Justin

Accounting & Finance Professional, Legal Advisor, Golf Hobbyist, Home game Investor, Sports Enthusiast, Pearl Jam Fan

[Evan @OhChev]

Recorded a New Threads 2.0 debut video, live on the main channel later 😁🙏🏼

[Justin @PearlJamJV]

@TrentMLBTheShow Umm… those screenshots are using true overall which are not a good determination of card performance. Redo those charts with meta overall and see what changes

[Mills @MillsTwitch]

It's literally been this for decades. But when you add in the the user can see the whole field on offense and defense it becomes too easy for SOME users (which is why All Madden/Heisman exist).

Both can be authentic.

[Nate @natebjones]

this is good general advice

[Evan @OhChev]

Debuting these three...uh lovely individuals!
Live now! 🔥👾

[WSOP - World Series of Poker @WSOP]

This is a hand Feng will remember for the rest of his life.

Final 5 of the Main Event. Every all-in worth millions.

[Justin @PearlJamJV]

@OhChev How is this card a 99? 125 Discipline and 125 Durability?

[Evan @OhChev]

George Lombard Jr. debut! New Ranked Season! Let's cook!

Live now👾🔥

[Monitors Unboxed @MonitorsUnboxed]

Hello everyone! We've created a dedicated account here for Monitors Unboxed and monitor content.

[Metabolic Factor @MetabolicFactor]

Your glutes don’t grow from doing random workouts.

They grow from doing the right exercises consistently.

If your goal is a rounder, stronger, more defined lower body, save this thread. 🍑🧵👇

[The r/BillSimmons Podcast @rBillSimmonsPod]

There is one reason and one reason alone why the Dodgers are signing all the top players. Read below for the details:

The Dodgers are the only team in MLB that is not impacted by cord cutting. Cord cutting is when someone drops the cable TV bundle, meaning they no longer pay a monthly fee of $80-$100+ to Comcast, DIrecTV, YouTube TV etc. That money then gets paid to the content owners. Regional sports networks can be anywhere from $3 to $10 of that monthly bill, which is why YouTube TV dropped them for being too expensive.

The reason why cord cutting is so detrimental to regional sports networks is because their fees have to be extremely high in order for them to pay for escalating contracts signed years ago. This means 90%+ of channel revenue is from these fees called carriage fees, as compared to a more 50/50 split for non-regional sports channels. When cord cutting is around 10% annually, this means that these channels, even with price hikes, are seeing revenue decline every year, at the same time the fees to the teams for the rights to the games escalate. Lower revenue + higher costs = bankruptcy risk, which is exactly what happened with Diamond Sports (Bally's Sports owner).

MLB teams usually have one of two regional sports network arrangements. Some simply sell their rights to the highest bidder on a long-term contract. Think of the NBA's recent deal, but on a smaller scale and with one partner. Other teams own some or all of their regional sports network, wherein the team ownership benefits from owning the network and making money. However, their incentive here is not aligned with the team, which wants to make the most money on their rights fees. To better align incentives, often the team owns a % of the network. This creates a balance between a high fee to the team for rights, but not too high where the station can't make any money.

The big market teams, obviously, make the most money from these deals. They both have more fans and can charge a higher carriage fee to the video distributors. However, they are not immune to cord cutting issues. Take the New York Yankees. They own 26% of YES Network, the highest % out of several minority owners including investment firms and Amazon. These investment firms want the network to be profitable. YES Network, in 2013 - notably before cord cutting - signed a 30-year, $5.7 Billion deal to show Yankees games. While that is great for the Yankees, if that deal becomes unprofitable for the network, the 26% ownership could end up being worth nothing and in bankruptcy the team may be forced to accept lower payments. If cord cutting continues, regional sports networks bankruptcies could increase beyond the Bally's networks.

The Dodgers have a unique regional sports network deal that has two advantages over every other team. First, the deal is the largest. It was signed in 2014 at the absolute peak of cable TV. The Dodgers are getting $8.35 Billion over 25 years, or $334 Million annually. That compares to the Yankees at $190 Million annually and most teams around $100 Million. We can also compare it to the Mets: They signed a 25-year, $1.3 Billion deal in 2006, which amounts to $54 Million annually. They do have the benefit of owning 65% of SNY, but that doesn't make up for the massive $ differential.

The second advantage is the one most unique to LA and why they are able to outspend everyone. Their rights deal, because of the team and time it was up, was extremely competitive with many bidders. This resulted in not only the high-$ fee, but something entirely new in the business: Time Warner Cable, which won the deal, agreed to cover subscription fees from other video distributors even if those operators didn't carry the new network. They assumed they'd be able to get the other distributors on board, but most balked at the extremely high price the channel demanded to even break even on the high rights fee. Time Warner Cable was later sold to Charter Communications, the #2 cable company in the country with 30 million Internet subscribers. They generate over $50 Billion of revenue and $20 Billion of earnings annually, and long ago wrote off the annual losses they take from paying out the extremely high fees.

So, through the end of the contract in 2038, cord cutting simply does not impact the Dodgers. They are guaranteed the highest annual rights fee, by far, from a network inside of a massive cable company that derives their earnings from selling internet, not owning cable TV channels. This monetary advantage is why the Dodgers are going to be able to offer the highest $ amount for any free agent they want. The good news for the rest of MLB is that this ultimately will come to an end, in 2038. The bad news? The Dodgers know this, and thus the best way to help ensure a prosperous reign for the franchise beyond 2038 is to spend now to win as much as possible and create a winning legacy, memorable players, and as many Dodgers fans as they can.

[Ryan Paganetti @RyanPaganetti]

1 in 41.8 million.

