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TradeAngelos

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Posts posted by TradeAngelos

  1. So now what Johnny boy is doing is using the fact Wes Moore made this big deal of the "agreement" and announcement, and will look like a fool if it falls apart. Moore got played. So now he is trying to extort Moore for the land he wants, so essentially nothing has changed and here we are 3 weeks from deadline. Knowing politics, Moore will cave in somehow and Johnny will get his way. He won't put that egg on his face. This city and team disgusts me. Now go buy those season ticket plans and give them more money. As the payroll checks in around 50m and Johnny laughs all the way to the bank, to submit the plans for all the free land he just got. So he can bleed this city and fanbase or even more money without a darn thing in return.

  2. Well it looks like Moore caved, I won't the into the politics of all this but that surely what it was. Wes didn't want to be the new hotshot Gov and have this "stain" on his resume. So let's give little Johnny (some of) what he wants, for no reason that makes sense except one.....Just absolutely disgusting state leadership and I am counting the days until I am gone. Just a reminder the Orioles have spent all of 165m on payroll over the past 4 seasons. While the Padres!! have spent almost a BILLION. Yet there isn't a single person in this city with the balls to ask just where the hell the rest of the money went. (We know!) Keep spending that money people, Johnny will surely keep take take and taking why crying poor. He lives off of every penny you give him. All of them. 

  3. 100 win team? No it isn't just making the playoffs. Or winning the division. When you are one of the best teams in baseball it is about winning a WS and anything short of that just isn't good enough. I mean this is 5 yrs in the making right? Didn't suffer for a spot in the ALCS did you? Nope. Of course, the shackles that are around Elias will prevent that from ever happening and them getting over the hump, so enjoy being tortured year after year as the key pieces fade into bolivian and get closer to leaving town. Because that is what elite homegrown players do, leave town. 

    • Downvote 1
  4. Let's just say for s%^&and giggles that number is only 300m since attendance has been down the last 5 years. But guess what is also WAY down over the last 5 years? The payroll! They have spent a grand total of 225m (120m of that in yr 1 and 5) on payroll. While bringing in 1.5 BILLION. I guess it costs 1.25 BILLION over a 5 year period on overhead! But sure, tell me how poor they are. Tell me how they are a little itty bitty market like the Rays. Tell me how they haven't stacked up cash to the ceiling for the past 5 years, that SHOULD be used to lock up anyone and everyone worth it. NOW.  You people are being LIED TO and you just accept it at face value. That is why you deserve every bit of the pain that is coming over the next 5 years, as all the cornerstone pieces walk out the door one by one, just like Machado did. These people have been looting this team of cash every chance they have for 30 years, and Johnny is going to keep that tradition going for the next 30. Because this fanbase is too weak and spineless to do anything about it. 

  5. 6 minutes ago, deward said:

    I'm sure JA has instigated internal discussions about it. I think he's delusional if he thinks MLB would allow that to happen. The last team MLB allowed to move (before Oakland) was Montreal, a complete CF of a situation with no hope of resolution; bad stadium, no gov't support to build a new stadium, chronically poor fan support. They were in a death spiral. Baltimore doesn't check any of those boxes. JA isn't going to MLB and saying "hey, I know I've got this team that's winning a bunch of games, has a loaded farm system, plays in a great park, in a city that is willing to pony up to make improvements, and with surging fan interest, both locally and nationally....but I'd really like to move it to Nashville" without getting laughed out of the room.

    Nashville has about a 1.5 billion dollar check waiting for any team, Johnny would be gone before you know it if he could get away with it. And I am sure he is trying to figure out a way right now. 

    • Upvote 1
  6. 15 hours ago, Moose Milligan said:

    Then I’m not buying that Baltimore is a small market. It is unrealistic to consider the type of market it is if the DC area isn’t part of their calculation. 

    I will agree that it’s hard to tell how much of DC plays a part into the Baltimore market, but we all know it does. 
     

    IMO it’s a mid market team. 

    Because it isn't, it is just that the delusional homers have to grab every single thing they can (true or not) to try to make it so, to themselves feel better when ownership refuses to spend. They are like Johnny's little internet Army serving up propaganda to appease the state. They swear allegiance to the ownership and no one else.  MASN? What's that? Oh right been running at a loss since inception. Hasn't made a single f'in dollar, ever. POOF that money juist flies into the abyss never to be seen or even mentioned again....The deal they cut with MLB and the Nats was TERRIBLE for the team! Everyone new that! It's what made them a "small market team". Instantly. That is how these people just lie and obfuscate. 

