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Pittsburgh source says the deal is done


Mr. Scot

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10 minutes ago, pnthrs said:

He will hate it when his revenues drop, ticket sales decline, and rating plummet. He may be cheap but he knows he needs to spend to make money. Also there is a salary cap floor so it’s not like we are going to spend like the hornets vs Cleveland. I don’t have gettlmems #s but Gettleman spent about the same as everyone He just liked to not spread that money around and enjoyed bargain hunting. That a style issue. 

People thinking Tepper is going to cheap will be shown in his coaching and GM hire. But remember there is a salary cap floor no matter who is picked. Tepper isn’t just going to flush us down the toilet with reserves at key positions so he can pocket a quick 100m. He spends when he spends as evidenced but several articles posted here. I think he just gets off acting and coming off cheap. It’s like a shtick. 

If he takes a Steelers guy like Omar Khan, you can expect a very draft heavy emphasis on team building. And you know how the Steelers are with free agency.

The Steelers aren't exactly hurting for revenue though.

What's gonna determine whether people keep coming to the stadium isn't how we approach team building. It's whether we win or not.

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4 minutes ago, Mr. Scot said:

If he takes a Steelers guy like Omar Khan, you can expect a very draft heavy emphasis on team building. And you know how the Steelers are with free agency.

I am fully expecting that and it’s a good strategy. It can be frustrating from a fan perspective to move slowly and deliberately and fill gaps without blowing the cap. It’s just the comment that Tepper = no more big contracts is just silly right now. Steelers aren’t afraid to spend but also aren’t afraid to cut a talent that is a year or two from their decline. 

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7 minutes ago, pnthrs said:

I am fully expecting that and it’s a good strategy. It can be frustrating from a fan perspective to move slowly and deliberately and fill gaps without blowing the cap. It’s just the comment that Tepper = no more big contracts is just silly right now. Steelers aren’t afraid to spend but also aren’t afraid to cut a talent that is a year or two from their decline. 

Omar Khan is considered the best contract negotiator / cap manager in the league.

(arguably another reason why Tepper might hire him)

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2 hours ago, Anybodyhome said:

As I chuckle reading through this thread, I'm remembering how close some came, not so long ago, to being banned if a single negative utterance was made about a Mr. Jerry Richardson.

Yep, people used to WORSHIP Jerry Richardson here. Wasn't that long ago either.

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So, he has to give up his ownership in the Steelers before or after he can finalize the deal with the Panthers? Anyone heard where this is? Thought i read something the other day saying his revenues from his stake in the Steelers will solidify his Panther purchase.

 

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1 minute ago, Anybodyhome said:

So, he has to give up his ownership in the Steelers before or after he can finalize the deal with the Panthers? Anyone heard where this is? Thought i read something the other day saying his revenues from his stake in the Steelers will solidify his Panther purchase.

 

From what I understand, he can technically "sell it" to the league, who'll sell it to someone else. The value of his stake is said to be around 144 million.

Wonder if Ben Navarro wants to buy it.

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25 minutes ago, Mr. Scot said:

What's gonna determine whether people keep coming to the stadium isn't how we approach team building. It's whether we win or not.

Or whether or not all those "uptown Charlotte corporate PSL owners" know how to find their way to the new stadium down near SC somewhere....

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7 hours ago, Anybodyhome said:

So, he has to give up his ownership in the Steelers before or after he can finalize the deal with the Panthers? Anyone heard where this is? Thought i read something the other day saying his revenues from his stake in the Steelers will solidify his Panther purchase.

 

Dude has 11b. Sale of Pitt is 144m. Don’t listen to most internet strangers.  The sale can be as easily as putting in a revocable trust once he inks the cats so his Pitt % is out of his custody for his sale with no collusion risk. 

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