Rockhill site going south fast it seems.

[Anybodyhome]

Considering Tepper has spent $170M of his own money on construction so far, I think it would be naive to suggest he's going to walk away. Regardless how much money he has, a $170M white elephant in the middle of nowhere will get you the reputation of a Trumpian real estate guy: build, default, bankrupt.

[SizzleBuzz]

53 minutes ago, Anybodyhome said:

Considering Tepper has spent $170M of his own money on construction so far, I think it would be naive to suggest he's going to walk away. Regardless how much money he has, a $170M white elephant in the middle of nowhere will get you the reputation of a Trumpian real estate guy: build, default, bankrupt.

Anybody & @kungfoodude both nailed it...

...Rock Hill & Co are simply being taught a lesson in Negotiations 101 by a Grand Master in the discipline...

...it will all work out.  

Let it be known all the hand wringing, fretting, and gnashing of teeth, can now safely be redirected toward seriously hating on Rhule/billionaires/Silver Platter Sam/etc...

...take your pick

[or alternatively sucking the dick of ambulance chasing con-men yankee lawyers ]

Edited April 12, 2022 by SizzleBuzz

[Tbe]

1 hour ago, SizzleBuzz said:

Anybody & @kungfoodude both nailed it...

...Rock Hill & Co are simply being taught a lesson in Negotiations 101 by a Grand Master in the discipline...

...it will all work out.  

Let it be known all the hand wringing, fretting, and gnashing of teeth, can now safely be redirected toward seriously hating on Rhule/billionaires/Silver Platter Sam/etc...

...take your pick

[or alternatively sucking the dick of ambulance chasing con-men yankee lawyers ]

Staying silent is a classic sales technique. Wait for the other guy to get uncomfortable and talk themselves into a better deal for you.

[Anybodyhome]

46 minutes ago, Tbe said:

Staying silent is a classic sales technique. Wait for the other guy to get uncomfortable and talk themselves into a better deal for you.

Yep- Sales 101:

He who speaks first- loses.

[OldhamA]

On 4/11/2022 at 12:13 AM, NanuqoftheNorth said:

 

Tepper needs to stop trying to leech off of SC taxpayers and build his Panthers HQ with his own money.  Dave's worth somewhere north of 16 billion.

It's hilarious that this deal with Rock Hill SC blew up in his face.  Let's not kid ourselves.  If Tepper had pulled this off, his next move would have been to play NC against SC for a new domed stadium.  That would have resulted in billions in construction costs being shifted on to the backs of hard working Carolina tax payers.

Tepper is more than capable of paying for his team's wish list of construction projects without draining local government coffers of tax dollars better spent elsewhere.

You don't become a billionaire by paying for things yourself. 

[Devil Doc]

Do you guys really think Tepper is just going to let 170 Million rot away and sit? He is smarter than that. What else could this place become if not the Panthers HQ? Sports complex for the public? Wouldnt Rock Hill have to pay Tepper for that? 

[gofightwin]

7 minutes ago, Devil Doc said:

Do you guys really think Tepper is just going to let 170 Million rot away and sit? He is smarter than that. What else could this place become if not the Panthers HQ? Sports complex for the public? Wouldnt Rock Hill have to pay Tepper for that? 

What goes up, can come down, especially if the steel frame is bolted. Save what you can and sell the property to developers. He has already done the long/hard work of site prep and infrastructure. 
 

maybe he loses 100mil. That’s chump change that he would make back in dividends in few months, or simple trade in the market. Remember he bought a 40mil mansion just to tear it down as a FU to an old boss that screwed him.

[electro's horse]

8 hours ago, Devil Doc said:

Do you guys really think Tepper is just going to let 170 Million rot away and sit? He is smarter than that. What else could this place become if not the Panthers HQ? Sports complex for the public? Wouldnt Rock Hill have to pay Tepper for that? 

170 million is around 1% of his net worth. to put that into consideration, tons of people on this board are probably spending 15-20% of their net worth annually on an oversized truck they have no need for (that was purchased because they're insecure and decided to buy a personality) and would HAPPILY walk away from if they could. 

sunk cost is a thing too

Edited April 13, 2022 by electro's horse

[top dawg]

On 4/10/2022 at 11:32 AM, SizzleBuzz said:

Tepper should just make the tickets free…

…it’s not fair to make poor people pay to attend an NFL game

Nobody's saying that, but he doesn't need taxpayers--poor or otherwise--to pay a dime for the construction of his headquarters. Oh, that's right, why should he dig deeper into his pockets when he can just dig into everyone else's to help bankroll his business?

[SizzleBuzz]

38 minutes ago, top dawg said:

...he doesn't need taxpayers--poor or otherwise--to pay a dime for the construction of his headquarters.

100% agree.

 

38 minutes ago, top dawg said:

Oh, that's right, why should he dig deeper into his pockets when he can just dig into everyone else's to help bankroll his business?

Tepper has zero ability to "dig into" anyone's pocket other than his own...

...the duly elected local officials in Rock Hill are the folks who did the digging (or said they would anyway ). 

Keep this situation in mind when you're in the voting booth later this year and in case you've forgotten:

> City Councilman James "Smuggie" Mitchell said YES to giving Charloot tax-payor funds to Jerry Richardson for stadium renovations.

>Governor Pat McCrory said NO to Richardson when he tried to dip into the till of the State of NC.

Both are on the ballot this year...

...vote wisely

Edited April 13, 2022 by SizzleBuzz

[Iced Up]

I think Tepper is going to buy Rock Hill and tear it down and build Tepper City. 

[LinvilleGorge]

19 hours ago, gofightwin said:

 Remember he bought a 40mil mansion just to tear it down as a FU to an old boss that screwed him.

Something that the "Tepper isn't going to just suddenly start making bad business deals" crew conveniently forgets. Tepper is petty as fug and he's willing to lose on the financial side if it satisfies his pettiness.

[TheCasillas]

5 minutes ago, LinvilleGorge said:

Something that the "Tepper isn't going to just suddenly start making bad business deals" crew conveniently forgets. Tepper is petty as fug and he's willing to lose on the financial side if it satisfies his pettiness.

Do you have an example of this? 

[LinvilleGorge]

3 minutes ago, TheCasillas said:

Do you have an example of this? 

The one that I quoted.