Rodgers purchases minority stake in Bucks

Zero2Cool
Elite Member Topic Starter

7 years ago

Now we know why Aaron is frustrated.

Packers quarterback Aaron Rodgers was announced Friday as a limited partner in the Bucks ownership group during the team's playoff game against the Celtics.

Continue Reading @ ESPN

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yooperfan
Veteran Member

7 years ago

If he can afford this he sure as hell doesn't need to stress the Packers salary cap with a 30 + million dollar a year extension.

Nonstopdrivel
Preferred Member

7 years ago

According to SPOX.com , a German sports site, Rodgers is the first active NFL player ever to own a stake in another sports franchise:

Rodgers (Green Bay Packers) saß bei Spiel 3 im BMO Harris Bradley Center und wurde auf dem Videowürfel gezeigt, womit die Bucks die Nachricht verkündeten. Er wird zum ersten aktiven NFL-Spieler, der während seiner Karriere Anteile an einer Franchise in einem anderen Sport besitzt.

SPOX wrote:

The author goes on to state that although the exact ownership stake Rodgers bought has not been revealed publicly, it's believed to be "significant" and not merely a vanity purchase.

isocleas2
Member

7 years ago

Didn't Kohl still have a 2 percent stake? Maybe it was that piece. Either way smart move by the Bucks and by Rodgers.

Smokey
Veteran Member

7 years ago

Aaron Rodgers' investments have nothing to do with his contract with the Packers. He could be invested in Cattle or Oil or in an Airline and it still would not have any bearing upon his personal service contract with the Packers.

I'd like to read why anyone would believe that one would/could affect the other. IMO, it's like saying one can pick oranges from a peach tree.

Cheesey
Preferred Member

7 years ago

I think that Yooperfan was making the point that if the guy is rich enough to buy part of a NBA franchise, it’s not like he’s hurting for money and shouldn’t feel that it’s necessary to milk every nickel and dime out of the Packers.
It’s not like he’s saying Rodgers should play for FREE, is it?
Just to not make it so ridiculous that the team won’t be able to afford the players necessary to get them to another championship.
Is that asking too much?
I myself don’t think so.

Smokey
Veteran Member

7 years ago

Originally Posted by: Cheesey

If GB is not willing to pay Rodgers a top dollar deal, there will be other teams that will. Miami or Tampa or some other city would gladly pay the price to get Rodgers. Loyalty is one thing, but business is business.

wpr
Preferred Member

7 years ago

Aaron has earned the right to be paid what he's worth. If you want the best, pay the man. It doesn't matter if he already has a fat wallet or not.

NSD, "significant". Do you think that means 10% or more? 5% or less seems like a vanity purchase.

isocleas2
Member

7 years ago

Considering the Bucks recently had a valuation over 1 billion dollars even a small purchase of 2-5% would have cost Rodgers 20-75 million. I'm not sure he could even afford whatever is considered a large stake without dropping all his other investments (and then some).

Nonstopdrivel
Preferred Member

7 years ago

#10

NSD, "significant". Do you think that means 10% or more? 5% or less seems like a vanity purchase.

Originally Posted by: wpr

That's what I was thinking. Given that the current ownership bought the team in 2014 for $550 million (surprisingly cheap, it seems to me), I assumed he must have bought somewhere between 10 and 15 percent. There are six other owners, so 25 percent is probably too high a stake (and likely outside his budget), while less than 10 percent seems like it wouldn't be worth his time, especially given the relatively low profit margin professional sports franchises offer. Maybe the group split it evenly seven ways, or 14 percent apiece. Then again, even just 10 percent would be around $50 million, or two years' salary for Rodgers, so we could be overestimating what he's capable of investing. In any case, it looks like he's putting his endorsement deals to good use.

