This is right in that "eh... I guess that's not toooooo bad" range, where an AAV of $20MM gets you in the "what a bad deal" range. 3/54 is still in that "it won't cost us too much to dump this if we have to" territory but the "this was a great bargain" range if it works out. I'm still hoping 3/45 is the upper range, with 3/36 being more of the target... we'll see how much friendship buys you with the front office these days.

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