https://www.chicagotribune.com/business/ct-biz-sears-centre-arena-name-change-now-20200623-kuaavybzwvfmfdn753okeileii-story.html
Terminating the name rights contract early." It only needed $1.2 million to keep it through 2022, while NOW Health Group immediately inked a deal for $15M the second Eddie stopped paying. Really looking for every last quarter.
The money can definitely be spent better elsewhere. For example, the payments on Eddie's yacht and the salaries of the staff needed to maintain it. BWAHAHAhahahah!!
@1etn+15Bfcjd7 Which is exactly what the previous poster said. Why spend the money if it can be better spent elsewhere?
@1haj+15Bfcjd7 Also because the company is hemorrhaging money left and right and they're scrambling to find cash to pay of the debt which they never fully will.
Sounds like a good decision to me. Why waste $600K if the investment isn’t going to bring in business and increase sales/revenue?
So that brings us thru October.
Looking for every last quarter as the next financial quarter will be the last any stores will be open.