Is Jr. just being GREEDY ??


VermontHunter

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Just curious to hear if anyone thinks Jr. is being just a touch greedy now..... smirk.gif

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'Majority ownership' bottom line for Junior

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This is what he had to say at the Media Day Interview and then just got up and walked off.... crazy.gifcrazy.gif

Here's the link to the whole story...

http://www.nascar.com/2007/news/headlines/cup/02/08/dearnhardtjr.contract.status/index.html

keep it civil please guys when statinting your opinion,,, wink.gif

I think he's asking for just a TAD much here.... A equal share YES... but Majority just makes him look like he wants to push Teresa Earnhardt out of the picture completely... Like it or not.. Sr. did leave her the company... wink.gif

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Re: Is Jr. just being GREEDY ??

Hmmmm...interesting to say the least. Although, I don't hink it is too much to ask for. After all the company does carry his name and Sr. made no secrets about why DEI was formed. It was formed for Jr. I think that Theresa is the one that may be just a tad greedy. She was always kind of behind the scenes until forced to the forefront after Sr's death and I think now she doesn't want to go behind the scenes again. She needs to face it Jr IS DEI and without him it will not be what it was intended to be.

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Re: Is Jr. just being GREEDY ??

Honestly.. No, I don't think he is beeing greedy. When SR. started DEI, from what I have read his intentions were for it to be something for his kids to fall back on. With his death, it seems that is all out the window. You know there wouldn't be anything close to this situation going on if Sr. was still alive.

And face it, what choice does DEI have? Without JR., and Budweiser, there will be no DEI. Theresa will make tons and tons of money for the rest of her life off of the royalties she earns from SR.'s name and likeness. Does she even need to own DEI?

Now on the otherside, I hate to see Jr. be in the owner driver boat, because it has a long history of not working out. Alan Kulwicki excluded.

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Re: Is Jr. just being GREEDY ??

I think it sounded a little greedy but as I stated in other posts, without him, she would have nothing anyway. Make no mistake about it, she's not running DEI hands on in the first place. The CEO and other staff are the force behind DEI. She just has the final say on major decisions. Hiring good staff to fill in for her is crucial but she has a group of advisors every step of the way just like Jr. People think Jr. is sitting down with Teresa and talking it out. That's not happening. Jr.'s sister or he and his sister are sitting down and talking to the lawyers and contract negotiators about what they want and recording everything for evaluation and bargaining. I hope he does become majority owner but I think either I mis-interpretted or someone else did but I was gathering that he just wanted to be majority owner of the #8, not DEI. I may be wrong. I think he should be part owner in his own car. He built the reputation and has carried his dad's legacy well. Hope this doesn't distract from his driving. He needs another good season or a Championship.

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Re: Is Jr. just being GREEDY ??

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Honestly.. No, I don't think he is beeing greedy. When SR. started DEI, from what I have read his intentions were for it to be something for his kids to fall back on.

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If that's the case,then he should have left the majority to the kids instead of Theresa.

I think they are both being greedy.I don't feel Teresa will give JR majority ownership.No doubt he probably does deserve some % of it though.

As for DEI,I think they would be fine if JR left,they could bring in someone else to drive that will run just as good,but they would definately take a hit in the merchandise sales...on the other hand they wouldn't have to give up a majority ownership of the company.Plenty of other race teams survive just fine that don't have JR driving for them.

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Re: Is Jr. just being GREEDY ??

Hmm, Maybe he is asking for majority as leverage for bargaining for a partial ownership of DEI. I do beleive that since DEI was started for the kids, that they should have partial ownership. Why didn't SR take care of this before his death, maybe he never thought he would die that soon.

How many here have there will straight????

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Re: Is Jr. just being GREEDY ??

[ QUOTE ]

Honestly.. No, I don't think he is beeing greedy. When SR. started DEI, from what I have read his intentions were for it to be something for his kids to fall back on. With his death, it seems that is all out the window. You know there wouldn't be anything close to this situation going on if Sr. was still alive.

