"Trump has little chance of being approved by the NFL," given that he had owned casinos and had a role in the rival USFL's 1980s antitrust suit against the NFL, then-Morgan Stanley executive K. Don Cornwell wrote to colleagues in April 2014. "That being said, his strong show of support doesn't hurt the process."
Trump owned the USFL's New Jersey Generals and led the upstart league to sue the NFL in the mid-1980s, alleging its established rivals had monopolized professional football. The USFL achieved a Pyrrhic victory, with a jury awarding just $1 in damages -- multiplied to $3 via court rules and totaling $3.76 with interest once upheld by the U.S. Supreme Court. The USFL, which had sought $1.3 billion, folded shortly after.
Throughout the sale process, Cohen insisted Trump was serious about his bid and his commitment to keeping the Bills in Buffalo. Cohen disputed reports that Trump didn't have the financial resources to pull off the deal, claiming his then-boss was worth billions of dollars and pointing to his many properties as proof.
When it came to Trump, the upshot of the conversation was: "question his liquidity and ability to get votes" from other team owners in an approval vote, according to the email. It also said the league would want to examine management contracts for any Trump-branded casinos, to see whether he had any influence, even if not ownership.
Cornwell testified that since the sale was an open process, the bankers "had to talk to all interested parties." No more carve-outs coming, Trudeau tells Canadians hoping for carbon tax pause on all home heating types Two Russian-Canadians charged with allegedly evading sanctions, providing US$10M in electronics to Kremlin
Members of the Hells Angels biker gang put millions gained from an underground gambling ring into cash, cars, a motorcycle and even waterfront land they hoped to develop, according to allegations in court documents.As the federal government prepares to unveil its immigration targets for the next three years, new research finds immigrants to Canada are increasingly leaving this country for opportunities elsewhere.
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