I finally saw the commercial. Im speechless. The nail in the coffin is most likely this commercial.
Here it is:
http://www.kcra.com/video/10088343/index.html
Here it is:
http://www.kcra.com/video/10088343/index.html
Maloofs Carls Jr Commercial
- Thread starter slugking50
- Start date
One more thing... A fact came out about Orlando's arena negotiations that dirties their entire effort. The Magic paid a local radio talk show host $200,000 to not object to their arena plan (despite widespread oppostion in that area).
http://www.orlandosentinel.com/news...0,572842.story?page=1&coll=orl-home-headlines
It's interesting to read their comments section. This one article has drawn HUNDREDS of comments, and the comments themselves really sound like they could be coming from Sacramento.
I think this is a scandal. It could end up putting Orlando's arena efforts all the way back to square one.
And that radio host? He really should be fired. I'd fire him. First I'd make him return the money, then I'd let him go. He actually DID violate laws because he didn't disclose the money or where he got it. Oops.
http://www.orlandosentinel.com/news...0,572842.story?page=1&coll=orl-home-headlines
It's interesting to read their comments section. This one article has drawn HUNDREDS of comments, and the comments themselves really sound like they could be coming from Sacramento.
I think this is a scandal. It could end up putting Orlando's arena efforts all the way back to square one.
And that radio host? He really should be fired. I'd fire him. First I'd make him return the money, then I'd let him go. He actually DID violate laws because he didn't disclose the money or where he got it. Oops.
Already posted in the Orlando thread:
http://www.kingsfans.com/forums/showpost.php?p=381106&postcount=4
http://www.kingsfans.com/forums/showpost.php?p=381106&postcount=4
That was one of the concerns I had, but it doesn't come off that way at all. They are Las Vegas millionaires. That's a given. They are prone to going out and having a good time. I think anyone who knows the Maloofs - or at least their public persona - is going to find it in keeping with their established image.
Brings them down from serious negotiators to playboys? Loss of credibility? I don't think so, but I do think the "No" contingency is going to have fun trying to make it seem that way.
If we weren't in the middle of a highly contested ballot proposal, I'd have no problem with it whatsoever. And I was one of the ones who really thought it was a bad idea. Now, as I say, my only objection is to the timing, not the content.
Brings them down from serious negotiators to playboys? Loss of credibility? I don't think so, but I do think the "No" contingency is going to have fun trying to make it seem that way.
If we weren't in the middle of a highly contested ballot proposal, I'd have no problem with it whatsoever. And I was one of the ones who really thought it was a bad idea. Now, as I say, my only objection is to the timing, not the content.
So the current proposed cost of an arena is over half their total wealth and the vast majority of that wealth is invested in business assets, including the Kings franchise. Its not available in the form of cash. They'd have to borrow a heckuva a lot to build it on their own and no lender would do it, because the cash flow sucks and will hardly support any debt payment.
That's similar to saying your house is worth $300,000, so you can afford to buy a a yacht for $175,000. Of course, you'd have to borrow and of course, if your cash flow sucked, you couldn't make the monthly payments. No lender would touch the deal. Well, except for the guys that will give you cement shoes if you don't pay up.
That's similar to saying your house is worth $300,000, so you can afford to buy a a yacht for $175,000. Of course, you'd have to borrow and of course, if your cash flow sucked, you couldn't make the monthly payments. No lender would touch the deal. Well, except for the guys that will give you cement shoes if you don't pay up.
So the current proposed cost of an arena is over half their total wealth and the vast majority of that wealth is invested in business assets, including the Kings franchise. Its not available in the form of cash. They'd have to borrow a heckuva a lot to build it on their own and no lender would do it, because the cash flow sucks and will hardly support any debt payment.
That's similar to saying your house is worth $300,000, so you can afford to buy a a yacht for $175,000. Of course, you'd have to borrow and of course, if your cash flow sucked, you couldn't make the monthly payments. No lender would touch the deal. Well, except for the guys that will give you cement shoes if you don't pay up.
