Post by cedafuntennis on Sept 29, 2021 19:53:12 GMT -5
This is like an interest free loan for 30 years (20 + 5 + 5). Inflation is now over 3% and likely to increase a lot more. Also, interest is deductible from income taxes and there is a lot of annual income to be generated if the $100 MM is used wisely; likely these 100MM could grow to generate another 80MM per year in a couple of years, dwarfing the 9.5MM they pay now in lease. Note: by wisely I am not referring to more sponsorships of tricycle competitions or stupid TV commercials.