Lively/Baldoni Lawsuit Part 2

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’ve seen two blinds this week that insinuate Blake and Ryan are thinking about suing their attorneys for malpractice. They probably owe them millions. If it turns out to true, start popping the popcorn, because this thread will live on.

I've always wondered how deep are ryan reynolds pockets ? I mean, mint mobile and aviation gin ( which he never outright owned and was/is only a paid spokesperson with a tiny equity stake ) can't possibly make him F*ck you money . Deadpool is a money maker but still....between taxes,agent fees and their own lifestyle, how much is he really left with? Their quest to humiliate Baldoni will live them with long lasting effects.

I agree with this. Their net worth of 400 million has felt exaggerated. I’m sure they have over a 100 million but I really wonder about much more than that.

We saw from the trial how pricey their lifestyle was. They had two nannies when they still had 3 three children so I imagine now they probably have three and it seemed like several housekeepers and lots of assistants, drivers, security. Obviously lots of PR people and lawyers even before this trial.

And I was surprised to find out they have two New York penthouses within five minutes of each other identically decorated. Sounds odd and expensive. at one point in his testimony, Baldoni referenced “the apartments” and it got a lot of chatter on Reddit and people were confused. And then later an interior designer came out and said she’s worked on both apartments and they have them be identical.

What the heck is that about?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’ve seen two blinds this week that insinuate Blake and Ryan are thinking about suing their attorneys for malpractice. They probably owe them millions. If it turns out to true, start popping the popcorn, because this thread will live on.

I've always wondered how deep are ryan reynolds pockets ? I mean, mint mobile and aviation gin ( which he never outright owned and was/is only a paid spokesperson with a tiny equity stake ) can't possibly make him F*ck you money . Deadpool is a money maker but still....between taxes,agent fees and their own lifestyle, how much is he really left with? Their quest to humiliate Baldoni will live them with long lasting effects.

I agree with this. Their net worth of 400 million has felt exaggerated. I’m sure they have over a 100 million but I really wonder about much more than that.

We saw from the trial how pricey their lifestyle was. They had two nannies when they still had 3 three children so I imagine now they probably have three and it seemed like several housekeepers and lots of assistants, drivers, security. Obviously lots of PR people and lawyers even before this trial.

And I was surprised to find out they have two New York penthouses within five minutes of each other identically decorated. Sounds odd and expensive. at one point in his testimony, Baldoni referenced “the apartments” and it got a lot of chatter on Reddit and people were confused. And then later an interior designer came out and said she’s worked on both apartments and they have them be identical.

What the heck is that about?

I’m sure you can go dig it up. But yes, it’s crazy. I remember when Baldoni’s testimony came out and people were like. Is that a typo, there’s a two apartments, but he referenced them a couple of times.

And then, yeah, I think two or three months ago this interior designer came out and said she has designed two identical apartments for them five minutes away. Of course there was immediate speculation that they live separately blah blah blah. I’m sure they don’t. But I also didn’t think they have the straightforward normal marriage. They want us all to believe they have. The truth is probably somewhere in the middle, but it is strange.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’ve seen two blinds this week that insinuate Blake and Ryan are thinking about suing their attorneys for malpractice. They probably owe them millions. If it turns out to true, start popping the popcorn, because this thread will live on.

I've always wondered how deep are ryan reynolds pockets ? I mean, mint mobile and aviation gin ( which he never outright owned and was/is only a paid spokesperson with a tiny equity stake ) can't possibly make him F*ck you money . Deadpool is a money maker but still....between taxes,agent fees and their own lifestyle, how much is he really left with? Their quest to humiliate Baldoni will live them with long lasting effects.

I agree with this. Their net worth of 400 million has felt exaggerated. I’m sure they have over a 100 million but I really wonder about much more than that.

We saw from the trial how pricey their lifestyle was. They had two nannies when they still had 3 three children so I imagine now they probably have three and it seemed like several housekeepers and lots of assistants, drivers, security. Obviously lots of PR people and lawyers even before this trial.

And I was surprised to find out they have two New York penthouses within five minutes of each other identically decorated. Sounds odd and expensive. at one point in his testimony, Baldoni referenced “the apartments” and it got a lot of chatter on Reddit and people were confused. And then later an interior designer came out and said she’s worked on both apartments and they have them be identical.

