Quote:
Originally Posted by valo403
So you don't have a mortgage, car loan etc.?
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Wow, okay, you need to start reading and
understanding posts before replying. Seriously. If you want to PM me and ask me to clarify something, I'd be more than happy to accomodate you before you actually go ahead and make a post that makes you look like you're not paying attention to what you're replying to.
Since you didn't, let's go through my post.
"If I perceived something to have such a low value that I didn't even want to spend my own money on it, I probably wouldn't buy it in the first place."
What this means is that the price being asked for an item does not reasonably reflect
my perception of the value of the item. If I don't see value for money, I'm not going to buy it. Also, I specified
my own money. When you take a loan from the bank, you are still technically paying with your own money in the sense that you will be required to satisfy that debt to actually be the sole 'owner'.
So if I saw a house that I perceived to be overpriced based on its features, I wouldn't buy it. Someone else may see the features and benefits of that property, and deem it to be in line with the asking price. Same with a car.
So,
perceived value. It's obvious that a financially-minded guy like Hulsizer sees an issue in putting the full purchase price into the team for various reasons (all of which have already been mentioned in this thread) and his perceived value of the team and where he would be required to operate it is not in line with the NHL's asking price. Of course, the NHL wants what the NHL wants, and Hulsizer is attempting to limit his risk exposure by having the CoG front a healthy portion of the funds to secure the team, which may (GWI) or may not (CoG) be illegal.
Interestingly, Matthew Hulsizer pays exactly SQUAT back to the CoG in return for their money. Glendale is estimating that their returns from the parking rights (that everybody involved claims the other guy owns) will be sufficient to cover these costs, but the validity of the study has been called into question many times with no answer from those who have been called upon to stand behind it.
Quote:
Originally Posted by valo403
Hulsizer is getting a lot of subsidy here, but he's still commiting big dollars long term. He's willign to put in the amount of his money/credit that he values the team at, the rest of it is about paying off all the mess that has developed over the years.
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And now you suddenly understand that there is a difference in perceived value of the team and its location from Hulsizer's viewpoint versus what the league would need to make a sale. So are you purposely trolling me by pretending to not understand my posts? Because it's a bit tedious trying to make sure you and I are conversing on the same mental playing field here, on a level with the rest of the adults in the thread.