NFL owners set to make $53 million each from recent relocations

[Shoes]

Now that the Oakland Raiders are officially moving to Las Vegas, they join the Los Angeles Chargers (San Diego) and Rams (St. Louis) as teams that have announced relocations since 2016.
The NFL levees a fee for any team that relocates, and the money is shared equally among the other 31 franchises. According to ESPN's Darren Rovell, each team will have raked in more than $53 million from the three recent relocations when all the payments are processed.

When the Rams and Chargers moved to Los Angeles, their relocation fee was $650 million. The relocation fee for the Raiders is expected to be much cheaper — between $325 and $375 million.
http://pit.247sports.com/Bolt/NFL-ow...tions-51999633

[BurghBoy412]

Rich Guy problems

[Shoes]

Goodell knows how to grease the palm.

[86WARD]

Lol...tough life.

[teegre]

If the players got an extra $1 million each, people'd be up in arms.

But, one owner getting that entire lump sum:

[Dwinsgames]

never realized the relocation fees where that exorbitant hell that is most of the franchise value of some teams last I looked

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never realized the relocation fees where that exorbitant hell that is most of the franchise value of some teams last I looked

looks like teams nearly doubled in value in the last half dozen years

Forbes 2016 valuations https://www.forbes.com/pictures/mlm4.../#1160cf12204d

[Count Steeler]

looks like teams nearly doubled in value in the last half dozen years

Forbes 2016 valuations https://www.forbes.com/pictures/mlm4.../#1160cf12204d

And that is why the Dodger is making $40mil a year.

[SteelerFanInStl]

It's all about the $$$. The NFL is now run by Jerry Jones.

[st33lersguy]

It's all about the $$$. The NFL is now run by Jerry Jones and Robert Kraft.

Fixed it

[Born2Steel]

I don't remember this much press when the Rams left St.Louis. The media certainly didn't cry 'for the fans' over it like they are with the Raiders. I say, Big Deal, whatever.

[Mojouw]

It's all about the $$$. The NFL is now run by Jerry Jones.

Yup. Jones' stadium management company (legends) has a stake or somehow makes a profit from about a half dozen NFL teams now.

Relocation to Vegas is dumb. Vegas is now the 5th smallest market in the league -- http://profootballtalk.nbcsports.com...-media-market/

Watch this team not be able to compete.

[AtlantaDan]

Now that the Oakland Raiders are officially moving to Las Vegas, they join the Los Angeles Chargers (San Diego) and Rams (St. Louis) as teams that have announced relocations since 2016.
The NFL levees a fee for any team that relocates, and the money is shared equally among the other 31 franchises. According to ESPN's Darren Rovell, each team will have raked in more than $53 million from the three recent relocations when all the payments are processed.

When the Rams and Chargers moved to Los Angeles, their relocation fee was $650 million. The relocation fee for the Raiders is expected to be much cheaper — between $325 and $375 million.
http://pit.247sports.com/Bolt/NFL-ow...tions-51999633

So that totals out to $1.6 billion?

Chump change compared to this

So after an era in which 21 new stadiums were built and three others were heavily renovated, thanks in large part to an estimated $6.7 billion in public money, the league appears to have hit a natural resting point. ...

Not everyone classifies public money the same way, but here's how we landed on that estimate

Between 2000 and the start of the 2020 season, the NFL will have opened 16 new stadiums with the help of $5 billion in public contributions. Two of those stadiums didn't factor in that $5 billion -- MetLife in New Jersey and the in-progress megastructure near Los Angeles – because they were financed with 100 percent private money.

During the same period, the Green Bay Packers and Chicago Bears used $557 million in public money to gut and rebuild their buildings. In 2011, the Kansas City Chiefs received $262 million for a major renovation of 45-year-old Arrowhead Stadium. Those three projects totaled about $820 million in subsidies.

Going further back, five franchises built stadiums from 1997 to '99 at a time when they were far less costly. Still, the Washington Redskins, Tampa Bay Buccaneers, Baltimore Ravens, Cleveland Browns and Tennessee Titans coerced a not-insignificant $873 million in combined public monies to help with construction.

That's a big part of the how the NFL built a fortress of stadiums and became the richest sports league in America. The effort has been stunning in magnitude, brutal in its lack of sentimentality, and instructive for its insight into league operations.

Most notably: the NFL doesn't bluff.

Plenty of municipalities have wondered whether the league would yank franchises long intertwined in civic culture. Most chose not to find out and negotiated the best agreement possible. Those that did -- for their own justified reasons, in my opinion -- paid the price. The cities of St. Louis, San Diego and Oakland likely have lost pro football forever.

Link to full article

http://www.espn.com/blog/nflnation/p...ium-era-closes

The NFL business model is based on shaking down taxpayers for subsidies and throwing players on the scrap heap as soon as they are too injured to play anymore (e.g. - no guaranteed contracts, covering up consequences of head trauma for decades)

I continue to enjoy watching the games but it requires blocking out a lot of information about how the league operates

[ALLD]

Moving to Vegas is big news. It used to be taboo because of the gambling associated with the city. I think if the NFL could operate some kind of legal sports booking it would do so without hesitation.

Did anybody else notice that the NFL is getting away more and more from putting competitive teams on the field and focusing more on the entertainment end that they can control?

[Mojouw]

I think this is all just the initial signals of the downturn of the NFL from a financial point of view. They are NEVER going to get another TV deal like they currently have. In 2022, the TV networks, the NFL, and the teams are going to have to face the reality that the current funding model (untold billions from TV networks) is over.

