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1736 clicks; posted to Sports » on 18 Dec 2017 at 12:27 AM (9 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2017-12-17 08:05:29 PM  
Original Tweet:

 
2017-12-17 08:19:33 PM  
We should pool our money...
 
2017-12-17 08:20:48 PM  
Given it costs 600 million to move a team, I'm very curious what it costs to buy a team.

I'll take a guess at 1.3 billion.
 
2017-12-17 08:29:25 PM  
On Craigslist?
 
2017-12-17 08:38:46 PM  
will you take Bit Coin?
 
2017-12-17 09:09:20 PM  
No, thanks.
I'm part-owner of a team already.
 
2017-12-17 09:21:58 PM  
img.fark.netView Full Size
 
2017-12-17 09:31:36 PM  

abhorrent1: [img.fark.net image 525x352]


His net worth is over $800M, but he's going to need a partner(s).
 
2017-12-17 10:54:54 PM  

Gubbo: Given it costs 600 million to move a team, I'm very curious what it costs to buy a team.

I'll take a guess at 1.3 billion.


For the Panthers?  I've got $23.50.
 
2017-12-17 10:57:24 PM  
Vince McMahon.
 
2017-12-17 10:59:57 PM  
Tell Trump he can buy it if he resigns.
 
2017-12-17 11:01:02 PM  

Gubbo: Given it costs 600 million to move a team, I'm very curious what it costs to buy a team.

I'll take a guess at 1.3 billion.


According to Forbes the Panthers are worth 2.3B. Not sure how they get that number thoug.
 
2017-12-17 11:02:31 PM  
I'm interested but it seems like they wouldn't let me sexually harass women.  Interviewing to potentially run Miramax tomorrow, gonna see how that goes
 
2017-12-17 11:02:51 PM  

abhorrent1: Gubbo: Given it costs 600 million to move a team, I'm very curious what it costs to buy a team.

I'll take a guess at 1.3 billion.

According to Forbes the Panthers are worth 2.3B. Not sure how they get that number thoug.


2.3??? Bloody hell. Off by an entire billion at least in my guess.
 
2017-12-17 11:05:16 PM  

Gubbo: abhorrent1: Gubbo: Given it costs 600 million to move a team, I'm very curious what it costs to buy a team.

I'll take a guess at 1.3 billion.

According to Forbes the Panthers are worth 2.3B. Not sure how they get that number thoug.

2.3??? Bloody hell. Off by an entire billion at least in my guess.


Yeah, mediocre NBA teams are drawing 1.3 or better.  I think once bidding starts, they'll probably end up drawing even better than 2.3
 
2017-12-17 11:06:29 PM  
Maybe we could convince Trump to resign and return to the private sector for this yuuuuuuge opportunity in the private sector?
cdn-s3.si.comView Full Size
 
2017-12-17 11:06:53 PM  

Naido: Gubbo: abhorrent1: Gubbo: Given it costs 600 million to move a team, I'm very curious what it costs to buy a team.

I'll take a guess at 1.3 billion.

According to Forbes the Panthers are worth 2.3B. Not sure how they get that number thoug.

2.3??? Bloody hell. Off by an entire billion at least in my guess.

Yeah, mediocre NBA teams are drawing 1.3 or better.  I think once bidding starts, they'll probably end up drawing even better than 2.3


Might be an issue for owners in the next CBA. If they are claiming poverty and barely making a profit on their teams, while able to sell them for 2.3 billion, people might realise that they are lying.
 
2017-12-17 11:09:43 PM  
Three fifty.
 
2017-12-17 11:16:49 PM  

Gubbo: Naido: Gubbo: abhorrent1: Gubbo: Given it costs 600 million to move a team, I'm very curious what it costs to buy a team.

I'll take a guess at 1.3 billion.

According to Forbes the Panthers are worth 2.3B. Not sure how they get that number thoug.

2.3??? Bloody hell. Off by an entire billion at least in my guess.

Yeah, mediocre NBA teams are drawing 1.3 or better.  I think once bidding starts, they'll probably end up drawing even better than 2.3

Might be an issue for owners in the next CBA. If they are claiming poverty and barely making a profit on their teams, while able to sell them for 2.3 billion, people might realise that they are lying.


I'm not smart enough to know how valuations work. Seems odd that a team with 380M in revenue would be worth 2.3B. Is 5-6 times revenue normal?
And  I'm not sure if that revenue is before or after operating costs either so.

