"Inching closer" to getting the JaMarr Chase deal done

[Luvnit2]

(Yesterday, 01:48 PM)SunsetBengal Wrote: You don't think that they spend from that team account every year? It's not like they can just sock away the money and pretend it doesn't exist, they have to keep spending to keep the team going.

The numbers I am projecting (I am not close to having all the data) is after taxes and after payment of debt.

Yes to your earlier post, the cash on hand is accumulation of many years. The one key is aroundthe early 2000's they had to borrow money to buy back the stock ownership owned by non familiy members. I am fairly certain those loans were paid off. I am not sure the % of ownership thay bought back, but the family now owns all of the stock which is huge.

To have a net worth of over 5 billion, the team needs massive profits and extremly high cash flow with minimal debt. My guess is they have all 3.