John Elway lost

[Bless't]

Reminds me of the christmas lunch at my job that i didnt show up for. Because of that, I missed out on 2 hrs overtime. I'm still kicking myself about that shyt. I know exactly how Elway must feel

 

[RubioTheCruel]

Anybody can buy Apple stock.

Pro football teams never come on the market.

True, but you can't buy it at 6 bucks a share, which is what it was trading at around that time. Again, I said it was a huge missed opportunity. Huge. He's still doing well and can potentially own a portion of the Broncos once Bowlen passes away

 

[SoulController]

damn.

John waiting for Bowlen to pass like

 

[swyyyguy]

didn't jay pay like 10 milly to own 0.2981749127341978412893742 of the nets

this nikka elway is a fukking idiot... this might have been the dumbest business move i've ever heard of in natural life

10 milly for 10% would be saying the team is worth 100 million.... i don't care if it's 1973... that's still a great fukking idea... 1997 you HAD to know football teams were worth more than 100 mil

only 10 milly for ~30% of the nets???

 

[Cowboyz89]

What a fukkin idiot. I wouldnt turn down 20% of a dollar store.

 

[yseJ]

Wow. Owning a % of a pro team is some of the safest investment you can make in America, especially when it's a monster like NFL.

Interesting he rejected cuz he didn't want to be an executive at that time.

 

[mastermind]

Yeah.. Pre 2000, no one could've seen this type of explosion in football.... Obviously he should've known it was a solid investment and would've received at least a decent ROI, but almost 700 times...

even if no one would be able to see this explosion (which is crazy to me because the game exploded financially at a faster pace the prior 17 years), Bowlen guaranteed that Elway would not lose money on the deal. It was a no-brainer.

didn't jay pay like 10 milly to own 0.2981749127341978412893742 of the nets

do the math on this and see how much that would make the Nets worth.

Then use a calculator the next time you decide to make a random math statement.

 

[Goat poster]

Wow. Owning a % of a pro team is some of the safest investment you can make in America, especially when it's a monster like NFL.

Interesting he rejected cuz he didn't want to be an executive at that time.

Now he is and is only paid a salary

 

[Heelmatic]

sure why not? but a cat worth $500M isn't going to have a different lifestyle than a cat worth $150M. that's all I'm saying. that money wasn't gonna change his life from what it is now.

Might not change his life, but his kids gotta be like


Don't act like being worth $530M isn't a significant difference from $150M. That's damn near $400M difference breh. That's not chump change.

 

[Remote]

Maybe he has CTE and didn't think clearly

 

[The Devil's Advocate]

only 10 milly for ~30% of the nets???

No. Less than 1 percent