Howdyphillip

NFL 2017 - The Afterdraft

409 posts in this topic

11 hours ago, JonSnow4President said:

On a slightly related note, I was actually surprised to learn how little the Packers make ($40 something million profit in 2015 on $400M revenue).  Don't know how indicative they are of a regular NFL team on the financial front, but it's the only one with publicly released data (that I can't find outside 1,000,000 foot view news articles).  

There are certainly some instances of the stadiums showing real benefit - just as the Olympics revitalized areas of Atlanta (and continues to benefit GT). However, by and large, these are boondoggles with little benefit to the city. Even worse, economically, are the renovations that the city chips in for - there is really no benefit there.

11 hours ago, JonSnow4President said:

On a slightly related note, I was actually surprised to learn how little the Packers make ($40 something million profit in 2015 on $400M revenue).  Don't know how indicative they are of a regular NFL team on the financial front, but it's the only one with publicly released data (that I can't find outside 1,000,000 foot view news articles).  

 Dat TV money has to be more than $400M annually on its own.

 

 

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20 minutes ago, Week said:

There are certainly some instances of the stadiums showing real benefit - just as the Olympics revitalized areas of Atlanta (and continues to benefit GT). However, by and large, these are boondoggles with little benefit to the city. Even worse, economically, are the renovations that the city chips in for - there is really no benefit there.

 Dat TV money has to be more than $400M annually on its own.

 

 

Green Bay received 226.4 million last year in tv revenue per thier public records. Using 226.4 mill as a multiplier NFL split 7.24 billion last year, up from 6 billion the year before.

 

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Hrm. Maybe the Handsome Jimmy era is on its way in New England after all. Tom Brady is going to be on the Madden cover.

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1 hour ago, Week said:

Dat TV money has to be more than $400M annually on its own.

That's why I was shocked to learn that wasn't true.

But realistically, there's  256 games every season (32*16/2).  If we add playoff games, there's another 11 playoff games for 267.  If they're making 7.24 billion per year, that's $28 million per game.  That honestly seems high for adds during the game to justify networks paying that much. 

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2 hours ago, Week said:

There are certainly some instances of the stadiums showing real benefit - just as the Olympics revitalized areas of Atlanta (and continues to benefit GT). However, by and large, these are boondoggles with little benefit to the city. Even worse, economically, are the renovations that the city chips in for - there is really no benefit there.

Speaking for Cleveland, the arenas there really revitalized downtown.  I'm not really old enough to remember a time before all three stadiums/arenas (Cavs, Indians, Browns) were all downtown, but people who are have told me that downtown Cleveland used to be a wasteland and there was little point in going there.  Now the entire downtown area is very nice and filled with bars and other things to do.  The area where the Cavs and Indians play (the Browns are on the other side of downtown) is particularly nice, with a ton of great bars and restaurants, and now a casino as well, although I haven't been to Cleveland since that was built given that I no longer live in Ohio.

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7 minutes ago, briantw said:

Speaking for Cleveland, the arenas there really revitalized downtown.  I'm not really old enough to remember a time before all three stadiums/arenas (Cavs, Indians, Browns) were all downtown, but people who are have told me that downtown Cleveland used to be a wasteland and there was little point in going there.  Now the entire downtown area is very nice and filled with bars and other things to do.  The area where the Cavs and Indians play (the Browns are on the other side of downtown) is particularly nice, with a ton of great bars and restaurants, and now a casino as well, although I haven't been to Cleveland since that was built given that I no longer live in Ohio.

Downtown arenas (not necessarily stadiums) really allow for greater benefits to ancillary business and become a part of the community. Consider your example versus ... Levi Stadium, or the new Sun Trust stadium for the Braves.

 

 -- and I see that I stand corrected on TV money...divide by 32...thanks all.

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9 minutes ago, briantw said:

Speaking for Cleveland, the arenas there really revitalized downtown.  I'm not really old enough to remember a time before all three stadiums/arenas (Cavs, Indians, Browns) were all downtown, but people who are have told me that downtown Cleveland used to be a wasteland and there was little point in going there.  Now the entire downtown area is very nice and filled with bars and other things to do.  The area where the Cavs and Indians play (the Browns are on the other side of downtown) is particularly nice, with a ton of great bars and restaurants, and now a casino as well, although I haven't been to Cleveland since that was built given that I no longer live in Ohio.

