Phil Knight had to find a partner too in the Dodgers owner to make the original deal...Jody already has an investment group network.
He didn't *have* to, dude is worth almost 50 billion. He CHOSE to include (at least) a 2nd party, who can bring other things to the table.
You're right, he didn't "have to" but If he wanted to choose what happens when he can't function he did...he's 85.as owner he can dictate all contingencies going ahead like keeping the team in Oregon..starting a G league in Eugene..I'd say the younger guy in his 40s was handpicked as a successor if anything..he could also have a lot of other plans for his billions than just this deal..Phil has a son and a daughter but there's no guarantee they wanted part of this. I'm sure he wants to take a big shot at winning a chip now which is exciting..who wouldn't want to be part of that swing for the fences?
I think when looking at each of their financial situations individually that the Knights will own a much bigger part of the team than a controlling share. So they're bringing in an investor with experience owning a sports franchise but Knight will definitely be able to set up contengencies like keeping the team in Portland and starting a G League team. Also, as has been mentioned a lot of times the league isn't going to have the PR nightmare again that they did with the Sonics... so the team is almost certainly staying regardless of the owner.
Very true. Folks need to go back and re-read her response to the Phil Knight story. There was no ambiguity, no wiggle room. There was no room for for further discussion or negotian with Knight. The team is not for sale...period. The most likely scenario is that she is putting together her own investment group and will do everything she can (legally?) to turn away other potential buyers. You could make a good argument that she is violating her fiduciary duty as Trustee, but oh well.
And that can't be negotiation? I know it could be the truth but come on! This is classic negotiation, there are multiple bidders here so Jody and the Vulcans are trying to drive bids up to the level they think it will be at after the new TV deal and/or expansion. I think Knight goes really close to 3B and gets the team but we'll see.
I want to say for like the dozenth time that Jody and The Vulcans is the best band name ever, especially for a band out of the PNW.
I'm against the deal because the other guy is from Southern Cal. I'd like to see the owner be an Oregonian. OK, if enough of you demand it then I volunteer.
Yeah but everybody loves me. I only have one thing on my police record and that's when I got picked up in downtown Portland for being naked. See, it all happened when I went to this party. The hostess told us all to take off our clothes. Then she turned off the lights. Next she said "okay everybody, go to town". I told the arresting officer that I must be the first one there.
Smolinisky is a real estate developer. I’m sure he’d have eyes on spicing up the Rose Quarter area. It could be nice. But since Cocina Cocina there’s just nothing to do around there and that restaurant sucked. Get some bars. Do like an ESPN zone type vibe.
Phil Knight Reported $1.75 Million in Gifts to Oregon ... https://www.wweek.com › news › state › 2022/04/29 › ph... Scroll down and read the comments! We are in an Arms Race....lol
They should put some kind of glass roof between the RG and the building that houses the jack Ramsay place, make is so its usable year round. Actually, tear down the dump (the memorial coliseum) and use the windows and framework from that to build some kind of roof/rain cover over the area, and put something else at the site of the current day MC
Hell, put solar panels all around that roof, and make it green as hell. Then use the MC location to potentially build a new arena or parking or practice facility or park or landscaping place ...
