Would you switch places with an NFL owner? (1 Viewer)

[az_prof]

You would risk your home. You would get to have the team play in your home stadium because the public spent most of the money to build the stadium. If the team loses money, you lose your home. You get to hire the GM and/or HC and you will get a stadium suite with all the best food and drink. O yeah, if you want to hang out in locker room or on the field, feel free. And if you think the HC sucks, you can fire him.

Your revenue will be limited to 40% of the profits; the players earn 60%.

 

[Warpig]

Where do I sign up?

 

[QuizGuy66]

Voted yes. But then again, I rent.

-QG

 

[ponchsox]

I look at what Bob Kraft did with the Patriots as the model to building a successful NFL franchise in terms of winning and building wealth. When he bought the team, the franchise was a mess. Bad team, poor marketability, horrible stadium. Now the Patriots are I believe the fourth most valuable NFL franchise. They have a superstar QB, the best coach, and top notch facilities.

 

[The_Underachiever]

I look at what Bob Kraft did with the Patriots as the model to building a successful NFL franchise in terms of winning and building wealth. When he bought the team, the franchise was a mess. Bad team, poor marketability, horrible stadium. Now the Patriots are I believe the fourth most valuable NFL franchise. They have a superstar QB, the best coach, and top notch facilities.

h3ll-to-the-yea

 

[Darth Cheney]

No brainer....sure.

 

[JbizzleMan]

Aren't owners rich BEFORE they become NFL team owners? Is this assuming that I'm already loaded and can float the team for a few years without turning a profit at first?

 

[VT700GUY]

I look at what Bob Kraft did with the Patriots as the model to building a successful NFL franchise in terms of winning and building wealth. When he bought the team, the franchise was a mess. Bad team, poor marketability, horrible stadium. Now the Patriots are I believe the fourth most valuable NFL franchise. They have a superstar QB, the best coach, and top notch facilities.

All you have to do is find a first ballet hall of famer QB in the 6th round and you'll be all set

 

[ponchsox]

I look at what Bob Kraft did with the Patriots as the model to building a successful NFL franchise in terms of winning and building wealth. When he bought the team, the franchise was a mess. Bad team, poor marketability, horrible stadium. Now the Patriots are I believe the fourth most valuable NFL franchise. They have a superstar QB, the best coach, and top notch facilities.

All you have to do is find a first ballet hall of famer QB in the 6th round and you'll be all set

Thank Mo Lewis of the Jets for this!

 

[Chaka]

You have to work really hard to lose money as an NFL owner.

 

[ponchsox]

You have to work really hard to lose money as an NFL owner.

Dan Snider has worked really hard to suck year after year while spending tons of money on washed up free agents.

 

[Raiderfan32904]

Why not?

The late George Steinbrenner put up just $150K of the $10 million it cost to buy the Yankees back in the 70's, and now it’s worth over a billion dollars.

Now that’s gangsta!

 

[Chaka]

You have to work really hard to lose money as an NFL owner.

Dan Snider has worked really hard to suck year after year while spending tons of money on washed up free agents.

But has he lost money?

 

[MIMN]

The franchise is only worth my house? How many owners of the Lions can we have!?

 

[sho nuff]

If its a real NFL team...hell yes.

If its the Lions. No thank you.

 

[RespektMyGangsta]

Is this some kind of a joke?!? There are only 2 answers to this: 1) Hell to the Yes! 2) #### yea!

 

[RespektMyGangsta]

Why not? The late George Steinbrenner put up just $150K of the $10 million it cost to buy the Yankees back in the 70's, and now it’s worth over a billion dollars. Now that’s gangsta!

gangstaaaaaaah

 

[Modog814]

Voted yes, but your options are flawed. You're missing the "Yes, it's risky but it's a chance of a lifetime and worth the gamble"

 

[Jagov]

I would do this in a second ... NFL owner is like printing money

I look at what Bob Kraft did with the Patriots as the model to building a successful NFL franchise in terms of winning and building wealth. When he bought the team, the franchise was a mess. Bad team, poor marketability, horrible stadium. Now the Patriots are I believe the fourth most valuable NFL franchise. They have a superstar QB, the best coach, and top notch facilities.

Bob and Bill also have a bunch of used cameras laying around that helped contribute to that "value"

 

[GregR_2]

You would risk your home. You would get to have the team play in your home stadium because the public spent most of the money to build the stadium. If the team loses money, you lose your home. You get to hire the GM and/or HC and you will get a stadium suite with all the best food and drink. O yeah, if you want to hang out in locker room or on the field, feel free. And if you think the HC sucks, you can fire him.Your revenue will be limited to 40% of the profits; the players earn 60%.