The thing about wealthy people and money is that it's always exaggerated and/or much more complicated. This is true for Lively, Reynolds, Baldoni, even Sarowitz (though I'm sure he legitimately is richer than the rest of them and is in fact a billionaire, but I think what that means is much more complicated than what normal people think it means).

Once people have a certain amount of money, they are not operating with an "income" mentality. They aren't even necessarily operating on the premise of "how much do my investments generate." Instead, they are looking at assets and leverage. Very wealthy people are often borrowing a lot of their money, which sounds crazy, but because they can borrow against substantial assets, this is usually the smartest way to arrange your finances. So estimating net worth is confusing because you are looking at valuation of assets (which can be variable), not just adding up how much Reynolds and lively earned making certain movies or what you think Ryan's "paycheck" is from a company like Mint Mobile.

They are not paying mortgages on those NY apartments the way a regular person (even a relatively rich regular person, like a lawyer making 800k or something) would. The apartments are long term investments and they have likely been set up to maximize potential earnings, even as I'm sure they are also spending money to make them nice, comfortable homes for themselves. I believe they also have a home upstate, I'm assuming they own at least something in LA, plus they just bought this home in London. Real estate is often the first way that Hollywood celebrities start to turn their actual paychecks into real wealth, because often (not always!) they can increase the value of a piece of property just by living there. It's any easy way to invest say a 7-10m payday from a movie and get decent ROI without having to do much.

But most of Reynold's assets likely coming his holdings of companies. He has sold two major companies already (Mint Mobile, sold to T-Mobile, and Aviation Gin, but I'm sure maintains minority interests in both. The one company he I think owns outright or is majority stakeholder in is Maximum Effort, which has a really diversified portfolio. ME has likely taking a hit due to the lawsuit but maybe less than people think because so much of what it does is under the radar, marketing and production work that people don't even realize is associated with Reynolds and thus Lively. Wrexham is a money loser but obviously a passion project for him, but he also has shares in an F1 team that I think is profitable. Plus you have to assume he's been investing profits from the major stake sales in recent years plus paydays for Deadpool and his other movies.

Does that add up to a "net worth" of 400m? It will depend on who you ask and on what day. The richer you are, the more your net worth can fluctuate (think of Zuckerberg "losing" billions on a bad market day for Meta). Ryan Reynolds is very rich in a real sense, in a market that benefits the wealthy. He's a lot richer than Baldoni and nowhere near as rich as Sarowitz. That's really all we can say.

I'll also note that the estimated costs of this litigation are wildly exaggerated. I know it thrills people to imagine that Ryan Reynolds spent 30m on litigation that Blake hasn't gotten anything out of, and to then subtract 30m from 400m, and think "Reynold's lost 7.5% of his net worth on this boondoggle!" That feels satisfying but is a poor person's way of thinking about money. The litigation didn't cost him 30m, and it doesn't get subtracted from his net worth estimate like a line item on your checking account.


He was rich before and is still rich. The lawsuit cost a lot of money and yet will not actually impact their lifestyle likely at all, beyond the misery it has almost certainly induced.

I mean, I think all of us get how this works. I don’t think anyone is saying they had 400 million and then subtract 30 m. but it’s also true that when you are this wealthy not all of it is liquid. It’s great that Ryan owns a stake in this and that but there’s also something he’s involved in that is looking to go public soon and this lawsuit, its been speculated has majorly tanked the value of that. The problem is that even though his portfolio was very diversified, a lot of it is tied up in the fact that people like Ryan and that he’s a trusted entity and he’s very relatable. This is really put a major question on the future of that.

The only point people are trying to make is the reynolds don’t have enough money that they can afford not to be hurt by their reputation tanking and bleeding millions of legal fees in crisis comms.

The other fact of the matter is Ryan likes power, he likes to be the center of the things. This has really hurt that because he just isn’t the commodity that he used to be. Some of that would’ve happened naturally anyway. Deadpool is over and he’s getting too old to play a romcom leading man. But it happened suddenly and on in expedited timeline.

I don’t think people realize that Justin Baldoni is the son of a billionaire either. That doesn’t get talked about a lot, but Sam Baldoni literally was one of the founders of the first product placement companies. He’s made tons of money off of that. It’s never JUST about money for these people. It’s about their reputation. Even if Justin got no money from his parents, he easily made 35 or 37 million or something off this movie - he and his wife and two kids could easily just afford to move to Nashville and never work again and live a great life, but it wasn’t about that was it? It isn’t about that for Ryan either.

