Dave Davies dusted off a 70s holdover on stage Sunday in Chicago while promoting his latest album Decades, a collection of newly released tracks from the era. Co victories per dollar of payroll cmpares the number of wins per player payroll relative to the rest of the MLB. The owners, in all likelihood, you are less familiar with beyond their collective billionaire status. Current franchise valuation: $3.4 billion. He grew the company from $2.5 million in managed assets in 1957 to $800 billion when he retired in 2013. The company, which specializes in middle-market and emerging-growth investments, has an estimated net worth of $3 billion. December 24, 2012. Along with ET, Davis is also involved in other businesses. Playoff wins count twice as much as regular season wins. Pittsburgh Pirates chairman of the board Bob Nutting. Chairman of the board/CEO: Peter G. Angelos, Current franchise valuation: $1.4 billion. Though shortstop Corey Seager and second baseman Marcus Semien are off to slow starts to the season, the Texas Rangers say they have no regrets about signing the duo to $500 million in contracts in December as free agents. Miami Heat owner Micky Arison ($8.1. Owner since: 2006 How much he purchased the team for: $270 million How much the team is worth: $1.19 billion In 1896, Joseph John Castellini founded the Castellini Company, one of the earliest. Moreover, in February 2018, Raywas appointed to the Board of Directors of Energy Transfer. Current franchise valuation: $1.16 billion. Current franchise valuation: $2.1 billion. Mike Ilitch died in 2017, but his wife still owns the chain, which generates more than $4 billion in annual sales. At $186 million, it still would have ranked sixth, based on MLBs projected opening-day payrolls. Such events would include graduation ceremonies, weddings, birthday parties and corporate events to booking rodeos, concerts and college football games. Reflects change since 5 pm ET of prior trading day. There were early signs that owner Jim Crane could bring controversy to the club. In 1999, he sold his company, Outdoor Systems, to Infinity Broadcasting for $8.7 billion. Although he has kept himself away from the spotlight, we have gathered some information about the billionaire. How Rich Are These Big-Name NASCAR Drivers? His grandson Bob Castellini inherited the business, which is now in its fourth generation. [3] Davies told stories, cracked wise and hit upon classics from The Kinks canon Easter Sunday, wrapping up his U.S. tour at City Winery. Moreover, Ray and a group of investors bought the Texas Rangers baseball team for $593 million in 2010. He eventually bought out a company he worked for, expanded it, and then opened his own business, Liquid Investments. He is also a self-made billionaire who co-founded the natural gas distributor and pipeline company Energy Transfer. Current franchise valuation: $2.5 billion. June 16, 1998 - August 11, 2010. Current franchise valuation: $1.69 billion. Rolls-Royce collaborates with rock legends The Who's Roger Daltrey, The Kink's Ray Davies, Ronnie Wood from Rolling Stones, Status Quo's Francis Rossi, Queen and Shirley Bassey to create ultimate one-of-a-kind Wraith Inspired by British Music collectors bespoke cars. Mired in mediocrity, the Texas Rangers rolled into the 2021 season with a payroll of $94.7 million. How they made their billions: Family patriarch Charles Dolan, the brother of Larry Dolan and the uncle of Paul Dolan, was a cable television pioneer who launched Cablevision on Long Island in 1973 and sold the company to Altice for $17.7 billion in 2016. How he made his millions: Sherman, 73, co-founded the wealth-management firm Private Capital Management (PCM) in 1985. The family also owns the NHLs Detroit Red Wings. For the third year in a row, the Rangers sit 13th overall in Forbes' annual valuing of the 30 MLB clubs.According to Forbes, the Rangers are worth $1.75 billion, a six-percent increase from 2019. How he made his billions: As one of Marylands most prominent attorneys, Angelos, 92, won billions of dollars in judgments against the tobacco industry and for plaintiffs in asbestos exposure lawsuits. He served as the co-chief executive officer (CEO) and chairman for Energy Transfer Partners (ETP) and chairman of Energy Transfer Equity (ETE). Oakland Athletics managing partner John Fisher. He held numerous executive positions at ET. In addition, some ofthe hobbies of Davis areranching, bird hunting, and reading, which he might have picked up as a kid. The Richest Texans, 2018: 1. Titles won as owner: West Division (2010, 2011, 2015, 2016), American League Championship Series (2010, 2011) 8: John Fisher Oakland Athletics ($2.5 billion) Getty/Michael Zagaris Age: 58 