LVCARDFREAK
In the league 20 years!
Originally posted by 40yearfan
LV, the Cards don't get money for the concessions and parking. That money stays with ASU. Also, think about this. If you had $350 to $400 million to invest (net worth of the team), would you be satisified with a 1% return on your investment ($3,800,000)? And that's considering you are right in your assessment of their net profit. I tend to agree with Krang that it's probably more realistic that they are only clearing $500,000.00 a year. Thats only .00125 %.
I am not sure if my numbers are anywhere near right. Just what I got via googling.
I dont know if it is 500,000 or 3.8 million or 200 million. It doesnt really matter though. No one can really argue with the fact that the Cards have been notoriously cheap when dealing with salaries, the salary cap, etc etc.
If all that will subsides once the new stadium opens (and Air Conditioning is finally brought together with Cardinals football
I must say I am very very skeptical!!!!