View topic - ANY NEW NUZE ON STILLERS' SALE????

[still-mill-kid Profile]

WE GOTTA KEEP DEM DARE STILLER'S IN DA HANDS OF DAN ROONEY NO MADDER WHAT!!!!

[trenches Profile]

According to Forbes, the Steelers are now worth $1 BEEEEEEELLLIIOONNNN DAAHHHLLERRRRZZZZZ.

From the Trib:
http://www.pittsburghlive.com/x/pittsburghtrib/sports/steelers/s_587596.html

Reportedly, this valuation indicates that the selling brothers are being greedy and the offer made by the Dan (and Art II) was not only market value but better than market value. My understanding is that $700MM was offered to the other brothers.

The $1 BEEEEEEELLLIIOONNNN DAAHHHLLERRRRZZZZZ valuation divvied up amongst 4 brothers at 16% ownership each = $640 MM total.

Are the other brothers greedy? If the numbers are correct, I vote yes! WTH?

[Nel Profile]

Anything beyond living in a trailer park and earning minimum wage constitutes economic greed.

So, > 700 million is pretty dadburn greedy, imo.

[thesteelhammer Profile]

This sounds like something that might work.
http://kdka.com/steelers/Dan.Rooney.Steelers.2.815460.html

Sep 11, 2008 7:13 pm US/Eastern
Sources: Dan Rooney To Make 3rd Offer To Brothers
Reporting
Andy Sheehan PITTSBURGH (KDKA) ― A new offer may be on the table in the Steelers ownership struggle and there are indications Dan Rooney may have the money he needs to keep his family in control of the team.

Sources say that Rooney has assembled a team of investors and is now in the process of making a third offer to his brothers to buy out their shares of the team.

The same sources say this higher offer and other recent events make Dan the favorite to keep control of the team.

Sources close to the Rooneys say Dan has assembled a complete team of investors and is prepared to match or come close to an offer made by billionaire Stanley Druckenmiller.

The same sources believe that what may tip the scales in Dan Rooney's favor is that meeting two weeks ago in New York with NFL Commissioner Roger Goodell.

Goodell made it clear the league likes Dan in control. At the meeting ere were also three other NFL owners in attendance. The message some say is that the NFL is a club and the other owners decide who gets in.

Rather than risk rejection of a new ownership group, sources say that Rooney is hoping that two of his brothers, Art Rooney, Jr., and John Rooney, stay owners of the Steelers.

That way, Dan Rooney and his new investors would buy out brothers Tim and Pat Rooney who operate racetracks in New York and Florida and must divest themselves of the team, according to league rules.

Under that plan, Dan and Art II would stay in command.

And it's clear that Dan Rooney will need to pay top dollar. According to its rankings released this week, Forbes estimates the team's worth at $929 million – the 16th most valuable in the NFL.

Considering that Art Rooney, Sr., bought the team in 1933 for $2,500, the Steelers have been a pretty good investment for the Rooney family.