     

  7. 17 hours ago, Frobby said:

    Notwithstanding John Angelos’ “poor mouth” crying and terrible communication skills, let’s be clear about one thing: the Orioles ARE a small market team.  The question is, what does that say about how the Orioles can and should build their team?

    Let’s begin here: MLB awards extra draft picks and international slot allocations to (1) the ten smallest markets as measured by their calculated Revenue Sharing Market Score (“RSMS”), as set forth in the CBA, and (2) the ten teams with the smallest gross revenue.   There is an overlap of these two lists, but they are not identical.   Therefore, in 2023, 14 teams received extra picks and allocations, and this included the Orioles.   The O’s market ranked 23rd on the RSMS.  The alternate calculation using revenue is not public, but per Forbes, the Orioles also ranked either 22nd or 23rd in revenue among the 30 teams.  (I’m not sure which only because the Forbes link that has the Pirates’ data has a glitch.)   So really, by the two measures that MLB itself uses, it’s correct to categorize the Orioles as a “small market” team. 

    Of the 14 teams who received comp picks, I am going to eliminate two as outliers.  First, I don’t know why the Mariners are on this list.  They are not one of the 10 smallest markets on the RSMS (they are 16th), and per Forbes, their revenues were about $70 mm more than any other team that got comp picks.  Second, I am eliminating Oakland, which per Forbes has revenues about $25 mm less than any other team (and $52 mm less than the Orioles).   So that leaves 11 teams that could be seen as small market peers of the Orioles.  I’m going to give a little data on each one, and review the long term contract commitments each team has (the contract figures below include already-past years of those contracts).  I’ll list the teams in order of gross revenue per Forbes (note that the O’s are at $264 mm, right in the middle of this pack).

    Milwaukee Brewers, $294 mm in revenue, 30th in market size per the RSMS.  The Brewers have $296 mm in multi-year contracts, mostly tied up in Christian Yelich ($215 mm).  Their 2023 opening day payroll was $118 mm, per BB-ref.  They lead the NL Central.

    Colorado Rockies, $286 mm revenue, 21st in market size.   The Rockies have $456 mm in long term contracts, headed by Kris Bryant ($182 mm) and Charlie Blackmon ($113 mm).  Their 2023 payroll is $149 mm.   They are in last place in the NL West.

    Arizona Diamondbacks, $276 mm revenue, 18th in market size.  The DBacks have $288 mm in long term contracts, headlined by Corbin Carroll, inked to an $111 mm contract midway through his rookie campaign.  The DBacks have a $116 mm payroll and are currently in 3rd place in the NL West, 1 game out of the final NL wild card spot.

    Cleveland Guardians, $268 mm in revenue, 25th in market size.  The Guardians have $302 mm in long-term commitments, mostly to Jose Ramirez ($141 mm) and Andres Gimenez ($106 mm).  Their payroll is $87 mm and they are currently 2nd in the AL Central, but well under .500 and not in the wild card race.

    Minnesota Twins, $267 mm in revenue, 17th in market size.  The Twins have $571 mm in long term contracts, headlined by Carlos Correa at $200 mm and Bryan Buxton at $100 mm.   They have a number of other sizable deals.  Their payroll is $138 mm and they are leading the weak AL Central, despite being only 5 games over .500.

    Baltimore Orioles, $264 mm in revenue, 23rd in market size.  The Orioles have $11 mm in multi-year contracts, including John Means (expiring this year) and their share of the James McCann contract.  Their payroll is $72 mm, and they have the best record in the AL, 30 games over .500.

    Pittsburgh Pirates, $262 mm in revenue, 27th in market size.  The Pirates have $176 mm in long terms deals, all relating to Bryan Reynolds ($106 mm) and Ke’Brian Hayes ($70 mm).   The Pirates have a payroll of $72 mm and are in 4th place in the NL Central, but 14 games under .500. 