Being able to do the things they love on their terms is what seems to motivate both men.

[Anonymous]

That's all fine but then I see people on here predicting Ryan will have to declare bankruptcy over this and it strikes me as very naive. I think people let their feelings cloud reality a lot and start imagining a little revenge fantasy. It's not realistic. They are totally fine financially and, like Justin, will have no issues moving on and living a much nice life than the rest of us even after all this. Even if neither of them ever gets another role again (which is unlikely, people absolutely forget about stuff like this and move on, even if it's in a different capacity than before, they will both likely work in entertainment again, as will Justin).

I think people are looking for absolute winners and losers in this case and there won't really be any. They all kind of lost (some more than others), and yet they will all continue to be very wealthy. It's unsatisfying but true.

[Anonymous]

Anonymous wrote:I’ve seen two blinds this week that insinuate Blake and Ryan are thinking about suing their attorneys for malpractice. They probably owe them millions. If it turns out to true, start popping the popcorn, because this thread will live on.

Blake & Ryan: You mean, we have to pay for our mess? B-b-but you attorneys said we might win a lawsuit or studio insurance companies would pay for everything?

Attorneys: We made no such guarantee.



Ryan is going to be doing late night timeshare and reverse mortgage commercials to pay off this debt.

[Anonymous]

Anonymous wrote:That's all fine but then I see people on here predicting Ryan will have to declare bankruptcy over this and it strikes me as very naive. I think people let their feelings cloud reality a lot and start imagining a little revenge fantasy. It's not realistic. They are totally fine financially and, like Justin, will have no issues moving on and living a much nice life than the rest of us even after all this. Even if neither of them ever gets another role again (which is unlikely, people absolutely forget about stuff like this and move on, even if it's in a different capacity than before, they will both likely work in entertainment again, as will Justin).

I think people are looking for absolute winners and losers in this case and there won't really be any. They all kind of lost (some more than others), and yet they will all continue to be very wealthy. It's unsatisfying but true.

If you think Ryan has tens of millions in liquid cash lying around you're very naive. Ryan will likely seek a bailout from a studio or his talent agency. Then he's their indentured servant. This is what casinos would do when entertainers would get drunk and high and run up a multi-million marker. They own their ass and get them to perform for years on end paying off the debt.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’d be shocked if they actually went through and sued the attorneys. I’m sure the attorneys covered their asses to make them sign things showing them the risk?

To me these rumors sound like Ryan firing off angry emails and texts which we know he’s really good at.

Other than a retainer letter, the lawyers would not have had them sign anything. But agree it will probably end with the lawyers eating some of their fees before it gets to a lawsuit.

Are huge law firms like that in the business of doing that? I thought these people printed money hand over fist. But you mean instead of make 30 million they make 25 million? I guess I could understand that. But litigation and trials are always a risk.

Yes law firms constantly write down their fees.

[Anonymous]

Anonymous wrote:That's all fine but then I see people on here predicting Ryan will have to declare bankruptcy over this and it strikes me as very naive. I think people let their feelings cloud reality a lot and start imagining a little revenge fantasy. It's not realistic. They are totally fine financially and, like Justin, will have no issues moving on and living a much nice life than the rest of us even after all this. Even if neither of them ever gets another role again (which is unlikely, people absolutely forget about stuff like this and move on, even if it's in a different capacity than before, they will both likely work in entertainment again, as will Justin).

I think people are looking for absolute winners and losers in this case and there won't really be any. They all kind of lost (some more than others), and yet they will all continue to be very wealthy. It's unsatisfying but true.

I don’t think many of us think that Ryan and Blake are going have to sell all their assets and live in a garden apartment. That is probably is just a few extreme voices on social media.

Many of us were saying from the beginning they’d be fine. This was just such a waste. Not just of money but of time. If they had let this go in August 2024, we would be barreling toward two years being past this, no doubt there would be headlines filled with girl dinners with Taylor and another Super Bowl visit when she was at her peak.

Instead, we’re still getting daily headlines and not good ones. Things will start to slow down, but we’ve still got the Jones work Jen Abel thing going on so it will still generate headlines and press. Media will use Blake’s name to get those headlines.

Further, we now have Justin doing a documentary and it book. Will everyone flock to that? No, but it will generate more headlines and digital creator and podcast coverage down the road.

