WOW I didnt know this, jerry jones borrowed 350 million to finish stadium

[sbuscha]

I think you are spot on. Between the stadium cost overruns and DeMarcus Ware's new contract, Jerry is pinched.

NO WAY!!!

 

[Chocolate Lab]

Do you know that for a fact? This off season Jerry has done nothing but shed big contracts, make Kmart FA acquisitions and trade down to a back of the class draft. From what I read in February, that $350 mm auction rate loan was going to get converted to a high fixed rate note due to lack of market liquidity. I'm sure that his financials were also predicated on whoring out the naming rights to the stadium as well, ooops.

The one truly CONSISTENT element of this off season has been thrift, something heretofore not seen in Jerruh.

You definitely have the most appropriate username on the board.

 

[cowboyjoe]

Do you know that for a fact? This off season Jerry has done nothing but shed big contracts, make Kmart FA acquisitions and trade down to a back of the class draft. From what I read in February, that $350 mm auction rate loan was going to get converted to a high fixed rate note due to lack of market liquidity. I'm sure that his financials were also predicated on whoring out the naming rights to the stadium as well, ooops.

The one truly CONSISTENT element of this off season has been thrift, something heretofore not seen in Jerruh.

exactly and now i can share a dream that i had about the cowboys with you zoners.
my dream like was from the Lord basically telling me that the cowboys would go to the superbowl counting this year as the first ; so whatever that meant, cowboys would go to superbowl the 2nd year counting this year;

so in retrospect if jerry jones gets in a pinch finanncially, then roger staubach might step in, and get a real gm and a real head coach like jimmy johnson; im not saying get jimmy johnson he is too old now and doesnt want to coach, but someone like him, that doesnt put up with sloppy football, will kick rear ends when he needs too and the players all know that the head coach can fire a player or cut or trade him at any time;

mac engel was on and the way he put it after jerry jones put a gag order on wade, that the players were laughing at wade and rolling their eyes, knowing who was really in charge

thats not to way to run a football team;

but brady did say their is competition on the team this year and they have a good mix on the team to make a run,

take it for whats its meant,

on my dream part, i know some of you will laugh at my dream, but thats what i dreamed about, when would the cowboys win a superbowl, etc;

 

[AbeBeta]

Do you know that for a fact? This off season Jerry has done nothing but shed big contracts, make Kmart FA acquisitions and trade down to a back of the class draft. From what I read in February, that $350 mm auction rate loan was going to get converted to a high fixed rate note due to lack of market liquidity. I'm sure that his financials were also predicated on whoring out the naming rights to the stadium as well, ooops.

The one truly CONSISTENT element of this off season has been thrift, something heretofore not seen in Jerruh.

Shed big contracts? Over the past year he gave really big deals to Romo, Williams, and Newman. He is set to give a huge deal to Ware. The "shedding" has actually caused a net loss in some cases -- take TO for example, we paid him about 13 mill for one year. This year would have cost about 6 million. What's a better deal for the team, 2 years at 19 or 1 at 13? That wasn't a "contract shedding" decision.

Trading back in the draft? Yeah, that saves like $200,000 overall in signing bonuses. Big freaking whoop.

The real issue with FA is that we didn't have a ton of guys that were worth pursuing. You simply cannot have top FAs at every position and there certainly were very few places where we were going to even consider an FA in the first place. Tell me who we missed out on now?

Frankly, naming rights have been selling poorly for several years now, if he predicted he'd sell that big time then his advisers are pretty ****ing stupid.

 

[Cowboys22]

Some of you act like there is only money going out for the stadium and none coming in. Do the math on all the PSLs and tickets that have been sold as well as the 280 suites that have sold. There have also been several sponsorship deals announced over the past 12 months, not the big naming rights deal, but thats money coming in as well. Then there is always the $150-180 million or more each team gets from the league every year.

Jerry layed low in free agency because of cap room and Ware needing to be re-signed more than a dwindling bank account. The man is a billionaire I might remind you. They traded back in the draft because the guys they wanted were gone and they valued the extra pick more, not to save $100,000 on a signing bonus!