    Kansas City Royals, $260 mm in revenue, 28th in market size.   The Royals have $99 mm in long term contracts, mostly comprised of an $82 mm deal with Salvador Perez.   The Royals have a payroll of $91 mm and are the second worst team in MLB this year.

    Detroit Tigers, $260 mm in revenue, 20th in market size.  The Tigers have $458 mm in long term contracts, mostly relating to  Miguel Cabrera ($240 mm) and Javier Baez ($140 mm).  The Tigers have a payroll of $119 mm and sit 3rd in the AL Central, 10 games under .500.

    Cincinnati Reds, $250 mm revenues, 29th in market size.  The Reds have $278 mm in long term contracts, $225 mm of which is Joey Votto.  The Reds have a payroll of $89 mm and they are 3rd in the AL Central, 1 game out of the last wild card spot.

    Tampa Bay Rays, $248 mm in revenues, 19th in market size.  The Rays have $370 mm in long terms contracts, almost half of which relates to Wander Franco ($182 mm) – we’ll see what happens with that.   The Rays have a $76 mm payroll and they are 2nd in the AL East, currently in the top wild card spot.

    Miami Marlins, $238 mm in revenues, 22nd in market size.  The Marlins have $155 mm in long term contracts, nothing larger than the $55 mm deal with Sandy Alcantara.  Their payroll is $98 mm and they are 3rd in the NL East,  1 game out of the final wild card spot.

    Before leaving this list, I should mention that there are two teams in the bottom 10 of the RSMS who did not qualify for draft picks or international pool money, and I did not include them as peer teams.  They are the Cardinals ($358 mm in revenue, 26th in market size) and the Padres ($324 mm in revenue, 24th in market size).   I think the revenue disparities are too great to consider them peer teams, and the Padres per Forbes are operating at an enormous operating loss.  

    So what are we to make of this?   First of all, we see that most of our peer teams can and do spend more on payroll than the Orioles, with the range being $72 - $149 mm and the median at $98 mm.  Per Forbes, the three teams at the top are showing operating losses, so I’m thinking that $115 - $120 mm is a realistic amount to spend.   Anything more would be dependent on increased revenue, which to be clear, should be coming as attendance increases and playoff revenues come in.

    Second, our peer teams can and do enter into long term contracts, though they don’t always work out as planned.  None of these teams has ever forked over more than $240 mm, and only 4 have exceeded $200 mm on a deal (the Cabrera contract was a huge loser, the Yelich deal looks like it will be a significant loser, the Correa deal is off to a bad start, while the Votto deal turned out decently.)  In my view, the O’s can do some long term deals, but they have to be careful with them.   I favor the ones for players who are far from free agency, but of course those require a willingness of the player to sign. 

    Honestly, when I look at all this, John Angelos wasn’t completely wrong in what he said.  But, he took it too far and failed to acknowledge that the O’s do have significant room to increase payroll and do some long term deals over the next several years.   They just have more limits than the large market teams do.

    Did you leave something out of this equation? Of course you did. 

    You have really gone to the dark side.  

  8. 5 hours ago, Roll Tide said:

    As much as I dislike the Angelos family this post is categorically untrue. The Orioles TV market was split in half when the Expos were allowed to move to DC. The rest of what happened is just colored bubbles. 

    And in exchange they got to own the Nats TV rights with MASN, raking in hundreds of millions in the process. This is not and has NEVER been a "small market team". Ever, ever, ever. To act like them moving was some huge hit to the finances is absurd, it was just the opposite with all the money they could make (and steal, we later found out)  from DC. The arrangement was widely called an absolute robbery of MLB and the Nats for how good the deal was for the Orioles. But sure let's rewrite history to claim it was a turning point for the finances in a downward direction. 

    I swear you people just love making excuses for this piece of trash ownership at every turn.  

  9. 4 hours ago, Tony-OH said:

    And there we have it. Our first pro John Angelos post. Somebody had to do it. I think Tradeangelos' head just exploded somewhere though.

    I saw who posted it, read the first sentence and knew I didn't need to read any more. 

    But these people don't exist, so I'm told. Like I don't read these posts daily here and on twitter. Just a figment of my imagination. 

