The Maceo crime family connection to Tilman's father can't really be questioned. Having said that, the "story" you heard about Landry's makes no sense. The rights to Landry's was sold for millions of dollars and the Landry family all but was guaranteed to have legal counsel representing them. It was a large company prior to the sale and I know they had legal counsel prior to the sale in their other dealings because my father did business with them 35 years ago and they had attorneys. Further the idea that they would trust a family member of Tilman's is laughable. Even if we are to accept this far fetched story, they would have excellent grounds to sue Tilman and his brother. The fact his brother allegedly represented both parties or changed the contract would result in him being disbarred and likely jail time. The whole story isn't believable. I am not telling you to like Tilman or think he is a wonderful person (very few self made billionaires are) but all this third hand nonsense about switching contract terms is simply absurd.
No he doesn't. His personal wealth is in excess of $3,000,000,000. He has his assets and business interests as equitable collateral. Not to mention that he could turn around and sell the club for something similar to what he purchased it for in the short term. As long as he makes his payments he is in good standing. He also has sufficient finances to pay all salaries and operating costs. There is no question that he has staked a significant amount of his worth on the Rockets but he hasn't over extended himself based on his wealth and substantial interests.
Yeah.... except he followed all the guidelines of the AZA and was accredited by them. The AZA was considering changing their requirements and Landry's stated they would abide by any changes made by the AZA. Landry's wasn't found guilty of any mistreatment of the animals. They were found guilty of filing a libel case against the organization that claimed Landry's mistreated the animals. The Judge had Landry's pay legal fees on the basis or free speech.
Wait, you're saying that they took Tilman's brother as their legal counsel? They were really that dumb?
They didn't magically become that dumb... they used their own attorneys when they hired contractors for their restaurants; but we are to believe when they tried to complete a multi million dollar deal their either didn't have counsel or relied on the brother of the person buying the business AND no lawsuit was filed? I am an attorney.... I have drawn up a number of contracts for acquisitions this story doesn't make any sense at all.
It doesn't make sense to me either...that would be cartoon level foolishness if the situation really went down like he's described
Spend money, support Morey! Thats all I care about! Theres rumors that he's got a little Cuban in him (phrasing). Im fine with that as long as he lets Morey do his job!
Good to know you're cool with tigers living in a concrete cage to provide cheap entertainment for folks eating overpriced and overrated food.
business is ruthless, if you go in with ignorance that it isn't you're not made for business and you're not going to succeed. Even if the story is true, unethical or not, in the business world it's par for the course and occurs daily if you expect to survive. It's like listening to random stock advice. Don't expect to get credible info because if they had it they aren't sharing and if they are sharing it's so they can get ahead off your ignorance and expense. How the world operates. You lock yourself into a year long fitness center contract, just for them to run a huge discounted rate a week later, which they probably knew they would be doing before you signed... and that is actually more unethical then what Tilman 'supposedly' did. Tilman added a couple of lines to a contract and the people signed it after choosing not to read it? Pff Democrats and republicans both do that in every bill and law passed. Obama himself got fellow dems to do that on numerous bills last minute edits adding in things that are completely unrelated to the actual bill, but the bill may need to be passed or the government will shut down so it's pushed through. Do you hate Obama? Do you hate every democrat? Do you hate every republican? That's exactly what Tilman did, but on a lesser scale because the person signing that contract didn't have a deadline and they had time to read and choose not to sign it. pff it's nonsense Someone works their entire life, blood swet and tears to get a nba ring and one minute to go a ref falls for a deceptive flop- which ends up being the deciding factor of the game.. which chris paul has no problem doing. That poor guy who played technically perfect defense has no control over the situation. Dreams shattered. He probably loses millions of potential lucrative endorsement for not being a champion while the flopper and deceiver lands a deal on the next cover of nba live for being a champion. compared to someone added lines to a contract deceptively and the other person lost on the deal because they chose not to read the contract before signing it which they did have total control over to do. Did you like Leslie Alexander? Because according to you all he was SCUM, he was the SCUM OF THE EARTH because he deceptively lured Barkley into a deal for his own, and the teams financial advantage. Barkley trusted him and Leslie negged on it, screwing him out of millions (and he has let the world know it).<--- it's business. The only thing that rules is the writing in contracts.. NOT the verbal commitments of others, so you better read that writing. Leslie with those ruthless business dealings sheesh. After pulling such an abominable business tactic there is no way he is a decent human being right?
well the last nba franchise transaction was all cash, so perhaps you should share your impressions with us?
Anybody else been watching episodes of billion dollar buyer? Seems like a smart and reasonable guy for the most part. He has his opinions but like most great leaders listens to other opinions... which has got me excited that he won't try and be overbearing on the basketball side of things.
lol, billionaires stay billionaires by not putting in their own money. the ones who do go bankrupt in a few years like a lot of those overnight mining magnates do.
What amazes me is the Rox have only been on the market a couple of months and he buys the club for an even higher price than Ballmer paid for the Clips. I was just thinking that I've never seen so many stocks priced at over $100 a share in my life so this stock market is allowing quick billion dollar purchases like this. Les picked the perfect time to sell.
Lol the whole "I'm gonna write X lines in the contract" is so dumb you only see it in cartoons and children movies. Hey here's an idea, go around your neighborhood talking to kids and tell them you'll give them a chocolate bar if they sign on a paper. Of course the paper is a contract that gives you all their wealth. 20 yrs later when these kids are all grown up, whip out your contracts and voila you suddenly own your entire neighborhood as well as all their other assets. Newsflash: contracts have to be in good faith and they must be reasonable for the contract to be enforceable. Signing away your entire franchise in X years for no additional renumeration is just dumb and when taken to court will be obviously a scam. Even if the family signed the contract, they can take it to court and say they were scammed wtf.
Ok let's reject our team and it's new owner! Let's start a boycot of the rockets!!! All because out of the many businesses this guy owns some are restaurants and of those restaurants one has tigers in conditions some may not like... that are perfectly legal and by the book..... I'm sure he has worse skeletons in the closet and there isn't going to be any other potential buyer that doesn't. You don't make billions by worrying about the opinions of sheep nor do you by catering to them.
