herman
Well-known member
CarltonTheBear said:https://twitter.com/soshnick/status/1668599774646358018
Why?
Is a portion of that one of Eugene's daughters' tax bill?
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CarltonTheBear said:https://twitter.com/soshnick/status/1668599774646358018
Why?
CarltonTheBear said:https://twitter.com/soshnick/status/1668599774646358018
Why?
CarltonTheBear said:Why?
Nik said:CarltonTheBear said:Why?
Why not? It's basically an idiot proof business model. Either he gets an absolute sweetheart of a deal on a stadium by threatening to move which makes profitability a near guarantee leading to an increase in franchise valuation or he can move, get a sweetheart stadium deal in a bigger market and reap the benefits that way. And no matter how poorly you run your club, you get rewarded with high draft picks.
For all the talk of the Walton or Ballmer franchise buys being bad value, I'm still waiting for a team to be sold at a lower price than what it was purchased for.
Significantly Insignificant said:Nik said:CarltonTheBear said:Why?
Why not? It's basically an idiot proof business model. Either he gets an absolute sweetheart of a deal on a stadium by threatening to move which makes profitability a near guarantee leading to an increase in franchise valuation or he can move, get a sweetheart stadium deal in a bigger market and reap the benefits that way. And no matter how poorly you run your club, you get rewarded with high draft picks.
For all the talk of the Walton or Ballmer franchise buys being bad value, I'm still waiting for a team to be sold at a lower price than what it was purchased for.
Melnyk bought the team for around $100 million. Pretty good return on investment 20 some years later.
The Washington Commanders deal is crazy. Snyder bought them for $89 million in the late 80's and sold for $6 billion.
Nik said:The real crazy thing to think about is the value of some of the premium sports teams out there. Jerry Jones bought the Cowboys for 140 million. Now? Who the heck knows. We have no real way of knowing what the Cowboys or Lakers or Yankees might sell for.
Arn said:Nik said:The real crazy thing to think about is the value of some of the premium sports teams out there. Jerry Jones bought the Cowboys for 140 million. Now? Who the heck knows. We have no real way of knowing what the Cowboys or Lakers or Yankees might sell for.
Even in hockey terms, if Ottawa are worth that, what of the likes of Leafs, Montreal, Rangers etc
Nik said:Significantly Insignificant said:Nik said:CarltonTheBear said:Why?
Why not? It's basically an idiot proof business model. Either he gets an absolute sweetheart of a deal on a stadium by threatening to move which makes profitability a near guarantee leading to an increase in franchise valuation or he can move, get a sweetheart stadium deal in a bigger market and reap the benefits that way. And no matter how poorly you run your club, you get rewarded with high draft picks.
For all the talk of the Walton or Ballmer franchise buys being bad value, I'm still waiting for a team to be sold at a lower price than what it was purchased for.
Melnyk bought the team for around $100 million. Pretty good return on investment 20 some years later.
The Washington Commanders deal is crazy. Snyder bought them for $89 million in the late 80's and sold for $6 billion.
That's not quite true re: Snyder. He bought them for 800 million in 1999 but the point still stands for the most part. I mean, he ran that team about as poorly as it's possible to run a team with effectively no on-field success and being accused of everything from racism to sexual misconduct and it was still wildly profitable for him.
The real crazy thing to think about is the value of some of the premium sports teams out there. Jerry Jones bought the Cowboys for 140 million. Now? Who the heck knows. We have no real way of knowing what the Cowboys or Lakers or Yankees might sell for.
herman said:I honestly can't tell if he's doing a bit, or if it's actual reporting.
herman said:https://twitter.com/tspsimmerdown/status/1800990157404844130
CarltonTheBear said:herman said:https://twitter.com/tspsimmerdown/status/1800990157404844130
https://twitter.com/TSPSimmerDown/status/1806062252895678651
Ok, ok, we may have fallen for one of his hilarious pranks here.
CarltonTheBear said:Ok, ok, we may have fallen for one of his hilarious pranks here.
bustaheims said:CarltonTheBear said:Ok, ok, we may have fallen for one of his hilarious pranks here.
Wait. People thought that was serious? They may have to use personal devices instead of those provided by the team, but they?re not that far behind technologically. It?s everything else where they?re a decade behind.