TroutDog Posted September 18, 2019 Share Posted September 18, 2019 https://www.cbssports.com/nfl/news/cowboys-top-2019-list-of-most-valuable-nfl-franchises-almost-worth-more-than-bottom-three-teams-combined/ Still up to $1.9B so don’t cry for the Pegula’s. ? Link to comment Share on other sites More sharing options...
teef Posted September 18, 2019 Share Posted September 18, 2019 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. 4 Link to comment Share on other sites More sharing options...
DJB Posted September 18, 2019 Share Posted September 18, 2019 (edited) At that price I'll buy 2 teams please Edited September 18, 2019 by DJB 2 Link to comment Share on other sites More sharing options...
TroutDog Posted September 18, 2019 Author Share Posted September 18, 2019 (edited) 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 September 18, 2019 by TroutDog 3 Link to comment Share on other sites More sharing options...
SlimShady'sSpaceForce Posted September 18, 2019 Share Posted September 18, 2019 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 1 1 Link to comment Share on other sites More sharing options...
BillsVet Posted September 18, 2019 Share Posted September 18, 2019 Will be interesting to see valuations after the next round of TV contracts are finalized with various media. Teams are receiving north of 250M per season as their share of the current contracts. Link to comment Share on other sites More sharing options...
Rochesterfan Posted September 18, 2019 Share Posted September 18, 2019 15 minutes ago, TroutDog said: https://www.cbssports.com/nfl/news/cowboys-top-2019-list-of-most-valuable-nfl-franchises-almost-worth-more-than-bottom-three-teams-combined/ Still up to $1.9B so don’t cry for the Pegula’s. ? 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. 2 Link to comment Share on other sites More sharing options...
Nextmanup Posted September 18, 2019 Share Posted September 18, 2019 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. 2 Link to comment Share on other sites More sharing options...
boater Posted September 18, 2019 Share Posted September 18, 2019 Smallest market in the league = smallest net worth. No complaints from me. Link to comment Share on other sites More sharing options...
Nextmanup Posted September 18, 2019 Share Posted September 18, 2019 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 More sharing options...
PromoTheRobot Posted September 18, 2019 Share Posted September 18, 2019 (edited) 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 September 18, 2019 by PromoTheRobot 2 Link to comment Share on other sites More sharing options...
BigPappy Posted September 18, 2019 Share Posted September 18, 2019 I didn't need to read Forbes magazine to now this that's for sure. Given the teams location, market share and lack of being in a large City with a booming economy it's more of a ..... Well..... No Duh! Link to comment Share on other sites More sharing options...
DefenseWins Posted September 18, 2019 Share Posted September 18, 2019 Interestingly, when you examine this list there are several other "small market" teams in the same value range. Detroit, Cinci, Tennessee and Cleveland round out the bottom five all around the 2 billion price range. Link to comment Share on other sites More sharing options...
Call_Of_Ktulu Posted September 18, 2019 Share Posted September 18, 2019 If Bills fans would just drink all their beer in the stadium the Pegula's would be number 1 on this list in 3 years. 1 Link to comment Share on other sites More sharing options...
Nester Posted September 18, 2019 Share Posted September 18, 2019 Winning will fix everything. Link to comment Share on other sites More sharing options...
Lurker Posted September 18, 2019 Share Posted September 18, 2019 (edited) My Van Gogh painting (an abstract of dogs playing poker--who knew!) is the least expensive thing he ever did. But I love it anyway... Edited September 18, 2019 by Lurker 1 1 Link to comment Share on other sites More sharing options...
Apocalypse Nuts Posted September 18, 2019 Share Posted September 18, 2019 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 More sharing options...
Seven-N-Nine Posted September 18, 2019 Share Posted September 18, 2019 8 minutes 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. It's disgusting that a teams value goes up due to a taxpayer funded stadium. Link to comment Share on other sites More sharing options...
TroutDog Posted September 18, 2019 Author Share Posted September 18, 2019 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 More sharing options...
Alphadawg7 Posted September 18, 2019 Share Posted September 18, 2019 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. 3 Link to comment Share on other sites More sharing options...
aristocrat Posted September 18, 2019 Share Posted September 18, 2019 wait til the gambling money starts rolling in and the new tv contracts Link to comment Share on other sites More sharing options...
Apocalypse Nuts Posted September 18, 2019 Share Posted September 18, 2019 1 minute ago, Seven-N-Nine said: It's disgusting that a teams value goes up due to a taxpayer funded stadium. True dat but they don't really care in Texas as long as it's bigger than the rest. Really. 1 minute ago, Alphadawg7 said: 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. Good stuff, man. Appreciated. These teams are the rarest of commodities and those billionaires will give a lot to be part of such exclusive clubs. I feel like I remember the other 2 bidders were not going to top $900 mil but I may be wrong. I know that Bon Jovie's team was around there but it was early in the process. 1 Link to comment Share on other sites More sharing options...
RiotAct Posted September 18, 2019 Share Posted September 18, 2019 12 minutes ago, boater said: Smallest market in the league = smallest net worth. No complaints from me. isn’t Green Bay smaller? Or no? Link to comment Share on other sites More sharing options...
gjv001 Posted September 18, 2019 Share Posted September 18, 2019 The football fans in WNY are very lucky the Pagula's had an interest in the Buffalo Bills. Perhaps an anual thank you card to the Pagula's on the aniversary of their aquisition of the Bills is in order. 1 Link to comment Share on other sites More sharing options...
SlimShady'sSpaceForce Posted September 18, 2019 Share Posted September 18, 2019 4 minutes ago, TroutDog said: Doesn’t matter to me per se, but thought it was interesting. The Bills stadium has been under constant renovations for decades and its not like 3 Rivers that had to close because retainer walls were collapsing and fans were getting injured. Link to comment Share on other sites More sharing options...
