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Mr. WEO

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Everything posted by Mr. WEO

  1. Well the big splash of V Miller was certainly big. Adding Philips and Lawson (2 guys they let go not long ago not a huge move (drafting their replacements has not quite worked out yet, so they had to get them back I guess), not seismic. Saffold for a year? But only 2 years ago Diggs (in his prime, for 1st round pick) was even more of a splash on all levels. Plus Addison to shore up the D. Last year they added Breida and Sanders and it seemed like a thing at the time. If they can get to the SB this year as a result of these moves, then it's all golden.....
  2. so the Bills won yet another off-season? cool.. dunked on..
  3. that was excellent
  4. Yes, so that would be the other owners, not Pegula, paying the G4 back. Players salary taxes are not new revenue for the state, yet this is a new expense for the state.. That money already goes into the general fund of the State. You can't now say.. "oh it pays for itself". That money is already spent on other things.
  5. Hochul going around saying the stadium will have an ANNUAL impact of “more than” $385 million! Wtf, lol. Shameless.
  6. Understood, but actual innocence can be proven in court, even with a not guilty verdict.
  7. Actual innocence can be proven if (it is proven) there was no crime committed or it is proven someone other than the defendant committed it.
  8. They ran out of these at his local men's shelter...
  9. folds easily too Another Off Season SB win tho...OP just said so
  10. works out with great attitude and a lots of energy? so do these guys.. say what?
  11. at $385K per catch, that's a little steep bro.
  12. Well if you want to go by "ratio", it's an even worse deal for the NY taxpayers. The second most expensive public deal was the LV Raiders just opened stadium, where the public kicked in 750 and the Raiders put up 1.1 BILLION.
  13. The most expensive public contribution for any stadium ever--by 100 million.
  14. "Pegula 350+" means ..."from the season ticket holders"
  15. Without the shared revenue, teams like the Buffalo Bills would cease to exist because they wouldn't earn that money outside of a revenue sharing agreement. So if an entity is given money it otherwise could not earn in the same business....it's free money, plain and simple. And what other of Pegula's billions has created almost another billion in wealth in 8 years? Local ratings are nice and all, but small markets bring smaller ad revenue per 30 second spot, so they aren't as valuable/generate less revenue for the networks laying out the billions for NFL broadcast rights. Those billions aren't driven by the Buffalo and Cleveland Browns. Ask any network CEO what teams they would rather have at the top of their divisions and go deep every year into the playoffs... The Browns may recently be putting in some money, but no one can be bad for the decades they have been by ineptitude alone.
  16. As I have stated several times already, the 1.4 billion initial investment will have doubled in less than 10 years. Why haven't taken that into account? The annual profit is just a nice dividend on his initial investment--with zero risk. If I had billions I would jump at the chance to buy the least expensive NFL franchise. You would have to be crazy not to. Guaranteed income, guaranteed appreciation, zero investment risk, unimaginable exclusivity and prestige....is that a serious question?? lol The bolded is proof as to why my post is accurate (and why there will never be a serious challenge to the NFL's "antitrust exemption"). Without the hundreds of millions of free money to every franchise, teams like the Bills in Buffalo would have no value whatsoever. With the shared revenue, the value rises every year for every team, no matter how awful the product on. the field is. No other business operates like this (each team is a separate business). The highest revenue generating teams and those in the biggest TV markets are driving the overall league annual revenue. All teams are getting "equal distribution", but they are not getting an amount proportional to what they contribute to league revenues, so it is not exactly "well deserved". Do the Browns deserve equal shares despite showing zero interest in putting a competitive product on the field that no one in the country wants to watch? Of course not, but they do. So it is money they get but that is not earned. Therefore, it I free money. As for return on investment, any asset's value is its actual or estimated sale price. No sense pointing that out in regard to a major sports team.
  17. Yes, there's plenty for that in the shared revenue sum as well (for every team). The Forbes numbers for "operating margin" are "earning before interest, taxes, depreciation and amortization"---after all of the expenses you have listed have been accounted for. 383 million of that over 8 years. The county owns the stadium so it pays for any stadium janitorial and maintenance. Pegula has chipped in a one time 35 million for the stadium upgrades a few years ago. The money is free because no single team had to earn it. It's mainly from TV contracts, the rest from merchandising and NFL Ventures. So, really, the most popular teams in the league generate a ton of TV and merchandise revenue that then goes to teams that really don't. That's free money. How many other businesses can you name where competitors have to give money to others who can't generate as much money? Either way, the Bills are certainly raking it in, compared to what they contribute proportionally to the NFL.
  18. They aren't in the business of building at all. No need to repeat--it won't become more correct. They demand new stadiums. A very small number of individual owners build them....the rest extort new stadiums from the public and fans. That's not a "building" business at all. "The NFL" could, however, easily fund the entire cost of each new stadium as it comes due for one. Then you could accurately claim they are in the business of building stadiums. That day isn't coming, however.
  19. You missed the part where I said his 1.4 billion investment has risen in value 64% in 8 years---simply by existing. Plus it has paid a nice dividend averaging over 40 million a year---all with no significant input by the owner being necessary. In 2021, the revenue given (through league revenue sharing) equally to every team was 274 million. The salary cap was 183 million. So every team every year has their player and staff salaries covered, without selling a single ticket or jersey yet, whether the team is a perennial playoff contender or the worst in the league.
  20. i. Know. It’s a cheeky way of pointing out how wrong your post was. the NFL is explicitly in the business of avoiding stadium building and foisting this on taxpayers instead. it’s 9-10 figures of free money. That’s a windfall by any known definition.
  21. Bates has gotten 35 pages by basically doing the same thing....
  22. Since he bought the team almost 8 years ago, the Bills have, according to Forbes, netted Pegula 383 million in profit and have increased his net worth nearly another billion on top of that. It's a business with a guaranteed annual minimum income/revenue where the value of the business only increases at over 10% a year. In a bigger market, Pegula wouldn't be more inclined to offer more for the stadium.
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