Nationality: American Davis and Bob R. Simpson provided the majority of the $593million sale price. Fast facts: Under Crane, the Astros went from three straight 100-loss seasons from 2011-2013 to three straight 100-win seasons from 2017-2019. Stephen Curry and the Biggest Player Paychecks in the NBA. How he made his millions: In 1991 Attanasio, 64, co-founded the Los Angeles investment firm Crescent Capital Group, which now controls more than $26 billion in assets. Local revenues divided by metro population with populations in two-team markets divided in half. The Tigers enjoyed success from 2006 to 2014, with five playoff appearances and two World Series losses, but have lost 234 games the past three seasons. In March 2020, the Rangers opened . Call 254-300-7315 for leasing and showing information. Ray Davis'grandkids must be very close with him. By Mike Ozanian. On August 10, 1935, when the Texas Legislature created the Texas Department of Public Safety, the Texas Rangers and the Texas Highway Patrol became members of this agency, with statewide law enforcement jurisdiction. Ray pursued a masters degree in Business Administration at LeTourneau Universitys School of Business. Ray Davis'net worth is estimatedto be$2.3 billion, soone can assume that he must have worked very hard to be successful in life. Value of team based on current stadium deal (unless new stadium is pending) without deduction for debt. Ray Davis,an American businessman, is themajority owner, managing partner,and chairman of the Texas Rangers of Major League Baseball. shirtless jake homestead net worth Craigslist . How he made his millions: Sternberg, 63, began his Wall Street career trading equity options part-time at the American Stock Exchange while attending St. Johns University in New York. Read More: Stimulus Updates To Know for Spring 2022Cash App Borrow: How To Borrow Money on Cash App. The Gap How he made his billions: Johnson, 89, was 24 when he became CEO of Franklin Templeton Investments, a company that his father, Rupert Johnson, founded in 1947. Note: Team values are based on Forbes 2021 list. How they made their billions: Ricketts, 55, is the son of Joe Ricketts, an early online stock-trading pioneer and founder of the brokerage firm Ameritrade, which went public in 1997 and spent $2.9 billion to buy TD Waterhouse 2006. Most of Morenos net worth is tied up in the Angels, real estate and his stake in the Fox Sports West network. Average franchise values are up nearly nine-fold since 1998, or 11% compounded annually, to $1.85 billion. How he made his billions: DeWitt, 80, is a founder of the investment firm Reynolds, DeWitt & Co., which owns 63 Arbys franchises and whose value has been estimated at $50.4 billion; and the U.S. Fast facts: A former minority owner of the Rangers and Orioles, Castellini said at an introductory news conference in 2006 that he was buying the Reds to win. "These players represent our future and clearly our decision to not pay them was a mistake. Here's another team where Manny Machado could land with, however unlikely that may seem. Owner of the Texas Rangers (1974-1980) Bradford Gary Corbett (October 15, 1937 - December 24, 2012) was the owner of the Texas Rangers of Major League Baseball 's American League from 1974 to 1980. I never walked into this with the concept of trying to act like George, trying to be everything that George was, because I cant. Ray Davis Net Worth: Ray Davis is an American businessman who has a net worth of $3.1 billion. Current franchise valuation: $3.2 billion. The Houston Astros are at the center of baseball's biggest scandal since the steroid era. Indeed, roughly three-quarters of the games primary owners have net worths north of 10 figures, including two with net worths north of 11 figures, and all but two of them have seen their franchise values appreciate since their purchases, often extraordinarily. Sign up for our daily newsletter for the latest financial news and trending topics. While Sherman is the controlling owner of the team, Jeter was the clubs CEO and ran day-to-day operation of the Marlins before parting ways with the team Feb. 28. But seeing his achievements, there is no doubt thatRay Davis'parents were proud of him. Additionally, Energy Transfer Partners says the 1,172-mile pipeline could transport 500,000 barrels of oil daily. The 94-year-old Lerner passed daily control of the franchise to his son, Mark, in 2018, the year before the Nats won the first World Series in franchise history. Simpson sold XTO Energy to ExxonMobil for $41 billion in 2010. . He has a net worth of $1 billion, according to Forbes. San Francisco Giants owner Charles Johnson. Portion of franchise's value attributable to its city and market