Institutional NFL teams?

[Saxum]

Due to hyperinflation of NFL teams value NFL owners appear poised to allow institutional capital into the league, but important details of the plan are still up in the air.

 

https://www.nbcsports.com/nfl/profootballtalk/rumor-mill/news/nfl-continues-to-wrestle-with-its-ownership-problem

 

 

Seems natural since at beginning of football many teams were sponsored or owned by companies.

 

They are talking about owners of team being institutionalized (yes I know some owners belong in institutions) but what about NFL which often makes irrational decisions? 

[julian]

Without reading.. BlackRock is buying it up ? Why not, they own everything else.

[frostbitmic]

And this Monday nights game is Walmart vs Exxon/Mobil and don't forget to join us Wednesday night for the game between Amazon and McDonalds.

[Don Otreply]

58 minutes ago, frostbitmic said:

And this Monday nights game is Walmart vs Exxon/Mobil and don't forget to join us Wednesday night for the game between Amazon and McDonalds.

I can’t begin to tell you how much just the thought of such a thing happening would suck…, 

 

Another example of the NFL owners Fuh king up a good thing, 

can ya say Greedflation? 

Edited February 18 by Don Otreply

[GunnerBill]

I have seen it happen in soccer to an extent. The local rich guy done good is priced out by the billionaire and then the billionaire is priced out by the conglomerate. 

 

It is the inveitable result of capitalism. Sports franchises retain their value better than almost any other asset.

[Saxum]

56 minutes ago, GunnerBill said:

I have seen it happen in soccer to an extent. The local rich guy done good is priced out by the billionaire and then the billionaire is priced out by the conglomerate. 

 

It is the inveitable result of capitalism. Sports franchises retain their value better than almost any other asset.

 

How is a player going to react when he is cut so the board can get bonuses?

[The 9 Isles]

This is nuts! 
 

 

[GunnerBill]

4 hours ago, Punching Bag said:

 

How is a player going to react when he is cut so the board can get bonuses?

 

A. The NFL is a money making machine. Boards won't need to cut an individual player to make profits that secure their bonuses; and

 

B. Even if that were not the case the current model already treats the players like pawns in the game, especially compared to sports with fully guaranteed contracts. The corporate machine already doesn't care.

[sleeby]

I've been thinking about buying a curling team.  Anyone want to go in with me?  

[Malazan]

Given the valuations of teams, it's not surprising. Not many individuals who can afford one so if the NFL needs bigger pockets.

[Ridgewaycynic2013]

3 hours ago, sleeby said:

I've been thinking about buying a curling team.  Anyone want to go in with me?  

You must have 'rocks' in your head. 🤔

*
😉😁

[WhoTom]

15 hours ago, frostbitmic said:

And this Monday nights game is Walmart vs Exxon/Mobil and don't forget to join us Wednesday night for the game between Amazon and McDonalds.

 

... at Bank of America Stadium.

 

[Saxum]

Patches on uniforms like NASCAR are next with groin area patch by MANSCAPED®.

[Neo]

I’ve had this vision for some time.  It came to me in March of 2021.  I bought an 85 inch Samsung TV for +/- $3,200.   Say you add another $1,000 for surround sound and you get to $4,200.  Hubs, remote, Sonos, install and I was in for $8,000.  This was quite a leap for me in terms of size and cost.  I’d never had more than one television in my house and my largest was 52 inches.  I thought THAT was huge.

 

With today’s pricing, the same thing would cost $6,000.

 

At approximately the same time, the Bills and other franchises were talking about $1.2 to 2.0 billion stadiums for 8 to 12 games a year.  Sure, that cost is amortized over 20 years, but it remains huge relative to usage.

 

Football is a made for television sport.   With multiple game options, sponsorship and advertising money, slow motion, instant replay, split screens, freeze frame,  high definition, and fantasy interest, you have a great product for broadcast.

 

It occurred to me that the league could build four stadiums in a destination city and play four games at 1 pm, 4 pm and 8 pm on a Sunday.   That’s 12 of the sixteen played each week.  Toss in Monday and Thursday, and you could get a full schedule played in each week for the cost of four stadiums.  The economics seemed compelling to me.   You may decide building 40,000 seat arenas makes sense and sell “all day” packages for one, two or three games.  Let’s say the league chose Las Vegas with all of its entertainment, dining, resort and gambling.  I see substantially more revenue and substantially less cost.

 

The obstacle in my mind was fandom and team loyalty.   The Buffalo Bills, and its Mafia, have Buffalo.  How would that translate if the “Buffalo Bills” played in Las Vegas?  Not perfectly and you’d have fallout.

 

Now, I see this.   There would have to be a transition period, but I can see the Bills becoming the Apple iBills, or the Nokia Bills.  There’d be grumbling and you’d lose some interest.  But, like most things, there’d be an evolution.  There are 8 billion people in the world to find replacement interest among fans content to stay home, pay less, lose the tailgate experience, and watch the world’s first essentially all broadcast sport.

 

Ladies and gentleman, enjoy your living room and home entertainment system (with it’s smart home, work from home, concert, movie and news capabilities) presented by the suddenly much more profitable and valuable World Football League.  The arena would have fast food, fine dining, casinos and concert halls. Today’s game features the Apple iBillls vs Volkswagon Fahrvergnugens.

Edited February 18 by Neo

[In Summary]

Multi-year plan to build a team? No. Quarterly earnings and CEOs with short-term thinking.

[boater]

Heh. The high book value teams, the Cowboys and the Redskins, could be traded on the NASDAQ. Or at least the OTC market.

 

And why is the book value of the Redskins so high. They have sucked for a couple of decades now.

[benderbender]

[Malazan]

2 minutes ago, benderbender said:

Everything you read on the internet is true!

[HardyBoy]

1 hour ago, benderbender said:

 

Wait, I'm allowed to gamble on the WWE?

[Saxum]

1 hour ago, boater said:

Heh. The high book value teams, the Cowboys and the Redskins, could be traded on the NASDAQ. Or at least the OTC market.

 

And why is the book value of the Redskins so high. They have sucked for a couple of decades now.

 

The reason why WTF book value is so high is due to mismanagement which under right management with sufficient changes would be much, much more valuable.  Almost all of $nyder's actions took value away from team.   It of all of the NFL has the largest capability of increasing value.