Bottom line. They should have just let this go.

[Anonymous]

Whatever they have spent on legal fees, they also are spending millions on pr. And will continue to do so. That former Amazon social media guy doesn’t come cheap and their pr people obviously plant many stories in legacy media.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’d be shocked if they actually went through and sued the attorneys. I’m sure the attorneys covered their asses to make them sign things showing them the risk?

To me these rumors sound like Ryan firing off angry emails and texts which we know he’s really good at.

Other than a retainer letter, the lawyers would not have had them sign anything. But agree it will probably end with the lawyers eating some of their fees before it gets to a lawsuit.

Are huge law firms like that in the business of doing that? I thought these people printed money hand over fist. But you mean instead of make 30 million they make 25 million? I guess I could understand that. But litigation and trials are always a risk.

Yes law firms constantly write down their fees.

Yup, but within limits. Many of us noted throughout the litigation that they were pursing an overly aggressive strategy that wasn’t going to pay off. They filed over a dozen motions for sanctions and then 200 subpoenas to content creators, for example. Most litigation clients are cost conscious and lawyers fine tune their approach in a way that didn’t happen here.

[Anonymous]

Anonymous wrote:Whatever they have spent on legal fees, they also are spending millions on pr. And will continue to do so. That former Amazon social media guy doesn’t come cheap and their pr people obviously plant many stories in legacy media.

Sorry former Airbnb social media guy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Btw Why does Anna Wintour love Blake Lively?

She was seated at Anna Wintour’s table at the MET ball too.

Who cares? If Harvey Weinstein wasn't in prison, he'd be at the table too.

Yes but why was Blake invited to the Met Gala and sitting at Anna’s table?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Btw Why does Anna Wintour love Blake Lively?

She was seated at Anna Wintour’s table at the MET ball too.

Who cares? If Harvey Weinstein wasn't in prison, he'd be at the table too.

Yes but why was Blake invited to the Met Gala and sitting at Anna’s table?

Because she was a co-chair several years ago so she will always have an invite.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’ve seen two blinds this week that insinuate Blake and Ryan are thinking about suing their attorneys for malpractice. They probably owe them millions. If it turns out to true, start popping the popcorn, because this thread will live on.

I've always wondered how deep are ryan reynolds pockets ? I mean, mint mobile and aviation gin ( which he never outright owned and was/is only a paid spokesperson with a tiny equity stake ) can't possibly make him F*ck you money . Deadpool is a money maker but still....between taxes,agent fees and their own lifestyle, how much is he really left with? Their quest to humiliate Baldoni will live them with long lasting effects.

I agree with this. Their net worth of 400 million has felt exaggerated. I’m sure they have over a 100 million but I really wonder about much more than that.

We saw from the trial how pricey their lifestyle was. They had two nannies when they still had 3 three children so I imagine now they probably have three and it seemed like several housekeepers and lots of assistants, drivers, security. Obviously lots of PR people and lawyers even before this trial.

And I was surprised to find out they have two New York penthouses within five minutes of each other identically decorated. Sounds odd and expensive. at one point in his testimony, Baldoni referenced “the apartments” and it got a lot of chatter on Reddit and people were confused. And then later an interior designer came out and said she’s worked on both apartments and they have them be identical.

What the heck is that about?

I’m sure you can go dig it up. But yes, it’s crazy. I remember when Baldoni’s testimony came out and people were like. Is that a typo, there’s a two apartments, but he referenced them a couple of times.

And then, yeah, I think two or three months ago this interior designer came out and said she has designed two identical apartments for them five minutes away. Of course there was immediate speculation that they live separately blah blah blah. I’m sure they don’t. But I also didn’t think they have the straightforward normal marriage. They want us all to believe they have. The truth is probably somewhere in the middle, but it is strange.

The other apartment is probably for family to stay--parents, siblings, nieces, and nephews. Identical decoration seems silly, but maybe it's so the kids aren't confused when they stay there with grandparents, an aunt, or whomever.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Btw Why does Anna Wintour love Blake Lively?

She was seated at Anna Wintour’s table at the MET ball too.

Who cares? If Harvey Weinstein wasn't in prison, he'd be at the table too.

Yes but why was Blake invited to the Met Gala and sitting at Anna’s table?

I don’t this matters as much as you think it does. Anna is old and about to hand over Vogue to Bezos/Sanchez.