size. Miami Marlins principal owner Bruce Sherman. Ray pursueda master's degreeinBusiness Administration atLeTourneau University's School of Business. George W. Bush/Edward W. Rose Partnership (J. Thomas Schieffer succeeded Bush as General Partner in November, 1994) March 18, 1989 - June 16, 1998. Rankin, the famed British photographer filmmaker has captured the spirit of the new, young and rebellious Rolls-Royce Phantom customer with a unique film, staring Game of Thrones starGwendoline Christie. Arizona Diamondbacks managing general partner Ken Kendrick, John C. Malone, chairman of Liberty Media Group. New York Yankees managing general partner Hal Steinbrenner. In Major League Baseball, teams compete for the Commissioners Trophy, which is awarded to the winner of the World Series each fall. Fast facts: Middleton, who replaced David Montgomery as the teams controlling owner in 2016, wasnt kidding when, two years later, he said that the Phillies would spend money, and maybe even be a little bit stupid about it. The following March, Philadelphia signed free-agent outfielder Bryce Harper to a 13-year, $330-million deal. A native of East Lyme, Conn., and a graduate of Cal State Fullerton, he began writing for The Times in 1981. The Texas Rangers Major League Baseball (MLB) franchise was established in 1961 as the Washington Senators, an expansion team awarded to Washington, D.C., after the old Washington Senators team of the American League moved to Minnesota and became the Twins. Reports are that the ownership group is comprised of 18 people, and the significant chunk of the money is being provided by the chairman of XTO Energy (just sold to Exxon Mobil for $41 billion) Bob Simpson and billionaire Ray Davis, the retired CEO of Dallas-based Energy Transfer Partners. But Crane was heavily criticized in February 2020 for his tone-deaf comments in the wake of Houstons cheating scandal, when he said stealing signs didnt impact the game., Current franchise valuation: $1.06 billion. Owners counter that the agreement was based on there being fans in the seats, and cash losses could reach as high as $100 million per team if forced to pay players their full pro-rated salaries, according to their calculations. Fast facts: Malone is the largest landowner in the U.S., with some 2.1 million acres of properties. In 2019, Ray Davis was enlisted in Forbes 400 top billionaires list. Peter Angelos is a lawyer who rose to prominence as the lead attorney in Marylands litigation war on the tobacco industry. Forbes pegs the familys net worth at $4.5 billion. , respectively. 10. Fast facts: Pohlad, who studied accounting at USC and is a CPA, is the public face of the franchise, an owner who is accessible to fans and the media and often interacts with both. As a result, it is unclear if any of Ray's offspring followed in his footsteps. Harrell Edmonds "Eddie" Chiles (May 11, 1910 - August 22, 1993) was the founder of the Western Company of North America and an owner of the Texas Rangers.He was also the paternal uncle of actress Lois Chiles.. Eddie Chiles was born in Itasca, Texas to Harsh Edmonds Chiles and Jewell Files. He reportedly played four different sports as a high school student and then attended LeTourneau College in Longview in the mid-1960s on scholarship. A collector of significant sports memorabilia, Kendrick and several partners own a company that authenticates and grades coins and other collectibles. Moreover,Ray and a group of investors bought the Texas Rangers baseball team for $593 million in 2010. Current franchise valuation: $1.26 billion. In 1856, his great-great-grandfather founded a small retail tobacco operation called John Middleton Inc., which would go on to create the Black & Mild cigar brand in 1980. As Paul Beeston, a former executive of the Toronto Blue Jays who also served as COO and president of MLB, boasted in the late 1970s, "I can turn a $4 million profit into a $2 million loss and get every national accounting firm to agree with me." The company finished work on the controversial 1,172-mile, $3.8-billion Dakota Access Pipeline in 2017. Fast facts: After graduating with an economics degree from the Wharton School at the University of Pennsylvania in 1978, Cohen got a Wall Street job as a junior trader. Sherman remained at the helm of the firm, whose assets grew to around $30 billion by 2005 before losing $2.4 billion in the 2008 financial collapse. Spending millions on massive contracts, the Texas Rangers have signed four very dynamic free-agent players to bolster their roster. Fast facts: Johnson, a Yale graduate, is one of the largest donors to Republican and Tea-Party backed political campaigns, and in 2018, he and his wife, Ann, were criticized