David Kruger
25.7K posts

David Kruger
@Davidjkruger
I cook & bake at the same time. Push pull doors. Dad, teacher, social justice warrior. Talks before thinks. He/Him pronouns. Tweets are mine.
Toronto, Ontario Katılım Şubat 2010
3.5K Takip Edilen340 Takipçiler
David Kruger retweetledi

Hal Steinbrenner is never selling the Yankees. Hate to break it to everyone. It makes zero financial sense for him to do so.
George Steinbrenner paid $8.8M for the Yankees in 1973. The franchise is worth roughly $11B today.. That is one of the greatest capital appreciation trades in American financial history and Hal is doing everything in his power to never cash it in.
A sale today generates a $9.4B taxable gain and a $3.5B tax bill at blended federal and New York rates. Hal isn’t writing a $3.5B check to Uncle Sam. So he’s not selling. The Steinbrenner family will borrow against the franchise instead. Loan proceeds aren’t taxed as income income. The interest is deductible. The asset keeps compounding. You’ve unlocked liquidity from the appreciation without triggering a taxable event that would cost you $3.5B.
The Yankees did $705M in revenue last year and reported $7M in EBITDA. A business generating $705M and barely breaking even is not mismanaged. It is managed precisely. Every depreciation schedule, every interest payment, every deductible expense is sheltering income that would otherwise get taxed. The accounting losses are a feature.
Hal will pass the franchise to his kids at a stepped-up basis and they will run the exact same play.
Think of it this way: Hal is sitting on an asset worth $11B that he effectively inherited for free. If he sells, he hands $3.5B to the government. If he never sells, he borrows against it, lives off the proceeds, deducts the interest, and eventually passes it to his children at full value without anyone ever paying the tax.
The Yankees payroll debate is a distraction. Hal isn’t running a baseball team. He owns a generational wealth vehicle that just happens to play baseball.
Rob 🇺🇸 🗽🦮🐕🦺@rmny1976
@rationalyankee Hal need to sell, he’s make 10-12B
English
David Kruger retweetledi

@StandingHannah Dude’s got space for favourites. You will always be one of his special people.
English

One of the coolest parts of the very crappy world is that I am the boy’s favourite person right now. I know it won’t last but I am soaking up every time he beams at me or hold on to me right now. #autism
English

I was thinking of him while watching the Brewers play, because they have a guy named Garrett. Mitchell? sportsnet.ca/mlb/article/ou…?
English
David Kruger retweetledi

So now Doug Ford wants to make attendance up to 15% of a student’s grade?
Here’s the reality absenteeism isn’t the problem. It’s a symptom.
Mental health struggles. Family pressures. Disengagement.
You don’t fix that by punishing kids.
You fix it by understanding it.
Doug Ford needs to stay out of education he clearly doesn’t understand it.
Maybe try listening to actual teachers and educators in Ontario instead of bringing in outside consultants who don’t live this system every day.
English
David Kruger retweetledi

Tina got fired. She was suggesting that a few billion dollars of taxpayer money could have gone "missing" and wound up in some dodgy investments.
My own review of her work and a look at the "bailouts" occurring in the TO real estate market suggest she was onto something. Something - as in billions.
@TinaYazdani
Tina Yazdani@TinaYazdani
I am no longer employed by CityNews. I am proud of my journalism at CityNews and I stand by my reporting. I will have more to say on this later but for now please stay tuned and thank you for those who have supported me.
English

@raghu_venugopal I’m so sorry. Joey was family. Joey lives on in you all.
English
David Kruger retweetledi

Rory McIlroy is an investor in Whoop, wears one of the company's wristbands while playing, and allows the brand to share his data periodically.
Here are some of his Masters highlights:
• 24,000+ steps on Sunday
• 91,000+ steps during the tournament
Rory's heart rate spiked to 135 BPM during his tee shot on 18, dropped to 121 BPM during his approach shot, fell further to 105 BPM during his winning putt, and then jumped back up to 150 BPM during his celebration.
His resting heart rate for the week was 47-49 BPM.
Rory says he follows a strict routine during the PGA Tour season to ensure proper rest and recovery:
• No caffeine after 2 PM
• Last meal at least 2 hours before bed
• Magnesium and theanine for sleep quality
• Blue-light-blocking glasses in the evening
• Sauana or Epsom salt bath when available
• Cool room temperature for sleep
He follows the same three-hour routine before every round: arrive at the course → warm up in the gym → eat breakfast → hit balls on the range → putting green.
Rory says he believes his focus on longevity will help him play another 10+ years at a high level, and his physiological age on Whoop is now 1.5 years younger than his actual age.
Plus, it turned out to be a pretty good investment.
Rory initially invested in Whoop in 2020 when the company was valued at $1.2 billion. While we don't know exactly how much he invested, Whoop recently raised another round at a $10.1 billion valuation.
That's an 8.4x multiple in five years.
Not bad, not bad.


English

Tomorrow is my first day at my new job. I’m excited and nervous and I feel so lucky for this opportunity. After almost six months without a job I cannot tell you how thankful I am. It’s been tough financially, emotionally and I was starting to lose hope. I am so happy I got the break I needed. I wish that for everyone struggling to find work and get by.
English
David Kruger retweetledi

Vaginal oestrogen – benefits beyond menopause every woman needs to know - HELLO! apple.news/AF53xt5TdQGyvf…
English

@LukeWahl What about the early 80s Yankees? Davey Collins and Ken Griffey Sr. sitting on the bench a lot of the time.
English

Why not? The illegal ones are, and I can buy beer and coolers at 7 AM at my local fortino’s. toronto.citynews.ca/2026/04/11/pro…
English






