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Everything posted by southsider2k5
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Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
And we don't come close to filling those lots 90% of the time. -
Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
See, the scary $50 million is gone before a new stadium would be open. The Bears on the other end owe a fuckton more. -
Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
And a lot of others who will lose that time in their commute. Also of note, I could actually easily take a train to the game, where I never could in the past. The electric line stops at Roosevelt and Michigan. The walk wouldn't be any longer than the walk from some of the Sox remote lots is currently. -
2023-24 NFL Season Thread
southsider2k5 replied to CentralChamps21's topic in Alex’s Olde Tyme Sports Pub
It sounds like A LOT of that franchise did not get along with Bill. There might be some gains to be made just from that. -
Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
And anyone coming from the north and west will lose that 10-15 minutes. -
Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
Anyone, including myself, coming from the southside or Indiana is going to see their commute go up by 10-15 minutes. Guess what, this is still a huge net positive. -
Cause we have been fans of this franchise for longer than 15 minutes?
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Sox trade Cristian Mena to Arizona for OF Dominic Fletcher
southsider2k5 replied to Heads22's topic in Pale Hose Talk
You have a whole spring training for this stuff to sort itself out. There will be some injuries and guys who play themselves out of jobs. It would be a dream to have to make hard choices because it means multiple guys out played themselves to make it tough. -
Sox invite 25 to Spring Training including Danny Mendick
southsider2k5 replied to HeGetzUs's topic in Pale Hose Talk
We waived him off of the 40 man roster, but apparently no one claimed him. -
Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
Ah yes. Good point. -
Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
The bump in franchise value might actually pay for the entire stadium, potentially, though to be fair paper value is not cash in a bank account. But it does go to if you view paying off the old stadium as an investment in the new stadium, it is a no brainer. Again, also keep in mind that the ISFA is functioning as we speak, so every month that goes by means another payment gets made. The thought is that to get a stadium done for opening day 2030, you need 3 years of construction means that we have at least 3 more years of payments to make until someone needs to be paid to put a shovel into the ground for the first time. Also keep in mind that this scary $50 million number being thrown around also exists because of the remodels which have been done there over the years, and not simply because of original construction. There is a pretty fair chance that this payment structure is directly related to the expiration of the lease too. The ISFA probably took into consideration that there could be no stadium occupant after this lease was completed when they agreed to a payment schedule. -
Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
Meaning his kids, his kids/kids, etc. -
Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
It's also an owners who has cut players with no gain at all. He essentially cut John Danks a $10 million check when he cut him. He did it last year with Leury Garcia. JR and his ancestors stand to gain hundreds of millions of dollars here. This isn't something as simplistic as a baseball contract. This is investment that pays off for decades (maybe longer), not a baseball player which pays off for a period of less than a decade, at most. This is a man who has cut checks for investments all of his life. It is where he made his fortune to buy into the White Sox and Bulls. -
Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
If you think Jerry is going to tank a deal that could be worth billions between the stadium, the franchise value, plus the real estate developments over something less (and maybe nothing by the time this starts) than $50 million that is laughable. That's a down payment. -
Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
I don't think this will be NO parking, it will be just be at a much reduced ratio, and probably a lot more expensive to keep people from wanting to park. -
Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
That $50 million is also still being actively paid off. These funds wouldn't be required until the process for the stadium began. At worst, someone has to cut a check for the balance. Even if they had to pay it today, $50 million isn't going to be the thing that breaks a deal here. That's absurd. Part 2 is that you are confligrating an 8 billion dollar development with the cost of the stadium happening somewhere between $500 million and a billion dollars, probably on the lower end of that guess due to no roof. The cost the Stadium Authority would be dealing with is the stadium itself. The rest of that cost would be separate projects (whether it is one large other project, or many smaller ones within a larger product) legally unrelated to this one. Even if JR is in this other project, it also allows him to still pass this on to his kids while selling off the White Sox. It would totally be separate financing and everything. -
Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
The team never did. It was crappy reporting. JR met with the Nashville folks on behalf of the TLR group who wants an expansion team there, and not the White Sox. -
$15 million for a front line pitcher is like half price.
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Unless you were a cow.
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Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
As I said before, it appears the goal is to utilize the existing tax structure for the new stadium. -
Sox looking at building in South Loop
southsider2k5 replied to southsider2k5's topic in Pale Hose Talk
Cull your follows. -
{he's telling on himself}
