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Not sure if there is a 50 posts rule, but hopefully you all remember me from the other board.
I just saw that Forbes came out with their yearly valuation of sports franchises. The Bengals are now valued at almost $1.5 billion... that is $400 million more than last year. I guess it is good to be an NFL owner...
http://www.forbes.com/teams/cincinnati-bengals/
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(09-14-2015, 04:36 PM)OrlandoBengal Wrote: Not sure if there is a 50 posts rule, but hopefully you all remember me from the other board.
I just saw that Forbes came out with their yearly valuation of sports franchises. The Bengals are now valued at almost $1.5 billion... that is $400 million more than last year. I guess it is good to be an NFL owner...
http://www.forbes.com/teams/cincinnati-bengals/
Ho-hum, just another half billion in equity. Still can't afford to waste money on the nonsense that is a practice facility though.
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The economic inequality in this country is a big problem.
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(09-14-2015, 04:55 PM)Wes Mantooth Wrote: Ho-hum, just another half billion in equity. Still can't afford to waste money on the nonsense that is a practice facility though.
Agreed. The concept designs of practice facilities for some teams around the league look awesome. Plus have a lot of extra things for the fans during camp. Oh well, gotta make due with what's there I guess.
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(09-14-2015, 05:01 PM)CornerBlitz Wrote: The economic inequality in this country is a big problem.
Socialist! Get him! (Grabs pitchfork)
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(09-14-2015, 04:36 PM)OrlandoBengal Wrote: Not sure if there is a 50 posts rule, but hopefully you all remember me from the other board.
I just saw that Forbes came out with their yearly valuation of sports franchises. The Bengals are now valued at almost $1.5 billion... that is $400 million more than last year. I guess it is good to be an NFL owner...
http://www.forbes.com/teams/cincinnati-bengals/
Can't say I remember you, but I cetainly remember that photo to the left of your post!
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(09-14-2015, 04:36 PM)OrlandoBengal Wrote: Not sure if there is a 50 posts rule, but hopefully you all remember me from the other board.
I just saw that Forbes came out with their yearly valuation of sports franchises. The Bengals are now valued at almost $1.5 billion... that is $400 million more than last year. I guess it is good to be an NFL owner...
http://www.forbes.com/teams/cincinnati-bengals/
Doesn't really matter. It's only a hypothetical value if the team were sold today and doesn't really take into account the fact that no one is going to pay that much. When it comes down to it, something is only worth what someone else is able and willing to pay for it, and not a dime more.
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(09-14-2015, 09:09 PM)BengalChris Wrote: Doesn't really matter. It's only a hypothetical value if the team were sold today and doesn't really take into account the fact that no one is going to pay that much. When it comes down to it, something is only worth what someone else is able and willing to pay for it, and not a dime more.
Or what the owner is willing to sell it for.
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(09-14-2015, 09:09 PM)BengalChris Wrote: Doesn't really matter. It's only a hypothetical value if the team were sold today and doesn't really take into account the fact that no one is going to pay that much. When it comes down to it, something is only worth what someone else is able and willing to pay for it, and not a dime more.
Sports teams rarely come up for sale. Most times they exceed expectations... remember when the Clippers sold for $2 billion?
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(09-14-2015, 05:01 PM)CornerBlitz Wrote: The economic inequality in this country is a big problem.
Yep. We need more entrepreneurs.
To each his own... unless you belong to a political party...
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Bah, if only I could do things over again I would have been born to a family that owns an NFL team instead of some stupid factory worker and his wife!
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(09-14-2015, 09:19 PM)Brownshoe Wrote: Or what the owner is willing to sell it for.
Who would sell an NFL team? It's like killing the goose that lays golden eggs!
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(09-14-2015, 09:09 PM)BengalChris Wrote: Doesn't really matter. It's only a hypothetical value if the team were sold today and doesn't really take into account the fact that no one is going to pay that much. When it comes down to it, something is only worth what someone else is able and willing to pay for it, and not a dime more.
Thats all any appraisal or valuation is. If an appraiser establishes a value for your house then its purely hypothetical. However, valuations are done by appraisers to set a market value that can be used in the event of damage or total loss for insurance purposes.
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(09-16-2015, 01:16 AM)Nately120 Wrote: Who would sell an NFL team? It's like killing the goose that lays golden eggs!
That's what I mean. If the owner values it more than what someone is willing to buy it, then that's it's value. It's not always what another person would pay for it.
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(09-16-2015, 01:12 AM)Nately120 Wrote: Bah, if only I could do things over again I would have been born to a family that owns an NFL team instead of some stupid factory worker and his wife!
There's your problem right there!
Either that or you've needed to take more risk financially in order to target a high rate of return.
To each his own... unless you belong to a political party...
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(09-14-2015, 04:55 PM)Wes Mantooth Wrote: Ho-hum, just another half billion in equity. Still can't afford to waste money on the nonsense that is a practice facility though.
I havent heard 1 player complain about that though.... they are more manly than the fans i guess.
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(09-16-2015, 01:12 AM)Nately120 Wrote: Bah, if only I could do things over again I would have been born to a family that owns an NFL team instead of some stupid factory worker and his wife!
Didn't Katie complain to some fans about how hard it is to run a team? Like really really really super hard.
“History teaches that grave threats to liberty often come in times of urgency, when constitutional rights seem too extravagant to endure.”-Thurgood Marshall
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(09-16-2015, 01:16 AM)Nately120 Wrote: Who would sell an NFL team? It's like killing the goose that lays golden eggs!
I think the only way you sell a team is if an owner dies and the heirs can't decide on an ownership strategy going forward. Maybe one of them gets caught up in some SEC scandal or something of that nature? Oh wait... nothing ever actually happens to those guys, so that would not be a reason...
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(09-16-2015, 12:18 PM)OrlandoBengal Wrote: I think the only way you sell a team is if an owner dies and the heirs can't decide on an ownership strategy going forward. Maybe one of them gets caught up in some SEC scandal or something of that nature? Oh wait... nothing ever actually happens to those guys, so that would not be a reason...
Oh I know, only a BIG-10 scandal would happen around here. Let's hope, fingers crossed.
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(09-16-2015, 12:08 PM)michaelsean Wrote: Didn't Katie complain to some fans about how hard it is to run a team? Like really really really super hard.
im sure it is..... no one here can say it isnt.
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