Yeah, I went to Cleveland for a Tigers game and really liked the walkability of the area around the stadium. This was around 6 years ago so I am sure it has gotten even better since then.

Detroit is hoping to see this same type of are when Little Caesars arena opens. All four major sports team will play within walking distance of each other. There is also an investment in an entertainment district by the Illitch family meant to make it even more desirable.

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7 minutes ago, Week said:

Downtown arenas (not necessarily stadiums) really allow for greater benefits to ancillary business and become a part of the community. Consider your example versus ... Levi Stadium, or the new Sun Trust stadium for the Braves.

 

 -- and I see that I stand corrected on TV money...divide by 32...thanks all.

Yeah, I would agree that baseball and basketball stadiums/arenas have far more impact than football.  Baseball stadiums don't get used for much other than baseball, but there are at least 82 home games a year, which means at worst several thousand people migrate to the arena and many likely hit up bars or restaurants before and/or after.  Basketball has a minimum of 41 home games a year, and those arenas can be used for concerts and other major events like conventions and WWE, all of which bring in customers to surrounding businesses.

Football stadiums likely have the least benefit simply because you're looking at eight games a year (plus preseason I guess) for most teams and the stadiums likely aren't used nearly as much beyond football, especially if the city also has an NBA arena, which will be the first choice for most concerts.

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14 minutes ago, briantw said:

Football stadiums likely have the least benefit simply because you're looking at eight games a year (plus preseason I guess) for most teams and the stadiums likely aren't used nearly as much beyond football, especially if the city also has an NBA arena, which will be the first choice for most concerts.

So you're saying every NFL city should have a rodeo, right? 

https://upload.wikimedia.org/wikipedia/commons/thumb/1/19/Reliant_Stadium_Houston_Rodeo.jpg/600px-Reliant_Stadium_Houston_Rodeo.jpg That's normal.....

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Posted (edited)

Regarding the Packers comment-

$40 million in profit on $400 million in revenue is still 10%, thats not outrageously bad. Many, many corporations do not hit that benchmark. Their is also the lucrative appreciation most franchise owners see over the period they own teams, most of the teams grow in value at 10+% annually as well. So over the time an owner buys, till they sell,  if they sell, they are realizing a combined 20% annually gain (10% Gross Margin and 10% appreciation in team value). 20% a year is pretty good buisness.

Edited by DireWolfSpirit

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Posted (edited)

29 minutes ago, Manhole Eunuchsbane said:

I mean, you run into the same issue you have with trying to definitely claim Brady is the GOAT in football.  It's already almost impossible to objectively compare across eras due to the progression of talent, progression of offenses, evolution of rules, etc.  To do it across sports is even more ridiculous. 

If someone thinks Brady is the best athlete to ever sport, whatever.  I don't know enough about Jordan or [insert Baseball GOAT] or whatever other sports matter to have an opinion I'd even want to make known on the matter. 

Edited by JonSnow4President

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Just now, briantw said:

I wouldn't worry.  LeBron will have surpassed them both in five years.  :lol:

You're not helping. :angry:

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On 5/12/2017 at 10:10 AM, JonSnow4President said:

That's why I was shocked to learn that wasn't true.

But realistically, there's  256 games every season (32*16/2).  If we add playoff games, there's another 11 playoff games for 267.  If they're making 7.24 billion per year, that's $28 million per game.  That honestly seems high for adds during the game to justify networks paying that much. 

The television rights generate value beyond ad sales.  They are considered valuable in driving audiences to other network programming.

That is one of the reasons that NFL games are full of plugs for whatever show is the network darling. 

To put it in Fox terms, you pay for NFL to hope to create 24.

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On 5/5/2017 at 4:37 PM, Tywin et al. said:

It's a push then, @Pony Queen Jace. Part of me considered choosing retirement instead of the 49ers in our bet, but I figured there would be at least one bad team willing to throw some money his way and that's not a good way for his career to end. I guess that wasn't the case.

Also, who really wants to see Jay freaking Cutler in a booth or on a studio set? Doesn't Fox know that everyone hates him? 

I'm pretty into it. I'll make a point to NFL GameRewind whichever broadcast he's on.

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On 5/19/2017 at 0:59 PM, Pony Queen Jace said:

I'm pretty into it. I'll make a point to NFL GameRewind whichever broadcast he's on.

We shall see. If nothing else, he can't be worse than Simms.

Also, why have you been so inactive lately? 

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