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There must be some truth to the rumors... maybe from Mack's agent... maybe from the Packer's front office. I honestly don't see how Green Bay could afford Mack. but... what do I know???
First of all as a minority owner you expect dividends. That means the organization operates as it must BEFORE you get paid. And if there is nothing left than you get nothing. Those are the risks of ownership. Paying Javon Walker has nothing to do with today.
Also in 2011 the books were right sized. In 2014 the Raiders made $268M with a $158M player budget and paying peanuts for their coaches and the lowest stadium operating costs in the league. They probably netted close to $80M. That was in 2014. CBA shares went up since then significantly and the success of 2016 also caused a bump earning even more. Take into account the $310M target earnings on PSL and the $100M earning on the naming rights for the new stadium and he has plenty of money to spend. This has nothing to do with bonuses or money and everything to do with cap.
Now I don't know if it has anything to do with not being able to pay mack his signing bonus money and put that cash into escrow but lets not act like it couldn't be a possibility. It has been said for years going back to Al that sometimes it proved difficult dropping ton of cash on signing bonuses and we already gave our QB a shit ton of money.
Like I said, it may have zero to do with it and he may have the money , I dont know, Im not in his pockets but its something that has been brought up before from those around the NFL about how it would be difficult when you only currently have one income source and not a very good one at that.
In any case, Mack is in for a big payday sooner or later.
A writer or the betting site reviewed a list of likely teams, realized that Green Bay has two first round picks (valuable currency) and a team that is in win now mode and decided the Packers were a favorable destination. Throw in some innuendo about Mark's finances, take Gruden's quotes out of context and you have a passable rumor during boring preseason. Thus, the media is running with it.
None of these rich guys use liquid to invest bruh. Collateral doesn't work like that. and Mark currently has plenty. Zero problems getting a loan for that guy. Probably with extremely low interest too. This isn't the reason for the holdup.
I read somewhere that Jimmy G is counting 42 million against the cap this year... so I can’t wait to see Rodgers numbers. lol
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Re: The real "will Mack sign" thread - no CFB discussion
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mad stork 83
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Most owners have made their money in other businesses and then bought a football team. Al and Mark rely only on football for money. Getting money is one thing. paying it back is another. he doesn't have unlimited resources.Skullz wrote Thu Aug 16, 2018 8:37 pm:That was then. they just built a 2 billion dollar stadium. Mark can get money. That is not the issue. It’s the CBA and crippling the cap to pay a player what he’s actually worth. NFL salaries are a joke compared to other sports. That’s why I would of had an Al Davis approach to this, paid the man, reset the market, and moved money around. This hurts other teams in their own negotiations. Teams that win have more leverage in the offseason. I would bet this is what they are doing anyways.
Also paying Penn last year set a bad precedent.
To be completely honest I can hardly blame either side for the impasse we are currently at, hence why we are here to begin with. But I think it will get worked out.
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coogi
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Jeevo
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Jeevo
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I couldn't pay someone $500 grand right now. If you gave me a profitable business valued at over $2 billion with a defined payroll I could do it even though I don't have that cash on hand.mad stork 83 wrote Thu Aug 16, 2018 8:41 pm:Most owners have made their money in other businesses and then bought a football team. Al and Mark rely only on football for money. Getting money is one thing. paying it back is another. he doesn't have unlimited resources.
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Ivanavich
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There must be some truth to the rumors... maybe from Mack's agent... maybe from the Packer's front office. I honestly don't see how Green Bay could afford Mack. but... what do I know???
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RunDMLee
Posts: 2,002
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The is no truth this all stemmed for a betting site giving out odds everyone site ou tthere took it as gospel now the mainstream media has taken it as if the Packers announced it & Mack asked for a trade. Betting sites do this all it’s about making money for them give out odds of something that has no base so people jump on it before ring the cash register for them.Ivanavich wrote Thu Aug 16, 2018 8:50 pm:I just finished watching the Packers - Steelers game. Twice they mentioned that the Packers COULD trade for Mack.
There must be some truth to the rumors... maybe from Mack's agent... maybe from the Packer's front office. I honestly don't see how Green Bay could afford Mack. but... what do I know???
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rich72
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I say fine the shit out of that extortionist, hopefully he ends up playing for free.Raidernation24 wrote Thu Aug 16, 2018 6:32 pm:https://twitter.com/AdamSchefter/status ... 58145?s=19
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vegas34
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First of all as a minority owner you expect dividends. That means the organization operates as it must BEFORE you get paid. And if there is nothing left than you get nothing. Those are the risks of ownership. Paying Javon Walker has nothing to do with today.
Also in 2011 the books were right sized. In 2014 the Raiders made $268M with a $158M player budget and paying peanuts for their coaches and the lowest stadium operating costs in the league. They probably netted close to $80M. That was in 2014. CBA shares went up since then significantly and the success of 2016 also caused a bump earning even more. Take into account the $310M target earnings on PSL and the $100M earning on the naming rights for the new stadium and he has plenty of money to spend. This has nothing to do with bonuses or money and everything to do with cap.
