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Brutus_buckeye

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Everything posted by Brutus_buckeye

  1. I do not think that is the case. I have spoken to him a number of times and he is supportive of city initiatives (not to the ends that a progressive living in the city would be but he is a regional player). If I had to guess, I would imagine his holdup is two fold. 1) Is the city getting the best deal they can for selling such an important asset? That is truly a question that could never be answered with certainty given the valuation process in fixed assets. 2) Will the principal be adequately protected (i.e. how easy or difficult will it be for the city to dip into the principal to pay for one time budget plugs or fund other initiatives that may be appealing to voters in the future)? Certainly, you want to make sure that the principal cannot be invaded very easily and there would be a lot of challenges in doing so, however, you would not want to set something up where it could never be invaded. If say 50 years down the line, such funding source is no longer adequate or there is such a severe problem that the only way out would be to invade the principal of such asset, it would make sense to do so under rare circumstances. The documents have to be somewhat flexible but can't be too flexible such that next term's council cant say they want to use $200 million of it to pay for low income housing construction or guaranteed college to city high school grads.
  2. I think Blessing signs off but he will probably insist on more strings attached to the trust fund and limitations on how the city could use the proceeds of the fund or more importantly (which is probably the big thing) more restrictions on when the city could invade the principal on the fund (if ever).
  3. Probably a better question for @thomasbw. My guess is no because the city does not own FWW and probably would not be responsible for maintaining it. Not sure how caps would play into that. Also, it would likely depend on how the trust fund for the proceeds is structured as to what would be an allowable distribution of funds. There is probably still a lot of balls in the area that would have to be decided before it is determined how to actually use the proceeds.
  4. That is not really a likely nor feasible option. IF, any money from this would go to upgrade Paycor, it would likely be confined to road and other infrastructure projects around the stadium, not the stadium itself. The sale of the Railroad is a city asset. The city does not own the stadium and does not have control of the stadium. THe County owns the stadium. The county does not get any funds from the sale of the railroad. These are city funds.
  5. Compared to who? Compared to the rest of Ohio?? Of course. The Enquirer and Dispatch suck. The PD is hands down the best paper in Ohio (although the Beacon Journal has not bad either, but it has been a while since I really read that one). There are many newsworthy stories in Columbus and Cincinnati that would be worthy of the PD having a reporter cover. That being said, sports is local and does not really carry as far. Cleveland fans really could care less about the Bengals and if they would care about another NFL team, it likely would make more sense to have a reporter on the Steeler beat. Outside of Dayton, Ohio is a Browns state and likely always will be I have always found it fascinating how the Enquirer never even bothered to have an Ohio State reporter yet the PD has a Bengals beat writer.
  6. I find it quite fascinating that the Plain Dealer has a Bengals beat reporter, whereas the Cincinnati media could care less about the Browns. Is it a Burrow thing or something else? Why would the PD be devoting time to covering the "other" team in Ohio?
  7. Thank God it was not Dillingham
  8. You also have to look at who would be realistic suitors to buy Key. Citi would likely not be a logical candidate for numerous reasons, regulatory being the most significant. Also, per a number of bank execs at some regional banks I have spoken with who underwrite some acquisitions (on a much smaller scale), banks are trading at a premium and it really would not make sense to go after a traditional brick and mortar bank like Key at this time, given the premium you would need to pay for them. It is not a bank in distress, but it is also not a superstar in the sector either. More or less, it is an average bank, and to acquire such an asset you would have to way overpay for the value that you would actually get from it. Many banks right now are focused on acquiring Fintech assets and you are starting to see their acquisitions and investments play out in those arenas. My guess is the next big bank merger that creates a splash will be a bank that has a large fintech presence in their portfolio.
  9. This is pure speculation here, my guess is that these call options were purchased in mid/late January 2022 (1 year term) which would make sense given the maturity coming up. At that time the stock price was trading around $27.15/share. In that range $30/share seems like a reasonable bet given the ordinary course of business and expecting to continue 2022 at the same pace as 2021. As we can see now, that January 2022 bed as turned out to be a poor one. https://www.macrotrends.net/stocks/charts/KEY/keycorp/stock-price-history#:~:text=The all-time high KeyCorp,above the current share price.