TroutDog Posted September 18, 2019 Author Share Posted September 18, 2019 1 minute ago, RiotAct said: isn’t Green Bay smaller? Or no? I believe you’re correct. Link to comment Share on other sites More sharing options...
Nextmanup Posted September 18, 2019 Share Posted September 18, 2019 13 minutes ago, PromoTheRobot said: 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. Yes and no. There are many economical ways to value something like an NFL franchise. Of course, like anything, the ultimate value comes down to what an individual is wiling to pay for it. Link to comment Share on other sites More sharing options...
Tortured Soul Posted September 18, 2019 Share Posted September 18, 2019 29 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 investment is now up $.5b dollars. Not bad. For what it's worth, that's significantly behind the S&P. 1 Link to comment Share on other sites More sharing options...
boater Posted September 18, 2019 Share Posted September 18, 2019 2 minutes ago, RiotAct said: isn’t Green Bay smaller? Or no? Good point. GB itself is tiny. Only about 100,000. But their market value is an odd duck to calculate because they are the only publicly held team in the NFL. Link to comment Share on other sites More sharing options...
teef Posted September 18, 2019 Share Posted September 18, 2019 13 minutes ago, Alphadawg7 said: 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. oh i agree. it's an emotional purchase, and for someone who can afford it, it's not an over buy at all. you see it with housing too. people fall in love with a home and are willing to far overbid for it. i meant over buy in the sense that he paid more than the estimated value. 1 Link to comment Share on other sites More sharing options...
PlayoffsPlease Posted September 18, 2019 Share Posted September 18, 2019 The Bills are the most valuable NFL franchise in Buffalo. Link to comment Share on other sites More sharing options...
Alphadawg7 Posted September 18, 2019 Share Posted September 18, 2019 The most valuable NFL franchise will always be the one that is up for sale. Link to comment Share on other sites More sharing options...
PlayoffsPlease Posted September 18, 2019 Share Posted September 18, 2019 (edited) 34 minutes ago, BillsVet said: Will be interesting to see valuations after the next round of TV contracts are finalized with various media. Teams are receiving north of 250M per season as their share of the current contracts. I dont think the expectation is for a big run up in tv prices. The NFL demographic is aging rapidly. Ratings are fairly flat overall. Ratings are down in the younger demographics compared to 5 or 10 years ago. None of these supports a huge price increase in tv payments (maybe this is trumped by Amazon and Netflix trying to expand by having a bigger NFL slice) I suspect the speculative dream right now is international franchising. Each of the 32 owners is excited get their share of the 2+ billion dollar franchise fee each for London, Berlin, Madrid, Rome, Tokyo and Beijing someday. Followed by a surge in media values. I am not sure it happens, but I think that is viewed as a big upside for the NFL, and one reason a couple teams have to schlep over to London and down to Mexico City every year. Edited September 18, 2019 by PlayoffsPlease Link to comment Share on other sites More sharing options...
Charles Romes Posted September 18, 2019 Share Posted September 18, 2019 They reached for the stars and drafted a high risk highest ceiling potential franchise QB. If things work out in a way that is trending the value of the team can escalate quickly. Link to comment Share on other sites More sharing options...
jwhit34 Posted September 18, 2019 Share Posted September 18, 2019 I am surprised that Jacksonville is not in the bottom 5. I thought they would give Buffalo a run for #32 but they came in at #23. Buffalo's operating income at $82 million is higher than 12 teams and is essentially the same as 2 others (who are at $83 million), so they are middle of the pack. Low operating costs I guess. They also tied for the 2nd highest percentage increase in franchise value (19%). Link to comment Share on other sites More sharing options...
reddogblitz Posted September 18, 2019 Share Posted September 18, 2019 29 minutes 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. Yes., It's because of the stadium. This is why owners always want new stadiums. It drives up the value of the franchise. In Dallas, the Dallas Mavericks played in Reunion Arena which was built for them when the team moved there. 20 years later Ross Perot Jr. bought the team and did NOTHING to make the actual team better. They stunk at the time. Instead he put his time and resources into buying up land around where he got the city to build him a new stadium. Land value and the franchise value went way up and then he sold out to The Cube. Personally, I hope the Bills continue to play at the Ralph for the next 50 years. Terry and Kim (and the dog) will be fine. 1 Link to comment Share on other sites More sharing options...
Paulus Posted September 18, 2019 Share Posted September 18, 2019 Forbes has no clue what they are doing in this regard. The Bill's were valued by them at like .7 Billion when Pegula bought them. I hate these articles. Link to comment Share on other sites More sharing options...
Boca BIlls Posted September 18, 2019 Share Posted September 18, 2019 1 hour ago, TroutDog said: https://www.cbssports.com/nfl/news/cowboys-top-2019-list-of-most-valuable-nfl-franchises-almost-worth-more-than-bottom-three-teams-combined/ Still up to $1.9B so don’t cry for the Pegula’s. ? Win and the value skyrockets. Link to comment Share on other sites More sharing options...
Ridgewaycynic2013 Posted September 18, 2019 Share Posted September 18, 2019 56 minutes ago, DJB said: At that price I'll buy 2 teams please Doesn’t he know that money is dirty?! Link to comment Share on other sites More sharing options...
CLTbills Posted September 18, 2019 Share Posted September 18, 2019 57 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. Yes, i remember the franchise being valued at under $1B (I want to say something like $780m) shortly before Ralph's death. Pegs definitely overpaid, but his investment has still gained a half a billion dollars in value in what, 5 years? 6 years? Hell of an investment. 1 Link to comment Share on other sites More sharing options...
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