spartacus

[spartacus @spartacusLXIX]

@NFL_DF nico is not at all that guy

[Shane Haff @ShaneHaffNFL]

The Eagles have an elite OL and Jalen is propped up by his weapons… except for the highest pressure rate allowed by Philly in 17 years. And Saquon was hurt. And Goedert was hurt. And AJ is gone.

But other than that, yeah…

[spartacus @spartacusLXIX]

@KutterIsKing batman is nothing without the joker

[Pranav Sriraman @PranavSriraman]

😭😭😭😭😭😭😭

[spartacus @spartacusLXIX]

@SwimPoppy865 @benlikessport this is a good perspective and way to reason with it

[spartacus @spartacusLXIX]

@blaiden if man!

[spartacus @spartacusLXIX]

@blaiden he just walks em down

[spartacus @spartacusLXIX]

@MIK3MCDANIEL

[spartacus @spartacusLXIX]

@ghetto_gronk this is so stupid

[Isaiah Walker @walkeri141]

"The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command"

[spartacus @spartacusLXIX]

@KingJames @Polymarket

[Pablo Torre 👀 @PabloTorre]

Accountability for the wealthiest people on Earth is hard to come by.

Thank you for believing in the power of independent journalism to accomplish it.

(And, yes, more to come.)

https://t.co/xi8BD3MCzv

[spartacus @spartacusLXIX]

@hoodg3nius shut that shit up

[spartacus @spartacusLXIX]

@STARPL4T1NUM your life has changed, my favorite leo performance

[spartacus @spartacusLXIX]

@victimphilly @mccrystal_alex exactly, we got the balls to play in october

[Philadelphia Eagles @Eagles]

Lettin' it fly

[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.

[spartacus @spartacusLXIX]

@MLB that was beautiful

[spartacus @spartacusLXIX]

@TJStats mason miller here is amazing

[spartacus @spartacusLXIX]

@sponhourm i feel like afc chip to them would be even more pressure