Using Aaron Schatz’s Adjusted Games Lost rankings, here is where the 49ers ranked in regular season injury burden each year:

2008: 6th healthiest
2009: 9th healthiest
2010: 4th healthiest
2011: 8th healthiest
2012: Healthiest

2013: 10th most injured
2014: 5th most injured
2015: 7th most injured
2016: 9th most injured
2017: 10th most injured
2018: 7th most injured
2019: 6th most injured
2020: Most injured
2021: 4th most injured
2022: 9th most injured
2023: 4th healthiest
2024: Most injured
2025: 5th most injured

The 49ers ranked among the NFL’s 10 healthiest teams for five consecutive seasons from 2008 through 2012.

Odds of that occurring in independent random rankings: approximately 1 in 336.

They then ranked among the NFL’s 10 most injured teams in 12 of the next 13 seasons.

Odds of that occurring in independent random rankings: approximately 1 in 124,640.

Odds of both sequences occurring consecutively, assuming every season is an independent random draw:

Approximately 1 in 41.8 million.

This is not a statement implying causality whatsoever.

What, if anything, materially changed between 2012 and 2014?

[Evan @OhChev]

genuinely what is going on with this "competitive" tournament?

where is the coordination?

the communication?

something resembling an official central/main broadcast????

were there mass layoffs prior to 26? I cant wrap my head around what has gone on this year.

[The Vigilant Fox 🦊 @VigilantFox]

Bill Maher’s audience audibly gasps when he reads what the Democratic Socialists of America are actually saying out loud:

MAHER: “Trump has told 1 trillion lies, but when he says the DSA are actually COMMUNISTS, that’s not one of them.”

“And it’s not hard to prove it just by quoting the DSA and their candidates.”

“J.D. Vance was on the show, and I told him that if the Democratic Party keeps going in the direction of the DSA, my vote was in play. And all I heard all vacation was, ‘Oh, my God, you’re a Republican now.’ No, that's not what I said. I said in play, and here’s why.”

“Because not a week goes by where I don’t read about some newly chosen, exciting new face in the Democratic Party. And then when that face opens its mouth, the Communist Manifesto or some other crazy shit comes out! Again.”

“Let’s just read the quotes. The DSA platform says: ‘You work as much as you are able and no more than needed.’ If that was any closer to Karl Marx’s dictum, from each according to his abilities, to each according to his needs, they’d be sued for plagiarism.”

“New York Mayor Mamdani once tweeted, Karl Marx’s words exactly. They’re not trying to hide it. Their most popular influencer, Hasan Piker, thinks communism is so groovy, he laments the fall of two of the most murderous regimes in history, the Soviet Union and Chairman Mao's China.”

“Mamdani's aide, his top aide, Cea Weaver, said, ‘If you don't believe in the government's sacred right to seize property, it's over.’ And ‘impoverish the white middle class.’ What? That's a goal? You know you're supposed to scare people into voting for you, right?”

“One of the new, soon-to-be Democratic congresspeople, Darlesia Chavalier, supports seizing all properties from landlords and said, ‘Seize the means of production.’ Mamdani has said ‘The end goal is seizing the means of production.’ I think they want to seize the means of production.”

“Now, maybe you missed that in school or missed school altogether, but THAT'S COMMUNISM.”

“Now the coalition within the DSA called the Marxist Unity Group is in ascendance. And I must take them at their word. When their words include, ‘Our commitment is to the long-term struggle for a fully liberated classless society. In a word, communism.’”

“What do they have to do, tweet out ‘Elect more communists’? Oh, yeah, Cea Weaver did that.”

[Shows tweet, audience audibly gasps]

“Yes, [she really did that]! ... People gotta realize this is going on.”

[Evan @OhChev]

Weekend Classic game 1! Let's lock in!
Ray Durham debut!
Live now 👾🔥

[Ryan Paganetti @RyanPaganetti]

Listen to Jim give his thoughts on:

Browns experience
1 high vs 2 high trend
Big Nickel D
Rams 13 personnel
Specific calls in Super Bowl against Brady
Leaning on what you are good at
Keeping up on what other DCs are doing
Several more awesome topics

Football heaven

[Mission Valley Mafia @MissionVlyMafia]

The Dodgers aren’t special, they aren’t “the best run organization in baseball” They have a special deal from MLB that enables them to financially cheat and spend nearly twice what any other team could

All of the breathless complimenting of the Dodgers completely ignores that the Dodgers are only able to spend like this because MLB gave them a special TV carveout after the McCourt Bankruptcy

They are the only 1 of 30 MLB teams that doesn’t have to fully share their TV revenue

They also happen to have the largest local TV contract

This is the only reason they can spend like they do

MLB created this entire situation and sees an opportunity to use it to finally try to get a cap

We don’t need a cap, all MLB needs to do is revoke this settlement and nationalize all TV Rights. Just stop giving the Dodgers the ability to cheat

Any team can be great when you have enough to spend that you can burn $110M/yr in salary and luxury tax on Kyle Tucker while he has the worst season of his career and not feel it.

They have Snell, Glasnow and half of their most expensive pitchers injured now for more of the season than they’ve been healthy and haven’t even noticed

This is all because MLB gave them a special deal on their TV rights no other team gets

Not Because Dave Roberts and Andrew Friedman are geniuses

[Justin @PearlJamJV]

@DrKristieLeong 🔥

[NoLimit @NoLimitGains]

NOBODY TELLS YOU HOW TO ACTUALLY BEAT THE S&P 500.

SO HERE IT IS.

(Write these down. Save them. Screenshot them.)

1: Buy quality only when it trades below its 200 week moving average.

[Froggy D. Luffy @FroggyDLuffy]

Bro this actually makes so much sense.
probably the best #Obsession theory I've heard so far

What y'all think?