for donating $16,2000 to the U.S. Senate campaign of Mississippi Republican Cindy Hyde-Smith, who made controversial comments to a local rancher about a public hanging. Johnson relinquished control of the team in 2019 to his son, Greg Johnson. Aerin Lauder's Husband Eric Zinterhofer - Career And The Pair's Relationship, Ronald Lauder's Wife Jo Carole Lauder Is An Art Enthusiast, Aerin Lauder Biography 2023 - American Businesswoman, Ethel Cain Biography 2023 - American Singer-Songwriter. Paul was a partner in an Ohio-based law firm before joining the team as vice president and general counsel in 2000, eventually promoted to the club president. In 1995,Ray Davis and fellow billionaire Kelcy Warren founded the natural gas distributor and pipeline company Energy Transfer (ET). Forbes puts his net worth at $17.4 billion. With these figures, GOBankingRates used Forbes Real Time Billionaire list and CelebrityNetWorth.com to find each owners (5) net worth as of April 20, 2022. Current franchise valuation: $1.76 billion. A low-profile pipeline mogul, Ray Davis is now best known as the co-owner of the Texas Rangers . All Rights Reserved. Furthermore, Ray had also worked as the co-chief executive officer and chairman for Energy Transfer Partners. Adrian Beltre, who retired Tuesday, has the second-most games played (2,759) by a third baseman in Major League Baseball history and ranks eighth in at-bats (11,068) and 14th in overall games played (2,933). In 2017, despite protests by the Standing Rock Sioux tribe, Energy Transfer finished building the $3.8 billion Dakota Access Pipeline. Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. John Fisher, who owns the Oakland As and is worth $2.2 billion, came under fire in late May when his team announced the end of $400-a-week stipends for minor league players, a total tab of roughly $1 million for the rest of the year. [1][2] He remained with the company as a director and operates Avatar Investments LP, a Dallas-based investment firm. Toronto Blue Jays chairman Edward S. Rogers III. Estimated Career EarningsYearSalarySigning Bonus2019$529,726-2020$217,407-2021$2,000,000-Est. This morning Umpqua Holdings (UMPQ) announced its quarterly dividend of 15 cents per share, an increase of about 50% over its prior dividend in March of 10 cents. How he made his billions: Reinsdorf, 86, developed a specialty in real estate partnership tax shelters and in 1973 formed the Balcor Company, which he sold to American Express for $102 million in 1982. 2. After graduating from Wentworth Military Academy in Lexington, Missouri, he worked as an oil patch . In 2010, he rebuffed an attempt by D Magazine to get a comment on his purchase of the Rangers, saying that he doesn't grant interviews. The true modern-day Ranger came into being on September 1, 1935. In addition, some of the hobbies of Davis are ranching, bird hunting, and reading, which he might have picked up as a kid. Angels: Arturo . Is NBC's 'Animal Practice' The Most Hated Show On Television? [1] Corbett was born in the Bronx in 1937. The former first-round draft pick of the Mets awaits his next stop of his professional baseball career. He also is the chairman of Nutting Co., a holding company that operates three ski resorts outside of Pittsburgh. Washington Nationals principal owner Ted Lerner. Ray Davis'wife, Linda Davis, has not appeared in any public events with him. Fast fact: The low-budget Rays have baseballs fifth-best record (1,041-904) and made five trips to the playoffs in the last 12 years after going a major league-worst 645-972 in their first decade. Henrys sports empire also touches soccer (Liverpool), Nascar (Roush Fenway Racing) and TV (NESN). John Fishers parents, Donald and Doris Fisher, founded the retail clothing giant Gap, whose board of directors he sits on today. How he made his billions: Henry, 72, started trading corn and soybean futures in his early 20s. The Texas Rangers are the oldest law enforcement organization on . NBC's abrupt cut-away from the London Olympics Closing Ceremonies last night, which bumped performances by Muse, Ray Davies of The Kinks, The Who, left millions of frustrated viewers forced to watch [], Master of Business Administration, LeTourneau University's School of Business. For Henry, the Sox are just one part of a sprawling sports empire, which he built after amassing a fortune in the early 1980s, thanks to his trading firm J.W. Thomas O. Hicks. Moreover, he founded his personal investment company, Avatar Investments, and currently serves as the CEO and chairman. Local revenues divided by metro population with populations in two-team markets divided in half. for $2.9 billion in cash in 2007. For the wealthiest people in the world, however, the