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Message
re: I appreciate this tweet reply by Sherm
Posted on 5/10/24 at 1:56 pm to LSBoosie
Posted on 5/10/24 at 1:56 pm to LSBoosie
quote:
It's a valuation, meaning it is what they think those players are worth or could command on the open market. It doesn't mean that it is exactly what they are making.
The "valuation" is largely a guess. It's stupid.
Posted on 5/10/24 at 1:59 pm to CatfishJohn
quote:
The "valuation" is largely a guess. It's stupid.
That's my point. It's an educated guess based on a multitude of factors. It's not exactly what they are making. It's like when Forbes posts an article about the most valuable sports franchises. If a company is valued at a billion dollars, it doesn't mean that they are bringing in a billion dollars. Now if On3 labeled it "NIL earnings" instead of "NIL valuation" that would be a different story.
This post was edited on 5/10/24 at 2:05 pm
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