And face it, what choice does DEI have? Without JR., and Budweiser, there will be no DEI. Theresa will make tons and tons of money for the rest of her life off of the royalties she earns from SR.'s name and likeness. Does she even need to own DEI?

Now on the otherside, I hate to see Jr. be in the owner driver boat, because it has a long history of not working out. Alan Kulwicki excluded.

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i totally agree with John.

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Re: Is Jr. just being GREEDY ??

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Hmm, Maybe he is asking for majority as leverage for bargaining for a partial ownership of DEI. I do beleive that since DEI was started for the kids, that they should have partial ownership. Why didn't SR take care of this before his death, maybe he never thought he would die that soon.

How many here have there will straight????

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Along those same lines, how many of you tell your wife of XX number of years (don't remember how long they were married, but I believe it was getting close to 20 years) that she won't inherit the company, her step kids will.

I think Gator is right on target. Aim high and settle lower.

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Re: Is Jr. just being GREEDY ??

I agree with John.

I look at it this way. Junior doesn't need DEI. He'd be a great driver for pretty much any team. DEI, on the other hand, needs Junior. The only reason Truex Jr is there is because of Dale Jr. He is responsible for him being on the team. Paul Menard is there because of Menards. If Junior leaves, DEI loses their best chance at a championship and a TON of money from merchandise, etc.

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Re: Is Jr. just being GREEDY ??

Dale Earnhardt Incorporated (DEI)

- Dale is gone and the wife is running the company.

- If Dale Jr. is gone, it's just another race team with WHAT for appeal?

- DEI will only hold water if Dale Jr. is involved. And Teresa will fade away (albeit still rich). The DEI aura will stay if Dale stays.

- If he doesn't win the championship this year, I think he goes to RCR next year, he'll be driving the black #3 Monte Carlo in 2008. The time has come and I can't wait....He has to win in 07 or else changes will take place.

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Re: Is Jr. just being GREEDY ??

Tereasa is cheap and cares more about $ than winning a championship. She will not spend the nescessary money to let Jr be as competetive as he could be. Bottom line-I hope she doesn't give hime what he wants. Then when he goes to RCR and she runs DEI into the ground she will realise how big of a mistake she made. But she more than likely will not care because she will still be filthy rich,and thats ALL she cares about.

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Re: Is Jr. just being GREEDY ??

Here's what I think. I think Jr. will leave to RCR in 08 and then wait........ when DEI is almost at the point of closing or losing it's drivers, Jr. will offer to buy DEI and return like his father intended to do before his death. I think it will be a 3 way split with Jr., Kerry and Kelly. Kerry, Jr., Truex Jr., and possibly Ken Schrader will be the drivers for DEI and Kelly will assume the role of CEO or President of DEI. Jr. will no longer have to worry about getting screwed over by anyone and free to race til his heart's content. Bumpy road but pays off in the end.

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Re: Is Jr. just being GREEDY ??

[ QUOTE ]

Dale Earnhardt Incorporated (DEI)

- Dale is gone and the wife is running the company.

- If Dale Jr. is gone, it's just another race team with WHAT for appeal?

- DEI will only hold water if Dale Jr. is involved. And Teresa will fade away (albeit still rich). The DEI aura will stay if Dale stays.

- If he doesn't win the championship this year, I think he goes to RCR next year, he'll be driving the black #3 Monte Carlo in 2008. The time has come and I can't wait....He has to win in 07 or else changes will take place.

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I agee, without Dale Jr, DEI is nothing, sad to say but true!!

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Re: Is Jr. just being GREEDY ??

Greedy now I dont think so ... just has it coming to him ... wonder how you run DEI without and E ... doesn't make much sence to me ... I mean yeah they can get other drivers ... but sheesh what a joke ... I mean whats that say about you when you cant even get blood to run for you ... who wouldn want to be in that position ...

Steve

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