ultimate trophy is the team itself. It has been an even better run for owners, thanks to the massive influx of money from regional sports networks. Owner/chairman and CEO: Richard L. Monfort, Purchase price: $190 million (1993 expansion fee), Current franchise valuation: $1.3 billion. Current franchise valuation: $2.03 billion. In 1991, Davis tried his luck as CEO of publicly-traded dental supplies distributor Healthco, but the company filed for bankruptcy in 1993. How he made his millions: Kendrick, 78, founded Datatel Inc., a company that specializes in information processing and software products for higher education. Even though Davis has kept his distance from the press, there is no doubt that he has gained fame and money through his successful businesses. How he made his millions: Seidler, 61, is the managing partner of Seidler Equity Partners, a Marina del Rey-based private equity firm that he founded in 1992. Reinsdorf is one of MLB's longest-tenured and most influential owners. Chairman and principal owner: Bruce Sherman, Current franchise valuation: $990 million. In addition, we wish Ray Davis all the best for his upcoming future. He made the best investment in baseball, buying the team for $8.8 million, which translates to about $58 million today. That doesnt include teams like the Toronto Blue Jays and Atlanta Braves, who are owned by media giants Rogers Communications and Liberty Media "John has accomplished a great deal in his 17 years as general manager," he said. Besides, who knows, one of them might get inspired by their grandfather to become a successful businessman like him. But it is unclear if he completed his studies. Baltimore Orioles principal owner Peter G. Angelos. Davis stepped down as co-CEO in 2007 but still owns 6% of its shares. tv: Bally Sports Southwest; radio: 105.3 The Fan, Last summer the Rangers began using Rev Entertainment to drive non-baseball event revenue at their new ballpark, Globe Life Field, which opened for the 2021 season. 7. As a result, it is unclear if any of Rays offspring followed in his footsteps. Cleveland Guardians president and controlling owner Paul Dolan. Cross Timbers is focused on conventional oil and gas exploration and production onshore in America. Larson is a retired Microsoft executive. And so is his brother, Aaron Norris. Middleton owns nearly 50% of the Phillies and is the teams managing partner. Anything else is unacceptable. The Reds won division titles in 2010 and 2012 and have finished third in the NL Central the last two seasons. How he made his billions: Nutting, 59, is the president and CEO of Ogden Newspapers, a publisher of more than 40 newspapers and media outlets most of them in small markets that was started by his great-grandfather, H.C. Ogden, in 1890. Previously, Mr. Simpson was Chairman of the Board and Founder of XTO Energy Inc. Hence, there is no doubt that the self-made billionaire has lived a life of luxury. Image Source: Social Media. The firm grew to $4.4 billion in assets under management in 1999 and was sold to Legg Mason for $1.4 billion in 2001. Besides, there is also no confirmation about his birthplace. Moreover, there is no information about how long the couple has been married. Co victories per dollar of payroll cmpares the number of wins per player payroll relative to the rest of the MLB. MO Davis and his wife reside in a ranch in Denison, which includes a newly built, 5,686-square-foot main house worth $2.2 million. With an estimated net worth of $3.6 billion, Vietnam veteran Arturo Moreno spends much of his fortune on philanthropy. mentioned in the article. MLB players you know: their names, their faces, their salaries, their portrayal by the leagues owners and a fair number of fans during labor disputes and work stoppages as a collection of ingrate millionaires. Los Angeles Angels owner Arte Moreno shakes hands of Mike Trout during a press conference after [+] agreeing to a $426.5 million contract extension for the three-time MVP. Mark Attanasio is the principal owner of the Brewers, but he made his money in, well, the money business. How much are the Texas Rangers worth? How he made his billions: Fisher, 60, is the son of Donald and Doris Fisher, who founded the retail clothing giant Gap Inc. in 1969. In April, Mark Lerner told The Washington Post that the owners could explore selling the team or bringing in additional investors. His son, Greg, was approved by MLB in November as the teams day-to-day control person. The company reportedly has an annual revenue of $1.16 million which has benefitted Rays fortune. Davis and fellow billionaire Kelcy Warren founded natural gas distributor and pipeline company Energy Transfer ET in 1995 and built it into a