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re: For anyone who has ever bitched about the Brees contract

Posted on 3/30/13 at 5:59 pm to
Posted by adono
River Ridge
Member since Sep 2003
7307 posts
Posted on 3/30/13 at 5:59 pm to
quote:

He bought the team for $150 mill in 89. It's worth $2.1 billion now highest in the league by far.


Is that really the barometer you're using to classify Jones as a great businessman? Really.
Using your test, Benson is a better businessman than Jones. Benson bought the Saints for $72 mill and it's worth over over a billion dollars; Benson gets all of the revenue from the Superdome (worth in excess of $500 million); he has a practice facility worth $100 million (paid for with state money), and got a free building from the state on Poydras Ave. worth $40 million.

The Cowboys are worth $2.1 billion because Jones paid $1 billion for the stadium.

Not bad for a used car salesman!
This post was edited on 3/30/13 at 6:02 pm
Posted by Zoltan
NOLA
Member since May 2010
1395 posts
Posted on 3/30/13 at 6:07 pm to
I mean I understand where you are coming from, but the Cowboys revenue has been pretty remarkable. Teams in the NFL share concession revenues from NFL sponsored vendors like Coke. Jones was realized that the Cowboys were accounting for something like over 15-20% of the overall revenue and started selling Pepsi products there before the NFL tried to stop it and he filed suit against all the owners except Al Davis. And yeah he just spent a billion on the stadium which ups the valuation, but that thing is going to pay for itself super quick, he's already locked up the first CFB NCCG in the playoff system. I hate Jerry Jones as a person, but I honestly can't question his ability to make money whether he got his start with the aid of oil or not.

ETA: regardless the thread was meant to say that we locked Drew in at the right time for the right price seeing what qbs around the league are getting now that are no where near his play grade.
This post was edited on 3/30/13 at 6:09 pm
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