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Posted

does anyone read forbes anymore? i see their links on sites and google news but never look - becausethey block ad blockers. sooooo !@#$ them.

Posted

So the team is worth roughly $100 million more than when Terry Pegula bought the team 2-3 years ago.

 

Sure wish I could make a "bad investment" like that.

Posted

So the team is worth roughly $100 million more than when Terry Pegula bought the team 2-3 years ago.

 

Sure wish I could make a "bad investment" like that.

....better yet, Ralph paid $25 grand in 1960 and sold for $1.4 BILLION.....would THIS be in your "BAD investment" portfolio?...LOL.............. :thumbsup:

Posted

 

Though it should be noted that part of the discrepancy here can be explained by the stadium. Add a new tax payer purchased stadium to the mix and I wouldn't be surprised in Buffalo didn't shoot past Cleveland net worth wise.

 

Once the stadium is in place then yes that valuation will go up. Pegulas have to do much more though. Doesn't help that they have had such a high payroll ;)

Posted

 

Once the stadium is in place then yes that valuation will go up. Pegulas have to do much more though. Doesn't help that they have had such a high payroll ;)

....55 mil in franchise fees sharing for clubs moving will keep Terry and Kim outta soup kitchen lines...not to worry..............

Posted (edited)

So the team is worth roughly $100 million more than when Terry Pegula bought the team 2-3 years ago.

 

Sure wish I could make a "bad investment" like that.

Like making 10 grand on $150k. Definitely a great ROI. Edited by jmc12290
Posted

....better yet, Ralph paid $25 grand in 1960 and sold for $1.4 BILLION.....would THIS be in your "BAD investment" portfolio?...LOL.............. :thumbsup:

 

Yes people quote that and neglect to mention how much additionally he spent and how he kept several of the AFL teams afloat.

They act like this was some sort of savings bond with principle and interest guaranteed.

Posted

....55 mil in franchise fees sharing for clubs moving will keep Terry and Kim outta soup kitchen lines...not to worry..............

Everyone seems to think the relocation fees are much larger than they really are.....Bills share has a value of $27 million TOTAL, and will be paid over 10 years, starting in 2019.....a few million a year is peanuts in the overall operating budget, and is not gonna make any real difference in the small market teams ability to sink or swim..

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