  10. I dont see Key being bought out either. I tend to agree with you that $30/share is less likely than a put at $12/share, and I doubt there really is a serious takeover account. What does make me curious is the price that a call at $30 would trade for when it was purchased. If someone was placing a stupid bet but it was a pennies on the dollar bet, then chances are you have a speculator just pulling the lever and hoping something comes up big once in a while (I would suspect this is what is going on). I am curious as to how big your portfolio would need to be to place a bet like this knowing you are probably just pissing the money away
  11. How long ago were those calls placed? Do you know that the approximate price was when those calls were placed?
  12. Isn't his DC Brohm's younger brother? I heard he was going to Cincy with Satterfield but that was before his brother took the job at Louisville.
  13. Would you fly Breeze again? How would you compare it to other discount airlines like Frontier, Allegiant, Spirit?
  14. What cities does Breeze fly too out of Columbus?
  15. Does Breeze already fly to Columbus or are these the first routes?
  16. But football is a game of matchups. OSU unfortunately does not matchup as well with scUM as it does other teams. I think the Buckeyes would give Georgia a run for their money and would not be surprised if they win. This is not the same UGA as last year and their D is not as dominant (still very good). They also do not run as well as UGA teams have in the past which has proven to be OSU's Achilles heel the last few years.
  17. We were up there in August because they had the kids american Ninja world championship there. It was such a cool place for the event and it was a phenomenal August day in the upper 70s. The views were great and looking out over the city was cool too. I just knew I would not want to be there in January when it was below 0 up there. It has a bit of an urban brewery vibe to it but really more of a hockey arena. I can see where the outdoor vibe would play well up there though.
  18. It was interesting in your photo that everyone was sitting on the inside and not in the bleachers? Was that because it was raining/snowing outside when you were there? The metal bleachers look way too cold on a day like that. At least it would have made sense if they could put some type of tarp up to block the wind that they can remove when needed. I guess they are more used to it up there though.
  19. Please do not pick Dillingham
  20. I do not know the specifics on how ESPN will select their Big 12 game in 2024 but it is important to remember that CBS no longer will have the SEC game of the week. ESPN will have 100% control over all the SEC content which means that ESPN will want to fill their inventory with SEC games (since they are paying a pretty penny for it) even if they have some contractual flexibility. I do believe from what I remember about the SEC contract, was that pretty much all the SEC games would be carried on a linear network and not a streaming channel. So ABC/ESPN/ESPN2/SEC Network would split a slate of 6-8 SEC games per week (once conference games roll around). Also, worth noting, starting next year partially and then becoming fully integrated in 2024, CBS will have the #2 BIG selection every week and is contractually obligated to show that in the 3:30 window. They will typically be going against the #1 or #2 SEC game of the week, depending on how ESPN/ABC want to schedule things. NBC will have the #3 BIG game per week in the 8:00 Window and FOX has the top BIG game every week in the BIG noon window. So for the BIG 12, it means the noon window on FOX is completely boxed out for their top games. On ESPN/ABC, they likely would have room in the noon window to go against FOX, but that will often involve competing against an Ohio STate, Penn State, Michigan and/or USC who are ratings juggernauts. They could go to 3:30 on ESPN but it means going against a top BIG game on CBS and Top SEC game on ABC, or they could be at night on FOX or ESPN and compete against a #3 BIG game on NBC and a potentially lesser slate of SEC/ACC games on ESPN. I do not mean to make this sound like a bad position for UC, because clearly, it is better than the alternative in the AAC or even what the PAC and ACC have and the BIG 12 has certainly positioned itself as the #3 conference going forward, and that provides a ton of stability and growth options.
  21. Right, Fox is locked in with the BIG 10 game no matter who it is, a crappy BIG game will always take precedence over a more compelling matchup somewhere else. I am not sure how the SEC/Espn priority lies or even how it works with the ACC, but you have to figure that there are still limited windows there to highlight a top Big 12 game given the priority the SEC would have over certain time windows. Also, play this out some more. You have 4 teams in the Big 12 that are in the top 10 and they are matching up in the same weekend. Given that Fox has the second pick of Big 12 games, that top 10 matchup will be on FS1 while the main Fox channel would show Michigan/Rutgers or some mismatched BIG game.
  22. It is a cool place, I was there this summer. Would hate to be there in the winter though. Spending all day outside in January for a hockey tourney is not my idea of fun there. Now, in August, it is beautiful and has great views of the river. It is a cool area, but the big detriment to it is that it does not connect well with the city and I feel it needs a little more food/or other attractions there. It is cool what they have done with it, considering it was just a wasted hulk of industrial buildings prior to this. I also love how LaBatt's painted the old Silos to look like beer cans.
