tag:blogger.com,1999:blog-4234337357347181796.post3400606210788995159..comments2023-10-25T08:28:57.428-04:00Comments on Unprofessional Foul: Timbers Ticket Sales UnderwhelmingUnknownnoreply@blogger.comBlogger31125tag:blogger.com,1999:blog-4234337357347181796.post-36902888857186580472009-04-27T15:36:00.000-04:002009-04-27T15:36:00.000-04:00Paulson on the radio a couple nights ago said "500...Paulson on the radio a couple nights ago said "5000 MLS season ticket equivilants sold thus far without any marketing". He said they would go full-on marketing once the deal is done done.Bobhttps://www.blogger.com/profile/08798158406224341392noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-29337694223715433102009-04-10T12:17:00.000-04:002009-04-10T12:17:00.000-04:00@TheFansAtticYou said, "With all due respect Garre...@TheFansAttic<BR/><BR/>You said, "With all due respect Garrett, Mr. Bogdanski is a five-time recipient of LC Law School professor of the year award, selected by the students."<BR/><BR/>Tell that to his student currently sitting next to me. He would beg to differ. Just cause Bogdanski is kind of funny while teaching a class doesn't mean he's an intelligent policy maker or understands anything beyond his narrow reach.<BR/><BR/>When I was in college there was a professor who made fun of Bill Clinton and Al Gore relentlessly. I thought it was hilarious. Two years later he was making Bush jokes... it doesn't mean he was some sort of policy making genius...he was just funny.blackedouthttps://www.blogger.com/profile/04635295169176223702noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-8431944247338030422009-04-09T19:08:00.000-04:002009-04-09T19:08:00.000-04:00-----The Fan's Attic said... As far as Bogdansk...-----<BR/>The Fan's Attic said...<BR/><BR/> As far as Bogdanski is concerned, yes he may not be a power player in Portland, but he has shown himself to be a person of great persistence and he bangs his drum loudly and some important people listen. <BR/><BR/>Personally, I think he is a bit too much like a "Get off my lawn" guy, but he has show himself to be out front on many issues that then get picked up on a broader scale.<BR/>--------<BR/><BR/>You have just, in so many words, actually called him an irrational blowhard, and cited the worst possible reason to listen to the guy--the belief that others might be. An Emperor's New Clothes phenomenon if I've ever heard one.<BR/><BR/>His belief that you have to make a 6% return on the franchise fee (what, is he forced to give the franchise away at the end?) clearly comes from nowhere but the dark corners of his own frightening mind, a view I'd rather have been spared.<BR/><BR/>I think others only do him favors by calling him a "liar"--a liar has the decent respect for the truth, purely as an opponent of it, to cover it up. This fella is just too arrogant to bother with truth in the first place.<BR/><BR/>The anatomy of a blowhard is to half-ass the research, still believing that your 2 minutes of investigating the issue is worth more than the weeks others have spent doing it. It's too lazy find out all the facts, but also too arrogant to acknowledge that publicly.<BR/><BR/>People flock to blowhards because they crave two things in life--simplicity and conflict, and blowhards deliver both. . . at the expense of seriousness and truth.Stanhttps://www.blogger.com/profile/12459194775803551721noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-41237714972265815642009-04-09T15:33:00.000-04:002009-04-09T15:33:00.000-04:00Clearly all the students who voted for him were pa...Clearly all the students who voted for him were paid off by Construction Unions...lazer cannons or clean sidewalkshttps://www.blogger.com/profile/01028998165745332614noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-20834483501615177962009-04-09T15:32:00.000-04:002009-04-09T15:32:00.000-04:00That tells me more about the quality of L&C la...That tells me more about the quality of L&C law students than anything I might have learned elsewhere.<BR/><BR/>Google the terms "Jack Bogdanski" "Sarah Palin" and "pregnancy" and then tell me how superlative this joker's mind is.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-85581884484656593532009-04-09T14:39:00.000-04:002009-04-09T14:39:00.000-04:00With all due respect Garrett, Mr. Bogdanski is a f...With all due respect Garrett, Mr. Bogdanski is a five-time recipient of LC Law School professor of the year award, selected by the students.The Fan's Attichttps://www.blogger.com/profile/10704334019031698607noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-22602138974755298842009-04-09T12:21:00.000-04:002009-04-09T12:21:00.000-04:00Every time I come across the 'thinking' of Chairma...Every time I come across the 'thinking' of Chairman Bog I am amazed that a man of such intellectual, moral and personal vacuity is employed as a teacher of anything anywhere. What a charlatan. I pity the women, children and students in his life.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-44373133006528555222009-04-09T12:20:00.000-04:002009-04-09T12:20:00.000-04:00@Bob Right on. Bogdoucheski is really nothing more...