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Is there "another level" of football?
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<blockquote data-quote="LibertyTurns" data-source="post: 494854" data-attributes="member: 789"><p>There’s about $215M in outstanding debt which we pay about $13M/year to service. That’s a big slice.</p><p></p><p>Not sure if it’s still the case but 2020’s debt needs to be reserviced. That bond is like $25-30M. That’s going to take a chunk out of future revenue because there’s no way we’re getting the same terms as is 2012. </p><p></p><p>Someone can chime in because I think ACC network revenue kicks in around 2019. Estimates are $5M/yr at onset and as high as $15M/yr once the network matures. Hope the Finance guys have sharp pencils.</p></blockquote><p></p>
[QUOTE="LibertyTurns, post: 494854, member: 789"] There’s about $215M in outstanding debt which we pay about $13M/year to service. That’s a big slice. Not sure if it’s still the case but 2020’s debt needs to be reserviced. That bond is like $25-30M. That’s going to take a chunk out of future revenue because there’s no way we’re getting the same terms as is 2012. Someone can chime in because I think ACC network revenue kicks in around 2019. Estimates are $5M/yr at onset and as high as $15M/yr once the network matures. Hope the Finance guys have sharp pencils. [/QUOTE]
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Is there "another level" of football?
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