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#11
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On Aug 17, 3:01 pm, i_tell_it_like_it_i... (AT) yahoo (DOT) com wrote: On Aug 17, 10:19 am, SimRacer <NOsimrace... (AT) yahoo (DOT) comSPAM> wrote: On Thu, 16 Aug 2007 14:25:01 -0700, i_tell_it_like_it_i... (AT) yahoo (DOT) com wrote: Yeah, that would be a good solution. I think the #38 is already taken, so he would be unable to succeed there - just as he failed, and FAILED miserably, trying to take the #8 from the rightful owner, DEI motorsports and the lovely, talented, and very excellent businesslady, Teresa Earnhardt! Yes, those kids of Dale tried to STEAL DEI from Teresa, but they were ALWAYS working from a position of weakness. Dale didn't leave them anything, and left it to that lady who had been so very good to him - Teresa Earnhardt. And, not to be a moralist or anything, but those kids of Dale bought themselves A LOT of bad karma by their actions in trying to STEAL DEI from Teresa, and playing it out in the press, trying to make people think Teresa is some monster or something. She is a very lovely, talented, intelligent, and enthralling lady! No wonder Dale was so taken with her, and chose to reward her for her many years of support, which contributed to his GREAT success! Nice argument, but I don't think Red Bull (or Brian Vickers) would be too happy with Junior and HMS trying to run the #83 http://www.jayski.com/teams/83.htm Maybe he could buy if from them for, say $.5M, since Junior and Hendrick could not come up with the $1M or so that Teresa DESERVED to get for the number 8. Yes, Junior loves to sing that song about how he wanted the number sooo badly in honour of his granddiddy, but why didn't he pony up the cash if it meant so much to him? It ain't like he, or Rick Hendrick, doesn't have it! LOL- Hide quoted text - - Show quoted text - What are you smoking, Earl? I never saw anything that indicated Junior had really strong feelings about the 8. He's ready for a fresh start, and I think it's the "fans" who are crying for the 8. |
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Also, FYI, Nascar passes the numbers around - if a team says no thanks, they don't want it, then Nascar offers it to other teams. I wouldn't think there's a lot of buying and selling of numbers going on, since they are Nascar's numbers to assign. |
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N. |
#12
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Yup, and it's not like HMS and Jr do not have a spare 20 mill they could pay, but rather it's how ridiculous it is to pay that much for a dang number. At that point, you come to your senses and say it's only a number; we'll use something else. And, if they pay 20 mill this time, where does it end. How much will you have to pay next time. NASCAR really does need to look into this ugly practice and get a grip on things. On Fri, 17 Aug 2007 15:27:29 -0700 (PDT), Carol Wood lastcallgal... (AT) yahoo (DOT) com> wrote: Oh and ya know nascar is not gonna make her give it up either, im sure hendrick even offered way lots of money for it too im sure, knowin him or even dale himself..who knows........ ok done LOL stepping off soapbox |
#13
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Nancy2 <nancy-doo... (AT) uiowa (DOT) edu> wrote innews:1187382716.723519.118760 (AT) i38g2000prf (DOT) googlegroups.com: What are you smoking, Earl? I never saw anything that indicated Junior had really strong feelings about the 8. He's ready for a fresh start, and I think it's the "fans" who are crying for the 8. Somewhere's along the line Earnhardt said he wanted #81, which is apparently somehow significant. Also, FYI, Nascar passes the numbers around - if a team says no thanks, they don't want it, then Nascar offers it to other teams. I wouldn't think there's a lot of buying and selling of numbers going on, since they are Nascar's numbers to assign. The issue, I think, lies with all the outstanding contracts that various folk have with DEI to make souvenier what-nots with the #8 on it. I presume DEI and HMS couldn't find an equitable way to either compensate DEI for taking over those contracts, or allow DEI to continue to market the #8 in some fashion. |
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In the past, NASCAR has been pretty cooperative with the big name owners in assuring that a wanted number could be assigned. |
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John |
#14
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I have to comment that it does not seem like the actual number would matter as much to the vendors as would the driver it represents. Hundreds of thousands of current #8 fans won't buy the #8 without Jr attached to it. Few fans like a number, for its history, more than its current driver. |