Here's their list though
http://www.kansascity.com/sports/spt-​c​olumns-blogs/red-zone/article173950386​.html
 
2017-12-17 11:28:49 PM  

abhorrent1: Gubbo: Naido: Gubbo: abhorrent1: Gubbo: Given it costs 600 million to move a team, I'm very curious what it costs to buy a team.

I'll take a guess at 1.3 billion.

According to Forbes the Panthers are worth 2.3B. Not sure how they get that number thoug.

2.3??? Bloody hell. Off by an entire billion at least in my guess.

Yeah, mediocre NBA teams are drawing 1.3 or better.  I think once bidding starts, they'll probably end up drawing even better than 2.3

Might be an issue for owners in the next CBA. If they are claiming poverty and barely making a profit on their teams, while able to sell them for 2.3 billion, people might realise that they are lying.

I'm not smart enough to know how valuations work. Seems odd that a team with 380M in revenue would be worth 2.3B. Is 5-6 times revenue normal?
And  I'm not sure if that revenue is before or after operating costs either so.

Here's their list though
http://www.kansascity.com/sports/spt-c​olumns-blogs/red-zone/article173950386​.html


The wealthy don't buy teams to turn maximum profit, most teams are horrible for that relative to a lot of other businesses.  They buy teams to join an exclusive club, sit in owners' boxes/courtside, be seen on TV, etc.  Then players point to franchise values while owners point to either scant profits or in many cases actual losses during negotiations.  The players are hurt further by the owners' not having to rely on the team for their money while most of the players can't go long at all without a paycheck in the event of a work stoppage. Sorry to go on, I'm an ex-union guy and find this stuff fascinating
 
2017-12-17 11:34:03 PM  

Naido: The wealthy don't buy teams to turn maximum profit, most teams are horrible for that relative to a lot of other businesses.  They buy teams to join an exclusive club, sit in owners' boxes/courtside, be seen on TV, etc.  Then players point to franchise values while owners point to either scant profits or in many cases actual losses during negotiations.  The players are hurt further by the owners' not having to rely on the team for their money while most of the players can't go long at all without a paycheck in the event of a work stoppage. Sorry to go on, I'm an ex-union guy and find this stuff fascinating


In this case, the owners can't actually point to losses. the only financials that get released are the Packers, who are making a healthy profit.

I would love to see the numbers. I'd love to see if some owner could actually make a loss (after stripping out salary paid to family members because really, does your nephew really need $500k a year to supervise the unpaid intern who runs the twitter account).
 
2017-12-17 11:43:59 PM  

Naido: abhorrent1: Gubbo: Naido: Gubbo: abhorrent1: Gubbo: Given it costs 600 million to move a team, I'm very curious what it costs to buy a team.

I'll take a guess at 1.3 billion.

According to Forbes the Panthers are worth 2.3B. Not sure how they get that number thoug.

2.3??? Bloody hell. Off by an entire billion at least in my guess.

Yeah, mediocre NBA teams are drawing 1.3 or better.  I think once bidding starts, they'll probably end up drawing even better than 2.3

Might be an issue for owners in the next CBA. If they are claiming poverty and barely making a profit on their teams, while able to sell them for 2.3 billion, people might realise that they are lying.

I'm not smart enough to know how valuations work. Seems odd that a team with 380M in revenue would be worth 2.3B. Is 5-6 times revenue normal?
And  I'm not sure if that revenue is before or after operating costs either so.

Here's their list though
http://www.kansascity.com/sports/spt-c​olumns-blogs/red-zone/article173950386​.html

The wealthy don't buy teams to turn maximum profit, most teams are horrible for that relative to a lot of other businesses.  They buy teams to join an exclusive club, sit in owners' boxes/courtside, be seen on TV, etc.  Then players point to franchise values while owners point to either scant profits or in many cases actual losses during negotiations.  The players are hurt further by the owners' not having to rely on the team for their money while most of the players can't go long at all without a paycheck in the event of a work stoppage. Sorry to go on, I'm an ex-union guy and find this stuff fascinating


Everyone always talks about how it's all about money. I agree though it doesn't seem like a good business to be in if you're looking to make a lot of money.

If you're bringing in 350M a year revenue and you have 150M in player only payroll... Then you have to pay for coaches, GMs, other staff, facilities, transportation etc. I can see how they may not be making much.

