Faced with mounting financial losses that triggered cost-cutting throughout the organization, The Post has learned that Nets owner Bruce Ratner is actively investigating the feasibility of selling the team, despite a decidedly down seller’s market, multiple team and league sources said.
Reaching for the rip-cord!
“After this year, the Nets will have one of, if not the, lowest payroll in the league, which could make them attractive,” said one source associated with the team. “That they’re trying to sell is not even an issue any more.”
“They’re up for sale,” a minority ownership source said flatly.
How many Retards brought Brownstones in Brooklyn because of Atlantic Yards?
All of them!
“A critical component of the Brooklyn move will be the sale of an estimated $650 million in tax exempt bonds before a Dec. 31 deadline. The Empire State Development Corp. hopes to start issuing the bonds in September.”
Dec 31, 2009 the world will be in Meltdown Mode!
The Nets have reduced their office workforce by approximately 25 percent. Most non-basketball employees have faced Friday furloughs in the summer, reducing their pay by 20 percent. Assistant coaches accepted significant pay cuts in order to keep all of them employed — rather than see one lose his job, the four remaining assistants on coach Lawrence Frank’s staff agreed to salary reductions equal to the cost of one salary. The Nets thus far have been mute in free agency.
AY has no effect on Brooklyn prices outside of probably the immediate 4-5 block radius, if that.
You say you’re a broker and the be-all-and-end-all as far as real estate knowledge.
PWNED
I know I should stop, but I’m bored, so what the hell…
What does defending a crashing housing market have to do with AY?
if not for DH telling me about imeem.com, I would be napping too.
ROTFLMMFAO…I had never even heard of all this AY crap until well after I bought my ghetto money pit.
So here’s one data point where you’re wrong, WHAT.
“Ummmm…what???? And what data are you basing that on?”
All of the dumbasses who defend crashing housing markets. The greed delusion and denial is something to behold!
The What
Someday this war is gonna end..
“How many Retards brought (sic) Brownstones in Brooklyn because of Atlantic Yards?
All of them!”
Ummmm…what???? And what data are you basing that on?
Hiya Retards it’s getting good..
It’s all over but the F****ing crying..
SOURCES: RATNER LOOKS TO SELL NETS
http://www.nypost.com/seven/07242009/sports/nets/sources__nets_ratner_looks_to_sell_team_181058.htm
Faced with mounting financial losses that triggered cost-cutting throughout the organization, The Post has learned that Nets owner Bruce Ratner is actively investigating the feasibility of selling the team, despite a decidedly down seller’s market, multiple team and league sources said.
Reaching for the rip-cord!
“After this year, the Nets will have one of, if not the, lowest payroll in the league, which could make them attractive,” said one source associated with the team. “That they’re trying to sell is not even an issue any more.”
“They’re up for sale,” a minority ownership source said flatly.
How many Retards brought Brownstones in Brooklyn because of Atlantic Yards?
All of them!
“A critical component of the Brooklyn move will be the sale of an estimated $650 million in tax exempt bonds before a Dec. 31 deadline. The Empire State Development Corp. hopes to start issuing the bonds in September.”
Dec 31, 2009 the world will be in Meltdown Mode!
The Nets have reduced their office workforce by approximately 25 percent. Most non-basketball employees have faced Friday furloughs in the summer, reducing their pay by 20 percent. Assistant coaches accepted significant pay cuts in order to keep all of them employed — rather than see one lose his job, the four remaining assistants on coach Lawrence Frank’s staff agreed to salary reductions equal to the cost of one salary. The Nets thus far have been mute in free agency.
Ker-Boom!!!!!!
The What
Someday this war is gonna end..
OK, back from lunch…I’ll check out the BS place.
Amen Rob…if I thought I could get away with it, I’d totally take a nap right now. And my foot is
killing me 🙁 I WANNA GO HOME!!!