However, if our financial report shows we owe $12.5m on the lease, what does that indicate?
Also, word-play is interesting. Utilizing the phrase: “don’t pay rent” would indicate Miami is not paying to play at HRS, which is untrue. My ex-wife use to do word-play games w/ me. She’ll take money from my account & say “I’m going to the store.” Well, b/c when we say “store” meant grocery store, she gave the indication that she took money to go to the grocery store. When she came back, there were no groceries, but she had mall bags. When asked ‘I thought u were going to the store?’ her reply was, “I did, Neiman Marcus is a store, isn’t it?” Was she technically correct? Yes, but utilizing a certain phrase gave a deceptive appearance.
By saying & arguing that Miami doesn’t pay rent, but it shares revenue, that’s the same chit. lol We’re paying to play there; the shared revenue is the cost, the rent, to play at HRS. So were u “technically” right that we don’t pay rent? Yes, in the traditional sense of how most ppl pay rent, but we’re paying rent in another form.