Fake News: Jody is going to sell the Trail Blazers

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And his speculation is based entirely on one thing; the estimated value of the team. He could have at least talked to Torturedblazer fan!
 
BoBoBREWSKI said:
Dwight Jaynes is more and more irrelevant and he knows it. So he's gotta come up with crap like this to get his name in the news. Crapzano does this also when he needs to feed his ego.
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Jaynes is the Peter Vescey of the pacific northwest. In other words, nothing to see here.
 
UKRAINEFAN said:
And his speculation is based entirely on one thing; the estimated value of the team. He could have at least talked to Torturedblazer fan!
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There was an article a while back about Jody Allen and Inheritance tax. It was saying that very often when someone inherits a large number of assets like Jody Allen has they end up needing to sell off some of the assets in order to pay the taxes. It broke down some of the differences between Asset rich and capital-rich. Again I have no idea how much capital she has, she is obviously very rich. I don't think the team is moving, or anything like that. I am of the opinion that she will eventually (somewhat short term) sell them for one reason or another. I could've written this article for Jaynes and I guess, but it seems like a weird article to write when he obviously has no idea, no quotes, no real information.
 
SlyPokerDog said:
Wasn't there a rumor going around that Paul Allen said in his will that if Jody sold the Seahawks and/or Blazers the money would go to charity?
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It does. At least that is what the article says also.
 
KSF-ERIC said:
I love Vescey back in the day. Pre-internet, his column in the NY Post was the only way to hear about gossip and trade rumors. And his columns were funny.
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The guy is a hack.
 
Here is why Jody Allen is not going to sell the Blazers and Seahawk.

There are many things a billionaire can own and brag about, cars, mansions, private planes, yachts, etc, the most rare toy to own is an NFL franchise. There are only 32 of them. Jeff Bezos doesn't own one, Bill Gates doesn't, Warren Buffett no. These are very rare and very much in demand.

Also almost as rare and desirable is an NBA franchise. There are only 30 of those.

Now of all the richest people in the world, of all the things you can buy and use to validate and show off your wealth, there are only two people in the entire world that owns both an NFL and NBA franchise. And they are Jody Allen and Tom Benson.

No matter how much money other billionaires have they don't have that. And when you can have practically anything you want, having something that no one else can have is very very intoxicating.

Also because of the popularity, the tax advantages, the TV contracts, an NFL franchise is pretty much one of the very few things that can guarantee your family generational wealthy.

It's pretty obvious that she doesn't need the money now. And it's pretty obvious that she has all the toys a billionaire could want. She only loses bragging rights in selling, she only loses future income for her and her family.

She ain't giving up those sweet sweet billionaire bragging rights.
 
They approached our Nashville group, but we're currently dealing with the effects of the tornado. Part of the equation, though, deals with the MLS stadium negotiations. Can only do so much.
 
SlyPokerDog said:
Here is why Jody Allen is not going to sell the Blazers and Seahawk.

There are many things a billionaire can own and brag about, cars, mansions, private planes, yachts, etc, the most rare toy to own is an NFL franchise. There are only 32 of them. Jeff Bezos doesn't own one, Bill Gates doesn't, Warren Buffett no. These are very rare and very much in demand.

Also almost as rare and desirable is an NBA franchise. There are only 30 of those.

Now of all the richest people in the world, of all the things you can buy and use to validate and show off your wealth, there are only two people in the entire world that owns both an NFL and NBA franchise. And they are Jody Allen and Tom Benson.

No matter how much money other billionaires have they don't have that. And when you can have practically anything you want, having something that no one else can have is very very intoxicating.

Also because of the popularity, the tax advantages, the TV contracts, an NFL franchise is pretty much one of the very few things that can guarantee your family generational wealthy.

It's pretty obvious that she doesn't need the money now. And it's pretty obvious that she has all the toys a billionaire could want. She only loses bragging rights in selling, she only loses future income for her and her family.

She ain't giving up those sweet sweet billionaire bragging rights.
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Tom Benson died two years ago. It's actually Gayle Benson that owns both now. To your point though it's even more rare for two females to hold such powerful positions.
 
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Taces? He means tacos, right? I bet Paul Allen's fortune could buy some nice tacos.
 
ABM said:
They approached our Nashville group, but we're currently dealing with the effects of the tornado. Part of the equation, though, deals with the MLS stadium negotiations. Can only do so much.
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Who approached the Nashville group?
 
