How much is the Cardinals franchise worth according to Forbes?

[dreamcastrocks]

If you are that rich, the history doesn't matter. You know it was Bidwill screwing everything up, and a good owner could turn that around.

NFL is constructed that a GOOD GM with a GOOD owner can reverse fortunes almost overnight.

Sure, but that's not the debate here.

 

[Krangodnzr]

Sure, but that's not the debate here.

It's 100% germane to the conversation. Any smart businessman would see the ability to drastically increase the profits from the team based on the prior owners incompetence.

 

[dreamcastrocks]

It's 100% germane to the conversation. Any smart businessman would see the ability to drastically increase the profits from the team based on the prior owners incompetence.

Sure it is germane. But why aren't franchises going for 10 or 20B then? It's because there is a limit and that limit is what we are discussing.

 

[Mainstreet]

Major sports franchises are hard to buy and there are a lot of rich people out there. I think the $6 billion estimate is close to correct for an NFL team.

 

[dreamcastrocks]

Major sports franchises are hard to buy and there are a lot of rich people out there. I think the $6 billion estimate is close to correct for an NFL team.

Why did the Broncos, which is a MUCH more storied franchise only go for 4.65B just a year ago? Evaluations didn't go up 1.5B in just one year.

 

[Mainstreet]

Why did the Broncos, which is a MUCH more storied franchise only go for 4.65B just a year ago? Evaluations didn't go up 1.5B in just one year.

Inflation.

Seriously, I think that is where the market is right now. It's supply and demand. A lot of rich people would like to own an NFL franchise.

 

[dreamcastrocks]

Inflation.

Seriously, I think that is where the market is right now. It's supply and demand. A lot of rich people would like to own an NFL franchise.

I completely disagree that a team like Arizona would go for 6B, but no biggie. If you said 5B, I could see it.

 

[Mainstreet]

I completely disagree that a team like Arizona would go for 6B, but no biggie. If you said 5B, I could see it.

It's all opinion, unless Michael Bidwill decides to sell.

 

[football karma]

But Michael is hurting for money according to some.
83 mill profit and they have to get finances in order to offer Dobbs $2 mill in March.

any links on the bolded? i am just curious

they are acting like a franchise that is suddenly short of money after years of acting like one that had enough, notwithstanding the Forbes piece

 

[dreamcastrocks]

any links on the bolded? i am just curious

they are acting like a franchise that is suddenly short of money after years of acting like one that had enough, notwithstanding the Forbes piece

'Being short' on money and not willing to spend money are two different things. I think we are in the latter category.

 

[QuebecCard]

If you do not think that a franchise's winning percentage and history matters when evaluating franchises, I don't know what to tell you.

The Ottawa Senators haven't won a Stanley Cup since 1917 and just sold for 1 billion dollars in a market about a quarter the size of greater Phoenix.

If you think that a historical record is factored into a multi-billion dollar purchase of a sports franchise, I don't know what to tell you beyond you're dead wrong. It's about the factors affecting the balance sheet present and future. Period.

In fact, the competition is such that potential buyers pay a premium to close a purchase.

 

[Krangodnzr]

Why did the Broncos, which is a MUCH more storied franchise only go for 4.65B just a year ago? Evaluations didn't go up 1.5B in just one year.

I'd rather own the Broncos than the Commanders and they went for more.

 

[dreamcastrocks]

The Ottawa Senators haven't won a Stanley Cup since 1917 and just sold for 1 billion dollars in a market about a quarter the size of greater Phoenix.

If you think that a historical record is factored into a multi-billion dollar purchase of a sports franchise, I don't know what to tell you beyond you're dead wrong. It's about the factors affecting the balance sheet present and future. Period.

In fact, the competition is such that potential buyers pay a premium to close a purchase.

I'm not claiming it is the only factor, but it IS A FACTOR.

You are wrong. Period.

This is fun.

 

[dreamcastrocks]

I'd rather own the Broncos than the Commanders and they went for more.

I'd rather own the Broncos or the Commanders too. I think most people would.

 

[QuebecCard]

I'm not claiming it is the only factor, but it IS A FACTOR.

You are wrong. Period.

This is fun.

So you actually think that the Bidwills wouldn't laugh off a bid from a prospective buyer who said, 'I'm shaving 'x' millions off the offer because you haven't won a championship since 1947' ?

Too funny!

 

[dreamcastrocks]

So you actually think that the Bidwills wouldn't laugh off a bid from a prospective buyer who said, 'I'm shaving 'x' millions off the offer because you haven't won a championship since 1947' ?

Too funny!

That's not what I said at all. I don't know how you are reading that, from what I posted.

 

[Outerlimits]

The Cardinals would probably sell for over 1.5 billion more than valued.

I think you may be correct. At least a billion more would be likely.

 

[Krangodnzr]

I think you may be correct. At least a billion more would be likely.

1.5 is probably too high, but the team would likely see for close to $1 billion more than valued.

 

[oaken1]

Why did the Broncos, which is a MUCH more storied franchise only go for 4.65B just a year ago? Evaluations didn't go up 1.5B in just one year.

Market size.
By metro area... D.C. is 6th..... Phoenix is 10th.....Denver is 19th.

Considering this with the sales price in Denver and D.C. it is clearly evident that the Cardinals are worth more than the Broncos... factor in inflation and its pretty easy to get to the Cardinals being worth at least what the D.C. team sold for...$6B

 

[dreamcastrocks]

Market size.
By metro area... D.C. is 6th..... Phoenix is 10th.....Denver is 19th.

Considering this with the sales price in Denver and D.C. it is clearly evident that the Cardinals are worth more than the Broncos... factor in inflation and its pretty easy to get to the Cardinals being worth at least what the D.C. team sold for...$6B

Market size is obvious a factor.

Dallas is worth two and a half times the amount of the Cards with about the same market size. The Rams are worth 2.5B more than the Chargers, and they are now in the same market.

There are dozens of factors when determining the evaluation of a franchise.

 

[dreamcastrocks]

1.5 is probably too high, but the team would likely see for close to $1 billion more than valued.

Me too. That's why I said I wouldn't be surprised at 5B. Even that is 1.2 over what Forbes values.

6B is 2.2B over Forbes value. They are pretty good at this type of stuff too. After all, they are an authority on the matter.

 

[Krangodnzr]

Market size is obvious a factor.

Dallas is worth two and a half times the amount of the Cards with about the same market size. The Rams are worth 2.5B more than the Chargers, and they are now in the same market.

There are dozens of factors when determining the evaluation of a franchise.

Phoenix Metro is way smaller than Dallas metro, and the Cowboys fan base is massive.

Same with the Broncos (fan base size).

Rams have a teeny weeny fan base, but own very valuable Sofi.

 

[dreamcastrocks]

Phoenix Metro is way smaller than Dallas metro, and the Cowboys fan base is massive.

About 5M people (phx) to about 6M people. The Dallas market isn't 2.5 times bigger than Phoenix.

Same with the Broncos (fan base size).

Rams have a teeny weeny fan base, but own very valuable Sofi.

It's a HUGE factor when evaluating franchises.

 

[QuebecCard]

Me too. That's why I said I wouldn't be surprised at 5B. Even that is 1.2 over what Forbes values.

6B is 2.2B over Forbes value. They are pretty good at this type of stuff too. After all, they are an authority on the matter.

They were also an authority duped on the actual worth of a certain real estate developer of dubious distinction from the Big Apple.

 

[dreamcastrocks]

They were also an authority duped on the actual worth of a certain real estate developer of dubious distinction from the Big Apple.

Well I guess that settles that.