32 Equity Explained: What You Need to Know Now

Well, let me tell ya somethin’ about this here “32 Equity”. Don’t go gettin’ all fancy with them big words, it ain’t that complicated.

What’s this “Equity” thing anyway?

Equity, they say, is like ownin’ somethin’. Like, if you got a house, and you paid off some of that money you borrowed to get it, the part that’s really yours, that’s equity. Or if you got a piece of a business, that’s your equity too. It’s what’s left after you pay off all the debts. Plain and simple, right?

So, what in tarnation is “32 Equity”?

Now, this “32 Equity”, that’s somethin’ the football fellas cooked up. You know, the NFL, them fellas with the helmets and the tight pants? They got 32 teams, see? And they put together this “32 Equity” thing back in 2013. It’s like their own little money pot.

• It’s in New York City, that big place with all the tall buildings.
• They use it to invest in stuff. Big things, small things, all sorts of things.
• They say it’s for things like makin’ it easier to buy hot dogs at the stadium, or maybe somethin’ bigger. Sounds like a lot of fuss for a hot dog to me.

Who’s in charge of this money pot?

There’s this fella, Dhruv Prasad, he’s the big cheese over at “32 Equity” now. Started back in 2022. He’s the one figurin’ out where to put the money. Hope he’s got a good head on his shoulders, that’s a lot of money to be messin’ with.

What kinda stuff do they invest in?

They can invest in all sorts of things. They got what they call “wide leeway,” which I guess means they can do pretty much whatever they want. They could buy a little thing, like one of them new machines that lets you pay for your snacks faster at the game. Or they could buy somethin’ big, who knows? It’s all up to them fellas.

Can regular folks get in on this “equity” stuff?

Now, they say regular folks can invest in some kinds of “equity” too. You can buy pieces of companies, or even a little bit of your neighbor’s farm if he’s sellin’. They got these things called mutual funds and ETFs, all kinds of fancy names. And some folks even get together and pool their money to buy bigger things. Sounds risky if you ask me, stickin’ your money in somethin’ you can’t touch and feel.

But this “32 Equity”, that’s different. That’s the football teams’ money. And from what I hear, they ain’t sharin’ it. They just keep reinvestin’ the profits, makin’ the pot bigger and bigger. Good for them, I guess.

Investing in Equity: Big Money, Big Decisions

Seems like there’s two kinds of ways to get into this “equity” business. One way is buyin’ pieces of a company, like stocks they call ‘em. And they pay you somethin’ called dividends sometimes, which is like a little thank you for lettin’ them use your money. The other way is lendin’ money, like buyin’ them bonds. That’s like loanin’ money to your neighbor, except it’s to a big company or somethin’. And they pay you back with somethin’ called interest. Either way, you gotta have money to make money, that’s what they always say.

32 Equity: The NFL’s Investment Arm

So, to sum it all up, this “32 Equity” is the NFL’s way of makin’ their money work for them. They got a lot of it, and they’re usin’ it to invest in all sorts of things. It ain’t for regular folks like you and me, but it’s somethin’ to talk about, ain’t it? They got one fund, this pot of money, and they’re usin’ it to make more money. Just like plantin’ seeds and hopin’ they grow into big, strong plants, I guess. But with money, not seeds. And I sure hope Dhruv Prasad knows what he’s doin’ with all that cash!

Debt versus Equity: What’s the difference?

Now, don’t get this “debt” and “equity” thing all mixed up. They’re different, see? Debt is like owing money. You borrowed it, and you gotta pay it back. Equity is like owning something. It’s yours, free and clear. Like the difference between rentin’ a house and ownin’ it. When you rent, you’re just payin’ to use it. When you own it, it’s yours. Simple as that.

And that, as far as I can tell, is what this whole “32 Equity” thing is all about. A bunch of rich football fellas playin’ around with their money. Hope they don’t lose it all, that would be a shame.