Jump to content

Bills least valuable NFL franchise per Forbes


TroutDog

Recommended Posts

24 minutes ago, teef said:

I’m pretty sure the 1.4 b he used to purchase the team was considered an over buy at the time.  That’s one fancy toy. 

Yup. In the recent Athletic article, he told the guy who managed the purchase to offer what would definitively be the highest bid. They did it intentionally and their investment is now up $.5b dollars. 

 

Not bad. 

Edited by TroutDog
  • Like (+1) 3
Link to comment
Share on other sites

15 minutes ago, TroutDog said:

 

 

It will go up more with a new stadium - especially downtown.  

 

The stadium deals are why some teams like Dallas are so valuable- it is about more than the team.  

  • Like (+1) 2
Link to comment
Share on other sites

The true value in owning these franchises is not in the annual revenue, but in franchise appreciation over time.

 

It's why Pegula was willing to overpay to get one, and why the other owners quickly took him into their fold at the time.  His overspending instantly made everyone else's franchise that much more valuable.

 

And now Pegula is being rewarded in turn.

 

This will all crash at some point, or at least slow way down.  All things in life go in cycles.

 

But not now! Hard to see this phase of the cycle ending any time soon.

 

 

  • Thank you (+1) 2
Link to comment
Share on other sites

1 minute ago, Rochesterfan said:

 

 

It will go up more with a new stadium - especially downtown.  

 

The stadium deals are why some teams like Dallas are so valuable- it is about more than the team.  

As long as the Bills have a ridiculously outdated "historic" stadium in a modern sports palace world, our franchise will be way undervalued.

 

When the new stadium comes, that will indeed impact franchise value favorably.  We'll still always be one of the smallest markets in the game, however.

 

 

Link to comment
Share on other sites

12 minutes ago, TroutDog said:

Yup. In the recent Athletic article, he told the guy who managed the purchase to offer what would definitively be the highest bid. They did it intentionally and their purchase is now up $.5b dollars. 

 

Not bad. 

 

The Bills will always be the least valuable franchise. But the Pegulas did everyone a favor by raising the value of every NFL team with their bid.

 

Team values are mostly illusion anyway.

Edited by PromoTheRobot
  • Like (+1) 2
Link to comment
Share on other sites

Yeah $1.9 billion ain't peanuts and I'm pleasantly surprised by that number.  They bought for what $1.4 billion.  That's quite a return so far.  If memory serves me, the bidding for the team was probably in the $900 mil to $1.1 billion range and they came in with that fat $1.4 billion to make everyone else give up and go home.  So they essentially paid a couple hundred million $ just to get it over with and guarantee they'd win?  That's some real love for this team and Buffalo as a whole community.

Link to comment
Share on other sites

13 minutes ago, SlimShady'sGhost said:

Does it matter?   

 

Is there a bright future ahead?    Looks that way to me!! 

 

who really cares what Jerruh World costs as long as the Bills WIN and make the playoffs 

Doesn’t matter to me per se, but thought it was interesting. 

Link to comment
Share on other sites

20 minutes ago, teef said:

I’m pretty sure the 1.4 b he used to purchase the team was considered an over buy at the time.  That’s one fancy toy. 

 

Was not an over buy though.  All professional sports franchises sell for a lot more than what they are claimed to be "worth" by articles such as Forbes.  The reason is simple, they are a very very rare commodity as they almost never come available.  And when they do, there are many interested parties bidding.  

 

The Dodgers were in financial shambles before Magic and his investors paid a ton more than anyone expected.  The Clippers were considered the least valuable franchise in all of the major sports and still sold for $2B when they were reportedly worth well under a billion.  

 

Something is only worth what someone is willing to pay.  And if Bills were on the market today, I bet they would easily sell for north of $2B as well.  

  • Like (+1) 3
Link to comment
Share on other sites

×
×
  • Create New...