07-22-2022, 03:19 PM
While they might not have the cash on hand to put guaranteed money into escrow, they can easily get loans to do so. The field naming rights would probably come close to covering the interest.
I doubt even the richest owners are plopping their own cash into escrow. They are most likely getting loans as they would pay a lower interest rate from a loan than what that money would make in the market. Rob Walter may be worth $60 billion, but he doesn't have $60 billion sitting in the bank.
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I doubt even the richest owners are plopping their own cash into escrow. They are most likely getting loans as they would pay a lower interest rate from a loan than what that money would make in the market. Rob Walter may be worth $60 billion, but he doesn't have $60 billion sitting in the bank.
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