I'm by no means playing a violin for these billionaires. Like you said maybe it's just a status symbol and they don't really care as much about the money as they do about the dick wagging contest to be able to say their team is worth more than your team. But everyone always says it's about greedy owners and the bottom line.
 
2017-12-18 12:23:20 AM  
The Simpsons - The Denver Broncos
Youtube xpOY4u8hL_E
 
2017-12-18 12:34:29 AM  
Book coming out in 2028:
How Diddy Lost all his Money
 
2017-12-18 12:47:53 AM  
I'll buy it for twelve dollars and a high-five.
 
2017-12-18 12:55:43 AM  
Roger Waters, probably.
 
2017-12-18 12:59:36 AM  

Torgo_of_Manos: We should pool our money...


The Fark.com UFIA Panthers of Carolina.
 
2017-12-18 01:01:09 AM  

Olympic Trolling Judge: Torgo_of_Manos: We should pool our money...

The Fark.com UFIA Panthers of Carolina.


We can tell Newton he can have his own tag. He'll like that.
 
2017-12-18 01:02:16 AM  
Oklahoma City Panthers
Portland Panthers
San Diego Panthers
Oakland Panthers
San Antonio Panthers
Orlando Panthers

Hmmmm.....
 
2017-12-18 01:11:30 AM  

Rand Paul's Anus is Leaking: Oklahoma City Panthers
Portland Panthers
San Diego Panthers
Oakland Panthers
San Antonio Panthers
Orlando Panthers

Hmmmm.....


I seriously doubt any new owner would move the team.
 
2017-12-18 01:14:59 AM  

The Bestest: Rand Paul's Anus is Leaking: Oklahoma City Panthers
Portland Panthers
San Diego Panthers
Oakland Panthers
San Antonio Panthers
Orlando Panthers

Hmmmm.....

I seriously doubt any new owner would move the team.


Why not Los Angeles? They only have two teams, they could use another three or so.
 
2017-12-18 01:26:35 AM  
i.imgur.comView Full Size


He has expressed interest in the idea.
 
2017-12-18 01:51:14 AM  
This isn't a voluntary sale.  Following this weekend's allegations, the Ginger Hammer told Richardson it was time to go.  Rather than Goodell forcing a sale (as he can under the NFL Constitution and Bylaws) however, he's obviously been working behind the scenes this weekend to show Richardson the door.

Gubbo: Given it costs 600 million to move a team, I'm very curious what it costs to buy a team.

I'll take a guess at 1.3 billion.


That might get you half of one.  I'm guessing the Panthers will fetch between $2.5 and $3 billion when all's said and done.

Rand Paul's Anus is Leaking: Oklahoma City Panthers
Portland Panthers
San Diego Panthers
Oakland Panthers
San Antonio Panthers
Orlando Panthers

Hmmmm.....


Not this one.  Richardson owns the stadium along with the team.  All the revenue streams are his already.  Consequently, in order to get a potential owner to even think about relocating, another municipality would have to agree to build a brand-new stadium, fund it entirely themselves, build it to the owner's specifications, then hand over the deed to it when finished.
 
2017-12-18 01:54:47 AM  

mactheknife: This isn't a voluntary sale.  Following this weekend's allegations, the Ginger Hammer told Richardson it was time to go.  Rather than Goodell forcing a sale (as he can under the NFL Constitution and Bylaws) however, he's obviously been working behind the scenes this weekend to show Richardson the door.


Accidental good fortune. This is the absolute top of the market. When the TV contracts renegotiate downward, the values of teams will start to fall. Within 5 years, the values will be plummeting.
 
2017-12-18 02:58:23 AM  

Olympic Trolling Judge: Torgo_of_Manos: We should pool our money...

The Fark.com UFIA Panthers of Carolina.


Dude we couldn't even get the arena for one day.

If Diddy gets in on the deal think of all the merch sales Farker will change the name of the team every other year.
 
2017-12-18 03:14:39 AM  

Ishkur: Roger Waters, probably.


He's got a new car, caviar, day dream.  He should buy a football team.
 
2017-12-18 04:16:54 AM  
Didn't Trump buy in to the USFL because the NFL wouldn't have him?

Think they might change their mind if it would save us all from getting nuked to death?  Nah, they still probably wouldn't.
 
2017-12-18 05:44:04 AM  

Rand Paul's Anus is Leaking: Oklahoma City Panthers
Portland Panthers
San Diego Panthers
Oakland Panthers
San Antonio Panthers
Orlando Panthers

Hmmmm.....


img.fark.netView Full Size
 
2017-12-18 05:48:28 AM  

lindalouwho: abhorrent1: [img.fark.net image 525x352]

His net worth is over $800M, but he's going to need a partner(s).


