Google Groups no longer supports new Usenet posts or subscriptions. Historical content remains viewable.
Dismiss

the raiders move, nfl franchise valuations, and the concept of nfl teams as private businesses....

41 views
Skip to first unread message

michael anderson

unread,
Mar 27, 2017, 12:50:54 PM3/27/17
to

it's become something of a joke at this point.

MOST of the value in an nfl franchise now is tied up in one thing:

the willingness of cities/counties to hand them hundreds upon hundreds of millions of dollars every two decades or so. Thats where MOST of the value is.

If every 20 years someone is going to give you 600 million or so cash for free, of course your business is going to be worth a shitton.

It's a joke.

look at the raiders...they'd be crazy not to take the 750 million and move to Vegas. Thats 750 million dollars in cold hard cash that taxpayers are giving them.

The nfl isn't a business in any real sense of the word anymore. It's just a vehicle whereby rich men can raid city and county coffers to become much richer. And the worth of their asset is dependent on that ability.

xyzzy

unread,
Mar 27, 2017, 1:01:40 PM3/27/17
to
When mia's right, he's right.

GrtArtiste

unread,
Mar 27, 2017, 2:48:10 PM3/27/17
to
On 3/27/2017 12:50 PM, michael anderson wrote:
> the willingness of THE CITIZENS to hand them hundreds upon hundreds of millions of dollars every two decades or so. Thats where MOST of the value is.

IFYPFY

GrtArtiste

dnrapp

unread,
Mar 27, 2017, 9:34:50 PM3/27/17
to
Vegas taxpayers aren't really giving the Raiders any money. The $750mil will come for a new hotel tax. And the money is not going to the Raiders it is going to be Vegas share of the money to build a stadium, that the Raiders will share with UNLV. They have not announced who will control the stadium bookings, that is part of the reason why the casino guy bailed for his part of the deal.
0 new messages