Dan Snyder officially out of the NFL

[DJ's left nut]

Originally Posted by chiefzilla1501

I mean after decades of incompetence and egregious misconduct he walks away with billions.

It's everything wrong with sports. Bad owners should feel some hurt when they do a shitty job. It might motivate to actually at least try to put a good product on the field

Bought 'em for $800 million.

Now don't get me wrong, figures that large carry debt service, but they also get VERY good rates of return. 800 million at 10% would double roughly every 7 years and so he actually yielded LESS than a 10% annual ROI (which would've yielded in the $9 billion range over his 25 years of ownership) But that also assumes only break-even revenues on a year to year basis and that's almost certainly not the case.

Now a 10% ROI isn't easy to get, but remember what they say - "How do you make a large fortune? Start with a small one..." When you starting with $800 million in liquidity, it's more doable than you realize.