That's similar to saying your house is worth $300,000, so you can afford to buy a a yacht for $175,000. Of course, you'd have to borrow and of course, if your cash flow sucked, you couldn't make the monthly payments. No lender would touch the deal. Well, except for the guys that will give you cement shoes if you don't pay up.
Back to the commercial - Joe sat with Grant and Jerry during the first quarter and was very proud of the commercial. I even quoted some of his comments in the PBP thread.
He honestly didn't get it. He didn't understand that making a commercial that touts how rich you are isn't the thing to be doing when you're trying to get voters to approve a tax increase that will, in their minds, build your team a new arena.
He said at last twice, "The people of Sacramento have a great sense of humor. They'll get it."
He really doesn't get it.
He honestly didn't get it. He didn't understand that making a commercial that touts how rich you are isn't the thing to be doing when you're trying to get voters to approve a tax increase that will, in their minds, build your team a new arena.
He said at last twice, "The people of Sacramento have a great sense of humor. They'll get it."
He really doesn't get it.
The primary problem is the "Net worth: $1 billion" and the timing, BMiller52. The nay-sayers have already starting chiming in on it.
It may not matter, however. I think the nails are pretty much in the Q & R coffin already, barring some miraculous announcement by the city/county and the Maloofs that could turn it around.
It may not matter, however. I think the nails are pretty much in the Q & R coffin already, barring some miraculous announcement by the city/county and the Maloofs that could turn it around.
It kind of surprises me. These guys are smart businessmen and I do believe they are successful, because they do try hard to please the customer. I don't get how they could be so clueless. Not that I think its right for people to hate them, just because they are rich.
I don't want them to pretend to be something they aren't, but they really need to find a way to tap into this community at a deeper level. I don't think they're bad guys at all. Actually, I think they are pretty good guys, but they definitely need a better PR person here in Sacramento.
I don't want them to pretend to be something they aren't, but they really need to find a way to tap into this community at a deeper level. I don't think they're bad guys at all. Actually, I think they are pretty good guys, but they definitely need a better PR person here in Sacramento.
All along the Maloofs wanted the voters to decide on a new arena. While there is a vote next month, it is not what anyone would consider a yes or no on a new arena. Instead it's now a vote on how this process has turned into a disaster. It will be about voters expessing their frustration over how this has unfolded. If the Maloofs and the NBA can be satisfied that they did their best to get a deal done, they are either delusional or frauds.
Maybe the Maloofs made the commercial to pee off everyone in town. They are going through the song and dance to make it look like they want to stay in Sacramento. But, they dont want to be here and well they have offers from bigger and better towns who are willing and able to put the Kings on some Corporate Welfare.
So the current proposed cost of an arena is over half their total wealth and the vast majority of that wealth is invested in business assets, including the Kings franchise. Its not available in the form of cash. They'd have to borrow a heckuva a lot to build it on their own and no lender would do it, because the cash flow sucks and will hardly support any debt payment.
That's similar to saying your house is worth $300,000, so you can afford to buy a a yacht for $175,000. Of course, you'd have to borrow and of course, if your cash flow sucked, you couldn't make the monthly payments. No lender would touch the deal. Well, except for the guys that will give you cement shoes if you don't pay up.
That's similar to saying your house is worth $300,000, so you can afford to buy a a yacht for $175,000. Of course, you'd have to borrow and of course, if your cash flow sucked, you couldn't make the monthly payments. No lender would touch the deal. Well, except for the guys that will give you cement shoes if you don't pay up.
It's like me telling my less fortunate friends and family that I'm worth $300,000, and then asking to them to chip in to buy a $175,000 yacht, and rent it to me.
It's like me telling my less fortunate friends and family that I'm worth $300,000, and then asking to them to chip in to buy a $175,000 yacht, and rent it to me.
Well, you'd also have to mention that you have friends in other cities with yachts already in the harbor waiting for you to use theirs instead if your best friends don't want to "chip in".