09-03-2024, 05:15 PM
(09-03-2024, 09:26 AM)BFritz21 Wrote: I don’t know if anyone mentioned this but one of my friends said he heard a rumor that the holdup might be that Mike Brown doesn’t have enough liquid money to go in an escrow account right now.
Seems unlikely but you have to remember that Mike doesn’t have the money that other owners have from outside entities and he was only worth about 925 million eight years ago.
I saw something online ( yeah, I know ) that said when someone gets a fully guaranteed contract, that money is due in full into an escrow account, like Burrow's contract was. This could mean Brown has less liquid to make another large, guaranteed contract for Chase. "Regular" contracts are just paid out as usual. And if Brown does actually have the money, getting a loan would be fairly simple, as he has a huge asset: the team. A point may be he just doesn't want to borrow money for any reason.
Then again, this may all be nothing like this, at all.
Like a teenage girl driving a Ferrari.