Hour 2: $125 Million?!?!?! (feat. Daniel Alvarez)

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The Dan Le Batard Show 36 min 6 speakers 3 chapters transcribed
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What discomfort does Dan express about Domino's pants?

Unknown 0:00
This is the Dan Levitar Show with the Stugatz Podcast.
Jeremy 0:08
I remain uncomfortable. Remain is the word I was trying to say there with everything that's happening with Domino in the other room. The camera angles, the tightness of the pants, the navel. I am told that Domino makes an excellent pan con bistec. I am told that it is going to be something that's featured at Las Rosas earlier or later today. What's happening with that, Domino? What are you doing with Mike Ryan and Mike Ryan's bar later in the day?
Dan Le Batard 0:37
Just so you know, Dan, just in case. Once again. No, no, no, no, no, no, no, no.
Jeremy 0:50
Domino, stop. Please, this is a workplace. We can't have you.
Mike Ryan 0:54
Not his workplace, though. He was talking about the pan con piste.
Unknown 0:57
You know about those V-lines, Dan?
Jeremy 0:59
What are you guys doing, please, again with the pan con bistec? How many is he making? How many pan con bistecs is he making?
Dan Le Batard 1:06
I'm making enough for la ciudad de Miami entera. Dale, pan con bistec, panolos. I do put mayo on it. I make my own aioli. Si? I make my own aioli. Oh, it's aioli.
Mike Ryan 1:16
It's not authentic. It's different. It's different.
Dan Le Batard 1:18
It's different. Tony, you're not allowed to talk anymore. I'm allowed to do whatever I want, Dan. I'm allowed to do whatever I want. Adding nothing.
Unknown 1:27
Adding nothing. Tossing a chancleta. That was embarrassing.
Jeremy 1:30
The chancleta toss. How could you on 305 Day fail at the chancleta toss? That was embarrassing. You guys let Jeremy take you out. Trista, Frankie, who's wildly polite, spit out your colada. What happened?
Unknown 1:45
I got sandbagged. I've had multiple people taste my colada and they said it was better than Jeremy's. That's not true. But because I'm not a Cubana, they would not give it to the gringa.
Jeremy 1:59
Frankie spit it out. He spit it out.
Unknown 2:01
He told me. He was told to do it. There's been a conspiracy.
Jeremy 2:04
Wait a minute.
Unknown 2:06
What? What?
Jeremy 2:07
What do you mean he was told to do it? Hold on a second. Jesus. See you, Trista.
Mike Ryan 2:12
Out of here.
Jeremy 2:13
Minor penalty, two minutes for explaining the show. I was told to do it. That is... I didn't realize that was fraudulent. It was stolen. Saw that coming.
Mike Ryan 2:23
I just can't believe I won white boy of the day on 305 day. I'm... Proud of you. Thank you. That's the last time I'll do something like that, but I'll admit, you impressed me. Wow.
Jeremy 2:33
You guys saw that Stephen Ross sold 1% of the Miami Dolphins for $125 million. That puts the valuation of the Dolphins and their stadium at a higher number than any NFL franchise has gone for. What are you making faces about, Pitbull? Why did he do that? Because it's an easy $125 million cash.
Stugotz 2:56
Right, but he just needed... He was short $125 million, so let's sell a percent.
Jeremy 3:02
No, it's just you're selling the smallest possible amount percentage-wise while keeping a whole number and getting $125 million cash for your family. Do you know what Stephen Ross bought in for in 2009? So... Do you know this number? Because this is why NFL franchises are a great investment. Do you know what Stephen Ross bought in for in 2009?
Stugotz 3:24
I'll guess $300 million.
Jeremy 3:26
$550 million is what he did in 2009.
Mike Ryan 3:31
That's an insane ROI. Do they still have the celebrity investors? Do the Williams sisters and Mark Anthony? What about Fergie? Can you imagine the ROI they're getting?
Jeremy 3:43
I should point out that in 2009, he bought half of the team, 50% of the team for $550 million. So it'd be the equivalent of $1.1 billion. But still, in 16 years, the return on that investment goes from $1.1 billion to a valuation of $12.5 billion. And he's been a disaster as an owner. They have not won a single playoff game in that time. And it has not mattered. Although... He does pour a good amount of his money back into the franchise. And you know that in those players association, you know, taking the temperature of our franchise. You saw recently the Steelers came in last in terms of facilities and how good the employees feel about what it is that's being spent on the franchise. And the Dolphins were first because Stephen Ross does put money back.
Jeremy 4:34
into the franchise but why wouldn't you when it's worth that much that's crazy to to buy in at essentially 1.1 billion and uh to turn that investment into now 12.5 billion and the most valuable valuation you've ever seen walmart came in at like six billion didn't they

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