Kraft Selling the Team!! Well sort of...

[ViperGTS]

Selling 3 percent to a private equity firm. Guess couldn't do that for TB12 eh?

Robert Kraft to sell minority stake in Patriots to two buyers: Report

Robert Kraft and his family plan to sell 8 percent of the Patriots, including 3 percent to the private equity firm Sixth Street, per a report.

www.nbcsportsboston.com

 

[signbabybrady]

Does he even really like Brady?

 

[Love The Drake]

Does he even really like Brady?

This pisses me off.

 

[Pape]

Brady was looking for a discount buy in... RKK wasn't going to do that... so he went to the one who probably would, Prince Valiant Mark Davis

and you will start seeing more teams do this... surprised more haven't jumped on the ability to add a fresh cash infusion into their coffers...

 

[Clonamery]

So that's well over $700M (9.25B X 8%) if they are using that valuation.

 

[signbabybrady]

So that's well over $700M (9.25B X 8%) if they are using that valuation.

I wonder what they'll buy with all that?

 

[signbabybrady]

This pisses me off.

I was being sarcastic if that helps

 

[Love The Drake]

Not really Brady the Raider is disgusting.
Brady the Buc should of never happened.

 

[Ross12]

Brady was looking for a discount buy in... RKK wasn't going to do that... so he went to the one who probably would, Prince Valiant Mark Davis

and you will start seeing more teams do this... surprised more haven't jumped on the ability to add a fresh cash infusion into their coffers...

Good point. Maybe Kraft needs a cash infusion in order to start spending big more often, like some of the top teams have been.

 

[Pape]

Good point. Maybe Kraft needs a cash infusion in order to start spending big more often, like some of the top teams have been.

he's not spending that money on players... thats going to bank roll the future expansion of the luxury homes like the Miami Condo and add to his fleet of Bentleys... and I'm sure Jonathan will get a slice of the pie so he can, what? add to his stamp collection? have no idea what Jonathan likes to do... but i can picture him collecting stamps...

 

[Thunderhead]

Good point. Maybe Kraft needs a cash infusion in order to start spending big more often, like some of the top teams have been.

Really wish I could believe that. Time will tell.

 

[maust]

So that's well over $700M (9.25B X 8%) if they are using that valuation.

$700M here, $700M there and before you know it you're talking real money

 

[mike_usagisan]

I wonder what they'll buy with all that?

It's nice to have some walking around money.

 

[everlong]

This probably has to do with the Revolution stadium.

 

[Ross12]

Really wish I could believe that. Time will tell.

Oh yeah. It's some big time copium.

 

[Real fan 02]

Does he even really like Brady?

Brady and Seymour are better off being % owners of another team like they already are. he pretty much has free reign to do whatever he thinks is best from LV... doubt he'd have the same setup accordingly here..

 

[ahmed]

I wonder what they'll buy with all that?

My guess is estate planning as I assume most of Kraft's networth is the Patriots.

 

[Grogan14]

Kraft plans to use the money for a retractable domed roof…..

For his Palm Beach home

 

[Clonamery]

I wonder what they'll buy with all that?

Gotta pay for that Brady Statue.

 

[signbabybrady]

Gotta pay for that Brady Statue.

I figured the Nike swoosh paid for that lol