LC

[LC @Jevi_Leans]

The entire 🌎 interested
🍿2,5,10🦍

[20 Years Ago Sports @20YearsAgoSport]

A good pitching matchup today in Cleveland between the Tigers and Indians.

Detroit, who has the best record in baseball will send rookie Justin Verlander to the mound to face off against the Indians ace C.C. Sabathia

[West Virginia Football @WVUfootball]

The time has come.

We’re retiring 5⃣.

[Backyard Sports @_BackyardSports]

IT'S TIME TO PLAY LIKE A KID. WHO IS READY FOR JULY 9TH? ⚾️

[LC @Jevi_Leans]

This that 05’ @Steve23Slaton , @coachpatwhite , @OwenSchmitt35 3OT DUBv. Louisville vibbbbbbe

[Barstool Sports @barstoolsports]

WVU walks it off & has the entire stadium singing Country Roads

Chills

[Channing Frye @channingfrye]

It was me in the corner

[Bron’s Best @LBJsBest]

The way LeBron moved back then seems even crazier now 😭😭

[Paul Branham @BoilerPaulie]

Allow me to translate this letter from eBay for those who don’t speak legalese:

Ryan,

We got your unsolicited offer to buy eBay for $125/share (half cash, half stock) supported by your 5% economic interest in eBay.

Our board, backed by the usual crew of bankers and lawyers who get paid either way, “thoroughly reviewed” it.

We’re rejecting it. Not because the math doesn’t work. Not because the highly confident letter from TD Securities for up to $20B on top of your $9B+ cash pile is fake. None of that.

We’re rejecting it because your entire approach to running a company is an existential threat to how we like to operate here.

Here are the reasons we feel this way, and the things we considered before paying consultants to write this:

1) We’d rather keep milking eBay as a “standalone” cash cow than let you turn it into something bigger and better.

2) Sure, you’ve got real financing lined up and you “know people” with deep pockets, but we’re going to call it “uncertain” anyway so we don’t have to engage.

3) Your plan would actually force real long-term growth and profitability changes we’d rather not be held accountable for.

4) The debt we pretended you can’t even obtain, the operational integration and focus on seller satisfaction, and most importantly, putting someone like you in charge of the combined entity all sound like a nightmare for our current leadership structure because all of us would have zero job security.

5) The valuation math only looks bad if you ignore the 46% premium you’re offering our shareholders and the upside from fixing eBay the way you fixed GameStop, which we are choosing to do and hoping nobody notices.

6) And I hope we buried the lede far enough here: Your governance and executive incentives are completely incompatible with ours. You and your board take zero cash, no salary, no bonuses, no golden parachutes. You buy shares with your own money and only get paid if shareholders win. We, on the other hand, like our nice, reliable annual payouts regardless of whether the stock is flat or the company is just coasting. We’re not about to hand over our golden goose to a guy who eats only what he kills.

Look, eBay is “strong” and “resilient” in the way every entrenched public company says it is while handing out eight-figure checks and perks to the C-suite. We’ve done the usual incremental stuff: tweaked the marketplace a bit, returned some capital, and we’d like to keep doing that without any cowboy from GameStop coming in and demanding actual skin-in-the-game accountability. Can you just leave us alone?

Our team remains focused on protecting the current regime and delivering “value”… mostly to ourselves and our consultants.

Thanks, but no thanks,

Paul S. Pressler
Chairman of the Board, eBay
(And proud beneficiary of the status quo)

[unusual_whales @unusual_whales]

Ryan Cohen of GameStop, $GME, was asked how the "math math's" for $GME to acquire eBay, $EBAY.

[Dalvinthetruth @dalvinthetruth]

Now we know why they spammed the wrist up after that fumble 🤣🤣 Shedeur a savage

[James @mountaineerjdub]

Told yall.

#WVU football … 📈📈📈📈

[MLB @MLB]

19 days ago, the @CleGuardians were 11 games back in the AL Central.

Tonight, they're TIED for first place!

[Myles Garrett @Flash_Garrett]

🏠 🏟️

[LC @Jevi_Leans]

@MaryKayCabot You’re toxic to Cleveland. You thrive on negativity.

[Bastien Fachan @BastienFachan]

Tiger Woods. Rory McIlroy.

The only two men in the last 50 years to complete the Career Grand Slam.

As the prophecy foretold ✨

[Tour Golf (not PGA Tour) @PGATUOR]

Have to love this from Shane Lowry 💯

[John Fanta @John_Fanta]

“You don’t get down when things go wrong. You dig in and get tougher. Your whole life’s gonna be adversity. Learn how to deal with it.”

This clip from Vice’s “Pitino: Red Storm Rising” gives an inside look at how Rick Pitino gets through to his guys:

[OurSF49ers @OurSf49ers]

Unreal that De'Vondre Campbell walked off the field and QUIT on his team 😡

[Jeffmlbdraft @jeffMLBdraft]

In 2007 the then Cleveland Indians lost a 2nd Round to sign Roberto Hernandez who was entering his age 42 season. The pick ended up being 77th over all. The player taken 76th was Giancarlo Stanton and the player 78th was Freddie Freeman