those losses for NBC/Comcast by all but ensuring that one of the Flyers, Rangers, or Penguins is playing deep into the playoffs. There's no local TV revenue past the first round, so the revenue earned by the team would be from local revenue (ticket sales, merchandise sales), which, while nothing to sneeze at, isn't a difference maker to the Comcast bottom line. It matters to the Spectacor division because I imagine that division tries to stay as self-sufficient as possible, but not in the Comcast grand scheme of things.

And the idea that any business that wasn't desperately strapped for cash would be thrilled to sell an asset for $280 million today and watching it immediately double in value is absurd. I can buy that Comcast wanted to raise capital. That's not hard to believe. But they picked a bad time to sell, and that's indisputable.

If it matters to the C-S bottom line, it's going to essentially effect the comcast bottom line. CEO's are a messed up bunch. They lie over pennies. They're all fucked up. They only care quarter to quarter to pad their bonus. I had no idea the Kings and Bucks sold that high. Sorry for being a dick. But I still think if NBC didn't have the nhl rights, the flyers would have been sold. Since they do have the rights and the flyers, they're tired of the flyers cap management over the last few years.

mcare89 wrote:

momadance wrote:

Barry Jive wrote:the Sacramento Kings sold for 534 million

They're also in CA, and owned buy some Silicon Valley fucktards. Also, on "paper" they are worth more than the sixers.

They were just bought by those "Silicon Valley fucktards" (might want to leave that one out of your CNBC hit) last year.

Also, Forbes values mean nothing in terms of what teams are actually worth. Forbes says the Clippers are worth $550 million. I'll bet you the cost of a ticket to the BSG gathering that they sell for at minimum $750 million.

I'll have cnbc beep it out. Clips will sell for a ton for being in LA and the rumored potential buyers (Oprah, Magic's dodgers group)

momadance wrote:

mcare89 wrote:

momadance wrote:What time are you on CNBC tomorrow? I want to tune in. Or maybe it's some 4am infomercial.

I'm booked right after you.

Your first argument was "The Flyers not advancing deep into the playoffs is hurting Comcast because the ratings aren't high." which is false, both on a local and national level and the difference between the ratings if the Flyers advance and the Rangers/Penguins advance is negligble. In fact, the new playoff system is in essence designed to mitigate those losses for NBC/Comcast by all but ensuring that one of the Flyers, Rangers, or Penguins is playing deep into the playoffs. There's no local TV revenue past the first round, so the revenue earned by the team would be from local revenue (ticket sales, merchandise sales), which, while nothing to sneeze at, isn't a difference maker to the Comcast bottom line. It matters to the Spectacor division because I imagine that division tries to stay as self-sufficient as possible, but not in the Comcast grand scheme of things.

And the idea that any business that wasn't desperately strapped for cash would be thrilled to sell an asset for $280 million today and watching it immediately double in value is absurd. I can buy that Comcast wanted to raise capital. That's not hard to believe. But they picked a bad time to sell, and that's indisputable.

If it matters to the C-S bottom line, it's going to essentially effect the comcast bottom line. CEO's are a messed up bunch. They lie over pennies. They're all fucked up. They only care quarter to quarter to pad their bonus. I had no idea the Kings and Bucks sold that high. Sorry for being a dick. But I still think if NBC didn't have the nhl rights, the flyers would have been sold. Since they do have the rights and the flyers, they're tired of the flyers cap management over the last few years.

I think it's a blip on their radar screen. I really do. I think the Flyers franchise and the Spectacor division is self-sufficient enough that it doesn't have to rely on Comcast's money, which is how they've retained so much autonomy for so long. The Sixers sale was probably a rubber stamp on Brian Roberts's desk, if it even got that far.

I have no idea why Luukko left/got canned/whatever. I don't think it's a sign that Comcast is taking over though. I don't think they care about the Flyers cap management. They've got bigger things to worry about. The Flyers are still printing money in a league where a lot of teams can't say the same.

We'll see. I think the fact that Lukko was suddenly canned and replaced with the former CFO and Exec VP of Comcast Cable is pretty telling. Snider may be chairman but he only owns 37%. No one questions his desire to win but there has been a lot of bad decisions under him since they added a cap.

Homer is the best GM ever.

I trust our fearless leaders who have not given us a cup in 40 years.

So we are left to wonder what could have been with a healthy Mason from jump. Yet another reason to despise the Pittsburgh Penguins.

traderdave wrote:So we are left to wonder what could have been with a healthy Mason from jump. Yet another reason to despise the Pittsburgh Penguins.

Mason played amazing but they still lost two games he started.

He can't help when the rest of the team sucked and Emery played really well most of game 1 and 2.

I'm just sad. I hate losing to the Rangers more than anybody.

I still tend to think the Flyers management is TOO impetuous rather than not aggressive enough. I'm not giving up on Schenn or Coots. That was the mistake we made with JVR. Schenn and Coots are still way way young. I think we found our goalie so there's a positive. I hope both Laughton and Ghost make the team next year.