 

[cowboyjoe]

Shed big contracts? Over the past year he gave really big deals to Romo, Williams, and Newman. He is set to give a huge deal to Ware. The "shedding" has actually caused a net loss in some cases -- take TO for example, we paid him about 13 mill for one year. This year would have cost about 6 million. What's a better deal for the team, 2 years at 19 or 1 at 13? That wasn't a "contract shedding" decision.

Trading back in the draft? Yeah, that saves like $200,000 overall in signing bonuses. Big freaking whoop.

The real issue with FA is that we didn't have a ton of guys that were worth pursuing. You simply cannot have top FAs at every position and there certainly were very few places where we were going to even consider an FA in the first place. Tell me who we missed out on now?

Frankly, naming rights have been selling poorly for several years now, if he predicted he'd sell that big time then his advisers are pretty ****ing stupid.

i think what he meant by shedding contracts and by trading down out of the 2nd round to the 3rd, and letting guys like T O, adam jones, roy williams safety, tank johnson, zach thomas, and now greg ellis which saves over 4 million

 

[Four]

I am so sick of people *****ing about jerry.

he loves the star just as much as any of us, stop pissing on him just cause he has the money to own it.

jerry knows, he knows it more than any of us could ever hope to.

stop stomping on him.

 

[AbeBeta]

i think what he meant by shedding contracts and by trading down out of the 2nd round to the 3rd, and letting guys like T O, adam jones, roy williams safety, tank johnson, zach thomas, and now greg ellis which saves over 4 million

TO, Jones, Johnson were bad for the team. Williams was done here the second he broke his arm again. Zach never fit and Ellis is an older player whose replacement is on the roster. TO is the only one of those guys still near his prime and there were far more than 6 million reasons for him to be cut.

Those salary savings are simply dollars that we are going to use on younger guys like Ware and Austin and potentially extensions for Spears and Kosier. The same dollars are getting spent, but like good teams do, we shed guys who were aging or a pain in the ***.

 

[ThreeSportStar80]

Jerry Jones is taking on a huge risk... Only time will tell if he's going to come out on top. I think he should sell the team as well, call me crazy.

 

[xpistofer]

If Jerry was JUST the Owner I would have zero problem with him. It's the fact that he thinks he's qualified to be a NFL GM that drives me crazy.

Granted he has made some significant mistakes, but you don't think 20 years as an NFL GM qualifies him to be an NFL GM? Wow your standards are amazing...

 

[Doomsay]

Shed big contracts? Over the past year he gave really big deals to Romo, Williams, and Newman. He is set to give a huge deal to Ware. The "shedding" has actually caused a net loss in some cases -- take TO for example, we paid him about 13 mill for one year. This year would have cost about 6 million. What's a better deal for the team, 2 years at 19 or 1 at 13? That wasn't a "contract shedding" decision.

Trading back in the draft? Yeah, that saves like $200,000 overall in signing bonuses. Big freaking whoop.

The real issue with FA is that we didn't have a ton of guys that were worth pursuing. You simply cannot have top FAs at every position and there certainly were very few places where we were going to even consider an FA in the first place. Tell me who we missed out on now?

Frankly, naming rights have been selling poorly for several years now, if he predicted he'd sell that big time then his advisers are pretty ****ing stupid.

Wow, so stupid on many levels. Shed means release not sign. Also pay attention to the time frame of the post: Off season - revisit it and do the spending math, no spending in 2009, much shedding in 2009. Most of the biggest stadium naming rights have been in the past few years when Jerry was doing his financial projections - Citifield is an example.., so that's not working for you so well either. But go on, really.

 

[Doomsay]

You definitely have the most appropriate username on the board.

Why not just have an intelligent response to the post, that would be fun.

 

[Ren]

Jerry Jones is taking on a huge risk... Only time will tell if he's going to come out on top. I think he should sell the team as well, call me crazy.

You're crazy, I really can't see why when there's a huge risk that we could get owners like what the Cards, Browns, Bengals, Bills or Lions or *shudders* Commanders and Raiders have have

 

[AbeBeta]

Wow, so stupid on many levels. Shed means release not sign. Also pay attention to the time frame of the post: Off season - revisit it and do the spending math, no spending in 2009, much shedding in 2009. Most of the biggest stadium naming rights have been in the past few years when Jerry was doing his financial projections - Citifield is an example.., so that's not working for you so well either. But go on, really.

