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Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
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Maize Offline
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Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
From the article:

Dallas Cowboys owner Jerry Jones has reportedly been pushing Raiders owner Mark Davis to sell the team for years, according to Bleacher Report’s Mike Freeman.

Jones said earlier this week that he supported putting an NFL team in Las Vegas—where the Raiders have been lobbying to relocate—but only if the team was headed by the “right ownership.” Jones reportedly feels that Davis is not capable of maximizing revenues or creating value for the league, Freeman reports.


http://www.si.com/nfl/2016/05/13/cowboys...ll-raiders
05-14-2016 06:31 AM
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C2__ Offline
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RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
He's been trying to get him to sell for years? Al Davis hasn't even been dead for years, per se.
05-14-2016 06:37 AM
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Maize Offline
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RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
(05-14-2016 06:37 AM)_C2_ Wrote:  He's been trying to get him to sell for years? Al Davis hasn't even been dead for years, per se.

Al been gone for 5 years....so basically it appears he might have been trying to get him out since his father died....
05-14-2016 06:43 AM
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adcorbett Offline
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RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
(05-14-2016 06:43 AM)Maize Wrote:  
(05-14-2016 06:37 AM)_C2_ Wrote:  He's been trying to get him to sell for years? Al Davis hasn't even been dead for years, per se.

Al been gone for 5 years....so basically it appears he might have been trying to get him out since his father died....

And probably the few years prior to that when the younger Davis was running the team while Al was in bad health.


I think what Jones is referring to is how a better leveraged owned would likely have made much more money by now, either teaming with the 49ers in Santa Clara, or would have been able to make LA work with the Rams. The reason the Raiders are in this position, is in large part, to the Davis' being cash strapped (in terms of major league sports owners). For example, how much money do you think Mark Cuban would have been making if he owned the Raiders?
05-14-2016 12:30 PM
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Wedge Offline
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RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
(05-14-2016 12:30 PM)adcorbett Wrote:  
(05-14-2016 06:43 AM)Maize Wrote:  
(05-14-2016 06:37 AM)_C2_ Wrote:  He's been trying to get him to sell for years? Al Davis hasn't even been dead for years, per se.

Al been gone for 5 years....so basically it appears he might have been trying to get him out since his father died....

And probably the few years prior to that when the younger Davis was running the team while Al was in bad health.


I think what Jones is referring to is how a better leveraged owned would likely have made much more money by now, either teaming with the 49ers in Santa Clara, or would have been able to make LA work with the Rams. The reason the Raiders are in this position, is in large part, to the Davis' being cash strapped (in terms of major league sports owners). For example, how much money do you think Mark Cuban would have been making if he owned the Raiders?

Mark Davis doesn’t care about maximizing revenue. He's not Jerry Jones or Stan Kroenke. Read that ESPN profile of Mark that was published several months ago. He drives an old white van, hangs out at the end of the bar at PF Chang's, and rents used cars from "Rent A Wreck" type places when he goes to his second home in Palm Springs. He doesn't live like a typical NFL owner. In his mind, he's got enough.

Also, his family isn't sole owner of the team (reportedly they own about 30%; Al set up the ownership structure so that he controlled the franchise even while owning less than half) and would be hit with a huge tax bill upon selling. Why sell, when you've already got more money than you'll ever spend and you just like being an NFL owner?
05-14-2016 04:03 PM
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MplsBison Offline
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Post: #6
RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
On the other hand, why continue to own enough share to technically be the controlling owner, when you can still own a significant enough share that you can show up to every home game and sit in the owner's box and perhaps still have some say in the direction of the team, without having to deal with all the headaches of being a NFL owner (like having to deal with Jerry Jones)?
(This post was last modified: 05-14-2016 04:50 PM by MplsBison.)
05-14-2016 04:49 PM
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RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
(05-14-2016 04:03 PM)Wedge Wrote:  Mark Davis doesn’t care about maximizing revenue. He's not Jerry Jones or Stan Kroenke. Read that ESPN profile of Mark that was published several months ago. He drives an old white van, hangs out at the end of the bar at PF Chang's, and rents used cars from "Rent A Wreck" type places when he goes to his second home in Palm Springs. He doesn't live like a typical NFL owner. In his mind, he's got enough.

