Posted:
#26
Quote Originally Posted by esplanade:
Why hurry to Boston?
For what little it's worth, I used to own an MMA org, have an MBA, experience in business valuations, and my former partner is close with DW and the Ferts. He lives in the UAE now and knows the 10% buyer. I'll stick with what I stated.
I'm not going to argue with you over the valuation, the point was that the Toney payout was peanuts to them, and using your line of logic, Toney may well have received just a fraction of the amount claimed.
And it actually does. Do you seriously think $25,000 either way matters to them financially? It becomes a pissing match with machismo involved. I've had multi-million $ real estate deals that were lost over $5000.
Why hurry to Boston?
For what little it's worth, I used to own an MMA org, have an MBA, experience in business valuations, and my former partner is close with DW and the Ferts. He lives in the UAE now and knows the 10% buyer. I'll stick with what I stated.
I'm not going to argue with you over the valuation, the point was that the Toney payout was peanuts to them, and using your line of logic, Toney may well have received just a fraction of the amount claimed.
And it actually does. Do you seriously think $25,000 either way matters to them financially? It becomes a pissing match with machismo involved. I've had multi-million $ real estate deals that were lost over $5000.
Hurry? Its been almost 20 years? lol
I will admit, econ and business isn't my specialty, so I'll leave it at that. You are probably closer to being correct in a valuation system than I am. Maybe it is peanuts to the Fertitta's, but who the hell is paying out of pocket? From what the venue made and what the fighters got paid, Toney walked out with pretty much the lion share.
What basically happened is, Toney is done in boxing. He's in his 40's, looked like garbage for a hot minute, can't get a fight...stick a fork in him. Dude chased Dana around and White folded like an ez chair. The man at the helm of a 2B company got played by a street cat from Detroit. I can guarantee it was the easiest payday of his life. Not the brightest bulb in the box.
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