ChiefsPlanet - Football NFL considering allowing private equity to buy into teams

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NFL considering allowing private equity to buy into teams (https://chiefsplanet.com/BB/showthread.php?t=353479)

Quote:

Originally Posted by scho63 (Post 17525601)

May help with better decision making by committee if private equity board runs a team.

Baseball kinda does this already with LPs

Are you a real person or do you just post things to get reactions from people.

There is no way a human person not affiliated with one of these organizations and stands to profit from it thinks this.

Quote:

Originally Posted by 'Hamas' Jenkins (Post 17526102)

Each expansion fee will be north of a billion dollars, maybe even two billion. That's a straight check to each owner. If they expand by eight teams, then each owner will get somewhere between 250-500 million.

I think the expansion fee would be way higher than that, like at least $5 billion. There was talk that the NBA expansion fee would be $2.5 billion, and Adam Silver came out publicly and said that was way too low. The rumor is they're looking for $5-$6 billion per team.

I think the issue is the expansion fee almost has to be an overpay, because you have to incentivize the other owners to give up a share of media revenue. I heard Mark Cuban on a podcast say he was against expansion for that reason, that he just saw it as a loan they'd never stop paying back.

The only way I could see it being less is if it was part of a big move into Europe, like putting 8 teams in Europe at the same time.

Yeah I don't get it, everyone here complains on how baseball is run and now they're making good decisions? I mean I still enjoy baseball but teams are run with ruthless business efficiency now. None of the old school football fans here are going to like that if it happens to football.