Is MB Cheap really?

[I_C_DeadPeople]

(09-04-2019, 12:22 PM)Whatever Wrote: 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.  

And since he bought up all the shares we have really seen him invest haven't we? LOL

The old Mikey is buying the shares cheap argument is very very old. I dont expect everyone to get how a business is valued but it is what i do for a living. 

Think of it this way - if Mikey sold out to a guy like Kraft who then hired the right people and built a decade of high level winning, what do you think the franchise would then be worth? Would it still be 30th?