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Originally Posted by
Homedawg
If you paid it up front it was 1500. So avg out to 150 per. There's no way the chairbacks should be that cheap either. As I said I have some. What's the correct number idk.
That is probably too cheap compared to demand, but I assume that number was tied to the price of building it, so we basically got guaranteed payments (or upfront payments) to match the cost of debt service (or the value of avoiding debt).
We could have just priced them by year but if we had suddenly looked like 2022 and 2023 without the good year in 2019 and national championship first, we might would have had trouble selling them.
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