Buffalo Bills valued at $850 million according to Forbes
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Re: Buffalo Bills valued at $850 million according to Forbes
Originally posted by bdutton View Posthttp://www.forbes.com/pictures/mlm45...buffalo-bills/
Not bad considering the franchise was started with what... $50,000?
They still have us ranked 3rd from last in the league at number 30.
No surprise there I guess.
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Re: Buffalo Bills valued at $850 million according to Forbes
Originally posted by bdutton View PostNot bad considering the franchise was started with what... $50,000?
I bet that piece of crap has it borrowed against so that is why it has to be sold when he thankfully dies.
Has he made any money outside of the Bills?
Oh, remember he wanted the AFL Miami franchise, did not get it and was disappointed he only got Buffalo?
Can you imagine if he would have survived with his incompetence in Miami?
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Re: Buffalo Bills valued at $850 million according to Forbes
i thnk the last 10 years it was valued at 650-770mm...$850 is a high number, but i think it's unfair that tampa and miami and all these other teams with low turnout get the valuation. because they are hurting for ticket sales. yeah, they have potential if they can get the fan base excited, they have a bigger pie to exploit. but with fanbases being more nationally spreadout, i think if you build a strong brand, peopel buy the gear, come to the games, etc.
i think buffalo should get a valuation in the middle of the NFL teams while teams with no brand and low fan support, should be valued a lot less.
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Re: Buffalo Bills valued at $850 million according to Forbes
ralph is loaded and cheapOne set of rules for all in the beloved community
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Re: Buffalo Bills valued at $850 million according to Forbes
Originally posted by NaturalBornSpiller View PostIf we got a new stadium somehow that number would double. Even the renovations should help raise that number, I would assume.
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Re: Buffalo Bills valued at $850 million according to Forbes
Originally posted by NaturalBornSpiller View PostIf we got a new stadium somehow that number would double. Even the renovations should help raise that number, I would assume.
Only if the team owned the stadium. The Redskins, Patriots and Cowboys are some of the most expensive franchises in sports, not just the NFL, because they own the building as well
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Re: Buffalo Bills valued at $850 million according to Forbes
And that is also driven by other uses of the stadium. Buffalo is tough because using the facility more than 20-25 times a year would be a challenge. ( that includes NFL games)
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Re: Buffalo Bills valued at $850 million according to Forbes
The second and more telling aspect of the business in terms of how we're able to operate between now and whenever Ralph sells is profitibility. On that metric, according to this article the Bills made an operating profit of $12.6 million last year. Compare that to the Cowboys, who pocketed $250M, or the Patriots at $139M.
As expected, we're securely in the bottom 5 in terms of profit. But it's not purely a market thing; San Fran actually made less money, and Detroit LOST $3.5M. Things like wages and stadium costs can outpace revenues even if you make a lot more. And if you don't make a lot, obviously the margins are going to be even tighter.
Any way you cut it, it puts some perspective on what the team is able to do with wages, as well contribute towards a new stadium. Would be interesting to know if that's a standard operating profit for the Bills.Wake up, brush your teeth, and get ready for a day of hating the Dolphins. Or the Pats? How to choose?
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