After the Quicken/Rocket IPO Dan Gilbert is up more than 40 billion in net worth.

[Kblaze8855]

From 6-8 to around 50 depending on the day. Wikipedia said 69 at one point. Whatever it is....hes waaaaaaaaaaaaay up. Second only to Ballmer in American sports ownership(third in the world...the richest man in Asia owns a soccer team). Came a long way since "The Letter" and the frankly more damaging one to prevent the Chris Paul to Lakers deal:




Commissioner,
It would be a travesty to allow the Lakers to acquire Chris Paul (https://www.espn.com/nba/player/_/id/2779/chris-paul) in the apparent trade being discussed.
This trade should go to a vote of the 29 owners of the Hornets.
Over the next three seasons this deal would save the Lakers approximately $20 million in salaries and approximately $21 million in luxury taxes. That $21 million goes to non-taxpaying teams and to fund revenue sharing.
I cannot remember ever seeing a trade where a team got by far the best player in the trade and saved over $40 million in the process. And it doesn't appear that they would give up any draft picks, which might allow to later make a trade for Dwight Howard (https://www.espn.com/nba/player/_/id/2384/dwight-howard). (They would also get a large trade exception that would help them improve their team and/or eventually trade for Howard.) When the Lakers got Pau Gasol (https://www.espn.com/nba/player/_/id/996/pau-gasol) (at the time considered an extremely lopsided trade) they took on tens of millions in additional salary and luxury tax and they gave up a number of prospects (one in Marc Gasol (http://www.espn.com/nba/player/_/id/3206/marc-gasol) who may become a max-salary player).
I just don't see how we can allow this trade to happen.


I know the vast majority of owners feel the same way that I do.
When will we just change the name of 25 of the 30 teams to the Washington Generals?
Please advise...
Dan G.


From bitching to Stern like a hater to being [Jay-Z]Eye to eye with the higher ups[Hov].

And apparently he owns like a third of downtown Detroit and has Trump connections setting up revitalization zones.

I suspect the Cavs are much less of a priority than they were in the past. They used to be like half his net worth. Now he gains and loses NBA team money in days.

Remains to be seen how he spends now but....those luxury tax payments dont hit so hard these days.

[BigKAT]

From 6-8 to around 50 depending on the day. Wikipedia said 69 at one point. Whatever it is....hes waaaaaaaaaaaaay up. Second only to Ballmer in American sports ownership(third in the world...the richest man in Asia owns a soccer team). Came a long way since "The Letter" and the frankly more damaging one to prevent the Chris Paul to Lakers deal:





From bitching to Stern like a hater to being [Jay-Z]Eye to eye with the higher ups[Hov].

And apparently he owns like a third of downtown Detroit and has Trump connections setting up revitalization zones.

I suspect the Cavs are much less of a priority than they were in the past. They used to be like half his net worth. Now he gains and loses NBA team money in days.

Remains to be seen how he spends now but....those luxury tax payments dont hit so hard these days.

This might be a bit of a stretch but do you reckon with how Anti-NBA republicans are becoming Gilbert might want to sell the Cavs? Maybe buy an NFL team?

Either way as we've seen deep pockets DO MAKE A DIFFERENCE. (Look at Rockets/Bucks/OKC owners compared to Clips and Warriors.)

[oldtimer28]

This might be a bit of a stretch but do you reckon with how Anti-NBA republicans are becoming Gilbert might want to sell the Cavs? Maybe buy an NFL team?

Either way as we've seen deep pockets DO MAKE A DIFFERENCE. (Look at Rockets/Bucks/OKC owners compared to Clips and Warriors.)

Oh, this just got political.

Republicans are not anti-NBA. They are anti people disrespecting the flag that many have died protecting. I do get the suffering (I am a minority myself), but let's not blindly believe the Democrat agendas pushed by the same politicians that only exacerbated the inequities that plague minorities.

[NBAGOAT]

This might be a bit of a stretch but do you reckon with how Anti-NBA republicans are becoming Gilbert might want to sell the Cavs? Maybe buy an NFL team?

Either way as we've seen deep pockets DO MAKE A DIFFERENCE. (Look at Rockets/Bucks/OKC owners compared to Clips and Warriors.)

i would word it more as the nba being anti-republican though you see some republicans make statements about not watching the nba anymore etc. as long as owning an nba team is profitable an owner wont want to sell. some trump connections just wont matter to nba either, it takes some sterling level stuff for an owner to get kicked out and there were other circumstances that facilitated that. There are owners much more into politics than gilbert. the devos family owns the magic. Granted glen taylor just solid the timberwolves but it wasnt forced and he supposedly donated to steve king lol.

[Lebowski]

Republicans are not anti-NBA. They are anti people disrespecting the flag that many have died protecting.

The Orange Buffoon agrees! Still, one might argue it is more important to respect those who actually died?

[Kblaze8855]

This might be a bit of a stretch but do you reckon with how Anti-NBA republicans are becoming Gilbert might want to sell the Cavs? Maybe buy an NFL team?

Either way as we've seen deep pockets DO MAKE A DIFFERENCE. (Look at Rockets/Bucks/OKC owners compared to Clips and Warriors.)


What I meant was this:




“They worked with the White House on it and want to be sure we are coordinated,” wrote the official, Christine Roeder, in an email with the subject line “Quicken (https://www.documentcloud.org/documents/6509587-White-House-Quicken-Medc-Mshda.html).”The exact role of the White House is not clear. But less than two weeks after the email was written, the Trump administration revised its list of census tracts that were eligible for the tax break. New to the list? One of the downtown Detroit tracts dominated by Gilbert that had not previously been included. And the area made the cut even though it did not meet the poverty requirements of the program. The Gilbert opportunity zone is one of a handful around the country that were included despite not meeting the eligibility criteria, according to an analysis by ProPublica.
Several weeks later, the Michigan governor selected all three of the downtown Gilbert tracts for the program.
Gilbert influenced the local selection process, as well, other emails obtained by ProPublica show: Quicken’s top lobbyist was so enmeshed in the process, his name appears on an opportunity zone map (https://www.documentcloud.org/documents/6508859-Detroit-City-Maps.html) made by the city economic development organization, recommending part of downtown be included in the tax break. No other non-city officials are named on the document.


I don’t know enough to say if it’s unusual or not I’m just saying it happened. He’s pulling some strings for long term wins after buying over 100 downtown Detroit buildings. He’s obviously got a long term plan.

[GimmeThat]

the guy isn't good with supply-chain of the people, and seems to be good with it on paper where it's just dollar signs. meaning, he'll sit there and be perfectly fine with the gold price being sky rocketed.

if the trump connection is true, all your saying is that in his networth, he owes a ton of money to China.


it's not impossible to come back after publicly bashing Eddie Murphy, especially for those who also like Burger King, but just to think, even Eddie Murphy hooked up with a tranny

[GimmeThat]

What I meant was this:






I don’t know enough to say if it’s unusual or not I’m just saying it happened. He’s pulling some strings for long term wins after buying over 100 downtown Detroit buildings. He’s obviously got a long term plan.

I have a tough time accepting the idea that purchasing 100 downtown buildings in 2020 to shoot pornographic films is a good idea

[FireDavidKahn]

Wont be needing to sell LeBron fatheads for $17.41 anymore:lol

[starface]

Make America Great Again