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Post by 1 Free Moon-Down with Burger on Feb 12, 2023 17:50:01 GMT -5
Vince gonna be buried with that 2 billion guaranteed
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XIII
Bill S. Preston, Esq.
Posts: 19,049
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Post by XIII on Feb 15, 2023 15:08:21 GMT -5
halfway through February and all is quiet. Khan said that it's probably going to be quick and a 3 month sale or so. Fully expect business to start picking up around March 1. Three months puts it right at Wrestlemania in LA so if it is indeed a legit attempt at a sale I fully expect a dog and pony show announcing it there. This thread going to absolutely blow up one random day. LMAO
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Post by 1 Free Moon-Down with Burger on Feb 15, 2023 20:59:24 GMT -5
halfway through February and all is quiet. Khan said that it's probably going to be quick and a 3 month sale or so. Fully expect business to start picking up around March 1. Three months puts it right at Wrestlemania in LA so if it is indeed a legit attempt at a sale I fully expect a dog and pony show announcing it there. This thread going to absolutely blow up one random day. LMAO It’ll definitely follow Mania if I were to guess. Big companies usually sell at their peak. Like UFC, their sale was announced like two days after UFC 200
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markymark
Fry's dog Seymour
Posts: 20,250
Member is Online
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Post by markymark on Feb 17, 2023 14:26:24 GMT -5
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Post by J Lee O'Brien on Feb 17, 2023 15:19:02 GMT -5
Well...that's something.
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Post by YAKMAN is ICHIBAN on Feb 17, 2023 15:28:11 GMT -5
Anyone else wanna go in on this with me?
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Post by The Captain on Feb 17, 2023 15:31:34 GMT -5
It will only cost the low price of $9.99! ...times a billion.
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XIII
Bill S. Preston, Esq.
Posts: 19,049
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Post by XIII on Feb 17, 2023 17:01:23 GMT -5
It will only cost the low price of $9.99! ...times a billion. remember when the Network was just getting started and they had Cole basically call you a dumbass if you ordered it on PPV instead of buying the Network for $9.99 LMAO If Vince actually sells Saudi is buying this thing, wrestling is the "garbage business" after all.
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bob loves the Hurt Syndicate
Backup Wench
The "other" Bob. FOC COURSE!
started the Madness Wars, Proudly the #1 Nana Hater on FAN
Posts: 80,989
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Post by bob loves the Hurt Syndicate on Feb 17, 2023 17:28:36 GMT -5
let's do it FAN ---- let's pool together for $9.99!
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cjb01: Limited Edition Item!
FANatic
Writer, Lover of all things Wrestling. Analytical, Critical, Lovable (hopefully). Lets all have fun!
Posts: 248,139
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Post by cjb01: Limited Edition Item! on Feb 17, 2023 17:31:17 GMT -5
WWE better have a Pizza Oven in the deal with that kinda pricing!
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Feb 17, 2023 17:33:09 GMT -5
Man that seems like Vince is going to make out like a freakin genius if this goes through...Even crazier
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ssdrivin
ALF
Claims to be squishy, has yet to be proven.
Posts: 1,042
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Post by ssdrivin on Feb 17, 2023 18:23:42 GMT -5
Where's Eric Bischoff when you need him?
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bob loves the Hurt Syndicate
Backup Wench
The "other" Bob. FOC COURSE!
started the Madness Wars, Proudly the #1 Nana Hater on FAN
Posts: 80,989
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Post by bob loves the Hurt Syndicate on Feb 17, 2023 18:56:48 GMT -5
Where's Eric Bischoff when you need him? doing a podcast with Conrod Thompson
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ssdrivin
ALF
Claims to be squishy, has yet to be proven.
Posts: 1,042
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Post by ssdrivin on Feb 17, 2023 19:10:29 GMT -5
Where's Eric Bischoff when you need him? doing a podcast with Conrod Thompson I figure if we could get him and Fusient to make a bid, we won't have to worry about who buys WWE any more, because it'll be off the air and worth less than a Happy Meal before you could say "🎵 I'm back! 🎵".
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chrom
Backup Wench
Master of the rare undecuple post
Posts: 88,133
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Post by chrom on Feb 17, 2023 20:08:38 GMT -5
Anyone else wanna go in on this with me? Sure...let me go outside and pluck the gems from my diamond tree.
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Lardlad
El Dandy
Live reaction to @WWE #WWENetwork
Posts: 8,280
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Post by Lardlad on Feb 17, 2023 21:28:27 GMT -5
I've got this!! Well, if you make the US federal minimum wage of $7.25/hr (Roughly $14,500/year), you're looking at about 69,000 years. That's about 1/4 of the time humans have existed on earth. Things are a bit better if you earn the US median household income of $52,000 -- that'll only set you back 19,231 years.
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bob loves the Hurt Syndicate
Backup Wench
The "other" Bob. FOC COURSE!
started the Madness Wars, Proudly the #1 Nana Hater on FAN
Posts: 80,989
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Post by bob loves the Hurt Syndicate on Feb 17, 2023 23:45:22 GMT -5
I've got this!! Well, if you make the US federal minimum wage of $7.25/hr (Roughly $14,500/year), you're looking at about 69,000 years. That's about 1/4 of the time humans have existed on earth. Things are a bit better if you earn the US median household income of $52,000 -- that'll only set you back 19,231 years. that is some wild Scott Stiener math
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Post by Banjo Is Broken on Feb 18, 2023 5:01:29 GMT -5
I have a few empty medicine bottles that I filled up with all of my loose change I collected over the years. I just need to stop at the Coinstar and I should have enough to pay for a WWE.
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Post by johncasey on Feb 18, 2023 12:20:09 GMT -5
Wonder if it's a ploy to put people off but be able to stay in the company?
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Post by The Dark Order Inferno on Feb 18, 2023 12:40:29 GMT -5
9 billion dollars is the kind of asking price you ask for when you want a number that seems realistic, but is still higher than anyone who would want the company would be prepared to bid. Disney bought marvel for 4 billion and they had a vast library of IP and a flourishing movie studio set to rewrite the box office record books. The WWE own some IP, a tape library but none of their characters are worth anything without the wrestlers that portray them. Iron man is Iron man whether it's Tom Cruise or Robert Downey jr inside the suit but there's only one Hulk Hogan (thankfully) and if they want to use him, they have to write a cheque. They can't just trot out new Hulk Hogan, god knows they've tried.
I've said it before and I'll say it again, if anyone bites at $9 billion, it'll be VC companies waiting to saddle it with an Elon Muskian level of debt, the kind of hole they will never dig out of. They'll strip away the money from the tv rights as dividend payments, the company's cash reserves and slowly bleed it out for a decade like Bain did to Staples, Clearchannel and Toys R Us.
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