Evidence receipt / observation
Published · transcript-backedBen Gilbert: observation
24 Mar 2025 Acquired Indian Premier League Cricket
“The capital calls are the way to do it. It’s an incredible way to get someone to bid $50-$100 million for something that doesn’t exist yet, to say well, in the first year you’re only out $5 million.”
Source trail
Everything needed to verify it.
- Speaker
- Ben Gilbert
- Attribution
- Verified speaker
- Claim type
- observation
- Recorded
- 24 Mar 2025
- Publisher
- Acquired
- Episode
- Indian Premier League Cricket
Transcript context
…Just generally, yeah. Make it payable over 10 years. The capital calls are the way to do it. It’s an incredible way to get someone to bid $50-$100 million for something that doesn’t exist yet, to say well, in the first year you’re only out $5 million. Then there’s a sweetener, which you’re going to get to in the media rights with the way that they tear that down. But Lalit is a genius at structuring your own out-of-pocket money. I’m not sure how much risk you’re actually going to be taking, even though all of these dollar signs are eye-wateringly large. Well, again, media rights. Importantly, we can’t get to the media rights yet because like we said, there’s the problem of, to sell the media rights, you got to bring a female audience in.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.