Hurdle fired
Moderators: SammyKhalifa, Doc, Bobster
Hurdle fired
Angles usually work both ways - Nutting could decide to move to North Carolina or Nashville or wherever.
Hurdle fired
5D545C4D43390 wrote: The lease agreement expires in 2030. From opinions I've read, the city has rights within the lease to see the clubs financials.
The lease is public record. You can read it here. Not an accountant or lawyer, so I can't tell you what this means.
4.3.1. Records. Team shall and hereby agrees to keep and maintain during the
Lease Term and for a period of three (3) consecutive years following the end of each Lease Year,
permanent, complete and accurate financial records for (i) the operations of the Ballpark, and
(ii) the operations of the Team, for each such Lease Year, which records shall be maintained in
accordance with GAAP, and which records shall be audited not less than annually by the
Accountants.
As for moving the team, Nutting (or a new owner) does that if they can get a stadium deal in the new city. That's become more difficult across all sports as voters get more tired of giving hundreds of millions of dollars in subsidies to billionaires.
The lease is public record. You can read it here. Not an accountant or lawyer, so I can't tell you what this means.
4.3.1. Records. Team shall and hereby agrees to keep and maintain during the
Lease Term and for a period of three (3) consecutive years following the end of each Lease Year,
permanent, complete and accurate financial records for (i) the operations of the Ballpark, and
(ii) the operations of the Team, for each such Lease Year, which records shall be maintained in
accordance with GAAP, and which records shall be audited not less than annually by the
Accountants.
As for moving the team, Nutting (or a new owner) does that if they can get a stadium deal in the new city. That's become more difficult across all sports as voters get more tired of giving hundreds of millions of dollars in subsidies to billionaires.
Hurdle fired
67404B68250 wrote: The lease agreement expires in 2030. From opinions I've read, the city has rights within the lease to see the clubs financials.
The lease is public record. You can read it here. Not an accountant or lawyer, so I can't tell you what this means.
4.3.1. Records. Team shall and hereby agrees to keep and maintain during the
Lease Term and for a period of three (3) consecutive years following the end of each Lease Year,
permanent, complete and accurate financial records for (i) the operations of the Ballpark, and
(ii) the operations of the Team, for each such Lease Year, which records shall be maintained in
accordance with GAAP, and which records shall be audited not less than annually by the
Accountants.
As for moving the team, Nutting (or a new owner) does that if they can get a stadium deal in the new city. That's become more difficult across all sports as voters get more tired of giving hundreds of millions of dollars in subsidies to billionaires.
To move though they would still need MLB approval? It took along time for MLB to decide to move the Expos.
The lease is public record. You can read it here. Not an accountant or lawyer, so I can't tell you what this means.
4.3.1. Records. Team shall and hereby agrees to keep and maintain during the
Lease Term and for a period of three (3) consecutive years following the end of each Lease Year,
permanent, complete and accurate financial records for (i) the operations of the Ballpark, and
(ii) the operations of the Team, for each such Lease Year, which records shall be maintained in
accordance with GAAP, and which records shall be audited not less than annually by the
Accountants.
As for moving the team, Nutting (or a new owner) does that if they can get a stadium deal in the new city. That's become more difficult across all sports as voters get more tired of giving hundreds of millions of dollars in subsidies to billionaires.
To move though they would still need MLB approval? It took along time for MLB to decide to move the Expos.
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johnfluharty
Hurdle fired
0423280B460 wrote: The lease agreement expires in 2030. From opinions I've read, the city has rights within the lease to see the clubs financials.
The lease is public record. You can read it here. Not an accountant or lawyer, so I can't tell you what this means.
4.3.1. Records. Team shall and hereby agrees to keep and maintain during the
Lease Term and for a period of three (3) consecutive years following the end of each Lease Year,
permanent, complete and accurate financial records for (i) the operations of the Ballpark, and
(ii) the operations of the Team, for each such Lease Year, which records shall be maintained in
accordance with GAAP, and which records shall be audited not less than annually by the
Accountants.
As for moving the team, Nutting (or a new owner) does that if they can get a stadium deal in the new city. That's become more difficult across all sports as voters get more tired of giving hundreds of millions of dollars in subsidies to billionaires.
Nutting was born in Wheeling, his corporation is headquartered in Wheeling, and he owns a ski resort outside Pittsburgh - he's not going to move the team.
The lease is public record. You can read it here. Not an accountant or lawyer, so I can't tell you what this means.
4.3.1. Records. Team shall and hereby agrees to keep and maintain during the
Lease Term and for a period of three (3) consecutive years following the end of each Lease Year,
permanent, complete and accurate financial records for (i) the operations of the Ballpark, and
(ii) the operations of the Team, for each such Lease Year, which records shall be maintained in
accordance with GAAP, and which records shall be audited not less than annually by the
Accountants.
As for moving the team, Nutting (or a new owner) does that if they can get a stadium deal in the new city. That's become more difficult across all sports as voters get more tired of giving hundreds of millions of dollars in subsidies to billionaires.
Nutting was born in Wheeling, his corporation is headquartered in Wheeling, and he owns a ski resort outside Pittsburgh - he's not going to move the team.
Hurdle fired
34362C2A3C590 wrote: Angles usually work both ways - Nutting could decide to move to North Carolina or Nashville or wherever.
would be a wonderful break for us if he moved this team somewhere else.
would be a wonderful break for us if he moved this team somewhere else.
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SammyKhalifa
- Posts: 3642
- Joined: Fri Jul 01, 2016 4:19 am
Hurdle fired
3C353D2C22580 wrote: Angles usually work both ways - Nutting could decide to move to North Carolina or Nashville or wherever.
would be a wonderful break for us if he moved this team somewhere else.
Um, no
would be a wonderful break for us if he moved this team somewhere else.
Um, no
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fjk090852-7
- Posts: 3745
- Joined: Sun Jul 03, 2016 2:52 pm
Hurdle fired
MLB Trade Rumors is reporting that Clint is retiring. Good luck to him in his retirement.