{"id":8583,"date":"2014-01-21T09:36:36","date_gmt":"2014-01-21T14:36:36","guid":{"rendered":"http:\/\/tireball.com\/nfl\/?p=8583"},"modified":"2014-01-21T09:36:36","modified_gmt":"2014-01-21T14:36:36","slug":"modells-lost-500000-on-patriots-afc-championship-gear","status":"publish","type":"post","link":"http:\/\/tireball.com\/nfl\/2014\/01\/21\/modells-lost-500000-on-patriots-afc-championship-gear\/","title":{"rendered":"Modells lost $500,000 on Patriots AFC Championship gear"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/tireball.com\/nfl\/files\/2014\/01\/Modells.jpg\" alt=\"Modells\" width=\"600\" height=\"463\" class=\"aligncenter size-full wp-image-8584\" srcset=\"http:\/\/tireball.com\/nfl\/files\/2014\/01\/Modells.jpg 600w, http:\/\/tireball.com\/nfl\/files\/2014\/01\/Modells-300x231.jpg 300w, http:\/\/tireball.com\/nfl\/files\/2014\/01\/Modells-50x38.jpg 50w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><br \/>\nEveryone wants things as soon as they come out, or even before. Modell&#8217;s was hoping to be the go to place for New England Patriots championship gear and spent $500,000 to get items.<\/p>\n<p>And then the Patriots lost to the Denver Broncos on Sunday.<\/p>\n<p>Now Modell&#8217;s is left with $500,000 worth of merchandise which will be sent to underdeveloped countries. <\/p>\n<p>CEO Mitch Modell released the following statement: <\/p>\n<p>\u201cWe took a tremendous risk, but you know what? People expect us to have the merchandise,\u201d Modell said. \u201cWe printed up everything: hats, shirts, T-shirts, novelties, pennants \u2014 you name it \u2014 for men, women, kids.\u201d<br \/>\nOf course, Modell\u2019s is one of the bigger retailers in the country so a $500K gamble isn\u2019t back breaking, but I imagine it still has to hurt.&#8221;<\/p>\n<p>It seems silly to have a bunch of gear for a team that lost but Modell&#8217;s is huge and now they have a $500,000 tax write off. Probably not the worst thing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Everyone wants things as soon as they come out, or even before. Modell&#8217;s was hoping to be the go to place for New England Patriots championship gear and spent $500,000 to get items. And then the Patriots lost to the Denver Broncos on Sunday. Now Modell&#8217;s is left with $500,000 worth of merchandise which will [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8584,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[425],"tags":[],"coauthors":[4],"class_list":["post-8583","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news"],"_links":{"self":[{"href":"http:\/\/tireball.com\/nfl\/wp-json\/wp\/v2\/posts\/8583","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/tireball.com\/nfl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/tireball.com\/nfl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/tireball.com\/nfl\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/tireball.com\/nfl\/wp-json\/wp\/v2\/comments?post=8583"}],"version-history":[{"count":0,"href":"http:\/\/tireball.com\/nfl\/wp-json\/wp\/v2\/posts\/8583\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/tireball.com\/nfl\/wp-json\/wp\/v2\/media\/8584"}],"wp:attachment":[{"href":"http:\/\/tireball.com\/nfl\/wp-json\/wp\/v2\/media?parent=8583"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/tireball.com\/nfl\/wp-json\/wp\/v2\/categories?post=8583"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/tireball.com\/nfl\/wp-json\/wp\/v2\/tags?post=8583"},{"taxonomy":"author","embeddable":true,"href":"http:\/\/tireball.com\/nfl\/wp-json\/wp\/v2\/coauthors?post=8583"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}