NFL Franchise value

[DEAD!]

Say, anyone want an NFL franchise? They start at $720 million..... anyone?.....

http://sportsillustrated.cnn.com/2006/foot...s.ap/index.html

[lilgump]

Im thinkin if we all pool our money we would only be about 719,999,999 short. Think if this board owned a pro franchise, I bet they would be the best looking in the league.

[Jigga]

Hail to the Redskins!

[nwtrailtrekker]

why is seattle at 5.0 income? what does this mean? why so low?

[KevinMcD]

why is seattle at 5.0 income? what does this mean? why so low?

I think it means they made $5 million last year after tickets, payroll, stadium lease and everything. The only team that is in the negatives are the Saints, which is understandable because of Katrina.

[WSU151]

why is seattle at 5.0 income? what does this mean? why so low?

I think it means they made $5 million last year after tickets, payroll, stadium lease and everything.

Exactly right. Operating income is the gross profit before taxes and interest.

[Bleujayone]

I really don't see how the Redskins manage to be at the top AND for the last seven years. If the team really is worth that much, I don't give any of that credit to Snyder, he's just along for the ride.

"Savvy" is not a word I would associate with Dan Snyder. He has mentioned several occations of his physical shortcomings that prevented him from playing football, so for him(and many other not-so-serious sports owners) this is his way of making up for some unfulfilled ambition. Simply treating a team like a billionaire's toy doesn't make a successful team. There is nothing Snyder has done to indicate he knows or is willing to learn anything about running a football team. Many a tirade has been said about him when someone suggests he's doing something wrong. In fact I dare say that the team is successful despite the current owner's faults in running it.

The team is hemeraging money- and that's just in operating costs. If it wasn't for the 'Skins past success and fanbase that already came with the team, he'd have already driven off everyone. The team, the success, and even their current stadium were all put together by other people before he arrived. He meddles in his team's affairs to the point of being counterproductive, and his team's on field success has been pitiful. In the 10 years (1997-2006) he's been running things, the team has had but 2 winning seasons- and never looked particulary dominate. I rather doubt any of the team's financial success is based on anything different he's done, rather just falling back on previously earned credit. The team has one of the most dedicated fan bases in the country. The Redskins' season ticket line is the second longest in the NFL to the Green Bay Packers. Fans have been known to wait 35 years to get season tickets. That was like that long before Snyder showed up.

If someone else bought, say... the Dallas Cowboys or a controlling interest in the Green Bay Packers in their current states, they'd be "successful" too just by leaving it on automatic pilot. I know he likes to think the team does well because of his doing, but if had an expansion team rather than one of the league's elderstatesman franchises, he'd have already moved or sold the team by now.

Kraft and Jones each took their respective and (re)turned them into respectable franchises. Snyder has tried to buy a championship team rather than build one, driven off more than one coach, shot his mouth off on countless occations, and treated his fans like dirt. (i.e. charging to watch the team in training camp?).

This is not just an empty salvo. Many a sports fan and sports writer have expressed disgust with Snyder (including a few on this board).

And it's not just football either- he's managed to be a cancer with a previous cash cow Six Flags Amusement Parks too. Just proves that even if you have money- it doesn't make you smart. It's different with other businesses. How he managed to have the degree of success he's had with his current attitude I'll never know.

Snyder killing Six Flags

This article also explains how it's really tough to go under running an NFL team- even badly.

[Tazz013]

The Texans franchise is valued at over a billion dollars? My God, they're like the Knicks.

[Cyclopsis Joe]

People asked me what the possible downside of putting teams in Tennessee, Carolina and Jacksonville were..

"31. Atlanta Falcons 730 6.6 "

There you go.

[NJTank]

I agree Jacksonville was not a great place for the NFL to add a team esp for Atlanta, but I was glad to see Charolette and Nashville get oppertunites.

[HedleyLamarr]

People asked me what the possible downside of putting teams in Tennessee, Carolina and Jacksonville were..

"31. Atlanta Falcons 730 6.6 "

There you go.

I think the past history of the team has more to do with this than other teams starting up.

[Cyclopsis Joe]

People asked me what the possible downside of putting teams in Tennessee, Carolina and Jacksonville were..

"31. Atlanta Falcons 730 6.6 "

There you go.

I think the past history of the team has more to do with this than other teams starting up.

Probably, I was just making a funny. I usually exclude emoticons when I joke.

(In actuality, the Titans are my favorite AFC team, and I like Carolina when the Falcons are in the gutter, probably same for most Falcons fans)

[HedleyLamarr]

People asked me what the possible downside of putting teams in Tennessee, Carolina and Jacksonville were..

