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Old 10-28-2005, 02:45 PM  
BigRedChief BigRedChief is offline
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Chiefs team valued at $762 Million. 3 NFL teams worth over a Billion

The Kansas City Chiefs are owned by Lamar Hunt family, who bought them in 1960 for $25,000 are now worth $762 Million. 19th out of 32 teams.

The Chiefs took in $181 million in revenue. Had $100 million in player expenses.

3 teams are worth more than a Billion.

The link:
http://www.forbes.com/lists/2005/30/309072.html
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Old 10-28-2005, 02:47 PM   #2
Mr. Laz Mr. Laz is offline
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i wonder how they rank in yearly profit?
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Old 10-28-2005, 02:49 PM   #3
Donger Donger is online now
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WTF?

The skinny
The Denver Broncos are still paying the price for skirting the league's salary cap rules during the franchise's glory years. This year the team lost their third-round pick in the draft and will pay a $950,000 fine for undisclosed salary agreements made with select players from 1996 to 1998. The Broncos also had to surrender a third-round pick and pay a fine of slightly less than $1 million in 2001 under similar circumstances for contracts that were awarded for former Bronco quarterback John Elway and running back Terrell Davis.
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Old 10-28-2005, 02:52 PM   #4
Mr. Laz Mr. Laz is offline
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Quote:
Originally Posted by Donger
WTF?

The skinny
The Denver Broncos are still paying the price for skirting the league's salary cap rules during the franchise's glory years. This year the team lost their third-round pick in the draft and will pay a $950,000 fine for undisclosed salary agreements made with select players from 1996 to 1998. The Broncos also had to surrender a third-round pick and pay a fine of slightly less than $1 million in 2001 under similar circumstances for contracts that were awarded for former Bronco quarterback John Elway and running back Terrell Davis.
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Old 10-28-2005, 02:56 PM   #5
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Quote:
Originally Posted by Laz
Meh.

I've seen people mention that the Broncos 'cheated' back then, but I didn't know that they were punished.
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Old 10-28-2005, 02:58 PM   #6
BigRedChief BigRedChief is offline
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The skinny
Last November Kansas City area voters struck down a sales-tax proposal that would have provided the bulk of the revenue for a much-needed renovation for antiquated Arrowhead Stadium, which opened in 1972. The Chiefs, who operate the stadium for football games and some non-football events like soccer, need more revenue from suites and club seating to remain among the financial elite in the NFL. Look for wealthy Lamar Hunt to build a new stadium.


I'd sure like to know where Forbes gets this Lamar is going to build a new stadium info.......
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Old 10-28-2005, 03:08 PM   #7
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Washington, Dallas, and New England own their stadiums thus their values go up bc of that.
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Old 10-28-2005, 03:14 PM   #8
shaneo69 shaneo69 is offline
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Article on www.fairandbalancedkcchiefs.com refuting this data in 5...4...3...2...1...
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