Is this a bubble? how can anyone buy these

is this a bubble? how can anyone buy these

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by having a lot of money

Couldn't Warren buffet or bill gates by all of them and not go broke?

Hard to say, most of their wealth is tied up in the stocks they own, shares in companies, holdings, etc. and they would have to liquidate much of their holdings to get the cash to pay for a team and when you attempt to liquidate such an enormous amount of money the share prices themselves diminish considerably, so in the end they would end up paying much more than $4 billion of their own money to buy a team, maybe even double that amount.
It's incredibly complicated when you have that much money.

Sort of a bubble. Eventually everyone's going to leave traditional cable and not pay for ESPN, TNT, etc, so those companies will have less money to spend on sports. Thus, the current mammoth contracts won't last for another generation or so.

in the grand scheme of things 4 billion dollars is practically nothing

nigga, he could just borrow the money to buy it and use his stock as collateral and there are dozens of other financial strategies someone with his assets could use to make such a purchase.

I interpreted the question as "could anyone outright buy one of these sports teams", there's no doubt they could get the cash elsewhere like you said.

He doesn't have to sell his stocks, he could use them as payment to supplement the cost, obviously he would need to have a substantial amount of cash included in the deal.

>tfw two smart too argue about sports teams valuations

>leafs in charge of graphs
Last time I checked 3 was more than one half of 4

how much were the patriots worth 16 years ago?

A lobster roll and a bag of pucks

Kraft paid $175 million to buy the team in 1994 if that's what you're asking, in 2002 they were worth about $500 mil.

170 million they were purches in 94

>can anyone buy these
Real Madrid and Barcelona are not for sale
because they are owned by their partners (socios)

UMAD little democratic USA enjoy your Tycoons without soul nor heart

(at least until the old men in charge of that decision die)

Not really, it would be illegal to do what Red Bull did in Leipzig.
For example Boca was getting offers by Qatar and Saudi Arabia but the commision inside the club said no.
So even if the president of the club wants to ""sell" the club it still has to pass through the commision which is closer to the actual fans and in fact are long time REAL fans of the club.
And in the case that all this people get bought by the club you have "mafias" known as barra bravas that basically control the club's money with force and threats.

Kind of like the #billsmafia?

>tfw Madrid and Cowboys fan

How original combo, i bet that your fagotry gets completed being an america/chivas fan

I'm not aware of what this billsmafia is.
Here you have an example of a barra brava being interviewed by a spanish journalist.
You can clearly see that even when this dude is basically admiting to commiting very serious crimes and all he still doesn't get prosecuted.
youtube.com/watch?v=fw2BJqfouks

But Madrid and Barça don't rely on TV money like EPL teams.Thhier brand is YUGE

>impliying you can buy barcelona

wut..

>tfw cancer

Fixed that

hmm

Do you also root for Chivas?

this is inaccurate actually

Just like your life.

why so mean??

What a shitty scale

That scale is fucking awful, it makes 4.00 look twice as large as 3.2

Definitely not a bubble.

There profit is low relative to their value but their cultural relevancy is huge, bigger than companies 10 times their size, hence they will continued to be valued highly because of the possibility of structural changes that will allow them to capitalise on their popularity and relevancy.

And that's without even taking into account the personal value owners take from owning a sports team instead of other ventures, it is a dream of many to own a sports team, it is never a purely financial decision, owners will forego making more money if it means owning a team.

this chart is way off scale

what the fuck OP, you need this book

This bar chart is absolutely fucking awful, that scale is rediculous.

lmao... hows life in cartel land mexipoor?

As far as I know, the Cowboys don't even win the Superbowl regularly. How come they're the most valuable team? Can anyone explain this phenomenon to me?

They were good back in the 90's and earned the appellation "America's team", thus because their identity is not as linked to their locality and instead America as a whole it served them in gaining a huge following nationwide especially in places without a team of their own.

American education, everyone

Brand power, and their facilities are all practically gold-plated in luxury.

They were given the appellation "America's Team" back in the late 70's when they had already won two SBs. They were given it because they were given prime time nationwide broadcasts for half the season if not more, and this is still the case.

It's because of this that so many footballs fans from states without teams haven rode the Cowboy's wagon for so many years.

Their domination in the 90's only solidified this, but make no mistake, they were America's team long before the 90's dynasty.

Ottawa is in mexico you retart

You have two teams siphoning money off from banks making your already shit economic situation worse you moronic neet

>These valuations were made BEFORE anybody knew how good Dak and Zeke were gonna be

It's gonna be even higher next year. The Cowboys went from looking like a team with a very small window to looking like a team with dynasty potential.

Most of the Cowboys value came from their 3 SB wins in the 90s, they've been stagnant since. Zeke and Dak won't add any more value unless they win a SB or two, and also consider that in the past few years NFL franchises collectively have lost a lot of money and the trend looks like it'll get worse.

First of all
>$4 billion made to look like double 3.2 billion

and second of all
>Cowboys haven't made a single super bowl appearance since the 90s and have been a mediocre to shit team for 2 decades and have a $4 net worth

literally how

Only the Lions have ever lost money in the last few years, and it's because Detroit is a shithole and all their sports teams have lost money.

The Cowboys have never, and will never lose money because Jerry Jones bent the NFL over its ass and negotiated a deal that gives them all the money from Cowboys merchandise while every other team in the league does revenue sharing.

Cowboys still have the largest fanbase and their owner has a deal with the league which allows him to keep profits from merchandise sales while other teams are forced to share

American sports leagues (the NFL most of all) are structured (drafts and salary caps) to create maximum parity so a championship dry-streak is seen as much of a failure as with most top European teams

is NOT seen as much of a failure as with most top European teams

You gotta admit, JJ might be a shit GM, but he's a genius owner. He's gotta be masturbating at the thought of how much money he's gonna reel in from Dak and Zeke jerseys.

Good because you can't buy presidentialist association teams like Packers, Real and Barça.

>The city of the scale on that chart