Difference between revisions of "User:RahalMccall69"

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@@@ There's little hope an NBA owner's announcement he'll sell his share in the Atlanta Hawks will lead the team to Seattle. Insiders say there is more reason for optimism about the league's return to Seattle thanks to a new report out Monday. Hawks co-owner Bruce Levenson said Sunday he would sell his controlling interest in the team after revealing he wrote a racially insensitive email to fellow owners and the team's General Manager, saying the team's fan base was too black. "My theory is that the black crowd scared away the whites and there are simply not enough affluent black fans to build a significant season ticket base," he wrote in the lengthy email. He complained the "kiss cam was too black," and the team needed more "white cheerleaders." The news set social media ablaze in Seattle, with many wondering if investor Chris <a href=http://capstone.edu.sg/images/guccioutlet.onlinesalecc.php>Gucci Shoes</a> Hansen could swoop in and make good on his effort to bring the NBA back to the Emerald City. KING 5 reporter Chris Daniels, who has closely followed Hansen's attempts, told the league has little reason to allow the Hawks to leave Atlanta. "The odds are slim that the NBA would be interested in moving out of the Atlanta market, especially when they're about to sign, it sounds like, a new television deal." At the same time, that TV deal could be the key to bringing the NBA back sooner rather than later, said Daniels. The Sports Business Journal the NBA and its <a href=http://capstone.edu.sg/images/guccioutlet.onlinesalecc.php>Gucci Shoes</a> network partners expect to reach a deal on a new long-term TV and digital media contract with ESPN and Turner Broadcasting by the start of the season. When the NBA rejected Hansen's bid to buy the Sacramento Kings in 2013 and move them to Seattle, focus shifted to acquiring a potential expansion team. But that was predicated on a new media deal that now seems to be coming to fruition. "A lot of people connected with it (bringing the NBA back to Seattle) have been waiting for that deal to get finalized because it will lay out just how much money exists in that deal and what kind of share a Seattle expansion franchise would mean," Daniels says. Last year, some owners, including the Maverick's Mark Cuban, said they didn't think the math penciled out for the league to add any more teams. Daniels said the landscape has changed dramatically with the record prices paid for Sacramento and Steve Ballmer's $2 billion purchase of the Clippers. "We have seen the franchise valuations and the TV and digital rights valuations on local and national levels just skyrocket since then," Daniels said. According to Daniels, Seattle remains an extremely appealing target for both the NBA and the National Hockey League. Daniels said events like last week's NFL season opener between the Seahawks and Packers further <a href=http://capstone.edu.sg/images/guccioutlet.onlinesalecc.php>Gucci Shoes</a> underscores the viability. "That was a five-hour infomercial for Seattle," he said of the national broadcast on a Chamber of Commerce day seen by nearly 27 million people. "The NBA and NHL sees that and sees the interest and the support in the fan base for professional sports in this town." Daniels said the NHL wants to be in Seattle even more than the NBA at this point, but doesn't want to commit to the city while an arena deal remains unresolved. A memorandum of understanding between Hansen, Seattle and King County calls for completion of an environmental review and acquisition of an NBA team before construction can begin. Daniels said the Seattle Department of Planning and Development told him Monday the environmental review is moving slower than originally anticipated, and likely won't be completed until at least January. He said there doesn't seem to be much political interest in altering the deal to accommodate the NHL first at this point.

Difference between revisions of "User:RahalMccall69"

