The Jimmy Haslam Thread

[Biw]

In case anyone is interested, here's the keynote in two parts.


[video=youtube;chHmUgeuQZ0]http://www.youtube.com/watch?v=chHmUgeuQZ0[/video]

[video=youtube;jDx-gMU1Ivk]http://www.youtube.com/watch?v=jDx-gMU1Ivk[/video]

 

[Pyro]

http://www.cbssports.com/nfl/blog/m...ral-probe-could-drain-haslam-undermine-browns

The reason: lawsuits. Several have already been filed. If Haslam can win them, then his future as Browns owner is more on solid footing. But if there are massive financial settlements or legal losses, it would prove problematic for Haslam.

Well...

 

[Soda]

I know I want to keep my homer hat on, but its getting tougher to maintain a positive vibe on the Haslam management group... If the affidavit is legit, Haslam is going to be paying a TON in punitive damages... Criminal case or not, he may lose a significant amount of his assets in Pilot. I pray whomever owns the Browns at this time two years from now doesn't want to move the team..

Lawsuits continue to mount against Pilot Flying J
James Jaillet |May 06, 2013

At least two more lawsuits have been filed against Pilot Flying J as a result of federal allegations against the company that came in the form of a 120-page affidavit used by the FBI and IRS to obtain a search warrant against the company and accusing it of defrauding trucking companies out of millions of dollars in fuel rebates.

The two confirmed lawsuits include one filed in Mississippi by Bruce Taylor, who filed an individual and class-action lawsuit against Pilot Flying J. Taylor is a Pilot customer and participated in a fuel rebate program since 2005. Like the previous lawsuits filed against the company, Taylor’s lawsuit relies on evidence in the affidavit submitted by the FBI.

Taylor is suing for fraud, deceptive trade practices, unjust enrichment,conversion, breach of contract and fraudulent concealment. The lawsuit asks for judgement of compensatory damages, punitive damages, injunction barring continuation of the fraud and costs incurred in taking legal action. It also requests a jury trial. Click here to see the lawsuit documents.

The second confirmed lawsuit was filed in Illinois and, unlike the others previously reported on, names specific members of Pilot management and executives, including owner and CEO Jimmy Haslam.

Wisconsin-based fleet Edis Trucking brought the class-action lawsuit and says Pilot flying J executives and other employees conducted “through a pattern of unlawful activity—to wit, they engaged in repetitious and systematic mail fraud, interstate wire fraud, and/or foreign wire fraud in violation of” commerce laws to their own “financial benefit and to the Plaintiff’s and Class Members’ financial detriment.”

Edis is suing for violation of U.S. Code, conspiracy, breach of contract, tortious interference with a contract, negligent misrepresentation, unjust enrichment, fraudulent concealment and more. Edis is seeking for themselves and others in the class action suit for repayment of actual, consequential and incidental damages; punitive damages; treble damages for violation of federal law; injunctive relief; and attorney’s fees and court costs. They too are asking for a jury trial. Click here to see the lawsuit documents.

http://www.overdriveonline.com/lawsuits-continue-to-mount-against-pilot-flying-j/

 

[MoFlo]

I know I want to keep my homer hat on, but its getting tougher to maintain a positive vibe on the Haslam management group... If the affidavit is legit, Haslam is going to be paying a TON in punitive damages... Criminal case or not, he may lose a significant amount of his assets in Pilot. I pray whomever owns the Browns at this time two years from now doesn't want to move the team..

With as much heat as the Browns moving got in the 90's and the lawsuits, etc that followed, there's no way in hell the NFL would want this to happen again.

 

[B Mac]

With as much heat as the Browns moving got in the 90's and the lawsuits, etc that followed, there's no way in hell the NFL would want this to happen again.

Thinking out loud here... and please avoid killing me for saying this... but if this shittastic version of the Browns leaving means we get a 10 year run like the Indians had in the 90's then I would consider making the trade. Id take a few years of no heartache if it meant they came back stronger than before.

 

[theshad]

Thinking out loud here... and please avoid killing me for saying this... but if this shittastic version of the Browns leaving means we get a 10 year run like the Indians had in the 90's then I would consider making the trade. Id take a few years of no heartache if it meant they came back stronger than before.

Usually when cities lose teams it doesn't come back anytime soon if it ever does.

