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<blockquote data-quote="HardRightEdge" data-source="post: 781039"><p>...while not commenting on any of the issues and risks associated with that approach or the conceivable counter-offer of a % of cap.</p><p></p><p>Looking at just one issue, free cash flow looks to be pretty close to earnings for the Green Bay Packers, Inc. though a cash flow statement was not included in the annual report. A $100 mil signing bonus, for example, would take up nearly 2 years of operating profit ($65 mil in 2017) and presumably cash flow. Any meaningful capital spending or increases to the reserve fund in the plans would have to be put on hold. But that's not happening with Titletown District Phase II in process. Writing a $100 million check (or a series of checks over the course of a year) as opposed to the $21 million current cash obligation for 2018 is a matter of some import to Mr. Murphy regardless of the cap situation.</p><p></p><p>That's just one thing.</p></blockquote><p></p>
[QUOTE="HardRightEdge, post: 781039"] ...while not commenting on any of the issues and risks associated with that approach or the conceivable counter-offer of a % of cap. Looking at just one issue, free cash flow looks to be pretty close to earnings for the Green Bay Packers, Inc. though a cash flow statement was not included in the annual report. A $100 mil signing bonus, for example, would take up nearly 2 years of operating profit ($65 mil in 2017) and presumably cash flow. Any meaningful capital spending or increases to the reserve fund in the plans would have to be put on hold. But that's not happening with Titletown District Phase II in process. Writing a $100 million check (or a series of checks over the course of a year) as opposed to the $21 million current cash obligation for 2018 is a matter of some import to Mr. Murphy regardless of the cap situation. That's just one thing. [/QUOTE]
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