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Bills 25th on the money list


swede316

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Why is San Diego #30 ??? Isnt that a fairly large market ... especially with a decent team.
Too much other stuff to do there.....I lived there for 3 years and most people there are transplants from other parts of the country (or Mexico)....I went to a Chargers - Packers game and there was sooo much green and gold I thought I was at Lambeu Field....The area may have alot of people but not alot of Chargers fans. They also had the sweetest deal ever from the area.....Any unsold tickets the City of San Diego bought to ensure the games were on local TV.
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Buffalo          #25

Jacksonsville #26

New Orleans  #27

Oakland        #28

San Fran      #29

San Diego    #30

Atlanta          #31

Minnesota      #32

 

It'd be nice to see the Raiders move back to LA to put a stop to all the "LA needs a team talk"

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It is amazing how any of these teams voted for the new labor deal.......

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One of those teams will be in LA in the next 3 years.

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The Buffalo Bills play in one of the NFL's smallest markets, but have been among the top 10 teams in attendance for three straight years

Which is exactly why the Bills are not one of those teams considering a move to LA

 

Team Value 1  $ 756 mil

 

 

Ralph Wilson Jr

Buffalo Bills

are owned by Ralph Wilson Jr,

who bought them in 1959

for $25,000.

I'd say Ralph got a good return on his investment

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Even though the team is "worth" 759M that is hardly what he makes on the team each year. He probably takes about $2-5M/year in profit for him which with a $759M company is very small. Owning a team is something for personal enjoyment and not to make a buck. That is actually a popular misconception that these guys are making millions and millions for themselves. Many players actually make more than many of the owners. The owners were independently wealthy to begin with, they didn't become rich by owning the team. The way they become rich is by selling the team. Much the same way people are "rich" by owning an appreciated home. You may have paid $200K and now it is worth $800K, but you do not get wealthy until you sell the assett. Unfortunately for WNY the more it appreciates the tougher it will be for anyone in WNY to buy the team. That doesn't mean it won't stay here, it just means you may have a group of owners from NYC.

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Even though the team is "worth" 759M that is hardly what he makes on the team each year.  He probably takes about $2-5M/year in profit for him which with a $759M company is very small.  Owning a team is something for personal enjoyment and not to make a buck.  That is actually a popular misconception that these guys are making millions and millions for themselves.  Many players actually make more than many of the owners.    The owners were independently wealthy to begin with, they didn't become rich by owning the team.  The way they become rich is by selling the team.  Much the same way people are "rich" by owning an appreciated home.  You may have paid $200K and now it is worth $800K, but you do not get wealthy until you sell the assett.  Unfortunately for WNY the more it appreciates the tougher it will be for anyone in WNY to buy the team.  That doesn't mean it won't stay here, it just means you may have a group of owners from NYC.

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That's alright. There hasn't ever been local ownership.

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QUOTE(generaLee83 @ Sep 1 2006, 01:23 AM)

Buffalo #25

Jacksonsville #26

New Orleans #27

Oakland #28

San Fran #29

San Diego #30

Atlanta #31

Minnesota #32

 

It is amazing how any of these teams voted for the new labor deal.......

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Team #25 didn't vote for it.

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Even though the team is "worth" 759M that is hardly what he makes on the team each year.  He probably takes about $2-5M/year in profit for him which with a $759M company is very small.  Owning a team is something for personal enjoyment and not to make a buck.  That is actually a popular misconception that these guys are making millions and millions for themselves.  Many players actually make more than many of the owners.    The owners were independently wealthy to begin with, they didn't become rich by owning the team.  The way they become rich is by selling the team.  Much the same way people are "rich" by owning an appreciated home.  You may have paid $200K and now it is worth $800K, but you do not get wealthy until you sell the assett.  Unfortunately for WNY the more it appreciates the tougher it will be for anyone in WNY to buy the team.  That doesn't mean it won't stay here, it just means you may have a group of owners from NYC.

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This isn't true at all. The Bills operating income last season $31.2 million. Granted, taxes will take a chunk out of that, but it's still an enormous amount of coin in Ralph's pocket. That's for a season when the team stunk.

 

How can you say that he isn't becoming rich by owning the team? Obviously, he was well off before, but you can't just ignore the millions in income and the capital appreciation of the franchise value. Last year alone his asset grew by $48 million (in addition to the $31 million income). Sure, it's not cash, but either are real estate investments, stocks, and anything else that appreciates.

 

Ralph Wilson will have been enriched by over one billion dollars when all is said and done for owning a football team. His team has operating income of more than $30 million annually and he doesn't even attempt to maximize revenue. Yet, you would think the team is hardly viable from the incessant whining coming from OBD.

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This isn't true at all. The Bills operating income last season $31.2 million. Granted, taxes will take a chunk out of that, but it's still an enormous amount of coin in Ralph's pocket. That's for a season when the team stunk.

 

How can you say that he isn't becoming rich by owning the team? Obviously, he was well off before, but you can't just ignore the millions in income and the capital appreciation of the franchise value. Last year alone his asset grew by $48 million (in addition to the $31 million income). Sure, it's not cash, but either are real estate investments, stocks, and anything else that appreciates.

 

Ralph Wilson will have been enriched by over one billion dollars when all is said and done for owning a football team. His team has operating income of more than $30 million annually and he doesn't even attempt to maximize revenue. Yet, you would think the team is hardly viable from the incessant whining coming from OBD.

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I've read that Ralph MADE (i.e. with the old CBA) about $10-15M in profit a year. Now take the new CBA that jacked-up the salary cap about $10M overnight without Ralph seeing an extra dime, and his profits dwindle to 0-$5M. And all the while, Bills fans pay the lowest gameday prices of ANY NFL fans. And yet, the Bills have only sold-out the entire season 3 times in the 46 years of their existence, with last year being one of them (meaning that even during the SB years, at best 2 of the 4 years sold-out).

 

Basically the new CBA was an embarrassment for an NFL that prides itself on being the best business model. They gave over 5% (5.3% to be exact) MORE money to the players than ever before and let the NFLPA tell them to figure out how the richer owners were going to pay the poorer ones. Real great job there. ;)

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Buffalo is ranked 25th in value but are 13th in operating income. That's not bad at all. The Bills are right behind the NY Yankees in terms of value. Amazing the Yankees are only the 26th most valuable team if you combine NFL & MLB. Even more amazing the Bills are 27th. RW should stop crying poverty and seriously stop all the move the team garbage.

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I've read that Ralph MADE (i.e. with the old CBA) about $10-15M in profit a year.  Now take the new CBA that jacked-up the salary cap about $10M overnight without Ralph seeing an extra dime, and his profits dwindle to 0-$5M.  And all the while, Bills fans pay the lowest gameday prices of ANY NFL fans.  And yet, the Bills have only sold-out the entire season 3 times in the 46 years of their existence, with last year being one of them (meaning that even during the SB years, at best 2 of the 4 years sold-out).

 

Basically the new CBA was an embarrassment for an NFL that prides itself on being the best business model.  They gave over 5% (5.3% to be exact) MORE money to the players than ever before and let the NFLPA tell them to figure out how the richer owners were going to pay the poorer ones.  Real great job there. ;)

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The TV contracts added approximately 30-35 million to each team this year more than last year. Ralph saw an extra dime. He saw approximately 300-350 million extra dimes. Teams will start off the season this year making millions before one ticket or beer or hot dog or parking spot or luxury box or jersey or hat is sold. All they have to pay for is the running of the team, which can't be more than 10-15 million I would guess.

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