Unfortunately it's more about what the fans are willing to pay. Like all businesses, the profit margin effects all decisions and the customer isn't usually the beneficiary by default.
I think what the owners don't realize is that most professional sports franchises have low profit margins. It's more about the prestige and fame from owning a team. If you wanna put a winning team on the field, it takes a lot of money to attract the right personnel.
Anybody know the yearly ROI for an NFL team? How much does the owner make? What's it cost to buy a team?
Unfortunately it's more about what the fans are willing to pay. Like all businesses, the profit margin effects all decisions and the customer isn't usually the beneficiary by default.
I think what the owners don't realize is that most professional sports franchises have low profit margins. It's more about the prestige and fame from owning a team. If you wanna put a winning team on the field, it takes a lot of money to attract the right personnel.
Anybody know the yearly ROI for an NFL team? How much does the owner make? What's it cost to buy a team?
I remember reading an article that an average NFL team is worth something like 1 Billion USD. The cost to buy the team, however, is probably less, but jeez.
Unfortunately it's more about what the fans are willing to pay. Like all businesses, the profit margin effects all decisions and the customer isn't usually the beneficiary by default.
I think what the owners don't realize is that most professional sports franchises have low profit margins. It's more about the prestige and fame from owning a team. If you wanna put a winning team on the field, it takes a lot of money to attract the right personnel.
Anybody know the yearly ROI for an NFL team? How much does the owner make? What's it cost to buy a team?
I don't know, maybe the NFL is more profitable as a whole, but I think some teams like the Jags or the Bills are unprofitable. There's been talk about moving a team to LA for years now, and they keep coming up as possible relocation targets.
I just read the following description/explanation of what an American football "wide reciever" is/does. I don't know if the guy is a fan or not, but this is awesome...it reminds me a great deal of my "Blood Bowl" game:
"I think it's US "Football". They stand at the outside of the scrummage line, then when the ball is popped, they run wide, and deep, and catch the pumpkin thrown by the quatroback. I don't think the opposing tribe are allowed to topple the wide receiver until he has snatched the pumpkin. And, I think members of his own team are allowed to mess with the other tribe members who are trying to get to the wide receiver. Once the wide receiver snatches the pumpkin, (but only before it hits the ground) he can run with it, or be killed by the other tribe members. Or both."
...I prefer a man who will burn the flag and then wrap himself in the Constitution to a man who will burn the Constitution and then wrap himself in the flag.