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Thread: Steelers ownership changes in process

  1. #1
    Senior Member Array title="Dwinsgames has a reputation beyond repute"> Dwinsgames's Avatar

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    Steelers ownership changes in process

    as we seen a few years back when Haslam pulled out to buy the Browns another minority owner is following suit ...


    http://triblive.com/sports/steelers/...olina-panthers
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  2. #2
    Senior Member Array title="AtlantaDan has a reputation beyond repute">

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    Re: Steelers ownership changes in process

    Quote Originally Posted by Dwinsgames View Post
    as we seen a few years back when Haslam pulled out to buy the Browns another minority owner is following suit ...


    http://triblive.com/sports/steelers/...olina-panthers
    The $2.2 billion would be a record for an NFL franchise, besting the $1.4 billion price for the Buffalo Bills in 2014. It would also match the $2.2 billion price for the Houston Rockets NBA team.

    http://www.charlotteobserver.com/spo...210951014.html

    That sales price comes in pretty close to the 2017 estimated value of $2.3 billion calculated by Forbes magazine for the Carolina franchise (Steelers are $2.45 billion)

    https://www.forbes.com/nfl-valuations/list/#tabverall

    That sales price not exceeding that of the Rockets NBA franchise is significant. Never thought I would see the day a NBA franchise sales price for a team other than the Lakers or Knicks would equal that of a NFL team. Another data point to support the contention the NFL has peaked and the future is with the NBA.

    It's not outrageous anymore to envision a sports world in which NBA teams are worth more than their NFL counterparts. Investors believe the NBA has far greater potential to grow overseas than the NFL, which has struggled beyond the United States. NBA revenue outside the U.S. is growing at a rate in the high teens annually.

    The average NFL franchise is worth $2.5 billion, 52% more than the typical NBA team, but that spread has been more than halved in the past five years. The NBA is already selling at higher multiples: Recent deals for the Brooklyn Nets and Houston Rockets value the teams at roughly eight times their regular-season revenue; NFL franchises are worth closer to six times revenue.

    https://www.forbes.com/sites/kurtbad.../#41a3d1cd7155

    Putting this post here in reply to that of Dwinsgames with the recognition my observation probably should go in the NFL forum - decided not to open a new thread

  3. #3
    Senior Member Array title="AtlantaDan has a reputation beyond repute">

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    Re: Steelers ownership changes in process

    No surprise here


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