@Bob <BR/><BR/>Right on. Bogdoucheski is really nothing more than a joke to everyone but his sycophants. All 18 of them.blackedouthttps://www.blogger.com/profile/04635295169176223702noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-31356271507133124842009-04-09T12:06:00.000-04:002009-04-09T12:06:00.000-04:00Why would Failed Journalist Jack be interested in ...Why would Failed Journalist Jack be interested in examining both sides of an argument and learning the facts? The secret is that Failed Journalist Jack could care less about the stuff he posts on his blog. If he truly cared about stopping MLS from coming to Portland wouldn't he have shown up and testified against it? Wouldn't he have organized an opposition to stop it? Wouldn't he have interviewed some of the actors involved? Wouldn't he have done the wee bit of research about the league? Wouldn't he have done something other than post untruths on a blog that City Hall folks laugh at?<BR/><BR/>When was the last time you saw Failed Journalist Jack at a City Council meeting? Or a neighborhood association meeting? Or campaigning for candidates? Or engaging people with differing views in an honest discussion about serious issues? <BR/><BR/>Never<BR/><BR/>For Failed Journalist Jack none of this is about making Portland a better community. This is simply an online game to distract him from a mundane job at a 70-something ranked law school.Bobhttps://www.blogger.com/profile/08798158406224341392noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-58883601532016934012009-04-09T11:42:00.000-04:002009-04-09T11:42:00.000-04:00Jack Bog is a total nut. I work with one of his st...Jack Bog is a total nut. I work with one of his students. He apparently has no idea his students have 0 respect for him. Notice how he doesn't actually point out anything but false numbers he made up. Finnegan just used him as toilet paper and he didn't have anything to say about it. <BR/><BR/>Oh and Jack...revenue is very mixed. For your information there are lots of revenue streams in sports. You can't be so naive to believe it costs $3.00 for a 22 ounce soda can you? Money is made through a lot of different angles including the team gaining in value over the years. <BR/><BR/>You can keep ranting Jack. Its sort of funny reading your inane blithering arguments about how the MLS is going to fail. You could literally take the exact things you're saying right now and replace them with the same arguments people made in the 70s against the NBA. I wonder how those folks that argued against the NBA in the 70s feel now?blackedouthttps://www.blogger.com/profile/04635295169176223702noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-82580107983072177642009-04-09T11:24:00.000-04:002009-04-09T11:24:00.000-04:00As The Fan's Attic provided: Paulson is probably d...As The Fan's Attic provided: Paulson is probably doing what most sports owners are doing, looking for a ROI of his $47.5mil when he sells the team. Example: Howard Shultz bought the Seattle Sonics for $200 million in 2001. He sold the team for $350 million in 2006. Good or bad investment? <BR/><BR/>I am not privy to his terms with the 11.8 million of private investment that he's pursuing. If it's straight debt it could cost between $800K and $1mil per year depending on repayment terms. It might be a 30% ownership stake in the team to be realized monetarily when the franchise is sold. It might be a gift from his grandmother. But It's a good question to determine if it directly affects the operating costs.<BR/><BR/>As for URDs, you know they are paid with future property tax revenue from the URD district. Frankly, I think this is the strongest concern and argument against this plan. If those opposed to this project focused solely on the URDs and that portion of funding you might gain some traction. But there's a huge difference between the repayment mechanisms of $33.5 million in URD funding and the total expense of $125 million. To simply lump them together in that way is a real distortion.Brucehttps://www.blogger.com/profile/11466106703056771899noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-13311329877150374512009-04-09T08:36:00.000-04:002009-04-09T08:36:00.000-04:00Bring MLS to Miami.Bring MLS to Miami.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-25322134428890928382009-04-09T04:53:00.000-04:002009-04-09T04:53:00.000-04:00We can debate the usage of URDs if we wish, but th...<I>We can debate the usage of URDs if we wish, but that debt gets retired through a different revenue stream entirely.</I><BR/><BR/>And what revenue is that? And how do the Paulsons and their investors get a return on their investment?