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Once Jr is gone, any remaining agreements would be defunct as the principle element no longer exists. No one would be at fault. No one, certainly not HMS or Jr, should be tasked with compensating anyone. It's just business. Jr didn't renew his contract and DEI's vendors are now SOL. |
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Holding a number hostage because your ability to make money with it has been crippled is vindictive, but I guess that's how Teresa does business. You're leaving me and I'm going to get my revenge... |
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On Fri, 17 Aug 2007 23:44:12 -0000, John McCoy igop... (AT) ix (DOT) netcom.com> wrote: The issue, I think, lies with all the outstanding contracts that various folk have with DEI to make souvenier what-nots with the #8 on it. I presume DEI and HMS couldn't find an equitable way to either compensate DEI for taking over those contracts, or allow DEI to continue to market the #8 in some fashion. |
#15
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On Aug 17, 7:44 pm, John McCoy <igop... (AT) ix (DOT) netcom.com> wrote: Somewhere's along the line Earnhardt said he wanted #81, which is apparently somehow significant. Since he is a Redskins fan, maybe he wants it because it was Art Monk's number. Just a guess. |
#16
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On Fri, 17 Aug 2007 13:01:59 -0700, i_tell_it_like_it_i... (AT) yahoo (DOT) com wrote: On Aug 17, 10:19 am, SimRacer <NOsimrace... (AT) yahoo (DOT) comSPAM> wrote: On Thu, 16 Aug 2007 14:25:01 -0700, i_tell_it_like_it_i... (AT) yahoo (DOT) com wrote: Yeah, that would be a good solution. I think the #38 is already taken, so he would be unable to succeed there - just as he failed, and FAILED miserably, trying to take the #8 from the rightful owner, DEI motorsports and the lovely, talented, and very excellent businesslady, Teresa Earnhardt! Yes, those kids of Dale tried to STEAL DEI from Teresa, but they were ALWAYS working from a position of weakness. Dale didn't leave them anything, and left it to that lady who had been so very good to him - Teresa Earnhardt. And, not to be a moralist or anything, but those kids of Dale bought themselves A LOT of bad karma by their actions in trying to STEAL DEI from Teresa, and playing it out in the press, trying to make people think Teresa is some monster or something. She is a very lovely, talented, intelligent, and enthralling lady! No wonder Dale was so taken with her, and chose to reward her for her many years of support, which contributed to his GREAT success! Nice argument, but I don't think Red Bull (or Brian Vickers) would be too happy with Junior and HMS trying to run the #83 http://www.jayski.com/teams/83.htm Maybe he could buy if from them for, say $.5M, since Junior and Hendrick could not come up with the $1M or so that Teresa DESERVED to get for the number 8. Yes, Junior loves to sing that song about how he wanted the number sooo badly in honour of his granddiddy, but why didn't he pony up the cash if it meant so much to him? It ain't like he, or Rick Hendrick, doesn't have it! LOL I think their stand on the "price" is one of principle, and macro-economics: The #8 isn't worth *as much* to anyone as it is to Dale Junior and Bud. Break those 2 up - which has happened - and its value spirals downward in a damned hurry. I dare say that the #8 from 2008 forward will be worth no more than say the #49 or the #78. Now, in a few years, when NASCAR manages to draw in a lot more of the expendable and grows-on-trees "new fan", that don't know the history, it may be a different story - depending on what happens in the interim with that "car" and "team". The principles of value being looked at here should just be limited to just 2: 1) Value in use (my point above) and 2) Good will Value (value based in part on a past owner, driver, or otherwise closely associated entity - like a sponsor) These are deeper than a "face value" or one that is based on empirical data from 2000 to today (since this "history" will end when DEJ leaves TEI). These are also intangible in any attempt to value it as a going concern, or any sort of business model appraisal (the typical IRV approach - For example: What souvie sales of a "new" #8 could ever compete with the souvie sales from the past 7 years? None, unless Michael Schumacher or Fernando Alonso climb into the #8 for TEI next year). It all boils down to: I imagine that Max and Teresa valued the #8 as if Junior were still driving it, which isn't a sound valuation approach since he won't be driving it after this season. And due to Value in Use and Good Will Value, with the *true* value of the #8 leaving, the value is significantly less in 2008 than it is right now. Since HMS and DEJ were lobbying for the use of the #8 from 2008 on, they're looking for *that* value, as they rightly should. It all comes down to a time-value relationship of money, like the 6 functions of $1. In as much, TEI wants Present Value money for a Future Use commodity and I am sure that HMS wanted to pay the Future Value for the Future Use - which is the logical way to proceed. IMO, HMS must have as good a team of money people as they do the PHds that prepare their cars. |
