You're either blatantly lying or are being willfully ignorant.

I'll go with the former because you cited the net worth of the Panthers in an earlier post.

For years the market value placed on NFL teams has been published by Forbes. Those values have moved in one direction. You yourself even stated that they earn ~8% annually. So we know the teams and the league are making, not losing, money.

Please try to engage us in an honest discussion.

This post was edited on 3/8/13 at 1:45 pm

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Posted by BBONDS25

Member since Mar 2008

48636 posts

Posted on 3/8/13 at 2:02 pm to Sophandros

quote:
Please try to engage us in an honest discussion

I am engaging in honesst discussion. I think you need to educate yourself on how the world of finance works a little better before accusing others of being dishonest. An asset growing in value by 8% per year is a healthy rate. But it very different than "making money". Let's look at it from the prospective of the IRS. They always get a piece when soeone "makes money", right? Tell me...what percentage of the 8% annual growth has the IRS received since 1993? If the answer is 0 (hint...it is) then maybe when you are talking about "making money" you should look at year to year revenues. Over the last two years the Panthers made about 8% profit based on the statements released by deadspin. HOw about the other 18 years? You have numbers on those? How about this year? Was there anything happening the previous two years that might lead a team to cut back on its contractual obligations that might give it an unordinary spike?

This post was edited on 3/8/13 at 2:03 pm

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