\GoBillsInDallas/ Posted April 3, 2009 Share Posted April 3, 2009 http://www.star-telegram.com/business/story/1297580.html Ralph and Bills - no debt. Link to comment Share on other sites More sharing options...
buckeyemike Posted April 3, 2009 Share Posted April 3, 2009 If the current economic conditions persist, expect more defaulting by team owners. I've heard that a number of NHL owners are in serious trouble financially -- to the point that teams could start folding at the end of next season. Link to comment Share on other sites More sharing options...
BillsFan Trapped in Pats Land Posted April 3, 2009 Share Posted April 3, 2009 http://www.star-telegram.com/business/story/1297580.html Ralph and Bills - no debt. I guess that ARod deal didn't pan out Link to comment Share on other sites More sharing options...
Big Turk Posted April 4, 2009 Share Posted April 4, 2009 I can't imagine what the interest payment would be on a 350 million dollar loan... Link to comment Share on other sites More sharing options...
PromoTheRobot Posted April 4, 2009 Share Posted April 4, 2009 I can't imagine what the interest payment would be on a 350 million dollar loan... If my calculations are correct, assuming a 30 yr term like a mortgage at 5%, monthly interest would run about $1.4 million. But who knows how many sports team owners have mortgaged their franchises? For all we know Ralph hocked the Bills, which would be incredibly smart of him...get all the value out of his asset tax-free before he dies. That could be the reason he doesn't want to talk about selling the team. The banks already hold the paper on the Bills. Not saying it's true, just possible. PTR Link to comment Share on other sites More sharing options...
Mike in Syracuse Posted April 4, 2009 Share Posted April 4, 2009 If the current economic conditions persist, expect more defaulting by team owners. I've heard that a number of NHL owners are in serious trouble financially -- to the point that teams could start folding at the end of next season. Gee you mean paying players $7,000,000 a year to play hockey is a bad idea. Who'd a thunk it. Link to comment Share on other sites More sharing options...
Chalkie Gerzowski Posted April 4, 2009 Share Posted April 4, 2009 And Jerry Jones need 9 figure financing for his new palace still? Link to comment Share on other sites More sharing options...
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