"31. Atlanta Falcons 730 6.6 "

There you go.

I think the past history of the team has more to do with this than other teams starting up.

Probably, I was just making a funny. I usually exclude emoticons when I joke.

(In actuality, the Titans are my favorite AFC team, and I like Carolina when the Falcons are in the gutter, probably same for most Falcons fans)

A real fan only has one favorite team, and cheers for them, no matter what kind of season they're having.

[Cyclopsis Joe]

Yeah, I used to believe that crap too.

[Mac the Knife]

I really don't see how the Redskins manage to be at the top AND for the last seven years. If the team really is worth that much, I don't give any of that credit to Snyder, he's just along for the ride.

Actually I give a great deal of the credit for this to Snyder. Admittedly I thought it was the stadium the first few years, but Snyder's done some extraordinary behind-the-scenes things to boost Redskins revenues over the years. He's no dummy.

[fonz]

The Texans franchise is valued at over a billion dollars? My God, they're like the Knicks.

Ya, how are the Texans worth so much?

[BJ Sands]

I really don't see how the Redskins manage to be at the top AND for the last seven years.  If the team really is worth that much, I don't give any of that credit to Snyder, he's just along for the ride.

Actually I give a great deal of the credit for this to Snyder. Admittedly I thought it was the stadium the first few years, but Snyder's done some extraordinary behind-the-scenes things to boost Redskins revenues over the years. He's no dummy.

Their stadium is the biggest in the league and their ticket prices are near the highest in the league. Yet, somehow, their tickets are the hardest to get in the NFL, meaning they have pretty fiercely loyal (and rich) fans.

They also sell a ton of merchandise and the naming rights to the stadium are pretty expensive.

[PaperAirplane31]

A real fan only has one favorite team, and cheers for them, no matter what kind of season they're having.

Quoted for great justice.

[Bleujayone]

I really don't see how the Redskins manage to be at the top AND for the last seven years.  If the team really is worth that much, I don't give any of that credit to Snyder, he's just along for the ride.

Actually I give a great deal of the credit for this to Snyder. Admittedly I thought it was the stadium the first few years, but Snyder's done some extraordinary behind-the-scenes things to boost Redskins revenues over the years. He's no dummy.

Their stadium is the biggest in the league and their ticket prices are near the highest in the league. Yet, somehow, their tickets are the hardest to get in the NFL, meaning they have pretty fiercely loyal (and rich) fans.

They also sell a ton of merchandise and the naming rights to the stadium are pretty expensive.

Again all things already eatablished before Snyder was in the picture. The Cookes already landed the stadium (Snyder just sold the naming rights), A loyal and dedicated fanbase (Snyder just raised the ticket prices), and popular logo and merchandise again all ready long established before he showed up. It's not like he had NFL Properties or someone else create a new one.

Snyder has hiked the prices up, gouging the fans (try pulling that with a newer team or one without such a rabid or wealthy fanbase), had a revolving door of coaches, many questionable signings of players that may or may not be talented as individuals but failled to gel as a team, charges people for everything short of the air they breathe (and I have no doubt that if the stadium had a dome he'd have tried already). He has no patience, refuses to let coaches and GM's do their jobs, he throws money at his problems, and takes his customers for granted by giving them an inferior on-field product at some of the highest prices possible. There's a reason he's nicknamed "The Twerp" among other owners.

"...in the NFL, a bizarre combination of local monopolies and socialism among billionaires, you can still make tons of money and attract an upscale audience by fielding a mediocre team. Why? In every football market save New York and San Francisco, there's no competition. And football?especially Washington Redskins football?occupies a far different space in the affluent consumer's mind than [other businesses] do. When Snyder acquired the Redskins, it already had a built-in fan base of intense, wealthy, and loyal fans. FedEx field isn't just a sports stadium, it's an arena for corporate lobbyists to entertain clients and politicians, for Washington's elite to purchase status."

The point is when he bought the team, it was already long established as a succesful, famous, and popular team with one of the best fanbases in the league. A trained chimp could make a profit with this team at this point. Had this team been in a smaller market or an expansion team, I highly doubt his business tactics would get him the same results. While I won't go so far as to say he doesn't know anything about business of running a sports team- he's had the advantage of one hell of a learning curve added to his work. As it is, despite the team's profitable short term returns and seemingly successful value, he runs a very high risk of long term damage to both his fanbase loyalty and his team's repuation.