BillEsq wrote:and as to what we paid the BEFBS for. I don't think it was for the rights to MSG per se. I think MSG has a clause that it can cancel the deal anyways. I think that it might have been more like a non-compete . Something more like we will pay you 5 million to not challenge our right to play at MSG.
Granted this is all just speculation on my part. Don't quote my number and i have not reviewed any of the pertinent contracts. Its just based on my knowledge on contracts and negotiations plus the information i have gathered on the what the deal is worth it is what i would have done or suggested to my clients.
Obviously if any of the facts change you could easily come up with a different conclusion. If you have access to any of these facts... you have been holding out on the board and i request that you divulge any facts that you know ASAP.
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