metalhead
Angry Bartender
- Joined
- Apr 15, 2002
- Messages
- 8,031
Fine. There is an exception. Regardless, the bulk of team owners are buying in because of the status it brings. It is a well respected hobby, like say yachting. Financially, they do poorly for the most part. Teams tend to operate very close to break-even and franchise appreciation lags the stock market severely, even "rich" teams, like the Yankees.
J
For the NFL I'd need a citation of some sort for that type of claim considering now much TV money each team gets. It was my understanding that between that and the hard salary cap, that almost every team was making money.
J is totally full of it and/or has absolutely no idea what he's talking about. NFL team values more than tripled from 2000-2014. J, if you know of an investment . . . you know what, forget it, I just wish you wouldn't speak such thorough and gross ignorance all the time.

The recent trend is even more absurd. Team values have increased over 20% per year over the past 4 years, doubling team values in 2013-2017 alone.
In fact, since 1991, NFL team values have performed 3 times better than the S&P 500 index.

Moreover, the NFL as a whole retains about 15% of its revenue as profits, which is quite good. The skyrocketing team values are largely due to the large increases in TV revenue, and this graph is probably out of date.