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Is there "another level" of football?
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<blockquote data-quote="LibertyTurns" data-source="post: 495444" data-attributes="member: 789"><p>Agree but $900k barely rings the register when you’re talking 9 figures. It’s like making an extra mortgage payment on your house when you’re 5 years in. You still owe another 299 payments. </p><p></p><p>What we will likely do if we can is take our bonds and stretch them over a longer time frame so each year the debt service is less than it is now. Our timing is poor though because interest rates are rising so you don’t get the leverage out of that move that you got 5 years ago when we did it last. Other bad news is if we’re trying to free up cash to spend, we can’t take on a bunch of new debt which makes that vanish. That’s why Stansbury’s after thee $125M.</p><p></p><p>Unfortunately we leveraged hard & either we were so far in the tank compared to the competition after the 90’s (mostly likely) or we squandered it (mostly unlikely). Similar analogy is like the Russians tried to do in the 80’s. They were rotting from within & Reagan unleashed a massive amount of defense spending. They spent everything they had to maintain relevancy, failed & lost significant ground strategically. Sound familiar?</p></blockquote><p></p>
[QUOTE="LibertyTurns, post: 495444, member: 789"] Agree but $900k barely rings the register when you’re talking 9 figures. It’s like making an extra mortgage payment on your house when you’re 5 years in. You still owe another 299 payments. What we will likely do if we can is take our bonds and stretch them over a longer time frame so each year the debt service is less than it is now. Our timing is poor though because interest rates are rising so you don’t get the leverage out of that move that you got 5 years ago when we did it last. Other bad news is if we’re trying to free up cash to spend, we can’t take on a bunch of new debt which makes that vanish. That’s why Stansbury’s after thee $125M. Unfortunately we leveraged hard & either we were so far in the tank compared to the competition after the 90’s (mostly likely) or we squandered it (mostly unlikely). Similar analogy is like the Russians tried to do in the 80’s. They were rotting from within & Reagan unleashed a massive amount of defense spending. They spent everything they had to maintain relevancy, failed & lost significant ground strategically. Sound familiar? [/QUOTE]
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Is there "another level" of football?
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