$1B of most kinds of revenue are held back to help offset expenses. (I believe there are a few types of revenue not included though I couldn't tell you off the top of my head what those are... it might include concessions or something like that.) Last year after subtracting out that $1B, there were about $8B left that was split 60/40 between players and owners, with players getting the bigger share. If you want to talk about the owner's profits, you still have to subtract out of their 40% any expenses that were not covered by their share of the $1B that was held out. This normally is a pretty large amount overall, especially as more owners are financing their own stadiums and upgrades and such. For example, the Packers release their finances as they are a publicly held company. Last year their profit from operations was $9.8 million. Including investments the team made the final net income was $5.2 million. The year before they had made $20m from operations and had a final net income of $4m. By comparison, Packers players made $161m last year and $139m the year before. One article mentioned that over the last 4 years the Packers player salary grew 11%, but revenues only grew 5.5%.So it isn't like each owner is necessarily pocketing a hundred million each year from football operations. A lot of his gain is not in profit but is in the value of the team increasing over time. The best players in the league may be getting paid as much as the owners. Whenever there is an investment being made to grow the league's revenues (building or upgrading stadiums, launching new ventures like the Packers hall of fame thing, etc), all of that investment ends up coming out of the owners share, and the players get 60% of the revenue before the owner even gets to start making up what he invested in it.I don't know that I find anything interesting in asking if I'd risk what is obviously a much less valuable house for what is very likely to be a much higher amount of income. Though if the year this happen is 2011 I'd pass because of the likely lockout.A much more interesting poll to me would be whether you'd rather get Brady or Manning's paycheck, or an owner's profit from operations (not including selling the team). In that case, it would definitely depend on the team. One of the top revenue teams I might go with the team, but otherwise I'd quite possibly take the player.

 

[DoubleG]

If its a real NFL team...hell yes.If its the Lions. No thank you.

Actually the Lions have a fantastic stadium. They NEED us to unMatt Millen things. They will win >2 games this year (and no, not because they play the Bears twice.).

 

[wudaben]

YES! Al Davis step aside... no way I could do worse then that guy lately!

 

[sho nuff]

If its a real NFL team...hell yes.If its the Lions. No thank you.

Actually the Lions have a fantastic stadium. They NEED us to unMatt Millen things. They will win >2 games this year (and no, not because they play the Bears twice.).

Even with that fantastic stadium they were dead last in NFL revenue last year.The other teams on the bottom of that list are there because of being bad and/or having a bad stadium deal.I would not want the Vikings right now given their stadium situation. Its terrible. Its why there are talks or threats of moving. Because they have been near the bottom of the league in revenues for several years now because of it.Look at the top teams on that forbes list for revenue...while they are good teams, they all have relatively new stadiums with nice deals for the team (Dallas, NE, Houston, Indy, Chicago, Denver, Philly, Baltimore, Washington).Why do you think Green Bay is at 14 in revenue? Redoing that stadium and pumping up the amount of revenue as much as possible in as many ways as possible.Huge reason Bob Harlan was so good at his job and Mark Murphy has done quite well in keeping it up for them.

 

[az_prof]

If its a real NFL team...hell yes.If its the Lions. No thank you.

Actually the Lions have a fantastic stadium. They NEED us to unMatt Millen things. They will win >2 games this year (and no, not because they play the Bears twice.).

Even with that fantastic stadium they were dead last in NFL revenue last year.The other teams on the bottom of that list are there because of being bad and/or having a bad stadium deal.I would not want the Vikings right now given their stadium situation. Its terrible. Its why there are talks or threats of moving. Because they have been near the bottom of the league in revenues for several years now because of it.Look at the top teams on that forbes list for revenue...while they are good teams, they all have relatively new stadiums with nice deals for the team (Dallas, NE, Houston, Indy, Chicago, Denver, Philly, Baltimore, Washington).Why do you think Green Bay is at 14 in revenue? Redoing that stadium and pumping up the amount of revenue as much as possible in as many ways as possible.Huge reason Bob Harlan was so good at his job and Mark Murphy has done quite well in keeping it up for them.

See, I would love to own the Vikings. How would I get a new stadium? I would model my franchise after the Packers ownership and while I would be lead owner, 51% of the ownership would be local and public. This would ensure the team would never leave. Then I would propose a stadium proposal in which the team would pledge to play in the stadium for 30 plus years or we would have to pay back the cost of the public financing. This also would show the public that we are a community team not a private team looking to profit off the public.I bet you anything I could get a stadium built.

 

[Limp Ditka]

The McCaskey's and Ted Phillips can assbackwards themselves by turning the Chicago Bears, who have the largest unshared market in the league, into what is called a "financial flatliner" and the estimated value of the franchise is still approx $1B.

I vote yes.

 

[QuizGuy66]

can we pick the owner, cuz I'd switch places with Mike Brown so the Bengals will finally hire a GM.

-QG