PromoTheRobot Posted March 21, 2018 Share Posted March 21, 2018 (edited) Edited March 21, 2018 by PromoTheRobot Link to comment Share on other sites More sharing options...
baskingridgebillsfan Posted March 21, 2018 Share Posted March 21, 2018 so you are saying Trump was wrong again . 1 1 Link to comment Share on other sites More sharing options...
K-9 Posted March 21, 2018 Share Posted March 21, 2018 Rising tide floats all ships. Link to comment Share on other sites More sharing options...
RochesterRob Posted March 21, 2018 Share Posted March 21, 2018 6 minutes ago, K-9 said: Rising tide floats all ships. I want to say that I saw something not too many months ago saying that the Bills could be worth 1.6-1.7 billion in WNY in current times. Remember the Pegula's purchase has aged a few years already. Link to comment Share on other sites More sharing options...
george c Posted March 21, 2018 Share Posted March 21, 2018 Pegulas paid market price at the time.. I’m not so sure our team is worth a whole lot more than what they paid as long as it sits in Buffalo. Link to comment Share on other sites More sharing options...
row_33 Posted March 21, 2018 Share Posted March 21, 2018 7 minutes ago, George C said: Pegulas paid market price at the time.. I’m not so sure our team is worth a whole lot more than what they paid as long as it sits in Buffalo. way more than market price insane special purchasers blow all valuations calculations off the map, never had one in my dozens of valuations like the Clippers purchase or the BIlls they are stars, they are golden.... and help us get back to the garden Link to comment Share on other sites More sharing options...
Buffalo_Gal Posted March 21, 2018 Share Posted March 21, 2018 "Canada's third-richest person." Does that mean the Panthers will move to Toronto? 2 1 Link to comment Share on other sites More sharing options...
row_33 Posted March 21, 2018 Share Posted March 21, 2018 you try to normalize the cash flow and use a multiplier to get the purchase price of sanity then people come in not caring at all what that figure is and double the current price, to the moon Link to comment Share on other sites More sharing options...
JMF2006 Posted March 21, 2018 Share Posted March 21, 2018 Does it include the stadium? Link to comment Share on other sites More sharing options...
Wayne Arnold Posted March 21, 2018 Share Posted March 21, 2018 But I keep being told that the NFL is dying you guys. 1 Link to comment Share on other sites More sharing options...
QCity Posted March 21, 2018 Share Posted March 21, 2018 3 minutes ago, JMF2006 said: Does it include the stadium? Yes. The $2.5B valuation is pretty much spot-on, as was the $1.3B price for the Bills. Link to comment Share on other sites More sharing options...
row_33 Posted March 21, 2018 Share Posted March 21, 2018 9 minutes ago, Wayne Arnold said: But I keep being told that the NFL is dying you guys. Is Carolina that trendy enough a location to hope for the increase in value? I guess when an owner has to sell for bad reasons then he can expect twice the market value for his franchise now? Link to comment Share on other sites More sharing options...
frostbitmic Posted March 21, 2018 Share Posted March 21, 2018 18 minutes ago, Buffalo_Gal said: "Canada's third-richest person." Does that mean the Panthers will move to Toronto? And does that mean that Bon Jovi has a hand in this ? 1 Link to comment Share on other sites More sharing options...
cba fan Posted March 21, 2018 Share Posted March 21, 2018 22 minutes ago, Buffalo_Gal said: "Canada's third-richest person." Does that mean the Panthers will move to Toronto? then be known as TP ??? wonder what is like to initial your name as TP. or BS or BJ or FU etc etc..... wonder if those people avoid initialing something at all costs. Or likely they put middle initial in also. Like Terry Pegula. Link to comment Share on other sites More sharing options...
PromoTheRobot Posted March 21, 2018 Author Share Posted March 21, 2018 (edited) 5 minutes ago, cba fan said: then be known as TP ??? wonder what is like to initial your name as TP. or BS or BJ or FU etc etc..... wonder if those people avoid initialing something at all costs. Or likely they put middle initial in also. Like Terry Pegula. Edited March 21, 2018 by PromoTheRobot 1 Link to comment Share on other sites More sharing options...
