I'm not sure, Castor <blockquote class="twitter-tweet" lang="en"><p>Comcast also says teams or buyers gerrymandered classes of creditors to assure approval of the plan by at least one “impaired” class.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/524999322770079746">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>In this case, "impaired" means that a group of creditors would not receive full repayment of what it is owed.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/524999517889122304">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
<blockquote class="twitter-tweet" lang="en"><p>Comcast says plan unconfirmable because it unfairly exculpates team officials but not Comcast officials.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525002658114199553">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>This is significant because of the probability of lawsuits related to the network after the bankruptcy case is concluded.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525002875714666496">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>Stone confirming that Comcast did not pay rights fees to the Rockets in 2013-14 and Astros for part of ’13 and all of ‘14.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525004531512651776">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>Both deals call for teams to get combined $107 million for the upcoming year, Stone says.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525005386756407297">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>However, escalator clauses are different. Under the old deal, fees would go up 3.5 percent each year, Stone says.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525005676188536832">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>Under the new deal, they go up 1 percent for four years, 2 percent for six years and 3.5 percent a year thereafter, Stone says.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525005773366382592">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>Stone: “The result is the teams receive substantially less money because the amount of money escalates at a lower rate.”</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525006291534876672">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>Stone also says the old deal included a reset provision after eight years that could result in the teams receiving more money.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525007166638665728">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>The new deal moves the reset time to 10 years and does not make the potential increase in rights fees automatic, Stone says.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525007214042677251">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>Instead, the network would have the right to terminate the agreement but also retain rights to require new contract talks, Stone says.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525007540229521408">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>Stone's point is that the new deal is not as advantageous to the teams as was the original deal with Comcast.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525007621750005760">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>The difference between contracts at present value is $88.4 million for the Astros and $73.6 million for the Rockets, Stone says.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525007947999744000">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
I have no idea what's even going on anymore. I could not HATE a company more than Comcast in my life. And I mean HATE.
Comcast is staying a network unless you give their creditors a couch and nice throw pillow. Either way, Kevin Eschenfelder is staying employed. Should the Astros change their slogan back to ROOT ROOT ROOT?
Soo what is actually going on here. I read the guys twitter page. Are we going to be able to watch the rockets in 2 weeks or not?
Not sure yet. They are arguing over money right now. Comcast doesn't think they are getting enough money in this deal and that they may be open to lawsuits from creditors. The judge hasn't issued any rulings yet so there's no way to know about 2 weeks. People are optimistic on the Root side but there's no promises yet obviously.
ill miss you too Sara..... <blockquote class="twitter-tweet" lang="en"><p>Emotional day as our very last <a href="https://twitter.com/CSNHouston">@CSNHouston</a> shows air 2nite. Such an amazing experience & group of people! Blessed to have been a part of it!</p>— Sara Eckert (@SaraEckert) <a href="https://twitter.com/SaraEckert/status/525020563904155648">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
<blockquote class="twitter-tweet" lang="en"><p>Kibbe says the network is not projected to be profitable for two to three years, which explains AT&T/DTV $50 million investment.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525039790404546560">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <blockquote class="twitter-tweet" lang="en"><p>Comcast attorneys suggest “net present value difference” between Comcast spring offer and AT&T/DTV deal is $8 million.</p>— David Barron (@dfbarron) <a href="https://twitter.com/dfbarron/status/525054082352812032">October 22, 2014</a></blockquote> <script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