<BR/><BR/>I am glad I don't own stock in the bank that you work for.Jack Boghttps://www.blogger.com/profile/00450995844420265187noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-28697759572708933352009-04-09T01:42:00.000-04:002009-04-09T01:42:00.000-04:00http://www.portlandonline.com/omf/index.cfm?a=2311...http://www.portlandonline.com/omf/index.cfm?a=231170&c=49495<BR/><BR/>There's plenty of revenue from the stadium to cover the expected debt on the spectator fund bonds ($31.6 million on both stadiums). PGE Park would generate about $1.6 million a year in ticket taxes and rent. $13.8 million would be conventional bonds, probably at 5% for 25-year payment of $968,000 per year (or Jack's 6% for 30 years - $993,000 basically the same annual cost). The rest ($17.8 mil) might be higher rate bonds, maybe at 9% for 25-years, a cost of about 1.8 million a year. So total stadium revenues into the spectator fund would need to be about $2.8 million from both stadiums - a projected need from the baseball stadium of $1.2 million in ticket tax, rent and parking. That's the end of Portland Timbers/Beavers known obligation for this debt repayment. The rest is $18.5 million of URD debt and the $15 million gap which may or may not be a URD. We can debate the usage of URDs if we wish, but that debt gets retired through a different revenue stream entirely. <BR/><BR/>I think I do share a common question with Jack, which is the status of the existing debt on PGE Park and how it is repaid going forward. It is a legitimate question that deserves an answer.Brucehttps://www.blogger.com/profile/11466106703056771899noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-31713303204453959792009-04-09T01:25:00.000-04:002009-04-09T01:25:00.000-04:00Jack,You are a certified liar and I would be more ...Jack,<BR/><BR/>You are a certified liar and I would be more than happy to point out the numerous occasions that you have lied on this issue alone on your blog. Not to mention the paranoid, racist, homophobic and sexist crap your supporters post in the comments that go untouched by yourself.<BR/><BR/>Since this is the only forum that you actually engage substantive criticism as you ban anyone who disagrees with you and your 10 sycophants I will point out the utter folly in your argument on this blog (it's amazing someone that plays so fast and loose with facts and the truth could be a law school professor but then again Bush became President so I guess anything is possible)<BR/><BR/>Okay, if you had read the agreement as laid out to City Council last month (something tells me you have but since the facts don't jibe with your bitter, angry world you ignore them) you know that the Paulson family money has guaranteed payments on the bonds for their projected 25 year lifetime so your inane statement about Paulson and profit is completely pointless. It doesn't matter if Paulson gets 1 person or 24,000 per a game the taxpayers are protected.<BR/><BR/>Yet you persist to LIE, yes LIE, that taxpayers are on the hook here. And bizarrely, are now suddenly worried about how much money Merritt Paulson is going to make on this deal.<BR/><BR/>You also like to use a 6% number on the bonds, and the $130 million price tag (both of which you are pulling out of your you know what) but won't account for baseball attendance at the new stadium.<BR/><BR/>Finally, you have slandered and simply made up LIES about the good people who support this effort. You have, without any evidence whatsoever, slandered the 300 + people who came out to support MLS to PDX by accusing them of being paid by "union bosses and construction company owners". That sir is what I call a LIE. You are a LIAR.<BR/><BR/>Speaking of lies, why have you chosen to omit your blog from your curriculum vitae in your bid to foist your insanity on the good people of University of Montana? I would provide the search committee with a link to your borderline insane rantings but frankly any way we can rid this city of your pestilence and filth I will take.Finneganhttps://www.blogger.com/profile/02244044531991627381noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-50334409708179558952009-04-09T00:04:00.000-04:002009-04-09T00:04:00.000-04:00Have many companies have you run in your lifetime,...Have many companies have you run in your lifetime, Jack?Bobhttps://www.blogger.com/profile/08798158406224341392noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-60037362682156435702009-04-08T23:43:00.000-04:002009-04-08T23:43:00.000-04:00What do the NFL TV & Sponsorship deals pay eac...What do the NFL TV & Sponsorship deals pay each team? Doesn't the English Premiership get $2 billion a year from Sky for its twenty clubs? Ya $7.8m is way out of reach.Unknownhttps://www.blogger.com/profile/06291449510384684277noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-83920823662057185392009-04-08T22:58:00.000-04:002009-04-08T22:58:00.000-04:00That would be the safest bet I ever made. You are...That would be the safest bet I ever made. You are truly detached from reality.Jack Boghttps://www.blogger.com/profile/00450995844420265187noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-63662761638532936652009-04-08T22:56:00.000-04:002009-04-08T22:56:00.000-04:00So Jack, if the Portland Timbers earn $7.8m a year...So Jack, if the Portland Timbers earn $7.8m a year profit are you going to stop writing your ridiculous blog after issuing a public apology?Unknownhttps://www.blogger.com/profile/06291449510384684277noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-64734261298831295402009-04-08T22:54:00.000-04:002009-04-08T22:54:00.000-04:00I didn't appreciate being called a "certified liar...I didn't appreciate being called a "certified liar" by some goofball loan officer who mischaracterized my writings. Otherwise, the whole Paulson deal is so stupid that it doesn't need me to make the case against it.