     

  10. 2 minutes ago, glenn__davis said:

    They've been using the term "small market" for longer than that, and while technically it's true, with revenue sharing in baseball everyone is making money.  And you're right, saying "everyone" knows that is an absolute.  More like 99% of people know that.  You're yelling at clouds here and insulting most of the rest of the board by acting like you're the only enlightened one.  Just about everyone who follows the team at this point knows what kind of people they are.

    They absolutely have NOT been using "small market" that long. It used to be "middle market" or something like that until recently. And right, no one thinks like this I'm just making it up. These people are STILL all over the place. You want me to pollute this thread with endless OH poster quotes saying essentially the same thing? I won't torture you like that, but I could. 

  11. 19 minutes ago, CallMeBrooksie said:

    Who the hell are you even talking to? Have you not read a single post in this thread? Or any of the other myriad of John Angelos-related thread here lately?

    I've been reading this site for 20 years buddy. I literally just quoted someone who said this was just the result of the "inequities of baseball". and could quote a million other similar posts if I wanted to. 

  12. 16 minutes ago, glenn__davis said:

    I don't think you've read many of Can's posts if you think that his opinion.

    By this time, just about everyone knows that the Orioles are not a poor, penny-pinching team.  Everyone knows the team makes a lot of money and chooses not to spend it.  

    I just quoted a post that said the dead opposite. And LOL if you think that "everyone" believes it. 

    I know COC is usually critical I was just responding to what he said in that post and how he (and everyone else) uses "small market" these days. That was NEVER the case until the last 5 years. When they started lubing the fanbase up for the future. 

  13. 12 minutes ago, Hank Scorpio said:

    Right now it's just because they've expunged all of the post-arbitration from the roster and it's full of 1 year vet deals, pending FA's they traded for, and a bunch of pre-arb guys. It'll change as arb guys get to the table. 

    This just further cements the reality that we all kinda knew. They likely have to pick THE guy (one guy) to extend on a $300MM deal and probably deal off the Rutschmans & Hendersons as they get more expensive and approach FA.

    Think of 2016... Machado & Britton were their valuable pieces. They each had 2 years left pre-FA at that point and their window appeared to be closing. The rest of the division was on the rise and the O's had plateaued a bit. Knowing full well they weren't going to re-sign Machado, and that they weren't likely to be even the 3rd best team in the division in 2017 - they should have traded Machado at that point and cashed in significantly so that the next dip (the same dip that the big market endless wallet teams never really have to experience) wasn't as painful. Machado & Britton together could have restocked the system. Theoretically, anyway. Not sure the Duquette baseball ops group would have maximized the return but it sure as hell wouldn't have been Kremer, Bannon, Diaz, Pop and Valera. And uh... who? Dillon Tate? Can't remember the Britton deal vividly.

    Does it suck to have to trade superstars before they're going to 100% walk for a comp pick? Yeah.

    Is it really the only way to remain competitive throughout? According to Angelos, yeah. 

    Are there inequities in the fundamental structure of baseball? Yeah.

    Is it ever going to change? LOL no.

    If the Angelos family is going to publicly whine about these inequities, then they should get outta the kitchen.

    Or just shut up and swim in their basement full of money like Scrooge McDuck. 

    Posts like this are why the Angelos family knows they can just rape and pillage the team til the end of time. Nothing they can do about the state of baseball! Yeah that's it. Is what it is! It's just the "inequities" of baseball rearing their ugly head again! 

    It's amazing how SAN DIEGO can do it, but Baltimore can't! Remind me again about that huge San Diego market? You people are so far gone. Just like the franchise. 

    • Downvote 4
  14. 54 minutes ago, Can_of_corn said:

    Somehow I don't think the hardest thing to do in sports is to be a small market MLB team.

    I don't think it's even close.

    High School teams with a lack of funding and infrastructure have it harder.

    College Football teams that have to schedule road games against Michigan to pay for the program have it harder.

    Independent minor league teams have it harder.

     

    MLB still has a ton of revenue sharing.

    They already did the hardest thing. Tricked you and everyone else into repeating this "small market" bulls#$%^& over and over again. When did this start? Very recently. Angelos wins, again. And the fans just lose, because they enjoy being walked all over and not doing a darn thing about it. You are being played.  Angelos could tell you all they lose money every year and you will all believe it. Because you WANT to believe it. You WANT to believe they are scraping pennies off the marble MASN floors.  You WANT to believe that when it comes time to hand out contracts it will happen. You WANT to believe that slashing spending was "part of the plan". Only you didn't realize that this was going to be the "plan"......forever. Wake the #$%^& up. 