 

[MD13]

If Haslam does have to give up control of the Browns, I hope the NFL could just retain control of the team for a few years while leaving Banner in charge of operations. Like him or not, but his track record has been pretty damn good so far and he has a ton of experience in running a team. Last thing I'd want at this point is for a new owner to come in and overhaul the entire front office and team *again* with us back at square one.

 

[CornerThree]

This may be bad for the Browns, but if he really did rip off honest, hard-working people, and then laugh at them behind their backs, he deserves what's coming. It sucks, but it can't be ignored. Hopefully the league will step in if it gets bad, since they saddled us up with this mess in the first place.

I'm in transportation, but not trucking, and the margins are super thin as is. And these assholes ripped people off and laughed about it? Fuck all of them.

 

[Soda]

You bet your ass the NFL has a few guys on their list of potential owners already.

 

[col63onel]

You bet your ass the NFL has a few guys on their list of potential owners already.

 

[Chardon]

Is the stadium still being renamed to first energy field or whatever? You gotta think that companies and organizations won't want their name associated with the Browns, thus lose advertising dollars. But that is just a guess.

No way Haslam comes out of this unscathed. Even if he doesn't go to jail, he is going to be losing a ton of money. How will this effect the Browns in the payroll and signings? What if the NFL takes over the Browns, what money will they be using?

If we do get a new owner, and he wants to restart with his own people...

 

[Soda]

Is the stadium still being renamed to first energy field or whatever? You gotta think that companies and organizations won't want their name associated with the Browns, thus lose advertising dollars. But that is just a guess.

No way Haslam comes out of this unscathed. Even if he doesn't go to jail, he is going to be losing a ton of money. How will this effect the Browns in the payroll and signings? What if the NFL takes over the Browns, what money will they be using?

If we do get a new owner, and he wants to restart with his own people...

I'd guess, for them, the shoe is on the other foot... They're not going to be stepping on any soap boxes around here anytime soon.

The Akron-based utility had no comment on the terms of the deal, which was unveiled with great fanfare Tuesday after months of negotiations.

Browns owner Jimmy Haslam said during the event that FirstEnergy asked that fees and other details not be disclosed.

FirstEnergy's last report to investors in November showed profits were down 20 percent compared to the year before, partly because of declining demand and competition from companies with cheap gas-fired power plants.

Of all its divisions, the only bright spot was the free-wheeling and unregulated FirstEnergy Solutions, which sells power all over Ohio as well as in other states.

FirstEnergy is a $16 billion a year company and the $6 million annual expense comes under the cost of doing business -- in other words marketing, which is becoming more important as power companies compete.

These costs cannot come be passed onto FirstEnergy's customers through rate increases. Still, both regulators and consumer advocates will be watching.

"I have not heard that the utility will seek to charge electricity customers for the cost of the stadium naming rights," said Ohio Consumers' Counsel Bruce Weston. "But it's not an expense that electricity customers, even if they are football fans, should have to pay."

Todd Snitchler, chairman of the Public Utilities Commission of Ohio said he doesn't expect FirstEnergy to try to pass on the cost.

"That is all shareholder money," he said. "We don't have any control over how they spend those dollars."

http://www.cleveland.com/browns/index.ssf/2013/01/cleveland_browns_stadium_deal.html

 

[theshad]

Is the stadium still being renamed to first energy field or whatever? You gotta think that companies and organizations won't want their name associated with the Browns, thus lose advertising dollars. But that is just a guess.

No way Haslam comes out of this unscathed. Even if he doesn't go to jail, he is going to be losing a ton of money. How will this effect the Browns in the payroll and signings? What if the NFL takes over the Browns, what money will they be using?

If we do get a new owner, and he wants to restart with his own people...

If you're on 77 north the exit signs have all been changed to First Energy Stadium already, I figured the name change was already a done deal.

 

[6.19.2016]

Could he? I can't read the rules right now, but I thought there was a rule against simultaneous NFL/NBA ownership.

 

[6.19.2016]

Thinking out loud here... and please avoid killing me for saying this... but if this shittastic version of the Browns leaving means we get a 10 year run like the Indians had in the 90's then I would consider making the trade. Id take a few years of no heartache if it meant they came back stronger than before.

Even having an occasional 2002 or 2007 Browns season (why does everyone forget those when they say "TEH BROWNZ STYNK EVREE YEER!!11!!") is sufficient reason to not make that trade, at least when you consider there was no Indians title in that time frame.

You did, however, touch on the economics of more investment into the Indians when people didn't spend it on the Browns.