It does feel like Wyc is trying to thread that needle. I hope he can pull it off. The tax proceeds will come out of someone's hide. I suspect Irv/Wyc's sister don't want to swallow the majority of the tab.It always seemed like Wyc’s announced sale/Governorship control timeline was a mix of A) wanting to stay involved in the rest of the run with this core they just extended; but also B) a signal to potential bidders that he’d co to us to pay operating costs (salary and lux tax) out of the Grousbeck sale proceeds, until governorship was fully transferred in 2028.
I’m sure that timeline/delayed control will be negotiable as they evaluate bids, but Wyc might negotiate that planned sale structure against a commitment by the new ownership group to keep the cire together and pay the lux tax bills Wyc seem to want to pay through 2028.
Hope for the best, prepare for the worst.