     

    • Confused 1
  15. 20 minutes ago, spiritof66 said:

    Here's the quick version:

    1. They can't afford to keep the team. Let's say that when Peter dies he owns 75% of a franchise worth $2.0 billion (including its ownership of MASN) and $400 million in other assets. Going from memory on Maryland taxes, the estate will have to pay in federal and state estate taxes about one-half of $1.5 billion plus $400 million, or $950,000.  They probably can pay that over time, but where's it going to come from? They have no other source of income. MLB rules won't let them just borrow the $550 million they're short. Even if there's a way to swing it, John and/or Lou Angelos will have the choice of selling the team and being very, very wealthy ($475 million each uing the above numbers, plus what they get from selling their own minority interests in the team) or or remaining owners of a franchise that operates on a Bill Veeck-style shoestring ("$10,000 now and $10,000 when you can catch me"). 

    2. Again in simplest terms, I can't imagine that the required majority of MLB owners will approve of John and/or Lou Angelos taking control of the team. (I'm not here going into the specifics of how the MLB Constitution works.) There are a bunch of reasons: (a) the team will be very weak financially, with no non-baseball income to fund losses in the event of a disaster like the recent pandemic, raising a threat of MLB's nightmare -- a team's bankruptcy, (b) the commissioner and many owners despised Peter Angelos for lots of reasons, not going into them here, (c) John Angelos appears to be nearly as much of an egotistical jackass as his father, and it's John (we now know) who kept the MASN litigation going for years, and he has no record of success in business (or anything else), and (d) many MLB owners abhor what appear to be John's political views. Finally, according to Lou Angelos's complant, IIRC, Peter's will leaves his interests to his sons 50-50, which means there will be no majority owner, a situation that invites disputes. (The settlement of the Lou-John lawsuit may have changed that.)

    The only way in which I can make sense of MLB's allowing Georgia Angelos to continue controlling the club, and its dishonest announcements about looking to John Angelos as the Orioles' "control person," is to infer that there's a deal in place permitting the Angeloses to retain ownership and control until Peter dies (avoiding the capital gains hit) and requiring them to sell afterwards (largely what lawyers call an ice-in-the-winter commitment, meaning it's something they'd do anyway).

    I hope that helps.

     

    I don't now a single thing about taxes(especially at the billionaire level), but if I were you I would brush up on the MD tax code again. Because there is no chance in hell those numbers are accurate. Claiming they will owe a BILLION in taxes and "can't afford" the team so they have to sell is preposterous. That makes no sense. None. Zero. Zilch. 

  16. 53 minutes ago, Billy F-Face3 said:

    I was looking into the litigation cases, as well as Manfred's statements a little farther. I found some articles from last year and then from January to July of this year that had direct quotes.

    Georgia Angelos (Peter's wife and holder of his estate) is on record from one of the cases saying she determined it would be in the family's best interest to sell the Orioles. 

    From article: "Georgia Angelos has stated in court documents that she determined it was in the best interest of the family to sell the Orioles, a decision that her husband empowered her to make."

    Also, Louis claimed John wants total control over the Orioles including "the option to move the team, preferably to Nashville where he has a home." We see now after the fact that Louis was telling the truth in his lawsuit, because John is holding up the lease and just suggested only a 2 year extension... just enough time for him to scheme a plan and buy off some influential people.

    What has Manfred said? If you read his actual quotes, he has not been as assertive as some here have been led to believe. Manfred's statemens were not absolute statements. They were speculative (leading the audience) type of statements such as "I expect... I hope... I think you can count on the team to stay in Baltimore" etc. The most assertive answer he ever gave on the topic was: "As long as I have this job, I think you can count on the fact the Orioles are going to be in Baltimore,”

    How long will Manfred have the job? Nobody seems have asked that important detail.. and why does he just think? He's the commissioner... Why can't he say he wouldn't allow the team to move under any circumstances? Saying he "thinks"? That doesn't seem very concrete. I have seen plenty of PR people, politicians, and public faces and been around the block for too long. This is how they operate. Manfred also said "I think you can count on". Which is an absolutely worthless, and a total speculate comment in the world of political and financial interests and legal contracts. 

