Newsflash: Attendance means very little anymore

[grampahol]

(12-05-2018, 12:58 PM)Hoofhearted Wrote: Reds are now worth 1 billion. Forbes breaks down the Reds $1 billion in value this way: 44% from the worth of the sport overall, 30% from the city of Cincinnati and surrounding area market size, 18% from the stadium and just 8% depends on the Reds specific brand.

The Reds also got a new deal with FSO. Since Bob has bought this team, he's almost doubled his investment from 2006.

Those teams values do not yet account for the impact of legalized gambling. If they cannot spend more than 150 million on payroll, they I don't see when we ever will.

Estimated value of the team is not exactly the same as willingness to spend nor ability to spend. Just because your home is valued at a million bucks doesn't mean you have a million bucks to just spend on whatever your heart desires. We as fans need to be careful when trying to equate estimated value with willingness and ability to spend ..especially when thinking about a bidding war with much more valuable teams like the Yankees for example . Still, it does get old listening to a billionaire poor mouthing constantly ..