giant . Owners/Co-chairmen: . He joined with Peter OMalley and brewing industry magnate Ron Fowler to form the OMalley Group, which purchased the Padres from John Moores in 2012. These offers do not represent all available deposit, investment, loan or credit products. And the adorable couple currently lives in North Texas. Last month, MLB told Forbes its 30 teams made only $208 million cumulatively before interest, taxes, depreciation and amortization over the last five seasons. Hiring outstanding manager Bruce Bochy, and signing several free agent starters has given the Texas Rangers a terrific boost heading to the 2023 season. Even though Davis has kept his distance from the press, there is no doubt that he has gained fame and money through his successful businesses. Mike and Marian Ilitch founded Little Caesars Pizza in 1959. How they made their billions: Davis, 79, founded Energy Transfer, a pipeline company and natural gas distributor, in 1995. In 1985, Simpson founded Cross Timbers Oil Company and has served as Chairman of the Board since July 1, 1996. He is also a self-made billionaire who co-founded the natural gas distributor and pipeline companyEnergy Transfer. According to Celebrity Net Worth, Mark Attanasio is worth $700 million. Davis and Bob R. Simpson provided the majority of the $593 million sale price. FWONK The Pirates have consistently been in the bottom third of MLB teams in payroll, and the team, despite playing in one of baseballs most picturesque stadiums, has had only four winning seasons and three playoff appearances since 1993. Two years ago, Neil Leibman decided he wanted to add to his collection of sports teams, which included ownership stakes in the Texas Rangers' Major League Baseball franchise as well as several. How he made his billions: Stanton, 66, served as the head of several wireless companies in the 1980s and is now the chairman of Trilogy International Partners, a Bellevue, Wash.-based private equity firm that specializes in early-state wireless investments and owns and operates wireless telecommunications companies in New Zealand and Bolivia. Ray C. Davis is an American businessman. Current franchise valuation: $2.2 billion. If you Google Jim Crane today, youll find that his name is synonymous with the Astros now-infamous sign-stealing scandal, but before he owned a ball club, he was a successful businessman. The Cubs could copy that model this winter, although Xander Bogaerts is a more likely taget than Trea Turner or Carlos Correa. This is among a long list of properties that the Texas Rangers owner has invested in over the years. How Antonio Brown Achieved a Net Worth of $20 Million; What Does Cristiano Ronaldo Do for Charity? Although he has kept himself away from the spotlight, we have gathered some information about the billionaire. He led a group that paid $20 million in 1981 for a franchise now worth $1.65 billion. In 2021, the franchise had an estimated value of around 1.785 billion U.S. dollars.The Texas Rangers are owned by Ray Davis and Bob Simpson, who bought the franchise for 593 million U.S. dollars in 2010. Despite keeping most of his personal life secretive, Davis has mentioned that he is a married man. Similar to his parents, there are norecords aboutRay Davis' siblings. Davis and a group of investors bought the Texas Rangers baseball team for about $600 million in 2010; it's now worth $1.75 billion. John Stanton is worth $1.1 billion, according to Celebrity Net Worth, but Chris Larsons net worth is unknown. Principal owners. Then in the 80s, he made a second fortune when he and his investment partners bought into Chicago sports teams that were destined for greatness, including the Chicago Bulls one year after the team drafted Michael Jordan. The As have MLBs second-lowest revenueahead of only the Miami Marlinsand are in desperate need of a new stadium. . There are just more zeroes at stake now. The companys stock has doubled from its March low, adding more than $300 million to Davis worth; it is still down 27% on the year. Growing up in the shadows of Ebbets Field, Reinsdorf was in the stands the day Jackie Robinson made his debut in 1947 with the Brooklyn Dodgers, breaking the color barrier. Along with ET, Davis is also involved in other businesses. Davis and fellow billionaire Kelcy Warren founded natural gas distributor and pipeline company Energy Transfer He won Associated Press Sports Editors awards for game-story writing in 2001, feature-story writing in 2017 and breaking news in 2019. He also is the principal investor in the $9 billion Woodforest National Bank in Texas. Jerry Reinsdorf Biography - Owner of Chicago Bulls And Chicago White Sox. 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