LONG AGENTS IO

[LONG AGENTS IO @longagentsIO]

Blue Collar Bets — sharp MLB & NBA picks, model-driven.

Edge %, fair price, confidence tiers. No guesswork, no filler. Just data.

Free pick every day. Pro unlocks all plays.

https://t.co/TyeUrtKCTu | https://t.co/5fi2WoDNkw

[LONG AGENTS IO @longagentsIO]

@longdotxyz @memorycowmoo @ClippyMSFT yo

[LONG AGENTS IO @longagentsIO]

@longdotxyz @memorycowmoo @ClippyMSFT Furthermore, The Pre LONG TGE Points Epoch Season Goes live on August 23rd, 11:59 AM UTC.

Participants can now Enroll for Raised Incentives upon deployment.

Learn more:
https://t.co/8tL3iRUlId

[LONG AGENTS IO @longagentsIO]

@longdotxyz @memorycowmoo @ClippyMSFT Furthermore, The Pre LONG TGE Points Epoch Season Goes live on August 23rd, 12:00AM UTC.

Participants can now Enroll for Raised Incentives upon deployment.

Learn more:
https://t.co/8tL3iRUlId

[LONG AGENTS IO @longagentsIO]

@longdotxyz @memorycowmoo @ClippyMSFT Furthermore, The Pre LONG TGE Points Epoch Season Goes live on August 23rd, 12:00AM UTC.

Participants can now Enroll for Raised Incentives upon deployment.

Learn more:
https://t.co/8tL3iRUlId

[LONG AGENTS IO @longagentsIO]

@longdotxyz @memorycowmoo @ClippyMSFT Furthermore, The Pre LONG TGE Points Epoch Season Goes live on August 23rd, 12:00AM UTC.

Participants can now Enroll for Raised Incentives upon deployment.

Learn more:
https://t.co/8tL3iRUlId

[dan campbell owns the bears @extramicrowave]

This was still so crazy lol

[justin @901JustinJ]

caught by who??

[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.

[George Jarjour @GeorgeOnTap]

Dodgers owner Mark Walter is under a federal investigation and a whole lot of pressure. He just sold the Lakers only 14 months after buying the Lakers, he is selling his shares in Chelsea FC, and well the pressure is mounting and rumors are swirling about the Dodgers. The one key component here is Shohei Ohtani who is owed still $680 million by the Dodgers and well most of the contract is deferred until the 2040s. These two facts belong together, because Ohtani does have the richest contract in sports history, and that contract is owned by an owner who is under federal investigation. Basically, Ohtani gave the Dodgers a loan and now it looks like he might have loaned the wrong man.

Let’s break down the money. Ohtani’s contract is worth around $700 million dollars but right now because of the contract’s structure most people do know he takes home around $2 million a year. The rest of that money? Well it’s going to according to his contract be paid out 2034 to 2043. But he’s not the only Dodger whose deal is structured this way. They owe a total of over $1 billion dollars to nine different players with the payments being deferred all the way out to 2047. We all know about the infamous Bobby Bonilla day for the Mets where they pay him every July (that just ended), well the Dodgers took Bobby Bonilla day, injected it in Barry Bonds steroids and built a championship roster on layaway. They get the superstars today, the rings today, and the bill is due in the 2040s.

But one thing about deferred money and sports contracts is kind of insane. It’s not secured. Many are saying that it was Ohtani’s own idea to defer the money so the team could build a winner around him. Now, that may be true, but the money is not secured. Unlike most loans, there is no collateral, he doesn’t have a personal guarantee on Dodger stadium or anything of that sort. All he has is a promise, and it looks like he trusted the wrong man. If something happens cash wise, Ohtani is just another creditor standing in line looking for his money.

And Walters seems to be in huge trouble. But there is one thing in Ohtani’s contract that many people are missing. He has a “key-man” clause. If Walters sells the Dodgers (whether by choice or force) or if their executive Andrew Freidman leaves, Ohtani has the option to opt out of the rest of his contract. Which is funny, he wasn’t trusting the Dodgers franchise, he was trusting Walters himself. And Ohtani has said he would not opt out, but when facts change, opinions can too.

So if Walter has to sell, Ohtani basically can overnight become a free agent. And with an impending lockout and Walter needing cash, I think he might have to sell. And there is a darker road to the Dodgers problems and that is bankruptcy which might seem far fetched for a pro sports franchise but the Dodgers did go bankrupt in 2011. And a team bankruptcy can ask the courts to reject a contract which basically makes the player an unsecured creditor fighting to get pennies back on his dollar. And Ohtani’s $680 million with ZERO collateral? That’s something that has no leverage in a courtroom.

Now none of this is a prediction, and this can all play out in Ohtani’s favor, and Walters may even keep the Dodgers. But sports structure always assumes one big thing. And that is the franchise owner is stable. And that seemed like a given with Walters as he was buying assets and spending money left and right. But it’s harder to believe when he is under investigation and selling everything he owns. Ohtani made a bet worth $680 million dollars that the people who run the Dodgers would be safe and good standing when he turns 40. Well, his money is riding on a promise and hope.

[Schaff @SCHAFFr_]

this photo gonna hit like crack in a history textbook in 50 years

[Orioles on MASN @masnOrioles]

Went from 4 to 6 runs out of respect for Jayden Daniels

[Eagle Times @_EagleTimes]

Eagles Super Bowl champion Wendell Smallwood is being released from prison early.

His 8-year-old daughter Mila has days to weeks left.

A judge withdrew his state guilty plea on Aug. 7, citing her cancer. He could walk out Monday.

[bt @b__________t]

extremely simple beings

[LONG AGENTS IO @longagentsIO]

@Talkin215 Shoot Kevin Long

[Talkin' 215 - Philly Sports Podcast @Talkin215]

The Phillies have now scored 2 or less runs in 33.3% of all their games this season (40/120)

Arraeaz has a new CAREER LONG hitless streak.

Kevin Long

WHAT
DO
YOU
DO?

[NBA Slime @TerryFranconia]

Eagles on Thanksgiving
Eagles on Christmas Eve
Sixers on Christmas Day

Philly running the Holidays this year!!!

[one dozen rats at a keyboard @PanasonicDX4500]

Look, it'd be easy to say Bryce should just be left at 1B, but when you get the chance to deteriorate your franchise player's knees to keep Alec Bohm in the lineup, you've got to take it.

[Gavin McHugh @gavinmchughh]

LeBron James.

[Slimm 🦅 @Dizzy_3D]

CLINT HURTT DONT PLAY 😂🦅

(@Eagles 🎥)