Is MB Cheap really?

[Whatever]

(09-04-2019, 11:35 AM)I_C_DeadPeople Wrote: No. The measure is the VALUE of the business and Mikey has his team's value in the bottom 2 or 3 in the league due to his approach to running it. If the Brown family were to sell today they would receive up to 1 Billion less then they would have if they had run it better. And, BTW, if they had run it better they would also make more money annually - more demand for the brand and product. 

Katie once said 'running an NFL team is really hard" which is a ***** joke, it is the easiest business to run. the Revenue side is all but guaranteed and the highest part of your expenses (player salaries) are capped and capped well below the guaranteed revenue. The NFL is a business gift. 

No 'normal' business has guaranteed revenue and capped expenses - you have to fight for revenue and control expenses. 

That doesn't really make sense.  People mistakenly assume that Mikey inherited the Lion's share of the Bengals when in reality, he inherited 51%.  He's been buying the rest up over time.  He would basically have to double the value of the franchise to make the same money on a sale in your example, but why would he want to increase the franchise value and drive up the cost of the shares he's trying to buy on himself?  The smart business play is to consolidate ownership first, then reinvest to drive up the value.