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The AzzAzzin
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you know mark cant use the team/raiders as collateral right? His only source of income is what the Raiders bring in after the net. He also took on a ton of debt with loans for the new stadium. hell the new stadium itself is being built/funded from future revenue streams already and totally contingent on hitting certain PSL numbers. Now every team sort of does this now but they have their own money to fall back on. He doesn't even own all the team. its something like 47 percent and the Raiders bring in the least annual revenue in the NFL. Mark won't be making money until the vegas stadium is built and all the loans/costs are paid off.Jeevo wrote Thu Aug 16, 2018 8:47 pm:I couldn't pay someone $500 grand right now. If you gave me a profitable business valued at over $2 billion with a defined payroll I could do it even though I don't have that cash on hand.
Now I don't know if it has anything to do with not being able to pay mack his signing bonus money and put that cash into escrow but lets not act like it couldn't be a possibility. It has been said for years going back to Al that sometimes it proved difficult dropping ton of cash on signing bonuses and we already gave our QB a shit ton of money.
Like I said, it may have zero to do with it and he may have the money , I dont know, Im not in his pockets but its something that has been brought up before from those around the NFL about how it would be difficult when you only currently have one income source and not a very good one at that.
In any case, Mack is in for a big payday sooner or later.
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CarrKnight
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- CarrKnight
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Exactly. The story is just speculation and out right fabrication.RunDMLee wrote Thu Aug 16, 2018 9:14 pm:The is no truth this all stemmed for a betting site giving out odds everyone site ou tthere took it as gospel now the mainstream media has taken it as if the Packers announced it & Mack asked for a trade. Betting sites do this all it’s about making money for them give out odds of something that has no base so people jump on it before ring the cash register for them.
A writer or the betting site reviewed a list of likely teams, realized that Green Bay has two first round picks (valuable currency) and a team that is in win now mode and decided the Packers were a favorable destination. Throw in some innuendo about Mark's finances, take Gruden's quotes out of context and you have a passable rumor during boring preseason. Thus, the media is running with it.
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Skullz
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Lol.. i mean jeevo already said what I've been saying about this for awhilemad stork 83 wrote Thu Aug 16, 2018 8:41 pm:Most owners have made their money in other businesses and then bought a football team. Al and Mark rely only on football for money. Getting money is one thing. paying it back is another. he doesn't have unlimited resources.
None of these rich guys use liquid to invest bruh. Collateral doesn't work like that. and Mark currently has plenty. Zero problems getting a loan for that guy. Probably with extremely low interest too. This isn't the reason for the holdup.
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Jeevo
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You don't need to use the team as collateral to get the money. When you own an asset worth what an NFL team in Vegas is worth you get the money without actually securing it against the team. There could be many reasons why this deal isn't done yet but no money for escrow isn't one of them.The AzzAzzin wrote Thu Aug 16, 2018 9:46 pm: you know mark cant use the team/raiders as collateral right? His only source of income is what the Raiders bring in after the net. He also took on a ton of debt with loans for the new stadium. hell the new stadium itself is being built/funded from future revenue streams already and totally contingent on hitting certain PSL numbers. Now every team sort of does this now but they have their own money to fall back on. He doesn't even own all the team. its something like 47 percent and the Raiders bring in the least annual revenue in the NFL. Mark won't be making money until the vegas stadium is built and all the loans/costs are paid off.
Now I don't know if it has anything to do with not being able to pay mack his signing bonus money and put that cash into escrow but lets not act like it couldn't be a possibility. It has been said for years going back to Al that sometimes it proved difficult dropping ton of cash on signing bonuses and we already gave our QB a shit ton of money.
Like I said, it may have zero to do with it and he may have the money , I dont know, Im not in his pockets but its something that has been brought up before from those around the NFL about how it would be difficult when you only currently have one income source and not a very good one at that.
In any case, Mack is in for a big payday sooner or later.
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Skullz
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Lol... I like you but this post is wrong and irresponsible on so many levels. The only thing you got right is the “I don’t know, I’m not in his pockets” part. And yes he will get paid.The AzzAzzin wrote Thu Aug 16, 2018 9:46 pm: you know mark cant use the team/raiders as collateral right? His only source of income is what the Raiders bring in after the net. He also took on a ton of debt with loans for the new stadium. hell the new stadium itself is being built/funded from future revenue streams already and totally contingent on hitting certain PSL numbers. Now every team sort of does this now but they have their own money to fall back on. He doesn't even own all the team. its something like 47 percent and the Raiders bring in the least annual revenue in the NFL. Mark won't be making money until the vegas stadium is built and all the loans/costs are paid off.
Now I don't know if it has anything to do with not being able to pay mack his signing bonus money and put that cash into escrow but lets not act like it couldn't be a possibility. It has been said for years going back to Al that sometimes it proved difficult dropping ton of cash on signing bonuses and we already gave our QB a shit ton of money.
Like I said, it may have zero to do with it and he may have the money , I dont know, Im not in his pockets but its something that has been brought up before from those around the NFL about how it would be difficult when you only currently have one income source and not a very good one at that.
In any case, Mack is in for a big payday sooner or later.
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deathstar
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Skullz
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deathstar wrote Thu Aug 16, 2018 10:01 pm:The trade for Mack won't happen because for one Packers have to pay Rogers, when I say pay I mean mega monster deal. Rogers will make Carr's contract look like a blue light special. I believe Rogers will make $33-35 million per season. Secondly, Packers will need picks to off set Roger's contract.
I read somewhere that Jimmy G is counting 42 million against the cap this year... so I can’t wait to see Rodgers numbers. lol
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