Revision as of 20:39, 24 September 2014

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-Should you happen to be hit by a bus today, expect three forms of misery.1. It will hurt.2. You鈥檒l be off work, and probably lose pay.3. You鈥檒l face big medical bills, <a href=http://www.symbiose.ca/images/christianlouboutin.gwij.php>Christian Louboutin Sale</a>  and that may wreck your credit.Since you didn鈥檛 plan to be hit by a bus, you may not be able to pay those medical bills on time and they鈥檒l end up with collection agencies.To the computers that make most credit decisions, your moment of bad luck makes you look like a deadbeat. You鈥檒l be sentenced to seven years of credit purgatory 鈥?banned from the better deals on mortgages, auto loans and credit cards.The good news here is that FICO no longer thinks that鈥檚 proper, and FICO carries some clout. It is the nation鈥檚 main credit scoring company. Its latest credit scoring revision 鈥?due for release this fall 鈥?gives less weight to delinquent medical debt.Someone whose only black mark is medical debt would see their scores rise 25 points, FICO says.The system has a gift for other troubled consumers too: It ignores all debt that went to a collection agency but was later paid in full. No longer would it curse your credit for seven years.Debtors, however, should not break into cheers. Lenders will be very slow to adopt the new FICO model, and some probably never will.Fannie Mae and Freddie Mac, which dictate the rules for conventional mortgages, still haven鈥檛 adopted FICO revisions made in 2009. Many other lenders haven鈥檛 either.鈥淚t will have no effect in the very short term,鈥?said , director of consumer education at Credit.com and an author of books on consumer credit. 鈥淥ver time, hopefully, it will offer change for consumers.鈥漈hat鈥檚 sad, because a single collection account can destroy a credit score.The federal Consumer Financial Protection Bureau says a credit score of 780 would drop to 665 with one debt referred to collectors. That would turn a borrower with sterling credit into an outcast who would have a hard time landing a decent conventional mortgage.Medical <a href=http://capstone.edu.sg/clreplicashoes.php>Christian Louboutin Shoes Sale</a>  debt blindsides people. Families don鈥檛 budget for heart attacks.Employers spent the past decade raising deductibles and co-pays, so health insurance is paying less. A family can fall behind on the bills.Add to that the ridiculous complexity of medical billing and health insurance. Sick people often can鈥檛 tell what they owe and what the insurance company should pay.鈥淧eople will find a medical debt in collection without realizing they ever owed it,鈥?said FICO spokesman Anthony Sprauve.Someone caught in that mess is not a deadbeat. When the crisis passes, they鈥檒l catch up on what they owe.鈥淥ur analysis of the data shows that if unpaid medical debt is the only negative, it is not an indication of financial trouble or inability to pay debts. It鈥檚 an anomaly,鈥?Sprauve said.In fact, that鈥檚 just what the U.S. Consumer Financial Protection Bureau concluded last May in a report that urged lenders to treat overdue medical debt more kindly.It鈥檚 a little harder to understand why FICO is now forgiving people who defaulted on other debts but later paid them off. If someone fell behind once, aren鈥檛 they more likely to default again?Not if they have paid it off, according to FICO. 鈥淭hat typically means there are improving their financial situation and heading for a better place,鈥?Sprauve said.VantageScores, FICO鈥檚 smaller competitor, made that same decision last year. FICO contends it has 90 percent of the credit score market.So, if all this makes sense, why aren鈥檛 <a href=http://www.alportico.net/prodotti/christianlouboutin-sale.jkmsw.php>Christian Louboutin Sale</a>  lenders hurrying to adopt it?Partly it鈥檚 caution. FICO just sent its new formula to the three big credit agencies 鈥?TransUnion, Equifax and Experian. They鈥檒l check it against their own data to see if it better predicts defaults.Then they鈥檒l pass it on to their lender clients, who may or may not adopt it. Many have their own tweaks on FICO scoring systems, and they鈥檒l want proof that the new method is better than what they鈥檙e using.Acceptance is not a slam dunk. Some lenders think it may let true deadbeats slide by.鈥淭here is a form of unpaid medical debt that is not related to a life event; it relates to weak, irresponsible consumer debt servicing behavior,鈥?Tom Showalter, chief analytics officer at Digital Risk, a large loan processor, noted in a statement. 鈥淪uch a consumer is not all that different from one who charges a credit card and then fails to pay.鈥?
+There's little hope an NBA owner's announcement he'll sell his share in the Atlanta Hawks will lead the team to Seattle.
+Insiders say there is more reason for optimism about the league's return to Seattle thanks to a new report out Monday.
+Hawks co-owner Bruce Levenson said Sunday he would sell his controlling interest in the team after revealing he wrote a racially insensitive email to fellow owners and the team's General Manager, saying the team's fan base was too black.
+"My theory is that the black crowd scared away the whites and there are simply not enough affluent black fans to build a significant season ticket base," he wrote in the lengthy email. He complained the "kiss cam was too black," and the team needed more "white cheerleaders."
+The news set social media ablaze in Seattle, with many wondering if investor Chris <a href=http://capstone.edu.sg/images/guccioutlet.onlinesalecc.php>Gucci Shoes</a>  Hansen could swoop in and make good on his effort to bring the NBA back to the Emerald City.
+KING 5 reporter Chris Daniels, who has closely followed Hansen's attempts, told  the league has little reason to allow the Hawks to leave Atlanta.
+"The odds are slim that the NBA would be interested in moving out of the Atlanta market, especially when they're about to sign, it sounds like, a new television deal."
+At the same time, that TV deal could be the key to bringing the NBA back sooner rather than later, said Daniels.
+The Sports Business Journal  the NBA and its <a href=http://capstone.edu.sg/images/guccioutlet.onlinesalecc.php>Gucci Shoes</a>  network partners expect to reach a deal on a new long-term TV and digital media contract with ESPN and Turner Broadcasting by the start of the season.
+When the NBA rejected Hansen's bid to buy the Sacramento Kings in 2013 and move them to Seattle, focus shifted to acquiring a potential expansion team. But that was predicated on a new media deal that now seems to be coming to fruition.
+"A lot of people connected with it (bringing the NBA back to Seattle) have been waiting for that deal to get finalized because it will lay out just how much money exists in that deal and what kind of share a Seattle expansion franchise would mean," Daniels says.
+Last year, some owners, including the Maverick's Mark Cuban, said they didn't think the math penciled out for the league to add any more teams. Daniels said the landscape has changed dramatically with the record prices paid for Sacramento and Steve Ballmer's $2 billion purchase of the Clippers.
+"We have seen the franchise valuations and the TV and digital rights valuations on local and national levels just skyrocket since then," Daniels said.
+According to Daniels, Seattle remains an extremely appealing target for both the NBA and the National Hockey League. Daniels said events like last week's NFL season opener between the Seahawks and Packers further <a href=http://capstone.edu.sg/images/guccioutlet.onlinesalecc.php>Gucci Shoes</a>  underscores the viability.
+"That was a five-hour infomercial for Seattle," he said of the national broadcast on a Chamber of Commerce day seen by nearly 27 million people. "The NBA and NHL sees that and sees the interest and the support in the fan base for professional sports in this town."
+Daniels said the NHL wants to be in Seattle even more than the NBA at this point, but doesn't want to commit to the city while an arena deal remains unresolved.
+A memorandum of understanding between Hansen, Seattle and King County calls for completion of an environmental review and acquisition of an NBA team before construction can begin.
+Daniels said the Seattle Department of Planning and Development told him Monday the environmental review is moving slower than originally anticipated, and likely won't be completed until at least January. He said there doesn't seem to be much political interest in altering the deal to accommodate the NHL first at this point.