TroutDog Posted September 18, 2019 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. ?
teef Posted September 18, 2019 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
DJB Posted September 18, 2019 Posted September 18, 2019 (edited) At that price I'll buy 2 teams please Edited September 18, 2019 by DJB 2
TroutDog Posted September 18, 2019 Author 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
SlimShady'sSpaceForce Posted September 18, 2019 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
BillsVet Posted September 18, 2019 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.
Rochesterfan Posted September 18, 2019 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
Nextmanup Posted September 18, 2019 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
boater Posted September 18, 2019 Posted September 18, 2019 Smallest market in the league = smallest net worth. No complaints from me.
Nextmanup Posted September 18, 2019 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.
PromoTheRobot Posted September 18, 2019 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
BigPappy Posted September 18, 2019 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!
DefenseWins Posted September 18, 2019 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.
Call_Of_Ktulu Posted September 18, 2019 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
Lurker Posted September 18, 2019 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
Apocalypse Nuts Posted September 18, 2019 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.
Seven-N-Nine Posted September 18, 2019 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.
TroutDog Posted September 18, 2019 Author 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.
Alphadawg7 Posted September 18, 2019 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
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