EventLongShort @EventLongShort
Long/Short investor focused on catalyst driven value. All views are my own. Joined February 2016-
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@DannyDayan5 The scale of their misses during long periods of time is staggeringly awful. If you relied on this for any job, you would be fired immediately
@esidery This is false. They can not. They are capped at the first apron.
@KeithSmithNBA It's the contract. He's overpaid. There is no market to take that on with their ask of 4 picks, which made Giannis asking out with limited teams he'd resign with a great fit to trade Brown. They couldn't get it done and the comparable trades won't be as good. Is what it is.
@MonkeyD_Sandy @JeffBiesinger OKC fans complaining about fouls. What else is new. Just a disgusting brand of basketball.
@ConsensusGurus Intriguing now at $150. What are your thoughts on two new META sized customer announcements? Don't believe it? Cause if real, looks very interesting at these levels. Has management team been conservative or aggressive in past?
@origoinvest Athene's capital requirements are going up, ROE is going down. The arbitrage that existed for Apollo and attractiveness of owning Athene is going to disappear.
@KeithSmithNBA And then there is this. They are unlikely to use their MLE next season either. It's about the money. If it was actually about positioning the team to make additional moves for players, sure. But it's not. It's tax avoidance. Fans should cheer why?
The Celtics are currently in the repeater tax, resulting in significantly higher tax rates. By avoiding the luxury tax this season and the next, they'll become standard taxpayers. This will open up a runway between 2027-28 to 2029-30 for them to spend as much as possible.
@KeithSmithNBA They had access to the taxpayer MLE, which is about $6mm. They now will have access non-taxpayer MLE but it caps at first apron so they have about $9mm they can spend of the $15mm+ limit of the exception. $3mm more. Wow! The big savings went into the owners pocket.
@KeithSmithNBA All to put a big fat check from the luxury tax paying teams into the owner's pocket! Celtics get about $3mm extra to spend using the mid level exemptions which they probably won't spend anyway because it would swing the total bill for owners in the neighborhood of $40mm.
@gaulicsmith @AGHamilton29 DHS was granted sole authority. This gets overturned potentially unanimously at SC.
@knickzfeed No chance this happens unless it's part of a bigger trade. Portland would have to throw in multiple firsts to swap Jrue for Mikal, which doesn't make sense for Knicks unless those pics go to something bigger.
@StackMonster24 @Ian_OConnor Adebo and Holland? The two worst signings of 2025 off-season in league.
@sspencer_smb @jbarro @grok is the city arguing debt costs from a mortgage are the reason it isn't feasible? In the city's briefing, it reads it's not feasibly excluding debt costs? Isn't the stalking horse bid debt free as payment is to the current mortgage lenders? cases.stretto.com/public/x447/13…
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