  23. That is true, the BIg 12 is positioning themselves as the strong #3 behind the BIG and SEC. Big 12 will have decent exposure but will play second fiddle on National TV to the $EC and BIG for timeslots. The top BIg 12 game may only be on FS1 that week in a 3:30 time slot going against the top $EC game on ABC and 2nd BIG game on CBS. It is harder to draw eyeballs for the Big 12. But they are still better off than the PAC who will be on Apple TV or ESPN After Dark and the ACC which is going ot be on ESPN2 or ESPNU or ACCN. The BIG is top heavy as well as the SEC. Let's face it, the BIG contract is paying for Ohio State, Penn State, Michigan, USC. The rest is filler (Wisconsin, Iowa, Nebraska, Mich State, UCLA could provide content but are secondary). The SEC contract is all about Texas, Oklahoma, Bama, LSU, UGA, Florida. The other SEC teams (sorry Auburn, Tennessee) are secondary. Anytime Ohio state plays, they will get bigger billing. Ohio State/Rutgers or Michigan/Indiana will still get better TV placement than UC Oklahoma state. Those names just draw eyeballs. Also, per the Fox Contract the BIG will always have the BIg Noon slot on Fox. If say the matchups are Michigan/Rutgers (unranked) , Ohio State/Indiana (unranked) vs #4 Okie State vs #6 UC, the UC/Okie State game will be on FS1 and the Ohio State or Michigan game will be on the main network (because of the contract). Now ESPN could get the game (and I believe ESPN actually would have first choice) but this game may be delegated to ESPN or ESPN 2 depending on what the SEC schedule looks like and their obligation to the SEC contract. This is an important fact to keep in mind. If, in a given year, you have a top matchup in the Big 12 that would otherwise command a ton of eyeballs, the networks do not have the flexibility anymore to shuffle them to their top tier network per the BIG and SEC contracts (especially the BIG contract)
  24. Brutus_buckeye replied to a post in a topic in Sports Talk
    From a structure standpoint, the US has stepped up and is doing a much better job developing talent than in the past. They have a much better infrastructure to compete. If you look at the Premier League, La Liga, Bundesliga (spelling), Italy, etc, you now have American athletes playing in those top leagues whereas 30 years ago, that was unheard of. Top players on team USA are playing in Europe now whereas in the past the best we could hope for were top MLS players. The US should be commended for maximizing the talent with their resources. However, the biggest setback for soccer is that the US still does not have the top athletes in the game. US kids still prefer basketball, football and even baseball to soccer. While soccer leagues excel here on developing talent at higher levels, more recreational level teams struggle. Kids who may not be players at the highest or higher levels (even in high school) lose interest and follow other sports for their casual fandom. This is is one area where soccer in the US struggles still
  25. It is not that Cincy or a BIG 12 team cant compete in the new reality or even an ACC team like Clemson cant compete and win in the new playoff. They can. However, those opportunities will be much more limited. Ohio State, Michigan, Alabama, Georgia, LSU, USC will make the playoff every year. The Big 12 will have an alternating team that can get in and same with the PAC (depending on what it looks like) The ACC will have Clemson in more often than not and Notre Dame is likely to be there every year too. That leave one open spot for another at large team. the odds are it will go to a team from the BIG or $EC simply because they have more money and more importantly more exposure. Look at UC over the last few years as they clawed their way into the playoff. It took 3-4 years of program building and 2 years in a row of being undefeated and beating the likes of ND and Indiana to get there. It took UCF and Houston getting slighted in the past. Now, while UC could not compete with Alabama or Georgia, neither could anyone else, but UC could certainly have beaten half the $EC and BIG last year. However, given the perception of being in the AAC that kept them from getting the credibility they deserved. Now, people say that is no longer an issue since they will be in the Big 12. Certainly that will help some, but as the perception of the BIG and $EC grows, it will not eliminate the gap. It only will mean the BIG 12 is equal to the PAC and ACC but still below the $EC and BIG. The other main issue that UC and all teams not in the BIG or $EC will face is exposure. The $EC has an exclusive contract with ESPN going forward giving it the first opportunity of prime viewing slots for their conference. The BIG contract with FOX, NBC and CBS does the same. As a recruit, fan, or voter in the polls, the eyeballs will go to the team that has the most exposure. Being on streaming all the time limits your exposure. Any team outside the BIG and $EC will face those issues. The Big 12 is better positioned than the ACC and PAC, but still will play second fiddle. It is going to create the growing perception of the power conferences which is another reason why the top coaches want to be in the BIG and $EC going forward