Thursday, October 20, 2016

Seminole Tribe Factoid

I have often heard critics claim the Seminole Tribe allows FSU to use the namesake because of $$$, while they likely do get some $$$, are they REALLY doing it for the $$$$?  I don't think so.




An Alligator Wrestler, A Casino Boss And A $12 Billion Tribe

And for the Seminole people? Today every man, woman and child in the tribe receives biweekly dividend payments totaling about $128,000 a year. Indeed, by the time a Seminole child today turns 18, she is already a multimillionaire, thanks to tribal trusts that prevent children or their parents from touching the funds until adulthood. Applying industry multiples to the Seminoles’ hospitality and gambling businesses would put the tribe’s net worth at about $12 billion,

http://www.forbes.com/sites/laureng...le-tribe-florida-hard-rock-cafe/#437f427138a1

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