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Everything posted by southsider2k5
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Ownership breakdown: ishbias 35%, Reinsdorfs 50%
southsider2k5 replied to bmags's topic in Pale Hose Talk
I personally believe that Jerry has two things on his mind. #1, minimize the tax hit for transfering the Sox and Bulls eventually. #2, personally pick his successor. As to #1 Keep in mind, and take this grain of salt, because so many of these reports have been completely wrong, but if he really wants to sell the Sox after his death, the ONLY way to minimize the tax hit to for them to be sold UPON his death. If they transfer to anyone else, the price resets, and a tax implication on gains starts to build. If it happens upon his death, then the estate only faces inheritance taxes on the gains, because then the price resets to the price upon inheritance, meaning no gains. So in other words on death he pays taxes based on a $19 million purchase price to say the $2 billion price of today. If immediately sold to someone else, they are still worth $2, and there are new gains. If Michael (or anyone else) takes ownership they start a new tax line at $2, and if they later sell, they again pay taxes on the new gains from $2 and up. Having a new purchaser in the queue upon his death is the single most important thing here if the historic reports on disposing of the team and saving on taxes as much as possible are true. On #2, we know Jerry is a power guy. He always has been. He has tried to pick each commissioner and takes a special pride in turning down owners he doesn't think are good for the game. There is zero chance he will leave his OWN franchise to chance. Not only are his wishes known, I would bet all of gregs houses that his plans are already underway, they are written down, and know to those who need to know them. If it is Ishbia, it is him. If it is Hodson, it is her. If it is someone we have no idea about, those people already know. It makes logical sense that the dude who is now up to 35% ownership IS the guy who is buying Jerry's shares upon his death (otherwise, why?), it does make sense that they also have a control succession plan. Whether that is death, or something sooner, who knows. We all know Jerry will absolutely lie to the media to control a narrative, and feed complete BS to his people to further whatever story he is telling at the time. I do vibe with the idea that Jerry is sticking around long enough to do the dirty work for the stadium and TV deal, but who knows what the truth actually is. -
So your flex is that the worst team in baseball didn't hit, and committed a key error to lose a game they didn't have to lose and that is supposed to be some sort of in your face moment? Dude that is literally the reason everyone is so pissed off. People have been watching exactly that on the field for years and are sick of it. I think you finally discovered the point.
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Ownership breakdown: ishbias 35%, Reinsdorfs 50%
southsider2k5 replied to bmags's topic in Pale Hose Talk
Right. There is an existing agreement which probably exists in perpetuity, even when those shares are transferred or sold. -
Ownership breakdown: ishbias 35%, Reinsdorfs 50%
southsider2k5 replied to bmags's topic in Pale Hose Talk
Right, because this franchise is so stable right now with Jerry having the worst product in the history of MLB on the field, plus no TV or stadium deal off of it along with the lowest attendance in over 35 years. Jerry has destroyed this franchise all by himself. -
Ownership breakdown: ishbias 35%, Reinsdorfs 50%
southsider2k5 replied to bmags's topic in Pale Hose Talk
All deals like this have a survivability clause for this reason. -
Ownership breakdown: ishbias 35%, Reinsdorfs 50%
southsider2k5 replied to bmags's topic in Pale Hose Talk
Which would be stupid, because they then get taxed twice. Once on the inheritance and then again on the sale adjusted price. -
Ownership breakdown: ishbias 35%, Reinsdorfs 50%
southsider2k5 replied to bmags's topic in Pale Hose Talk
Ah yes, and then who moved them all to pay television? Ah yes that private equity guy. -
Ownership breakdown: ishbias 35%, Reinsdorfs 50%
southsider2k5 replied to bmags's topic in Pale Hose Talk
This has to come from the White Sox. -
Andrew Vaughn is Officially a Bust
southsider2k5 replied to WookiesOnRitalin's topic in Pale Hose Talk
At the end of the day, the Sox missed on pretty much every single non-pitching draft pick in the last decade. While the blame can somehow point to scouts as much as convenient, but at some point, the dev has to pick up something. We have had all kinds of consensus first round picks and top prospects, and they all have failed. There are like no wins here, which should be a red flag. -
Cool. You eat up the fluff pieces, I will wait for results.
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Times are tough all over.
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Nah, shut up and in get the gratitude line for all of the great things they have done for us Sox fans the last few years. SHUT UP AND BE HAPPY RIGHT NOW!
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And here is the same Chris Getz story from 2020. https://www.nytimes.com/athletic/1566148/2020/01/28/what-the-white-soxs-next-stage-of-player-development-looks-like/
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So while who takes credit for Garrett Crochet rages on these pages, the attempt to also simultaneously take absolutely zero credit for this position player record from the same staff is just astounding. You don't only get credit for the good things.
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Andrew Vaughn is Officially a Bust
southsider2k5 replied to WookiesOnRitalin's topic in Pale Hose Talk
With nine figure contracts out there, if he is on cruise control after $6 million he is the dumbest mf on the block. -
Some of it is random, but more and more I have become convinced that a decent amount of it is putting the right resources into the right things. There is a reason that gaps exist, and that they don't seem to change much year to year. Randomness would mean each team should cycle through good and bad times, and not see some stuck at the top, and others at the bottom. If things were getting better internally here, after a year and a half we should be seeing something.
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Luis Robert trade thread: La Pantera stays.
southsider2k5 replied to ChiSoxFanMike's topic in Pale Hose Talk
If we got a top guy, plus a second tier guy from the Dodgers, it's a win. Outman is just a roster spot to open for LA, and a spot holding guy for the Sox. If we get one of the LAD top guys only, we missed out by not sending some cash to Cincy and getting two of their top position prospects as was discussed this off-season. -
No scarier words for a pitcher at the lower levels than effectively wild. It would be amazing to have a few of these guys figure it out. You can't teach the big arm.
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This is a full confession. Do better.
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Andrew Vaughn is Officially a Bust
southsider2k5 replied to WookiesOnRitalin's topic in Pale Hose Talk
Even if they call up Elko, it won't be to release Vaughn. My guess would be a faux IL stint. Hell maybe he has been hurt for months anyway -
You are in here calling people names over Jerry's stadium and selling the team. Have more self-awareness.
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Luis Robert trade thread: La Pantera stays.
southsider2k5 replied to ChiSoxFanMike's topic in Pale Hose Talk
He's a placeholder. -
Andrew Vaughn is Officially a Bust
southsider2k5 replied to WookiesOnRitalin's topic in Pale Hose Talk
Most of the excuses are weak to absurd. Andrew Vaughn was a consensus top 5 pick. All of the BS about who was drafting is a red herring for a complete development failure.