Stupidity cuts in your direction mostly. We "shed" contracts from players that were the types of guys that good teams get rid of. You get rid of aging guys who aren't living up to their deals. Those are not moves about saving money. That is how you keep a strong roster.

We also SPENT this off-season on guys like Olshansky and traded for Kitna who is getting 4 mill from us this year. Again, not financially motivated. Further, we gave high tenders to some borderline RFAs. I expect at least three of those guys are locks to make the team. A team looking to cut costs isn't going to tender Corey freaking Proctor or Sam Hurd at a 2nd round level and then not draft or acquire anyone to take their spots.

You can point to a single stadium's naming rights but you fail to recognize that for several years the arrow has pointed downward in naming rights fees. If you think for a second Jerry had that written in pen in his plans then you are a ******* just like the "advisers" you suggested earlier.

 

[SaltwaterServr]

Jerry's financed the entire * thing people. The 350 Million was in addition to the $700 plus million he already has borrowed.

Doesn't anybody have any kind of memory or is it wiped clean with every new day? He's mentioned in interviews years old now that he has financed the stadium.

Nobody who has this kind of money is dumb enough to sink that much into it and let it sit there. Even if it is generating profit, and an interview that Jerry did about 2 years ago said the break over point would be years down the road before the economy tanked, you don't sink that much of your personal capital into the stadium.

Think about it logically. If you have $500K, do you pay cash for a $400K house and then go invest the remaining $100K? Or do you finance the necessary portion to avoid a jumbo rate loan and invest the $350K instead?

Which is smarter? $350K earning you income or $100K earning you income?

Lemme think.....

 

[CF74]

I'm secretly rooting for this stadium to break Jerry Jones so he has to sell the team. Love the Cowboys but Jerry has let me down for too long.

Bring on the kool-aid drinkers.....

I've been frustrated with Jerry's decisions but to wish failure on a man who just put up mega-millions on a new stadium has non-fan written all over it. You are basically hoping we lose more games just to get rid of Jerry. Going 5-11 for a few of seasons may get you your wish. Either that or you are extremely ungrateful in your waking life which most people are. Perhaps when you graduate from school and work you will be more appreciative, of course only after so major losses of your own....

 

[playmakers]

Jerry Jones is a billionare but that doesnt mean to say he has a billion in his banking account. The Cowboys are worth a billion and when he sells the team he will get all of his money back and then some. When he needs a 350 million dollar loan, its really no big deal. He will get it back from the stadium revenues and if not, he will pay it when he sells the team.

 

[Idgit]

I'm secretly rooting for this stadium to break Jerry Jones so he has to sell the team. Love the Cowboys but Jerry has let me down for too long.

Bring on the kool-aid drinkers.....

Way to repay the loyalty Jerry has shown the team and the service he's done to the fans!

 

[Maikeru-sama]

Jerry's financed the entire * thing people. The 350 Million was in addition to the $700 plus million he already has borrowed.

Doesn't anybody have any kind of memory or is it wiped clean with every new day? He's mentioned in interviews years old now that he has financed the stadium.

Nobody who has this kind of money is dumb enough to sink that much into it and let it sit there. Even if it is generating profit, and an interview that Jerry did about 2 years ago said the break over point would be years down the road before the economy tanked, you don't sink that much of your personal capital into the stadium.

Think about it logically. If you have $500K, do you pay cash for a $400K house and then go invest the remaining $100K? Or do you finance the necessary portion to avoid a jumbo rate loan and invest the $350K instead?

Which is smarter? $350K earning you income or $100K earning you income?

Lemme think.....

No he didnt. The citizens of Arlington are picking up quite a bit of the stadium tab.

 

[Four]

Jerry Jones is a billionare but that doesnt mean to say he has a billion in his banking account. The Cowboys are worth a billion and when he sells the team he will get all of his money back and then some. When he needs a 350 million dollar loan, its really no big deal. He will get it back from the stadium revenues and if not, he will pay it when he sells the team.

jerry ain't selling the team.

he loves the team, loves the cowboys and is a part of texas history now.

deal with it or don't, but it is what it is.