Mark Vader Posted March 21, 2018 Share Posted March 21, 2018 7 minutes ago, cba fan said: then be known as TP ??? wonder what is like to initial your name as TP. or BS or BJ or FU etc etc..... wonder if those people avoid initialing something at all costs. Or likely they put middle initial in also. Like Terry Pegula. 2 Link to comment Share on other sites More sharing options...
cba fan Posted March 21, 2018 Share Posted March 21, 2018 13 minutes ago, row_33 said: Is Carolina that trendy enough a location to hope for the increase in value? I guess when an owner has to sell for bad reasons then he can expect twice the market value for his franchise now? Just like my area for house sales. Owners scream for years they are over assessed on valuation fair market value by local assessors office resulting in higher then they want in real estate taxes. Then when it goes up for sale they all ask for 40% to 60% over what the local taxing body is assessing it at. Very small rental Duplex I just looked at wants $120,000 and fair market assessed value by assessors office is $75,000......60% markup! Link to comment Share on other sites More sharing options...
atlbillsfan1975 Posted March 21, 2018 Share Posted March 21, 2018 40 minutes ago, row_33 said: Is Carolina that trendy enough a location to hope for the increase in value? I guess when an owner has to sell for bad reasons then he can expect twice the market value for his franchise now? Charlotte is seen as a city on the rise. Charlotte has been growing for probably the last 20 years at a decent rate year after year. I would be surprised if the value for the team does not include speculation on where the city will be in the next 25 years. Charlotte mirrors Atlanta in many ways. Link to comment Share on other sites More sharing options...
Utah John Posted March 21, 2018 Share Posted March 21, 2018 52 minutes ago, atlbillsfan1975 said: Charlotte is seen as a city on the rise. Charlotte has been growing for probably the last 20 years at a decent rate year after year. I would be surprised if the value for the team does not include speculation on where the city will be in the next 25 years. Charlotte mirrors Atlanta in many ways. Charlotte has grown due to all the Buffalo people moving there. Now that Buffalo is becoming desirable (thanks, Canalside) Charlotte will level off. 2 Link to comment Share on other sites More sharing options...
T-Bomb Posted March 21, 2018 Share Posted March 21, 2018 2 hours ago, baskingridgebillsfan said: so you are saying Trump was wrong again . I dunno, Panthers are a more legit franchise... Link to comment Share on other sites More sharing options...
PromoTheRobot Posted March 21, 2018 Author Share Posted March 21, 2018 34 minutes ago, T-Bomb said: I dunno, Panthers are a more legit franchise... Maybe that's why the Bills raided their staff. Link to comment Share on other sites More sharing options...
KDIGGZ Posted March 22, 2018 Share Posted March 22, 2018 I thought P Diddy was going to buy it? He probably thought they said Million not Billion Link to comment Share on other sites More sharing options...
Over 29 years of fanhood Posted March 22, 2018 Share Posted March 22, 2018 2 hours ago, atlbillsfan1975 said: Charlotte is seen as a city on the rise. Charlotte has been growing for probably the last 20 years at a decent rate year after year. I would be surprised if the value for the team does not include speculation on where the city will be in the next 25 years. Charlotte mirrors Atlanta in many ways. Is Atlanta worth $2.5 billon? Link to comment Share on other sites More sharing options...
atlbillsfan1975 Posted March 22, 2018 Share Posted March 22, 2018 19 minutes ago, Over 29 years of fanhood said: Is Atlanta worth $2.5 billon? With the new stadium I bet they are worth more. Link to comment Share on other sites More sharing options...
