Bengals v. Hamilton County - Square Off

[*TheLeonardLeap*]

(Yesterday, 09:51 AM)ERIC1 Wrote: Rams are the 3rd most valuable  sports franchise in the world

Yes, because they own a $5.5b stadium. Look at the list of the most valuable teams, and they own the stadium they're in.

Valuation is not the same thing as profitability though. If you have a $5.5b expense, it'll take awhile before you pay off that debt. 

Simplified example... You open up a small business. You have $50k, you get a loan for another $200k and you put it all towards a building and equipment. You now have a business that's worth $250k. Next door there's a smaller business that has a building and equipment worth only $100k, but they have no debts because they've been operating for a long time now and have already paid it all off and made back their initial stake. On the first day you pull in $1k and the smaller business pulls in $500. You are not profitable yet, because you spent $250k that you haven't made back yet and still need another $249k. They ARE profitable because they already made back their initial investments and paid off their debts and the $500 is pure profit despite being less than what you brought in.