Lionel Messi's second season with Inter Miami kicks off tonight — yet he's already had a huge impact on the club despite only making 14 appearances last year.
Inter Miami Valuation
2023: $600 million
2024: $1.03 billion (+72%)
That means Inter Miami is now more valuable than Premier League clubs like West Ham United, Everton, Newcastle United, and Aston Villa.
Inter Miami also recently signed a stadium naming rights deal with JP Morgan Chase.
They completed a preseason tour with stops in El Salvador, Dallas, Saudi Arabia, Hong Kong, and Japan, covering 23,000 miles (!!) over just three weeks.
And the craziest stat might be that Inter Miami now expects to do over $200 million in revenue this year.
Inter Miami Annual Revenue
2022: $56 million
2024 projected.: $200 million (+257%)
Crossing $200 million in revenue would be an all-time MLS record, and others are benefitting, too.
Lionel Messi helped drive over 110,000 new MLS Season Pass sign-ups for Apple on the day of his first game, and his jersey has been on backorder for months.
This growth didn't come cheap for Inter Miami and MLS.
Messi is reportedly getting:
• $20M+ annually from Inter Miami
• An option to purchase equity in the club
• Revenue share from new MLS/Apple TV subs
• Profit-sharing from Adidas based on shirt sales
Still, the contract has unquestionably been worth it so far, even with Messi getting hurt at the end of last season and Inter Miami missing the playoffs.
The team has since added Messi's former teammate, Luis Suarez, and they are currently favored to win the MLS Cup.
So it'll be interesting to see what happens in year 2.
But regardless, the numbers are up, and Inter Miami is now one of the world's 20 most valuable soccer clubs.
(Valuation data from Forbes)
This year I spent a lot more time abroad and got used to not tipping.
Got back to the US and had sticker shock every time I had to add +20% to my bill.
So I did some research, trying to answer the question–why are we one of the few places in the world with tipping?
Imagine a bunch of white guys from Kansas or whatever as young men moving to China and joining the Chinese navy and everyone in Chinese government is like ‘ok, cool👍’
China is quietly killing over 100,000 Americans 🇺🇸 per year (where 700 American’s suffered mass shootings). Texas DPS seized 450MILLION+ LETHAL DOSES OF FENTANYL on our southern border since 2021. One LETHAL dose for every man, woman, and child in 🇺🇸. The CCP is the enemy.
@DrJesseMorse Ppl that want to kill ppl won’t change. The problem is mental health & banning guns doesnt addrss tht. the Boston bombing werent stopped & that wasn’t a gun. Criminals & terrorists will cont just in diff ways. 3D printers mk gun bans not work & wll only allw criminals to hv guns.
The White House arguing, from the podium, that it no longer believes the Fourth Amendment of the Constitution "serves the interests of the United States."
Super.
Hmm. That’s not infuriating at all. And where’s American liberalism on this? These 702 abuses aren’t just directed at politicians. They’re used for all sorts of terrible reasons, including to put people in jail using non-discoverable evidence.
Omaha man tackled one of the suspected shooters at today's mass shooting in Kansas City:
"I didn't hesitate. As I tackled him I see this weapon fall out of his hand or sleeve, he was wearing a long jacket, and I thought 'we got to hold him down.'"
I’m not sure it’s more infuriating and insulting. The fact that Tucker was smeared for being a traitor or that the media thinks Americans are too stupid to be able to critically think through a conversation and do their own research.
The closest precedent would be Soviet communism.
There too the state abetted theft on a historical scale.
But this ideology is best thought of as anarcho-communism.
Rather than forcible redistribution by a centralized state, it is chaotic looting by a decentralized mob.
@DavidBCollum Omitting the part in history about USSR initially siding with Hitler before being attacked by Germany. The acting of moral superiority is hilarious. They were willing to work with the nazis at first.
My prediction of the longer term outcome of the judge’s decision
1. Tesla will negotiate a replacement compensation plan that awards Elon exactly what the previous plan awarded. Shareholders will approve it.
2. The class action law firm will get a ~$5B fee
3. The real losers are the shareholders who get the same as we had before, minus the $5B to the law firm and also losing Tesla’s legal expenses
Thus a judge whose job was to protect shareholders interests actually harmed the shareholders