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All: The new Billszone site with the updated software is scheduled to be turned on Tuesday, May 21, 2024. The company that built it, Dynascale, estimates a FOUR HOUR shut down, from 8pm Pacific, (5pm Eastern) while they get it up and running. Nobody will be able to post in any forum until they are done. Afterwards, you may need to do a web search for the site, as old links will not work, because the site is getting a new IP address. Please be patient. If there are bugs, we will tackle them one at a time. Remember the goal is to be up and running with no glitches by camp. Doing this now assures us of that, because it gives us all summer to get our ducks in a row. Thank you!
There is work to be done and things to be learned. We are going to try to get the old look back - or something close to it. We also know there are bugs. A thread will be started to report bugs and then we can pass those onto the host.
Thank you for all the patience and support with this - hopefully this will greatly reduce the crashes and other site issues we have had lately.
Please use this thread to report any issues you come across
http://www.billszone.com/fanzone/forum/feedback-forums/billszone-q-a/6521455-upgrade-report-bugs-here
The amortization of the purchase price is a deduction against the income of the franchise within its own structure. It can't be written off from other entities, like any fracking companies he may still own, as you stated.
YardRat Wall of Fame #56 DARRYL TALLEY #29 DERRICK BURROUGHS#22 FRED JACKSON #95 KYLE WILLIAMS
So as I was saying…there we are sitting around the bar… ouch, nitty fell off his stool!
Interesting that you should use a bar as an analogy.
I do not drink and don't go to bars to drink. Last time I went into a bar for a drink was a few decades ago. Last time I got drunk at a bar was when I was 18 years old (back when the drinking age was 18) at our "Senior Drunk" celebration a couple of weeks before HS graduation. It was at a bar on Forest St, near Elmwood on $1 picture night.
But, I have been in bars with buddies (male and female) when we kibitz about sports and the Bills. My relatively short posts (sorry, but a 500 word post is NOT an "essay") are almost exactly what dedicated and passionate Bills fans argue about.
The ones that would whine and tell us to keep our voices down were usually the control freaks that did not know anything about football.
The amortization of the purchase price is a deduction against the income of the franchise within its own structure. It can't be written off from other entities, like any fracking companies he may still own, as you stated.
That is the general rule that a depreciation deduction/cost/reduction can only be taken against similar business income however I thought the NFL lobbied and received an exception long ago.
I will look for it tomorrow.
I thought I had posted that article here before many years ago.
FTR: Jim Heaney of Investigative Post ripped into CE Mark Poloncarz's crocodile tears re the PSL matter in his WeeklyPost column(which is posted to their website on Monday mornings....I'll link to it in this thread). Spoiler alert: He has NO kind words for Poloncarz, Gov. Hochul, Terry Pegula, or Legends(which is handling the PSL matter...or rather, NOT handling it).
John Hemingway(facing certain death): I want to see Buffalo win the Super Bowl.
David Coltrane(threatening John): Nobody's going to live that long, pal.
-The John Larroquette Show, "A Dark and Stormy Night", 4/12/94
Pegs is effectively putting up little to nothing of his own money to build the new Highmark Stadium. We're paying for the whole damned thing.
THAT's the bottom line.
John Hemingway(facing certain death): I want to see Buffalo win the Super Bowl.
David Coltrane(threatening John): Nobody's going to live that long, pal.
-The John Larroquette Show, "A Dark and Stormy Night", 4/12/94
Pegs is effectively putting up little to nothing of his own money to build the new Highmark Stadium. We're paying for the whole damned thing.
THAT's the bottom line.
Welcome to the business of modern sports. If a community wants the team, they'll have to pay for it. KC is about to go through some ugly negotiations with the community over their new stadium.
John Hemingway(facing certain death): I want to see Buffalo win the Super Bowl.
David Coltrane(threatening John): Nobody's going to live that long, pal.
-The John Larroquette Show, "A Dark and Stormy Night", 4/12/94
Pegs is effectively putting up little to nothing of his own money to build the new Highmark Stadium. We're paying for the whole damned thing.
THAT's the bottom line.
100% accurate.
There is not ONE PENNY coming out of his pocket. NOT ONE!!!!
Any money coming from the "Buffalo Bills" will be from their operating funds (around almost GUARANTEED $500+ MILLION per year (and GUARANTEED to increase every year) and over $100 PROFIT every year), while the value of the team has already skyrocketed 164% or $2.3 BILLION since he bought it a short 10 years ago and almost GUARANTEED to go up year after year after year. As I already stated (but it really needs to be repeated over and over again)...
Mr Pegula "recovered his initial investment" some time ago, as both increase in value (if he sold the team) and operating profit piles up and shows no end in sight (especially considering it's GUARANTEED income stream (that is ever increasing via TV contacts) and GUARANTEED LIMITED labor cost (due to CBA that limits payroll to per-determined percentage of sales....I know of no other business with this model)
As a small business owner in the past I would have LOVED to have this type of cushy, RISK FREE business model.
