Quote:
Originally Posted by Marcellus
Years and years ago I remember reading an article about how the cost of buying an NFL franchise had gotten to the point it had made it almost impossible for it to be profitable for 30-40 years. I believe a team at the time had sold for $500MM or something like that which was an all time high. They were comparing it to how cheap franchise had been in the decades previous which were really cheap comparatively.
That article was obviously dead wrong at the time, the money grew so fast it was impossible to lose $ at any point.
Now this scenario, I'm not sure how long its going to take to make $6 Billion back. Its an interesting question to ponder. If you profited $100 Million a year it would take 60 years. So $300MM a year you get a return in 20 years? $600MM a year in profit to return in 10 years? It would take a huge ROI annually to get there.
What's the interest rate on this capital? Surely they are borrowing a ton of $$.
Edit: Ironically it may have been about when Snyder paid $800MM for the Redskins in 1999. Seems that investment paid off.
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So, I hate to break it to you. But the ownership group probably didn’t pay 6 bills in cash.
Debt/financing is gonna multiply their ROI.
Do you even capitalism, bro??