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Martha Careful (17m) : ty bboystyle...fat fingers

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beast (27-Apr) : Yeah, but also some of the wording suggestions Jax only pranked called the QB, not the others... and if he had an open spreadsheet & 3 calls

beast (27-Apr) : Thank goodness he's not leaving the Turtle in the Red Tide

Mucky Tundra (27-Apr) : Cowboys 1st round pick Tyler Booker will indeed be bringing his pet turtle to Dallas with him

Mucky Tundra (27-Apr) : that contained all prospects info and contact

Mucky Tundra (27-Apr) : beast, according the Falcons statement Jax came across it on an ipad. If I had to guess, probably an open spread sheet or something

Zero2Cool (27-Apr) : Simmons put up an emoji with cheese.

beast (27-Apr) : Not sure anyone is interested in Isaiah Simmons... Collin Oliver might of taken his potential slot

beast (27-Apr) : I'm going with Jax Ulbrich is not telling the whole truth... he accidentally came across it? Why would a defensive coordinator have a QB #?

Zero2Cool (27-Apr) : He's not that great, but final piece of the script.\

Zero2Cool (27-Apr) : If we add Isaiah Simmons, book your Super Bowl tickets

Mucky Tundra (27-Apr) : Colts 1st round TE Tyler Warren also got prank called, was that Jax Ulbrich as well?

Zero2Cool (27-Apr) : Jax Ulbrich, Jeff Ulbrich’s son, released an apology for his role in the Shedeur Sanders prank call.

Martha Careful (27-Apr) : apparently he did not participate in practice or play on the east west shrine game nor the NFL combine. The kid was a mediocre spoiled brat

Mucky Tundra (27-Apr) : Yeah that one that was a super wounded duck that Sanders supporters are highlighting to prove a point

Zero2Cool (27-Apr) : Shough is the guy who missed guys at combine isn't he?

beast (27-Apr) : It's not official until I'm dead! I have a chance still! (Not really)

Mucky Tundra (27-Apr) : I could feel my body decomposing in real time when I read that

Mucky Tundra (27-Apr) : @MIKEYSAINRISTIL Tyler Shough will officially be the last person drafted to the NFL born in the 1900’s

Mucky Tundra (26-Apr) : saw the tweet, he meant the city

Mucky Tundra (26-Apr) : Was that for the team or the city?

Zero2Cool (26-Apr) : Adam Schefter @AdamSchefter · 3m Draft grade is in: Green Bay gets an A. The people, the city, the venue were all superb. NFL Draft’s next

Zero2Cool (26-Apr) : Matt LaFleur says Jaire Alexander is participating in #Packers offseason program, which has been conducted virtually during this first week

Zero2Cool (26-Apr) : ✅ ...

buckeyepackfan (26-Apr) : Check

Zero2Cool (26-Apr) : Matthew Golden cahanged 81 to 22??

TheKanataThrilla (26-Apr) : Sam Howell to Vikings...guess no Aaron

Martha Careful (26-Apr) : 1 round 7 min, with one extra minute if there is a trade. 2nd round 4 minutes, 3rd -3, 2 thereafter IMO

Martha Careful (26-Apr) : Agree

dfosterf (26-Apr) : Great idea imo

dfosterf (26-Apr) : 1st round to 7 minutes with one extension

dfosterf (26-Apr) : NFL comissioner wants to shorten the 2st

Mucky Tundra (26-Apr) : @jalenreagors They’re discussing if Sheduer can go back to college on NFL Network LMFAOOOOO

beast (26-Apr) : Great point Martha

beast (26-Apr) : Buddy Ryan used to say if a candy bar goes missing, there are two to blame, Rex and Rob 🤪 jk 😁

Martha Careful (26-Apr) : Bum Phillips used to say there are two ways to get better. Get better players or get players to play better. We have a new DL coach

Zero2Cool (26-Apr) : Yes. Look at the losses last year. They can win.

beast (26-Apr) : Can Packers win with their current DL?

bboystyle (26-Apr) : waiting for a pass rusher.

dfosterf (25-Apr) : 5 minutes between picks in the 3rd

dfosterf (25-Apr) : 3rd. Hate this phone

dfosterf (25-Apr) : 4rd

dfosterf (25-Apr) : 5 minutes in the 4

dfosterf (25-Apr) : 7 minutes between picks in the 2nd round

Martha Careful (25-Apr) : Sorry to bitch, but the headline writers in that section absolutely mislead, or don't know how to read. It is maddening

Martha Careful (25-Apr) : No thanks. Not a dependable guy to be in the right place and run the right route. Dumb as a box of rocks.

Zero2Cool (25-Apr) : Losing 2nd round pick for a one year rental, not ideal. Especially a headcase.

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