Yep. Whatever money gets paid out is going to the lawyers at this point
Well, that's the rub, isn't it?
If the team is worth 2 billion, comes with 500 million in debt, is likely owed north of 500 million for past season tv rights, but it is likely going to take a few hundred million in legal fees to eventually get paid, how much is it worth? Oh, and a third of the projected future revenue of the business will likely be tied up in lawsuits for years that will take hundresd of million of legal fees to collect at some unknown time.
How do you put a value on that company? Who the hell would want to take that on? Is it even a good investment to take on for nothing? I wonder if at some point the Lerners consider or threaten to declare bankruptcy to try to force a resolution to the mess.