Mark Cuban and Jay Z would probably be interested.
 
2017-12-18 06:06:22 AM  

sirrerun: Rand Paul's Anus is Leaking: Oklahoma City Panthers Kitties
Portland PanthersKitties
San Diego Panthers Kitties
Oakland Panthers Kitties
San Antonio Panthers Kitties
Orlando Panthers Kitties

Hmmmm.....

[img.fark.net image 850x478][View Full Size image _x_]


FTFY
 
2017-12-18 06:15:34 AM  

abhorrent1: [img.fark.net image 525x352][View Full Size image _x_]


As a Panthers fan, I would support Diddy's purchase of the franchise.
 
2017-12-18 06:30:41 AM  
D*ck Diddy.  He says he will sign Kaepernick & make Newton fight to keep his spot.
 
2017-12-18 06:31:21 AM  

SFC Army Retired: D*ck Diddy.  He says he will sign Kaepernick & make Newton fight to keep his spot.


Fark Diddy even.  Dammit, I need sleep
 
2017-12-18 07:07:01 AM  

Tanqueray: mactheknife: This isn't a voluntary sale.  Following this weekend's allegations, the Ginger Hammer told Richardson it was time to go.  Rather than Goodell forcing a sale (as he can under the NFL Constitution and Bylaws) however, he's obviously been working behind the scenes this weekend to show Richardson the door.

Accidental good fortune. This is the absolute top of the market. When the TV contracts renegotiate downward, the values of teams will start to fall. Within 5 years, the values will be plummeting.


I dunno if accidental or if this is them learning from Donald Sterling and attempting to re-engineer.
 
2017-12-18 07:12:25 AM  

Naido: Gubbo: abhorrent1: Gubbo: Given it costs 600 million to move a team, I'm very curious what it costs to buy a team.

I'll take a guess at 1.3 billion.

According to Forbes the Panthers are worth 2.3B. Not sure how they get that number thoug.

2.3??? Bloody hell. Off by an entire billion at least in my guess.

Yeah, mediocre NBA teams are drawing 1.3 or better.  I think once bidding starts, they'll probably end up drawing even better than 2.3


The Rockets recently sold for 2.2 billion.
 
2017-12-18 07:22:28 AM  

BizarreMan: Tell Trump he can buy it if he resigns.


Where would he get the money?

/don't think Putin cares too much about the NFL.  An NHL team maybe
 
2017-12-18 07:24:34 AM  

abhorrent1: Gubbo: Given it costs 600 million to move a team, I'm very curious what it costs to buy a team.

I'll take a guess at 1.3 billion.

According to Forbes the Panthers are worth 2.3B. Not sure how they get that number thoug.


Price to earnings ratio?

NFL teams get 250 million dollars in TV money every year guaranteed. They own their own stadium and I'm not sure what their ticket net revenue is but it has to be over 100 million. Labor is contractually tied to 54 percent of gross revenue after expenses

This doesn't include licensing or merchandise fees.

NFL owners basically get 150 million dollars a year just for owning the team. So your investment pays for its self in 15 years? Not bad
 
2017-12-18 07:35:01 AM  
I'm still holding out hope that I can gay-marry Richardson and inherit the team when he dies and then try to move the team to a nicer place by stocking my roster with a bunch of guys who are way past their prime and some who never even had a prime and some who are dead well cross him off then and things will work out in the end for the misfits on my team.
 
2017-12-18 07:57:59 AM  

tommyl66: I'm still holding out hope that I can gay-marry Richardson and inherit the team when he dies and then try to move the team to a nicer place by stocking my roster with a bunch of guys who are way past their prime and some who never even had a prime and some who are dead well cross him off then and things will work out in the end for the misfits on my team.


Do they peel a section every time they win?
 
2017-12-18 08:06:19 AM  

dentalhilljack: tommyl66: I'm still holding out hope that I can gay-marry Richardson and inherit the team when he dies and then try to move the team to a nicer place by stocking my roster with a bunch of guys who are way past their prime and some who never even had a prime and some who are dead well cross him off then and things will work out in the end for the misfits on my team.

Do they peel a section every time they win?


No, since it's a poster of me they peel a section after every loss, to teach them that losing should be punished by having to see more of my fat ass. For some reason I hired a very smart manager.
 
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