Also, his family isn't sole owner of the team (reportedly they own about 30%; Al set up the ownership structure so that he controlled the franchise even while owning less than half) and would be hit with a huge tax bill upon selling. Why sell, when you've already got more money than you'll ever spend and you just like being an NFL owner?

I'm insanely jealous, that's where I want to be, rich but not flashy.
05-14-2016 06:39 PM
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Brookes Owl Offline
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Post: #8
RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
(05-14-2016 04:49 PM)MplsBison Wrote:  On the other hand, why continue to own enough share to technically be the controlling owner, when you can still own a significant enough share that you can show up to every home game and sit in the owner's box and perhaps still have some say in the direction of the team, without having to deal with all the headaches of being a NFL owner (like having to deal with Jerry Jones)?

1) I think you are massively overestimating the pain of those "headaches".
2) Few people who have power are willing to let go for anything but exceptional reasons.
05-14-2016 06:44 PM
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goofus Offline
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RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
I could be wrong, but my understanding is that the Raiders are still owned by the mother of Mark Davis, and Mark Davis is running the Raiders on her behalf. But when she passes away, there will be problems with the inheritance, both with estate taxes, and with splitting it up among family members, and Mark Davis would not be able to buy the Raiders himself when the time comes.

So it makes me wonder if the move to Vegas will have some kind of succession plan to already have a Vegas billionaire take over when the Davis family needs to sell. Sounds like this guy in Vegas, who is already putting up $165M and is worth Billions, may be a good candidate.

In fact, where is Mark Davis going to get this $500M he has promised to put up. $200M will be a loan from the NFL, but where will the rest come from? More Loans? Or will the Davis family sell a minority share with an option of first refusal to purchase a majority share later when the club goes up for sale?

You know, kinda like Kroenke did when he bought a minority share in the Rams when the Rams moved to St. Louis. Then when Georgia F. passed away, Kroenke had an option to match any offer to buy the majority share of the Rams, which he ended up doing.
(This post was last modified: 05-15-2016 06:57 AM by goofus.)
05-15-2016 06:44 AM
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Brookes Owl Offline
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Post: #10
RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
(05-15-2016 06:44 AM)goofus Wrote:  In fact, where is Mark Davis going to get this $500M he has promised to put up. $200M will be a loan from the NFL, but where will the rest come from? More Loans? Or will the Davis family sell a minority share with an option of first refusal to purchase a majority share later when the club goes up for sale?

My assumption is that he'll try to finance it, much like he was planning to do in LA.
05-15-2016 11:50 AM
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Maize Offline
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RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
(05-15-2016 06:44 AM)goofus Wrote:  I could be wrong, but my understanding is that the Raiders are still owned by the mother of Mark Davis, and Mark Davis is running the Raiders on her behalf. But when she passes away, there will be problems with the inheritance, both with estate taxes, and with splitting it up among family members, and Mark Davis would not be able to buy the Raiders himself when the time comes.

So it makes me wonder if the move to Vegas will have some kind of succession plan to already have a Vegas billionaire take over when the Davis family needs to sell. Sounds like this guy in Vegas, who is already putting up $165M and is worth Billions, may be a good candidate.

In fact, where is Mark Davis going to get this $500M he has promised to put up. $200M will be a loan from the NFL, but where will the rest come from? More Loans? Or will the Davis family sell a minority share with an option of first refusal to purchase a majority share later when the club goes up for sale?

You know, kinda like Kroenke did when he bought a minority share in the Rams when the Rams moved to St. Louis. Then when Georgia F. passed away, Kroenke had an option to match any offer to buy the majority share of the Rams, which he ended up doing.

It is true that his mother actually owns the shares...but it is a No Go with Adelson-(Casino Owner) becoming an NFL Owner.
05-15-2016 12:07 PM
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goofus Offline
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RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
(05-15-2016 12:07 PM)Maize Wrote:  
(05-15-2016 06:44 AM)goofus Wrote:  I could be wrong, but my understanding is that the Raiders are still owned by the mother of Mark Davis, and Mark Davis is running the Raiders on her behalf. But when she passes away, there will be problems with the inheritance, both with estate taxes, and with splitting it up among family members, and Mark Davis would not be able to buy the Raiders himself when the time comes.