There is not ONE PENNY coming out of his pocket. NOT ONE!!!!
Any money coming from the "Buffalo Bills" will be from their operating funds (around almost GUARANTEED $500+ MILLION per year (and GUARANTEED to increase every year) and over $100 PROFIT every year), while the value of the team has already skyrocketed 164% or $2.3 BILLION since he bought it a short 10 years ago and almost GUARANTEED to go up year after year after year. As I already stated (but it really needs to be repeated over and over again)...
Mr Pegula "recovered his initial investment" some time ago, as both increase in value (if he sold the team) and operating profit piles up and shows no end in sight (especially considering it's GUARANTEED income stream (that is ever increasing via TV contacts) and GUARANTEED LIMITED labor cost (due to CBA that limits payroll to per-determined percentage of sales....I know of no other business with this model)
As a small business owner in the past I would have LOVED to have this type of cushy, RISK FREE business model.
But I don't begrudge NFL owners their riches, just like I do not begrudge NFL players their riches. Players, in particular, deserve every penny they can wring out of the system while they have the chance.
There are a relative handful of men in the whole world that can even play in the NFL much less excel at a high level.
As I said (about the Mr. Pegula) BUT, basically CRAPPING on the loyal fans who have put up with mostly a **** product for the majority of the teams 64 year existence, who support this team no matter WHAT....and disrespecting them squeezing ANOTHER $200 MILLION out of them (because he can) when he is reaping MASSIVE RICHES (on top of the already obscene wealth) seems a bit repulsively repugnant and selfish to the nth degree.
Pegula could easily bestow a gift to the fans by saying HE will pay, out of his own deep, deep pocket the PSL for most of the fans (maybe he could base it on income...extremely high income people still have top pay, because they can).
Even the whole $200 is relative pocket change for a billionaire like Pegula. The reality is undeniable.
Here is a comparison to what percentage of Pegula's net worth it would take to cover that $200M (2.94%) and the median American household by age group (median is 50% have higher and 50% lower)...
Age of family head (or reference person)
Median net worth
Amount equal to Pegula's $200M
Less than 35
$39,000
$1,147
35-44
$135,600
$3,988
45-54
$247,200
$7,271
55-64
$364,500
$10,721
65-74
$409,000
$12,029
75+
$335,600
$9,871
Now, this is a rhetorical exercise. We all KNOW why these filthy rich owners will wring every last dime out of their customers.....BECAUSE THEY CAN!!!!
Believe me, there are a lot of 40, 50, and 60 year season ticket holders that simply cannot afford to renew.
They worked their way into the best seats in the house, by upgrading every few years, until they were in the lower bowl, in between the 35's.
Now a good portion of those seats are designated as "Club", despite the fact that they are outside in the elements.
Add on a 20K PSL (per seat) and they are now unaffordable.
I think the actual tickets are 4300 per seat, but don't quote me on that.
And if one plans to downgrade to the upper deck, where it may be more affordable, they have to wait for another shot at tickets, until after the upper deck people have been given their options.
So yea, long time fans are really getting screwed.
Believe me, there are a lot of 40, 50, and 60 year season ticket holders that simply cannot afford to renew.
They worked their way into the best seats in the house, by upgrading every few years, until they were in the lower bowl, in between the 35's.
Now a good portion of those seats are designated as "Club", despite the fact that they are outside in the elements.
Add on a 20K PSL (per seat) and they are now unaffordable.
I think the actual tickets are 4300 per seat, but don't quote me on that.
And if one plans to downgrade to the upper deck, where it may be more affordable, they have to wait for another shot at tickets, until after the upper deck people have been given their options.
So yea, long time fans are really getting screwed.
The (unfortunate) alternative is that the area doesn't cave and they move the team to a city like San Antonio that will (willingly) pony up the money.
I don't like this new business model, but it's just a reality. They have truly priced out the "normal" people.
They just kicked 50+ year season ticket holders out of the stadium. Didn't even offer an apology or write a canned letter or anything. Let them find out on the news.
Welcome to Thurman Thomas' world.
That's right when they dicked me around on a season ticket issue and I told them to shove it.
The Bills and the NFL never saw season ticket holders as their loyalist fans like many season ticket holders of the Buffalo Bills see themselves. Instead, the Bills and the NFL have always seen season ticket holders as the ones with enough disposable income they don't give a **** when they are treated like ignorant dupes.
With a new stadium coming and all these market issues to be sorted out I can see them clinging onto this above average mediocrity as well.
Talk about doom and gloom. I didn't make this **** up. Neither did Op.
But at least there is a team in New York State ... that is what you win. A team in New York State.
Congratulations.
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