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philw5289

Leaked NFL Documents: While Owner Cried Hardship, Carolina Panthers Had $112 Million Profit Over Two Years

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I love me some Scarface

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Owning an NFL team is high risk.

Not one team failed to turn a profit in the last decade.

Go ahead and rectify those two statements.

High risk?

Those two statements rectify just fine. The more risk the higher the return. I'm in a stock called NLY which gives me a dividend of between 12-15% a year and has done so consistently. If it were low risk I would not get anything close to that. Just because it has been consistent doesn't mean the bottom isn't going to fall out one day.

The risk for the NFL is that the next CBA falls through or one day TV deals go away. The NFL is doing well but other professional sports are struggling and taking on more and more debt to operate:

http://www.youtube.com/watch?v=sgUjdqyLsP4

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Madhatter, you run your own succesful business?

I do and I wouldn't do it if there weren't the potential for big consistent returns.

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I do and I wouldn't do it if there weren't the potential for big consistent returns.

Exactly. My question is what are those returns? Anything new?

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http://www.charlotteobserver.com/2013/03/07/3900643/revelation-a-big-blow-to-panthers.html

You also have to look at return on assets. JR has a $1B asset which is making a return of say 5% a year over time. Assets are supposed to make returns and 5% is pretty low compared to the companies I work with. One company I deal with doesn't enter a deal unless it can demonstrate a 20% annual return.

JR should be making money.

Doesn't fix 2010

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Interesting.

Question....He bought the team for $200m in 1993 and the Panther's worth has appreciated by more than $40M per year. Does that get factored into the equation?

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Interesting.

Question....He bought the team for $200m in 1993 and the Panther's worth has appreciated by more than $40M per year. Does that get factored into the equation?

What equation?

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Interesting.

Question....He bought the team for $200m in 1993 and the Panther's worth has appreciated by more than $40M per year. Does that get factored into the equation?

Absolutely. Unrealized gains. JR's true profit will be higher than anything we see in a financial statement due to things like this and other perks as well as any money he is parking offshore.

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RIP JR's public image.

God forbid that the man made money.

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Interesting.

Question....He bought the team for $200m in 1993 and the Panther's worth has appreciated by more than $40M per year. Does that get factored into the equation?

I don't know. What's inflation been over 20 years and what he's supposed to do about it?

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.

“Although arguments have been made that the 17-year-old stadium has helped bring in revenue to the local and state economy, 88 percent opposed a state subsidy for the renovations, a view that held steady regardless of race, gender, age or party identification,” according to a release by the pollsters.

Gonna be even worse now.

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Our sniveling whiney ass fan base is by far the worst thing about this franchise.

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