At that point, the league likely implodes - unable to hold together too many competing groups (owners, players, fans, TV networks, etc).

[AtlantaDan]

Exciting new opportunities for cross marketing with the Raiders move to Nevada

Raiders-themed brothel to coincide with Vegas move, include team specials

Shortly after the Raiders' move was approved by NFL owners on Monday, Nevada brothel owner Dennis Hof announced in a statement to the Las Vegas Sun that he would be opening a sports-themed bordello – the “Pirate’s Booty Sports Brothel” -- when the team’s new stadium opens in 2020. It would be located in Crystal, Nev., about 70 miles from Las Vegas. (Prostitution is legal in some parts of Nevada, but not Vegas' Clark County.)...

While all will be welcome, Hof is sweetening the deal for Raiders players and staff, with 50% off sex parties, as well as a VIP section just for the players and other athletes.

http://www.usatoday.com/story/sports...egas/99724340/

[ALLD]

I am gonna find some Chinese broad to give me the Kenny "Snake" Stabler special snake massage with happy ending if I ever get out there again..

[Born2Steel]

I am gonna find some Chinese broad to give me the Kenny "Snake" Stabler special snake massage with happy ending if I ever get out there again..

The 'Plunkett'
'Ghost to the Post'
.......

[Iron Steeler]

Wheres my cut?

[AtlantaDan]

I think this is all just the initial signals of the downturn of the NFL from a financial point of view. They are NEVER going to get another TV deal like they currently have. In 2022, the TV networks, the NFL, and the teams are going to have to face the reality that the current funding model (untold billions from TV networks) is over.

At that point, the league likely implodes - unable to hold together too many competing groups (owners, players, fans, TV networks, etc).

With streaming internet video through your phone/computer/Roku/SmarTV becoming increasingly competitive to the traditional network model of programming we are going to get new deep pockets such as Netflix/Facebook/Amazon/Google bidding for sports rights. The tryout for that is seen through selling the streaming rights for Thursday night football - Twitter paid $10 million for 10 games for the 2016 season and now is facing competing bids from Facebook/YouTube (owned by Google)/Amazon for 2017.

https://www.recode.net/2017/3/23/150...amazon-youtube

The question is how you make $$$ off it if you buy the rights - DirecTV makes $$ off Sunday Ticket by also requiring a separate regular programming package and the networks claim they benefit from not only selling ads but plugging their regular programming during the broadcasts (which Goodell wants to cut down or eliminate to make the games less choppy).

If Amazon got the rights it could be added to the bundle of what you get with Amazon Prime. Will be tricky if the solution is more selling of games on Sunday Ticket type separate seasonal (or maybe per game) subscription rather than bundled as part of the cable package - at that point it becomes more of a niche rather than mass appeal sport, which is what the NFL has been selling since the 1960s

[Born2Steel]

With streaming internet video through your phone/computer/Roku/SmarTV becoming increasingly competitive to the traditional network model of programming we are going to get new deep pockets such as Netflix/Facebook/Amazon/Google bidding for sports rights. The tryout for that is seen through selling the streaming rights for Thursday night football - Twitter paid $10 million for 10 games for the 2016 season and now is facing competing bids from Facebook/YouTube (owned by Google)/Amazon for 2017.

https://www.recode.net/2017/3/23/150...amazon-youtube

The question is how you make $$$ off it if you buy the rights - DirecTV makes $$ off Sunday Ticket by also requiring a separate regular programming package and the networks claim they benefit from not only selling ads but plugging their regular programming during the broadcasts (which Goodell wants to cut down or eliminate to make the games less choppy).

If Amazon got the rights it could be added to the bundle of what you get with Amazon Prime. Will be tricky if the solution is more selling of games on Sunday Ticket type separate seasonal (or maybe per game) subscription rather than bundled as part of the cable package - at that point it becomes more of a niche rather than mass appeal sport, which is what the NFL has been selling since the 1960s

So, why wouldn't the NFL(or pick your favorite 'network') just put out a pay channel package the runs all the games? Pro sports only cares about corporate money, much more than the regular fan money anyway. Putting butts in the seats is not that big of a concern anymore, based on how everything is priced now. A TV package that average income families can afford at home, while still romancing the corporate dollars with section seating as well as skyboxes and clubs. Stadium groups, TV affiliates, Sponsors, and the NFL all continue to make hand over fist Billions, while I can sit at home and watch any game I choose as part of my monthly bills.

Right. That's sort of what the NFL Sunday Ticket already is....although I do like the live streaming, commercial free angle.

[Dwinsgames]

I don't remember this much press when the Rams left St.Louis. The media certainly didn't cry 'for the fans' over it like they are with the Raiders. I say, Big Deal, whatever.

what about when the Rams left LA originally or when the Cardinals left St. Louis ... or the Brown left Cleveland for Baltimore

more media now

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Moving to Vegas is big news. It used to be taboo because of the gambling associated with the city. I think if the NFL could operate some kind of legal sports booking it would do so without hesitation.

Did anybody else notice that the NFL is getting away more and more from putting competitive teams on the field and focusing more on the entertainment end that they can control?

they sort of do now , with the fantasy pickem teams that pay out weekly ( cant recall the name of it ) but Bob Kraft owns a piece of it , yet wasnt forced to sell by Goodell , while Rooney's where not permitted to be involved with horse racing and forced to sell out their portion of the Steelers to Dan who had to scramble to find a way to hold on to a majority of the team