<BR/><BR/>This is mostly about taxpayers being fleeced for the construction company owners' mafia and the unions -- just like on "The Sopranos." Delusional sports fans like "Bruce" are mere pawns in the game.Jack Boghttps://www.blogger.com/profile/00450995844420265187noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-36944803900058014512009-04-08T22:40:00.000-04:002009-04-08T22:40:00.000-04:00Jack Bog and Bruce, how about you two talk past ea...Jack Bog and Bruce, how about you two talk past each other a little bit more? That will be fun. <BR/><BR/>Bruce's point is that you keep citing $130M as total cost to the city, which is incorrect. Jack's point is that there needs to be a ROI for Paulson above and beyond the repayment of the bonds. <BR/><BR/>Great...now that you guys understand each other's points, quit being internet flamers. <BR/><BR/>Bruce has a valid point and so does Jack. But, I would pose to Jack that all Paulson, et al., have to do is increase the value of the franchise, not necessarily turn an operating profit every year. If Paulson can sell his interest in the franchise, or a portion of it, for a profit, then that's all that matters. <BR/><BR/>As a matter of fact, I'm pretty sure the organization won't make a profit for the first few years as most businesses do not. <BR/><BR/>As for Bruce, don't be naive, Portland will never make any money out of this deal. It'll pay back the bonds, maybe, but it won't be a financial boon to the city. Sports teams never are, rather the common argument is that they add to the social capital of an area.The Fan's Attichttps://www.blogger.com/profile/10704334019031698607noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-27582087621916575482009-04-08T21:58:00.000-04:002009-04-08T21:58:00.000-04:00The Portland Freakin' Beavers and the Portland Fre...The Portland Freakin' Beavers and the Portland Freakin' Timbers will never, ever produce anywhere near $7.8 million of profit above operating expenses. At any time in the lifetime of anyone who is reading this. The total ticket sales of the two of them probably will fall short of that number. Have fun, kids, but you are dreaming.Jack Boghttps://www.blogger.com/profile/00450995844420265187noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-52907304759869542752009-04-08T20:42:00.000-04:002009-04-08T20:42:00.000-04:00The ticket sales numbers are directly from the Tim...The ticket sales numbers are directly from the Timbers organization. They won't give me an update and frankly I think it is because the sales are underwhelming. <BR/><BR/>Vancouver sold out of it's initial 5,000 deposits in 48 hours. Portland is still advertising its initial 5,000 three weeks later and now setting some sort of deadline. <BR/><BR/>It is clear that ticket sales are not going as well as they would have hoped. They would rather not spend the money on advertising but that is not the case. <BR/><BR/>There are probably several factors that play into this, some of which I mentioned in the post, including but not limited to the time until the season's start, the economy, and possibly disinterest. <BR/><BR/>As far as Bogdanski is concerned, yes he may not be a power player in Portland, but he has shown himself to be a person of great persistence and he bangs his drum loudly and some important people listen. Personally, I think he is a bit too much like a "Get off my lawn" guy, but he has show himself to be out front on many issues that then get picked up on a broader scale.The Fan's Attichttps://www.blogger.com/profile/10704334019031698607noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-59294391303853129992009-04-08T19:37:00.000-04:002009-04-08T19:37:00.000-04:00Guess what Jack Bog - the franchise fee was $35m. ...Guess what Jack Bog - the franchise fee was $35m. And why can't the Timbers make a profit of $7.8 million a year? Toronto makes more than $10m and they are in year 3, Seattle will make $20m in their first year. Sure they don't pay rent but in a decade their profit will be in the $75m to $100m ranfe.Unknownhttps://www.blogger.com/profile/06291449510384684277noreply@blogger.comtag:blogger.com,1999:blog-4234337357347181796.post-19141373329299815772009-04-08T19:10:00.000-04:002009-04-08T19:10:00.000-04:00No one ever said it was, Bruce old buddy.It's $130...No one ever said it was, Bruce old buddy.<BR/><BR/>It's $130 million of investment. Paulson and his investors will want a return on their investment, just as the bondholders will.<BR/><BR/>And the Timbers and the Beavers will never produce anything near a reasonable return on investment. A 6% return on a $130 million investment is $7.8 million a year. There's no way these bush league teams will ever turn that kind of margin over operating expenses.<BR/><BR/>I do ban people like you from my blog, for obvious reasons.Jack Boghttps://www.blogger.com/profile/00450995844420265187noreply@blogger.com