TorturedBlazerFan said:
I think it’ll be sold, but I also think the owner will leave them here.
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That makes sense. It must cost outrageous money to relocate,carry debt, deal with service/professional costs and create a new logo. If I bought the team, it would be called the Northwest Blazers (a similarity to the New England Patriots). Everyone who is a member of S2 would get free tickets for life.
 
stampedehero said:
That makes sense. It must cost outrageous money to relocate,carry debt, deal with service/professional costs and create a new logo. If I bought the team, it would be called the Northwest Blazers (a similarity to the New England Patriots). Everyone who is a member of S2 would get free tickets for life.
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I prefer Portland Trail Blazers. I could be talked into Oregon Trail Blazers. But Northwest? I don't know...
 
stampedehero said:
If I bought the team, it would be called the Northwest Blazers (a similarity to the New England Patriots)
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I have always felt this way also on pretty much every type of sports franchise around here. At the very least "Oregon TrailBlazers". Comcast and it seems even the organization itself has gone a long ways into alienating pretty much the rest of the state other than the Portland area.
 
My favorite part of this garbage article is "And yes, the value could go up even more, but it could also drop if the TV deals go down in value, as is possible." Well no shit sherlock, anything is POSSIBLE but the price for live events on TV continues to climb so it's highly unlikely TV rights deals are going to go down anytime soon. Jody may end up selling and I don't think anyone would blame her BUT if it was really about the cash, why not sell the NFL team that is worth an extra billion?
 
In my opinion, either Ms Allen is either going to sell the team, or keep it. She might sell it now, she might sell it later, she might keep it forever too.

It's just one of those options.
 
I hope Jody Allen does sell the team... she’s enabled this no accountability culture that Neil is running. Hopefully we get an owner that demands change when people aren’t doing their jobs. Blazers were 4 games under .500 with Dame, CJ, Whiteside, and Hood healthy... and hovered around 6-8 games under .500 with Dame, CJ, Whiteside, Melo all healthy... with the highest payroll in the NBA... Nurk injury was already known coming into this season with the organization talking title... Zach Collins was averaging 8 points and 4 rebounds... he is not the reason this team is failing to perform.
 
bigbailes said:
My favorite part of this garbage article is "And yes, the value could go up even more, but it could also drop if the TV deals go down in value, as is possible." Well no shit sherlock, anything is POSSIBLE but the price for live events on TV continues to climb so it's highly unlikely TV rights deals are going to go down anytime soon. Jody may end up selling and I don't think anyone would blame her BUT if it was really about the cash, why not sell the NFL team that is worth an extra billion?
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The NFL team happens to be in Seattle and Im sure she's a bit more loyal to the City of Seattle, which I totally understand.
Im hoping for local ownership if/when she sells. I still think however, Bert Koldie will end up owning a large percentage of the team as he's a fan of the game & team.
 
I wouldn't bet against an ownership group trying to move the team to Seattle and banking on Portland fans staying true. A lot of you mcguffins support the Seachickens. They will assume that you will continue to support the Blazers despite moving them to our hated rival. At least I will be able to take solace in the fact that some of you will finally have a reason to hate Seattle.
 
Natebishop3 said:
I wouldn't bet against an ownership group trying to move the team to Seattle and banking on Portland fans staying true. A lot of you mcguffins support the Seachickens. They will assume that you will continue to support the Blazers despite moving them to our hated rival. At least I will be able to take solace in the fact that some of you will finally have a reason to hate Seattle.
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I don't think the NBA would allow it.

"ooh, woops...shouldn't have let the Sonics leave Seattle, so let's let them move a team from the only other city within 800 miles that has a team! Yeah, that's a good idea!"

They wouldn't let the Kings move or the Clippers, both of which were SIGNIFICANTLY better options for moving.

the kings played in a DUMP for years...and the Clippers are always going to be 2nd bananas.
 
I think the chances of JA selling the Blazers are better than even. It might take some time, but I'd guess she eventually will

the chances the team moves after a sale are much, much less. However, it's time to be a little nervous if somebody from Las Vegas buys the Blazers
 
Hoopguru said:
The NFL team happens to be in Seattle and Im sure she's a bit more loyal to the City of Seattle, which I totally understand.
Im hoping for local ownership if/when she sells. I still think however, Bert Koldie will end up owning a large percentage of the team as he's a fan of the game & team.
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I mean we all know the reasons, just thought it was comical that old baldy didn't address that in his piece.
 
Natebishop3 said:
I wouldn't bet against an ownership group trying to move the team to Seattle and banking on Portland fans staying true. A lot of you mcguffins support the Seachickens. They will assume that you will continue to support the Blazers despite moving them to our hated rival. At least I will be able to take solace in the fact that some of you will finally have a reason to hate Seattle.
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I'd have to become a Kings fan because they'd be the closest team to me assuming that ever happened :mook:
 
KSF-ERIC said:
I prefer Portland Trail Blazers. I could be talked into Oregon Trail Blazers. But Northwest? I don't know...
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I think the new owner will rename the team Seattle Supersonics.
 
Would it be possible for Jody to sell the team to the fans like the Packer fans stockholders own them?
 
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