Fingon Posted September 11, 2008 Share Posted September 11, 2008 http://www.forbes.com/lists/2008/30/sports...lls_301765.html Forbes: Team Value $885 million, the Buffalo Bills are owned by Ralph Wilson Jr, who bought them in 1959 for $25,000. The skinny Buffalo Bills owner Ralph Wilson, 90, has been crying poverty for years and has stated that the team will be sold after he dies. For years the Bills made a lot of money thanks to their rabid fans. But over the past few seasons the team's small market and antiquated stadium have placed the Bills in the bottom third of revenue of the NFL. Link to comment Share on other sites More sharing options...
Lori Posted September 11, 2008 Share Posted September 11, 2008 Fixed your link ... and wanted to note this bit of dumbassery: In a somewhat bizarre move, Wilson signed a deal for the Bills to play eight games in Toronto over five years, beginning this season. Demand for the pricey tickets has been strong and the Bills will make more money than had the games been played in Ralph Wilson Stadium. Rather than risk alienating his core fans for a short-term profit, Wilson should have sold the naming rights to the stadium named after him. But when you're 90 years old and have no plans of selling the team, you probably don't give a damn. If they could get $78 million for five years worth of naming rights, it would've been done yesterday. But in this market (and the current business climate), they'd be lucky to get $78 million for TWENTY-five years. Or thirty-five. Or ... Link to comment Share on other sites More sharing options...
DIE HARD 1967 Posted September 11, 2008 Share Posted September 11, 2008 Not bad for Ralph's $20,000 investment Link to comment Share on other sites More sharing options...
Corp000085 Posted September 11, 2008 Share Posted September 11, 2008 Christ... my car costs $25,000 Maybe if i hold onto it for 50 years it too will one day be worth close to $1 billion. Link to comment Share on other sites More sharing options...
Fingon Posted September 11, 2008 Author Share Posted September 11, 2008 Fixed your link ... and wanted to note this bit of dumbassery: If they could get $78 million for five years worth of naming rights, it would've been done yesterday. But in this market (and the current business climate), they'd be lucky to get $78 million for TWENTY-five years. Or thirty-five. Or ... Thanks... couldn't find the 2008 version so i just linked the !@#$ story. Link to comment Share on other sites More sharing options...
Fingon Posted September 11, 2008 Author Share Posted September 11, 2008 Wait wait wait... why does Bills insider become !@#$? Link to comment Share on other sites More sharing options...
keepthefaith Posted September 11, 2008 Share Posted September 11, 2008 Not bad for Ralph's $20,000 investment I wish my company was worth 70-times earnings. Link to comment Share on other sites More sharing options...
Beerball Posted September 11, 2008 Share Posted September 11, 2008 (edited) Wait wait wait... why does Bills insider become !@#$? I think it has something to do with that atom smasher thingy they are testing in Geneva. Let me try: !@#$ !@#$!!! You're right, they broke the damn thing. Edited September 11, 2008 by Beerball Link to comment Share on other sites More sharing options...
Dawgg Posted September 11, 2008 Share Posted September 11, 2008 Fixed your link ... and wanted to note this bit of dumbassery: If they could get $78 million for five years worth of naming rights, it would've been done yesterday. But in this market (and the current business climate), they'd be lucky to get $78 million for TWENTY-five years. Or thirty-five. Or ... If the Sabres can get $800K per year for the naming rights, the Bills can get double that. Adding $1-2M per year in pure operating income when you're a small-market team is significant. But God forbid Ralph remove his name from his stadium! Link to comment Share on other sites More sharing options...
Buffalo_soul-dier Posted September 11, 2008 Share Posted September 11, 2008 its erie county's stadium...werent they the ones who named it ralph wilson stadium? Link to comment Share on other sites More sharing options...
Lori Posted September 12, 2008 Share Posted September 12, 2008 its erie county's stadium...werent they the ones who named it ralph wilson stadium? Gov. Pataki. (But only after RCWjr. declined to resell the naming rights.) Link to comment Share on other sites More sharing options...
Lori Posted September 12, 2008 Share Posted September 12, 2008 If the Sabres can get $800K per year for the naming rights, the Bills can get double that. Adding $1-2M per year in pure operating income when you're a small-market team is significant. But God forbid Ralph remove his name from his stadium! $78 million divided by $1.6 million/year = 48.75 years. I originally typed fifty instead of twenty-five, but figured it was too far-fetched. $78 mill over five years, or fifty? And those "alienated" fans damn near set a season-ticket record. Next time, Forbes, please make your story good enough to go with your research? Thanks. Link to comment Share on other sites More sharing options...
nucci Posted September 12, 2008 Share Posted September 12, 2008 If the Sabres can get $800K per year for the naming rights, the Bills can get double that. Adding $1-2M per year in pure operating income when you're a small-market team is significant. But God forbid Ralph remove his name from his stadium! from who? Link to comment Share on other sites More sharing options...
Ray Posted September 12, 2008 Share Posted September 12, 2008 The Bills would be lucky to get 1M/yr......a lot? Yes to one of us individually but less than 1% of the salary cap hardly helps build wealth in the team! Link to comment Share on other sites More sharing options...
KD in CA Posted September 12, 2008 Share Posted September 12, 2008 $885MM divided by 8,144 registered members = $108,669 each. Let's go folks, pony up your share and we can buy 'em! Link to comment Share on other sites More sharing options...
Ray Posted September 12, 2008 Share Posted September 12, 2008 Twobillsdrive Stadium Hmmmmmmmm...it may work Link to comment Share on other sites More sharing options...
FIVE Posted September 12, 2008 Share Posted September 12, 2008 No matter what they say the bills are worth, we all know they are priceless. I think we should enjoy this season as much as possible because I have a feeling it is going to be special. Whatever happens, happens Ralph will be around for a good 20 more years I mean look at those ears. Link to comment Share on other sites More sharing options...
truth on hold Posted September 12, 2008 Share Posted September 12, 2008 More than Lehman Brothers! Link to comment Share on other sites More sharing options...
WellDressed Posted September 13, 2008 Share Posted September 13, 2008 Christ... my car costs $25,000 Maybe if i hold onto it for 50 years it too will one day be worth close to $1 billion. I had a car that appreciated in value. Link to comment Share on other sites More sharing options...
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