So it makes me wonder if the move to Vegas will have some kind of succession plan to already have a Vegas billionaire take over when the Davis family needs to sell. Sounds like this guy in Vegas, who is already putting up $165M and is worth Billions, may be a good candidate.

In fact, where is Mark Davis going to get this $500M he has promised to put up. $200M will be a loan from the NFL, but where will the rest come from? More Loans? Or will the Davis family sell a minority share with an option of first refusal to purchase a majority share later when the club goes up for sale?

You know, kinda like Kroenke did when he bought a minority share in the Rams when the Rams moved to St. Louis. Then when Georgia F. passed away, Kroenke had an option to match any offer to buy the majority share of the Rams, which he ended up doing.

It is true that his mother actually owns the shares...but it is a No Go with Adelson-(Casino Owner) becoming an NFL Owner.

Maybe they will bring back that mystery billionaire in LA that was rumored to buy the Raiders when they were trying moving to Carson.

Or was it the exec from Disney that wanted to buy the Raiders, or was he just the spokesman for the Carson project? I get things mixed up sometimes.
05-15-2016 02:21 PM
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Wedge Offline
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RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
(05-15-2016 12:07 PM)Maize Wrote:  
(05-15-2016 06:44 AM)goofus Wrote:  I could be wrong, but my understanding is that the Raiders are still owned by the mother of Mark Davis, and Mark Davis is running the Raiders on her behalf. But when she passes away, there will be problems with the inheritance, both with estate taxes, and with splitting it up among family members, and Mark Davis would not be able to buy the Raiders himself when the time comes.

So it makes me wonder if the move to Vegas will have some kind of succession plan to already have a Vegas billionaire take over when the Davis family needs to sell. Sounds like this guy in Vegas, who is already putting up $165M and is worth Billions, may be a good candidate.

In fact, where is Mark Davis going to get this $500M he has promised to put up. $200M will be a loan from the NFL, but where will the rest come from? More Loans? Or will the Davis family sell a minority share with an option of first refusal to purchase a majority share later when the club goes up for sale?

You know, kinda like Kroenke did when he bought a minority share in the Rams when the Rams moved to St. Louis. Then when Georgia F. passed away, Kroenke had an option to match any offer to buy the majority share of the Rams, which he ended up doing.

It is true that his mother actually owns the shares...but it is a No Go with Adelson-(Casino Owner) becoming an NFL Owner.

We don't know exactly how the Raiders ownership is structured. We know that the Raiders are owned by a limited partnership and that Al controlled the only general partner in the partnership, meaning that he had sole control even though he owned less than half of the team.

The obituary for Al on the Raiders' website called him "the president of the managing general partner", which implies that the general partner of the Raiders is a corporation and Al was the president of that corporation. It's possible that Al owned all the shares of that corporation and that Carol inherited them when he passed, but that's only one possibility. It could be that many family members own shares, or it could be that Al had a will that passed his shares to multiple family members including Carol and Mark, or it could be that the shares of the corporation are owned by a trust and the terms of the trust provided that Mark would become "president of the managing general partner" after Al's death.
05-15-2016 02:40 PM
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RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
http://www.businessinsider.com/raiders-o...th-2015-10

Wow, Mark Davis is one eccentric dude. Jerry Jones probably thinks he is a lunatic. If the Raiders were winning, he could get away with it, but he is not some kind of savant, sounds more like an idiot.

But what do I know? People call me weird too. But sounds like Jerry Jones sure has his mind made up.
05-17-2016 06:49 AM
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MplsBison Offline
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Post: #15
RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
Goodness. All I needed to do was take one look at that hair (piece?). You get the idea pretty quick ...
05-17-2016 07:50 AM
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RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
People have joked he looks like Lloyd Christmas aka Jim Carrey's character from Dumb and Dumber.
05-17-2016 09:45 AM
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MplsBison Offline
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RE: Jerry Jones wants Mark Davis OUT as Majoriy Owner of the Raiders?...
How can guys like him and Trump, with that much money, look so bad?? Just pay someone to fix it, for goodness sakes.
(This post was last modified: 05-18-2016 07:41 AM by MplsBison.)
05-18-2016 07:40 AM
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