Dayman
ASFN Addict
How is it that Bidwill has pretty much dominated these types of stories since Snyder?
Smoke. Fire. Etc.
Smoke. Fire. Etc.
It's like me with the Pittsburgh Pirates. They are my team and I support them, but Bob Nutting isn't getting a single red cent of mine until he stops lying to the fans and spending the money the club generates rather than pocketing most of it. Great ball park but I haven't been there in years.Oh, it’s all valid. It’s just what can be proven. I question why I give them money every year. If my decision was based strictly on character of ownership, I would have quit years ago.
It doesn't matter that it's a money grab. Put yourself into their shoes. I'd want to milk the bastard for every buck I could get.The Cardinals have issued a statement in response to the complaint filed by Brittany Neuheisel.
“Earlier this week, the Cardinals received an email from a California-based plaintiff’s lawyer.
“In it, he threatened to file a lawsuit unless the team agreed to his demand for a substantial amount of money by 5:00PM the next day.
“The team refused and the lawyer has now filed the Complaint.
“The Cardinals were surprised by and strongly deny the allegations made in this lawsuit and intend to defend the case on its merits in the appropriate forum.
I'm not a big fan of Bidwill but this sure seems to be a money grab. It is as sign of our times and the media loves this stuff.
John
Correct. Doesn’t matter that her title says “personal” if she’s hired by the organization and not privately by Michael.Good luck with that in court.
In my leadership role I take multiple courses every year about this sort of stuff and I would be up a creek with half what is accused here.
Standard operating procedure for this type of suit.The Cardinals have issued a statement in response to the complaint filed by Brittany Neuheisel.
“Earlier this week, the Cardinals received an email from a California-based plaintiff’s lawyer.
“In it, he threatened to file a lawsuit unless the team agreed to his demand for a substantial amount of money by 5:00PM the next day.
“The team refused and the lawyer has now filed the Complaint.
“The Cardinals were surprised by and strongly deny the allegations made in this lawsuit and intend to defend the case on its merits in the appropriate forum.
I'm not a big fan of Bidwill but this sure seems to be a money grab. It is as sign of our times and the media loves this stuff.
John
1. There’d be several dozen bidders without a doubt. Not like one guy writes a check for something like this. Sports team are both financed and syndicated via partnership agreements nowadays.The Cardinals were valued at $4.3 billion in September, so probably a tad bit more now. Not many out there can afford that. Plus, if Mark Davis won't sell for $7 billion, I'm not sure Michael would without being forced.
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Forbes: Arizona Cardinals value increases by 13%
The Arizona Cardinals are valued at $4.3 billion ahead of the 2024 NFL season, according to Forbes.arizonasports.com
That should be a big source of contention. Michael gets the glory and prestige, gets to tool around the country on the family business' dime, and there is probably not a lot of free cash back to the other 3Intriguing nugget from the lawsuit:
the fact that Mike is in conflict with his siblings.
99% chance the source of that conflict is money, and specifically, not enough of it is flowing to them. Wouldnt be a shock if the siblings are demanding some form of liquidity from the team.
For Nicole, Patrick or Bill Jr -- what benefit do they get from being an owner compared to, lets say 25% each of $5-7 billion.
lets say they get distributed $1mm a year each. For you and I, that would be plentyThat should be a big source of contention. Michael gets the glory and prestige, gets to tool around the country on the family business' dime, and there is probably not a lot of free cash back to the other 3
Yup!lets say they get distributed $1mm a year each. For you and I, that would be plenty
but not when you could get a one time payment = to 1,000 times that
They are glorified hillbillies that live in Paradise Valley where they have had run-ins with the police there.Intriguing nugget from the lawsuit:
the fact that Mike is in conflict with his siblings.
99% chance the source of that conflict is money, and specifically, not enough of it is flowing to them. Wouldnt be a shock if the siblings are demanding some form of liquidity from the team.
For Nicole, Patrick or Bill Jr -- what benefit do they get from being an owner compared to, lets say 25% each of $5-7 billion.
Enjoy Paul Skanes while you have him. In a few years he'll sign with the Dodger or Yankees for a billion dollars.It's like me with the Pittsburgh Pirates. They are my team and I support them, but Bob Nutting isn't getting a single red cent of mine until he stops lying to the fans and spending the money the club generates rather than pocketing most of it. Great ball park but I haven't been there in years.