Nick

Earn It. Bears, Cubs, Blackhawks, Buckeyes. SEIYA

[Nick @TheVaderSmash]

HOMES ➡️ HAMES

Also spells SHAME 😂

[Fox News @FoxNews]

BREAKING: Trump signs order to change name of Lake Ontario to Lake America amid trade battle with Canada

[Nick @TheVaderSmash]

@MLBNetwork @jonmorosi Cubs

[Nick @TheVaderSmash]

@Monicals_Pizza A

[Nick @TheVaderSmash]

@woodyVSworld I got him in the 9th, bunch of haters in my league

[Nick @TheVaderSmash]

Thanks for putting it in play, Christopher!

[MLB @MLB]

The @Mets walk it off against Milwaukee in the series opener!

(MLB x @FirehouseSubs)

[Nick @TheVaderSmash]

@CHGO_Cubs Most of Marmol’s biggest fans passed away from cardiac arrest because he had no idea where his slider would go

[Nick @TheVaderSmash]

@thescorechicago @leilarahimi @grotesports real and spectacular.

[Humanitarian Service @HSP_Illinois]

Life Celebration Livestream Info: Floyd Kettering - https://t.co/WQ4PDy21eY

[Nicholas Moreano @NicholasMoreano]

Bears TE Hayden Large on an island with the Bengals' DE.

[Nick @TheVaderSmash]

@CHGO_Cubs I’m delusional he’ll have an extra base hit and multiple RBIs today.

[Nick @TheVaderSmash]

Do you remember when you joined X? I do! #MyXAnniversary yeesh 15 years

[Jake @EconomPic]

How do the Dodgers carry an unlimited payroll?

Filings uncovered by @NickNemo17 show roughly $1.45 billion in debt for American Media Productions, the entity behind SportsNet LA and the Dodgers' 25-year, $8.35 billion Charter deal, sitting on the balance sheets of 5 life insurance companies tied to or controlled by the Dodgers' own ownership group.

i.e. the Dodgers get a sweetheart deal on their TV rights from a media company their owners co-own, financed by insurance companies those same owners control.

Because ownership sits on both sides, as borrower and lender, the setup functions as a closed loop:

-When RSNs hit turbulence, banks enforce covenants or force restructuring. Here the lenders are insurers the owners manage, so the capital stays patient and cash flow to the team never gets choked.
-MLB taxes net local revenue at 34% but allows deductions for debt service and interest tied to running the network. Carrying $1.45 billion in media debt on AMP's balance sheet generates interest expense that shrinks reportable net TV income and the resulting revenue-sharing bill.

Then there's the payroll itself. Over $1 billion of it is deferred, owed to 9 players through 2047. Pushing that cash out frees up money today, some of which is going toward servicing that same debt, and kicks the actual bill to a stretch of decades many of today's owners won't be around for.

LA built a (seemingly illegal) structure that captures its own interest yield, shelters TV income from league revenue sharing, and helps fund payroll dominance in the process.

[Rob Friedman @PitchingNinja]

Matt "Tugboat" Wilkinson Little League vs. Major League Mechanics.

[Peter Meijer @PeterMeijer]

A Community Notes story in four acts.

[Nick @TheVaderSmash]

@AdamSchefter

[OBVIOUS SHIRTS® @obvious_shirts]

Hired.

[Nick @TheVaderSmash]

@brianbatescomic The best special @brianbatescomic put out with @nateland_ent

[Nateland Entertainment @nateland_ent]

‘Worried’ premiere is LIVE. Tune in.

🔗 https://t.co/z6Kf8mk7HL

[Nick @TheVaderSmash]

@brianbatescomic @grok

[Fox News @FoxNews]

BREAKING: Health and Human Services Secretary Robert F. Kennedy Jr. announced that the Centers for Medicare & Medicaid Services is putting a hold on more than $1 billion in Medicaid funding to California and Minnesota over concerns of possible fraud and noncompliance.