Punching Bag Posted March 22, 2018 Share Posted March 22, 2018 The rapid escalation in bidding has prompted Michael Rubin, the billionaire executive chairman of sports-apparel company Fanatics, to drop out of the process, said the people, who requested anonymity because the matter is private. If it was truly private you would not have leaked it "the people". 3 hours ago, T-Bomb said: I dunno, Panthers are a more legit franchise... Sounds perfect for you. Link to comment Share on other sites More sharing options...
Augie Posted March 22, 2018 Share Posted March 22, 2018 1 hour ago, atlbillsfan1975 said: With the new stadium I bet they are worth more. The affordable hot dogs knock them down a billion or so. If only I could get to the front of the line to actually buy one.... Link to comment Share on other sites More sharing options...
K-9 Posted March 22, 2018 Share Posted March 22, 2018 5 hours ago, cba fan said: Just like my area for house sales. Owners scream for years they are over assessed on valuation fair market value by local assessors office resulting in higher then they want in real estate taxes. Then when it goes up for sale they all ask for 40% to 60% over what the local taxing body is assessing it at. Very small rental Duplex I just looked at wants $120,000 and fair market assessed value by assessors office is $75,000......60% markup! Assessed value by local governments for tax purposes and appraised value are completely different animals. Link to comment Share on other sites More sharing options...
BuffaloSol Posted March 22, 2018 Share Posted March 22, 2018 5 hours ago, T-Bomb said: I dunno, Panthers are a more legit franchise... Found the troll. Link to comment Share on other sites More sharing options...
cba fan Posted March 22, 2018 Share Posted March 22, 2018 (edited) 3 hours ago, K-9 said: Assessed value by local governments for tax purposes and appraised value are completely different animals. yeah I hear yay....but the way it works around here is when that duplex sells for 120,000 it immediately is adjusted and new owner pays taxes based on the new price. $120,000 Now you might think it works in reverse also, but not really. It is suppose to though. We no longer have distressed sale exclusions and my purchase was not distressed anyway and was not purchased from a relative or friend. I bought a home that was on the market for two years at 220,000 and was sitting empty for most of those 2 years as owner was a Dr who took job in other state and moved. I bought it for 180,000. You would think the assessed would come down automatically to 180,000. Wrong. The assessor sent out a letter to me that they wished to inspect the property. The two very nice friendly girls/assessors one of which I actually knew that came out told me during inspection they wanted to find out if the home was trashed or not matching the description sg footage lot size etc. etc..... to see why it sold low. Property was perfect and no discrepancies. After some creative arguing they did lower the taxes from assessed at 220,000 down to number below 200, 000 I can not recall right now but they would not go to 180,000. I did not bother fighting it as every 4 years this area it is changed anyway to match market which had tanked and that was coming up. And I get that homes put on market have a premium attached just like anything. But 40% to 60% seems harsh. Sorry to be long winded it is just an irritant for me. The local assessor is right on top of same and similar sales in the area and they adjust you up every year when market dictates. But with what they call an equalizer applied in this area and a statute that allows all the taxing bodies a guaranteed small increase in revenue regardless of real estate revenue taken by allowing them to then increase their levies our taxes never hardly go down when market tanks and usually still go up. Crazy system/racket they have . Edited March 22, 2018 by cba fan Link to comment Share on other sites More sharing options...
T-Bomb Posted March 22, 2018 Share Posted March 22, 2018 7 hours ago, Limeaid said: If it was truly private you would not have leaked it "the people". Sounds perfect for you. What sounds perfect, buying the Panthers? 5 hours ago, BuffaloSol said: Found the troll. Come again? Because I can see why the Panthers would be worth more than the Bills? Link to comment Share on other sites More sharing options...
Punching Bag Posted March 22, 2018 Share Posted March 22, 2018 4 hours ago, T-Bomb said: What sounds perfect, buying the Panthers? No changing team allegiance. Link to comment Share on other sites More sharing options...
T-Bomb Posted March 22, 2018 Share Posted March 22, 2018 38 minutes ago, Limeaid said: No changing team allegiance. Why would I do that? Link to comment Share on other sites More sharing options...
Recommended Posts