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THE BROWNS BOARD

ONE big lottery winner in Ohio. December 17, 2019


mjp28

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What would you do with $372,000,000 before cash options and taxes ?  :o

......oh and before you ask. (what a shame the BROWNS used to be a top 5 franchise) from Forbes:. https://www.forbes.com/sites/mikeozanian/2019/09/04/the-nfls-most-valuable-teams-2019-cowboys-lead-league-at-55-billion/#328c89b12f1b

28 | Cleveland Browns

• Value: $2.175 billion

• 1-Year Change: 12%

• Owners: Dee & Jimmy Haslam

• Operating Income: $32 million

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Better try a hockey team:

1 | Dallas Cowboys

• Value: $5.5 billion

• 1-Year Change: 10%

• Owners: Jerry Jones

• Operating Income: $420 million

 

* Earnings before interest, taxes, depreciation and amortization.

Related on Forbes: The NFL’s Highest-Paid Players 2019

It’s a game of inches—and dollars. Get the latest sports news and analysis, once a week in your inbox, from the Forbes SportsMoney Playbook newsletter. Sign up here.

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I kinda get into all of the dollar and cents stuff but if you hit the BROWNS link itself you will get more information on owning and operating a professional franchise.

Even hitting a third of a billion dollars before taxes won't get you in the door on an NFL franchise.

#28 Cleveland Browns

 
 
Freddie Kitchens
Coach
 
Baker Mayfield
Quarterback
TEAM VALUE
1
$2.2BCalculated September 2019
OWNER(S)
Dee & Jimmy Haslam
CHAMPIONSHIPS
8
YEAR PURCHASED
2012
PRICE PAID
$987M
REVENUE
2
$399M
OPERATING INCOME
3
$32M
DEBT/VALUE
4
10%
PLAYER EXPENSES
5
$245M
GATE RECEIPTS
6
$53M
WINS-TO-PLAYER COST RATIO
7
80
REVENUE PER FAN
8
$60
METRO AREA POPULATION
2M
MEDIA PARTNERS
Tv: WEWS News 5; Radio: WKNR 850 AM, WKRK 92.3 FM, WNCX 98.5 FM
Revenues and operating income are for the 2018 season and net stadium debt service.
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Just FYI the WSJ used to be required reading everyday when I was in college later I just had it sent to my office.

I've read the USA TODAY, WSJ, Kiplingers, Money, Personal Finance and others but Forbes is pretty good especially for Sports Money issues.

I used to run a $MONEY$. Forum on another sports board way back on all thing money and one of my favorite sites was https://www.forbes.com/sportsmoney/#f7738d57ff6e

Check it out if you're interested.  ;)

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