#17
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| i_tell_it_like_it_is_1 (AT) yahoo (DOT) com> wrote |
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SimRacer.... you are an idiot, with NO redeeming qualities. I am very quite sure that the #8 will continue to be a winning number - regardless of Junior having his ass spanked and sent along as the insolent loser he is and Budweiser moving along as well. Your assertion that the number 8 will be worth no more than the number 49 or the number 78 in one year is a very false one, and just goes to show what a nincompoop you are. Plain and simple, you insolent tyke! On Aug 17, 4:58 pm, SimRacer <NOsimrace... (AT) yahoo (DOT) comSPAM> wrote: On Fri, 17 Aug 2007 13:01:59 -0700, i_tell_it_like_it_i... (AT) yahoo (DOT) com wrote: On Aug 17, 10:19 am, SimRacer <NOsimrace... (AT) yahoo (DOT) comSPAM> wrote: On Thu, 16 Aug 2007 14:25:01 -0700, i_tell_it_like_it_i... (AT) yahoo (DOT) com wrote: Yeah, that would be a good solution. I think the #38 is already taken, so he would be unable to succeed there - just as he failed, and FAILED miserably, trying to take the #8 from the rightful owner, DEI motorsports and the lovely, talented, and very excellent businesslady, Teresa Earnhardt! Yes, those kids of Dale tried to STEAL DEI from Teresa, but they were ALWAYS working from a position of weakness. Dale didn't leave them anything, and left it to that lady who had been so very good to him - Teresa Earnhardt. And, not to be a moralist or anything, but those kids of Dale bought themselves A LOT of bad karma by their actions in trying to STEAL DEI from Teresa, and playing it out in the press, trying to make people think Teresa is some monster or something. She is a very lovely, talented, intelligent, and enthralling lady! No wonder Dale was so taken with her, and chose to reward her for her many years of support, which contributed to his GREAT success! Nice argument, but I don't think Red Bull (or Brian Vickers) would be too happy with Junior and HMS trying to run the #83 http://www.jayski.com/teams/83.htm Maybe he could buy if from them for, say $.5M, since Junior and Hendrick could not come up with the $1M or so that Teresa DESERVED to get for the number 8. Yes, Junior loves to sing that song about how he wanted the number sooo badly in honour of his granddiddy, but why didn't he pony up the cash if it meant so much to him? It ain't like he, or Rick Hendrick, doesn't have it! LOL I think their stand on the "price" is one of principle, and macro-economics: The #8 isn't worth *as much* to anyone as it is to Dale Junior and Bud. Break those 2 up - which has happened - and its value spirals downward in a damned hurry. I dare say that the #8 from 2008 forward will be worth no more than say the #49 or the #78. Now, in a few years, when NASCAR manages to draw in a lot more of the expendable and grows-on-trees "new fan", that don't know the history, it may be a different story - depending on what happens in the interim with that "car" and "team". The principles of value being looked at here should just be limited to just 2: 1) Value in use (my point above) and 2) Good will Value (value based in part on a past owner, driver, or otherwise closely associated entity - like a sponsor) These are deeper than a "face value" or one that is based on empirical data from 2000 to today (since this "history" will end when DEJ leaves TEI). These are also intangible in any attempt to value it as a going concern, or any sort of business model appraisal (the typical IRV approach - For example: What souvie sales of a "new" #8 could ever compete with the souvie sales from the past 7 years? None, unless Michael Schumacher or Fernando Alonso climb into the #8 for TEI next year). It all boils down to: I imagine that Max and Teresa valued the #8 as if Junior were still driving it, which isn't a sound valuation approach since he won't be driving it after this season. And due to Value in Use and Good Will Value, with the *true* value of the #8 leaving, the value is significantly less in 2008 than it is right now. Since HMS and DEJ were lobbying for the use of the #8 from 2008 on, they're looking for *that* value, as they rightly should. It all comes down to a time-value relationship of money, like the 6 functions of $1. In as much, TEI wants Present Value money for a Future Use commodity and I am sure that HMS wanted to pay the Future Value for the Future Use - which is the logical way to proceed. IMO, HMS must have as good a team of money people as they do the PHds that prepare their cars. |
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