    The only real legally binding facts we have right now (besides the family's public litigations against each other) is that the lease expires in 4 months and John has been stonewalling an agreement while suggesting to forget about the original 5 year plan and just do a short 2 year extension.

    Until something is signed that is legally binding, the PR spinmeisters will continue to be out their trying to spin public opinion of fans in the direction they want them to believe while something different is happening behind closed doors. People should never under estimate the sleight of hand tactics public entities will use to form public opinion.

    Excellent post! 

  17. 1 hour ago, LookitsPuck said:

    Within 45 minutes to 1.5 hours from Baltimore you have: DC (nearly 700k), Philadelphia (1.6 million). Baltimore City and County combined is nearly 1.5m. I can go on if you go 3 hours out.

    Official census data on Nashville shows an estimated population (as of 2022) of 684k. That's down from what they collected in 2020 (690k). To put things in perspective, the population of Baltimore County in 2020 was 854k, but in 2022 (estimated) was 846k. Both of those markets were down ~1%. Nashville isn't some panacea. It's a risk. 

    Nashville is growing by leaps and bounds. People actually want to live there, unlike Baltimore City. The "metro" is up over 7% in the past 4 years. Baltimore metro has basically been flat for 15 yrs. 

    Spare me including DC and Philly in the argument for why Baltimore market is bigger/better.  There aint 2.4m in this metro market to draw from I don't care who says there is. That is nonsense unless you fudge the numbers. The Orioles draw from a small radius outside the city these days. Nashville's market for city and surrounding (immediate) counties would destroy the potential of Baltimore City in the long term (and arguably short term).  Because that is a market on the upswing, while Baltimore is going the opposite direction. These things matter just as much as a random population or metro area number. 

    Just look at the attendance numbers. O's on pace for 1.8m vs a 2.4m average last time the were good a decade ago. You think people aren't paying attention to those numbers, and projecting the future off of them? That is 30% short of where they were not that long ago. Those are the numbers that matter. And those numbers have been going in the wrong direction for a decade, despite the winning of the past year plus. 

    If the franchise was a free agent and you asked 50 billionaire prospective owners which city they would like to call home, 50 are saying Nashville. For good reason. As long as the petulant little child owner has nothing to do with the team anymore. 

     

    • Like 1
  18. 1 hour ago, drjohnnyfever1 said:

    What's interesting from what I've read above is that the Ravens have a contract clause for parking in that immediate area that cuts a lot of that desired land out just for that reason.  Maybe some kind of garage takes the place of that portion saving some space, but with tunnels and rail lines all over the place down there, it's gonna be tough.  But I see what they're trying to do.

    My wife is from Mass and they are doing this around Foxboro.  We meet friends there when we visit in the summer because it's central for both of us.  They are constantly developing around there - nice restaurants, sports bars, some activities, I think they even put a movie theater in.  Anyway, constant development.

    My money is on something happening with Harborplace and any available land west of there up to the stadium.  The city owned hotel that sits in the center field view loses money every year, or at least was, but it has been some time since I've seen anything on it.  A new convention center has even been floated in the past.  Complication lies to the west, opportunity lies- present opportunity, with all the Harborplace land up for redevelopment, to the east.

    I would imagine anything JA desires for the land of the Ravens lots could be transferred east.  And having any interest on anything on the water would seem far more lucrative.

    Yeah Foxboro is in the middle of f'ing nowhere. Lots of land to redevelop. Where is this vast land west of Harborplace you speak of? And this vast land to the east that the Ravens interests can be "transferred" to? LOL. 

  19. Just now, NashLumber said:

    Is that the area behind the light rail stop at Baltimore Highlands and maybe down to Hamburg St? I was looking at that today as we were railing in.  Definitely looks like an area where this kind of gentrification would displace a lot of people with limited means. If not that, there does seem to be lots of former warehouse or former factory space. The old concret ground floors and parking lots are visible on the waterfront side of the rail tracks. 

    If you start at the little park off the SW corner of the stadium and look south, there is about 4 square blocks of parking and other businesses/buildings on the other side of Russell Street.  MLK would be the northern border, Russell St East, Paca to the West, and West St would be southern border. He wants all of that. Which is preposterous. 

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