JR condescending to Peyton Manning during CBA meeting?

[mountainpantherfan]

Did anyone actually open and look at this Forbes Report on the Panthers?

http://www.forbes.com/lists/2010/30/football-valuations-10_Carolina-Panthers_309456.html

It doesn't give any insight into what the yearly profits are of the team at all. Not sure where the $80 million a year surplus came from that was quoted in a earlier post but there is nothing in that report by Forbes that suggests what the team's yearly profit is.

I can say that the % of personnel expenses is really, really high for any company. Business models show that personnel expenses should be kept under 55% of total revenue. Right now just player personnel expenses are at 60% for the Panthers and that doesn't include the coaches, front office or stadium personnel expenses.

I would say based on that information, JR is damn close to not making a profit off of yearly operations. A simple comparison would be a homeowner being "house poor". Yeah, their assests have high value and they aren't in the hole yet, but their defiently not in a good situation.

[CLTPanther]

If you ever run into an MBA student who thinks they know everything, immediately dismiss everything they say

[riddel]

Did anyone actually open and look at this Forbes Report on the Panthers?

http://www.forbes.com/lists/2010/30/football-valuations-10_Carolina-Panthers_309456.html

It doesn't give any insight into what the yearly profits are of the team at all. Not sure where the $80 million a year surplus came from that was quoted in a earlier post but there is nothing in that report by Forbes that suggests what the team's yearly profit is.

I can say that the % of personnel expenses is really, really high for any company. Business models show that personnel expenses should be kept under 55% of total revenue. Right now just player personnel expenses are at 60% for the Panthers and that doesn't include the coaches, front office or stadium personnel expenses.

I would say based on that information, JR is damn close to not making a profit off of yearly operations. A simple comparison would be a homeowner being "house poor". Yeah, their assests have high value and they aren't in the hole yet, but their defiently not in a good situation.

operating income

The excess of revenues over expenses derived from normal business operations. Operating income, representing income from ordinary business activities, excludes expenses, such as interest and taxes. Unusual nonrecurring items, such as gains from selling a subsidiary or losses from closing a plant, are not included in the calculation of operating income. Also called earnings before interest and taxes, operating profit. Compare operating loss. See also operating revenue.

It shows the Panther's making an estimated $15 million. I contend that there is much more being made and that this estimate misses several other revenue opportunities such as sponsor's, naming rights, ect.

[riddel]

If you ever run into an MBA student who thinks they know everything, immediately dismiss everything they say

sorry for quoting law books and stuff that is actually fact based.....you're right...I should simply wing it like the rest of the fools on here?

by the way...where is the sticky thread that was talking about how the owners can't bring in SCABs during a lockout? LOL!

[CLTPanther]

Nah, you just come on here preaching to everyone like you know it all and brag about being an MBA student. Well congrats, you're a dime a dozen, enjoy unemployment.

[Snake]

If you ever run into an MBA student who thinks they know everything, immediately dismiss everything they say

LOL agreed. I have been mastering my trade now for 7 years and have yet to know everything.

[monstercat]

Just for a second of comic relief... this reminds me of the scene in "Back To School" where Rodney Dangerfield's character explains to the stuffy professor how his beautiful business model could never work in the real world.

OK, continue...

[dimbee]

I always love a good OIBDA vs EBITDA conversation

[pantherclaw]

Players get called out, and they get butt hurt.

Then go run to their mommy (the media).

And the masses drink up the bs as fast as they can.

[mr beauxjangles]

I'm sure this has been discussed somewhere in the nearly 500 posts in this thread, but whatever, this is my lazy moment.

Why would any free agent want to come play for JR now?

[Mr. Scot]

I'm sure this has been discussed somewhere in the nearly 500 posts in this thread, but whatever, this is my lazy moment.

Why would any free agent want to come play for JR now?

Yes it's been discussed, and the idea is silly.

Guys aren't going to turn down free agent contracts saying "Sure, I like the coach and it's good money and all but OMG HE WAS SO MEAN TO PEYTON HOW COULD HE SAY THAT IT HURT HIS FEELINGS I'LL NEVER SPEAK TO HIM AND I HOPE HE DIES" :rolleyes:

These guys watch their best friends with families to support get cut on a regular basis for no other reason than to save 500,000 on the salary cap. Somehow, I think they can live with an angry discussion in the middle of CBA negotiations.

Hate to be mean, but come on, folks :nonod:

[rainwater]

I can understand where the owners are coming from. What other business makes about 90% of their employees multi millionaires?

Players do not even make up a majority of the employees of the Panthers. Not sure where your 90% comes from.

[mountainpantherfan]

operating income

The excess of revenues over expenses derived from normal business operations. Operating income, representing income from ordinary business activities, excludes expenses, such as interest and taxes. Unusual nonrecurring items, such as gains from selling a subsidiary or losses from closing a plant, are not included in the calculation of operating income. Also called earnings before interest and taxes, operating profit. Compare operating loss. See also operating revenue.

It shows the Panther's making an estimated $15 million. I contend that there is much more being made and that this estimate misses several other revenue opportunities such as sponsor's, naming rights, ect.

Damn you are stupid.

Re-read the definition of operating income. It excludes expenses such as interest and taxes and unusual nonrecurring items. So, no it doesn't represent the actual yearly profit of the team. Also your contention that yearly sponor deals and naming rights are not included is a contridiction to the very definition you quoted.

But let's just keep going with this that the team is making $15 million a year before taxes. Now, let's take off those taxes which will probably amount to about half and lets not forget that 18% debt and the coorsponding interest. Now, how much is JR making? Oh wait, JR is just the majority owner, there's other people who also get a cut of the profits and want a high return on their investment.

A $15 million operating income is horrible for an NFL team and is probably due to having personnel costs higher than 60% of total revenue.

[Panthers128]

players know nothing about the business end of things. richardson is basically talking to a bunch of children in that they are debating something with people who know absolutely nothing on a subject

it's hard to be respectful when you're expected to have serious discussions with people who have no clue what they are talking a bout.

richardson is put into the position fiz is on this forum on a daily basis and his uglier side came out