NFL considering allowing private equity to buy into teams

['Hamas' Jenkins]

Originally Posted by Hammock Parties

This is ****ing disgusting and they better not ****ing do it.

You'll have teams moving cities all the ****ing time.

They will, and Clark is helping lead the charge on it.

[Mecca]

Originally Posted by 'Hamas' Jenkins

They will, and Clark is helping lead the charge on it.

Yea Clark is basically the head of the finance committee so this is something he's leading.

[ThrobProng]

Originally Posted by 'Hamas' Jenkins

They will, and Clark is helping lead the charge on it.

You don't get to be a multibillionaire without crushing some "little people" along the way.

['Hamas' Jenkins]

Originally Posted by ThrobProng

You don't get to be a multibillionaire without crushing some "little people" along the way.

You don't have to if you're a nepo baby, but I digress.

Here's the plan:

Get multiple new expansion teams. 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. They'll get a smaller cut in the media deal, but an NFL deal with international teams would be worth far more, so they'll get a smaller piece of a much, much larger pie.

At least the slave-labor-built stadium in Riyadh will be a dome, I guess.

[Mecca]

Originally Posted by 'Hamas' Jenkins

You don't have to if you're a nepo baby, but I digress.

Here's the plan:

Get multiple new expansion teams. 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. They'll get a smaller cut in the media deal, but an NFL deal with international teams would be worth far more, so they'll get a smaller piece of a much, much larger pie.

At least the slave-labor-built stadium in Riyadh will be a dome, I guess.

It's funny how people don't see all this coming a mile away.

More teams longer season more games, more money.

['Hamas' Jenkins]

Originally Posted by Mecca

It's funny how people don't see all this coming a mile away.

More teams longer season more games, more money.

I'm just waiting for them to institute transfer fees. Then you'll have Saudi-backed teams buying the rights to players from teams that draft guys not as players, but pure financial instruments.

[Jamie]

Originally Posted by 'Hamas' Jenkins

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.