The Maloof's Carl's Jr. commercial revisited

#1
I was talking to a friend about that commercial and I couldn't remember how much they were charging for that combo in the Palms. So I looked it up and came upon the press release on Carl's Jr. website. After reading that the combo was $6,000, I kept reading and seen something that made me pause.

New Carl's Jr. and Hardee's Commercial Features $6,000 Combo Meal Available Exclusively at the Palms

Oct 16, 2006
Casino Owners the Maloof Brothers Nosh on The Six Dollar Burgerâ„¢ in New Ad Spot
CARPINTERIA, Calif., Oct. 16 -- Sister hamburger chains Carl's Jr. and Hardee's (CKE Restaurants, Inc.; NYSE: CKR) go all out when it comes to serving juicy, delicious hamburgers to young, hungry guys, and their latest commercial promises a major pay-off as well: The $6,000 Combo Meal offered exclusively at the Palms Casino Resort in Las Vegas.
The 30-second spot -- shot over one day at the Mint High Limit Lounge inside the Palms Casino Resort -- features no ordinary band of brothers enjoying no ordinary hamburger. Joe, Gavin, George Jr. and Phil Maloof have made a name for themselves as the savvy owners of the NBA's Sacramento Kings and Sin City hotspot Palms Casino Resort, the new site of the Playboy Club. Having a net worth of $1 billion means they can enjoy the finer things in life, and the commercial shows just that: good company, good wine, and delicious burgers from Carl's Jr. and Hardee's.
It turns out that a 24-year-old bottle of French Bordeaux pairs nicely with Angus beef, fresh produce, melted American cheese and a fresh, sesame seed bun. The Carl's Jr. and Hardee's signature Six Dollar Burger now makes its debut on the Palms room service menu with French fries and a $6,000 bottle of Bordeaux. It's burgers, Palms-style, with The $6,000 Combo Meal.
http://www.carlsjr.com/company/rele...combo-meal-available-exclusively-at-the-palms
Wow. So, back in 2006 they had a net worth of $1 billion and now 7 years later they can't really afford to keep the Kings. Their father must be rolling over in his grave.
 
#2
I was talking to a friend about that commercial and I couldn't remember how much they were charging for that combo in the Palms. So I looked it up and came upon the press release on Carl's Jr. website. After reading that the combo was $6,000, I kept reading and seen something that made me pause.



Wow. So, back in 2006 they had a net worth of $1 billion and now 7 years later they can't really afford to keep the Kings. Their father must be rolling over in his grave.
Yep they spent it on liquor, skanks and hamburgers. Not that there's anything wrong with that - it's as good a way to spend money as any. But they didn't have to spend ALL OF IT lol.
 

pdxKingsFan

So Ordinary That It's Truly Quite Extraordinary
Staff member
#5
Wow. So, back in 2006 they had a net worth of $1 billion and now 7 years later they can't really afford to keep the Kings. Their father must be rolling over in his grave.
They borrowed half a billion to expand the Palms, which was built on the cheap in 2001-2002, including the Playboy Club, and then the real estate market crashed. The gaming market crashed too, so it was a double whammy in Las Vegas.

Really they should have seen it coming but they thought the good times would go on forever.

I suspect they may still be worth more than they were when their dad died, fact is the rich got richer exponentially over the last 30 years. They're "broke" but they will never want for anything.
 
#6
They borrowed half a billion to expand the Palms, which was built on the cheap in 2001-2002, including the Playboy Club, and then the real estate market crashed. The gaming market crashed too, so it was a double whammy in Las Vegas.

Really they should have seen it coming but they thought the good times would go on forever.

I suspect they may still be worth more than they were when their dad died, fact is the rich got richer exponentially over the last 30 years. They're "broke" but they will never want for anything.
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