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  1. #1
    Join Date
    Jul 2008
    Location
    Richmond, VA
    Posts
    47,770

    How did franchise owners make their money?

    https://www.si.com/nfl/2018/nfl-owne...low_twitter_si

    Good interesting article covering how all team ownerships came to be and what they paid and how much they are worth.

    PROCESSING

  2. #2
    Join Date
    Jun 2011
    Posts
    8,327
    Saving clicks...

    Team:
    Cardinals - team is primary asset
    Bears - team is primary asset
    Bengals - team is primary asset
    Colts - team is primary asset
    Steelers - team is primary asset

    Generic Business:
    Falcons - founded Home Depot
    Ravens - founded aerospace staffing company
    Panthers - founded hedge fund
    Jaguars - founded truck bumper company
    Seahawks - cofounded Microsoft
    Patriots - founded paper company
    Saints - founded interior design company
    Giants - movie actor and lawyer teamed up
    Redskins - founded Snyder corporation

    Power/Oil/Gas:
    Bills - founded gas company
    Cowboys - founded oil and gas company
    Texans - founded power generator company

    Family Wealth:
    Browns - inherited family wealth
    Lions - inherited family wealth
    Raiders - inherited family wealth
    Eagles - inherited family wealth
    Jets - inherited family wealth
    Titans - inherited family wealth

    Real Estate:
    Chargers - founded real estate company
    Rams - founded real estate company
    Dolphins - founded real estate company
    Vikings - founded real estate company
    49ers - founded real estate company
    Buccaneers - founded real estate company

    Weird:
    Broncos - owned by a trust
    Packers - publicly owned
    First 4 years:
    Brown - 54 GP, 27 GS, 261 catches (63.3%) for 3,561 yds (8.6 AVG), 15 TD
    Landry - 64 GP, 57 GS, 400 catches (70.2%) for 4,038 yds (10.1 AVG), 22 TD

    Huh. Wonder why Landry is getting paid so much...

    "Hater" is a term used by weak minded people in the face of legitimate criticism.
    -Scott van Pelt

  3. #3
    Join Date
    Mar 2012
    Location
    Austin
    Posts
    14,206
    Quote Originally Posted by Bullseyed View Post
    Saving clicks...

    Team:
    Cardinals - team is primary asset
    Bears - team is primary asset
    Bengals - team is primary asset
    Colts - team is primary asset
    Steelers - team is primary asset

    Generic Business:
    Falcons - founded Home Depot
    Ravens - founded aerospace staffing company
    Panthers - founded hedge fund
    Jaguars - founded truck bumper company
    Seahawks - cofounded Microsoft
    Patriots - founded paper company
    Saints - founded interior design company
    Giants - movie actor and lawyer teamed up
    Redskins - founded Snyder corporation

    Power/Oil/Gas:
    Bills - founded gas company
    Cowboys - founded oil and gas company
    Texans - founded power generator company

    Family Wealth:
    Browns - inherited family wealth
    Lions - inherited family wealth
    Raiders - inherited family wealth
    Eagles - inherited family wealth
    Jets - inherited family wealth
    Titans - inherited family wealth

    Real Estate:
    Chargers - founded real estate company
    Rams - founded real estate company
    Dolphins - founded real estate company
    Vikings - founded real estate company
    49ers - founded real estate company
    Buccaneers - founded real estate company

    Weird:
    Broncos - owned by a trust
    Packers - publicly owned
    Raiders are more of just team owned. I get that Mark inherited the team from his dad Al Davis but the Raiders were Al Davis and now Mark Davis's only source of income. Mark doesn't have money anywhere but the team.

    Never Forget

  4. #4
    Join Date
    Feb 2005
    Location
    South Dakota
    Posts
    7,106
    What I find interesting is how many of these guys went from just run of the mill wealthy to filthy rich just from owning a team.

    Sidebar being, those young enough to really only know Al Davis as the eccentric Raiders owner who often made what at least appeared to be crazy decisions don't know the real Al. The NFL would not be what it is (and Mark wouldn't have his meal ticket) if not for Al's hard work and business sense.
    gotta love 'referential' treatment

  5. #5
    Join Date
    Nov 2010
    Location
    Annapolis MD
    Posts
    13,984
    Quote Originally Posted by SiteWolf View Post
    What I find interesting is how many of these guys went from just run of the mill wealthy to filthy rich just from owning a team.

    Sidebar being, those young enough to really only know Al Davis as the eccentric Raiders owner who often made what at least appeared to be crazy decisions don't know the real Al. The NFL would not be what it is (and Mark wouldn't have his meal ticket) if not for Al's hard work and business sense.
    Dan Snyder started his own communications company, sold it to buy the Redskins, and a few years later, founded a new company and also got involved with Six Flags. He's been able to hit on most of his investments, save for Six Flags. Dude is a really smart, driven businessman, but he just needs to get out of his own way.

  6. #6
    Join Date
    Jun 2011
    Posts
    8,327
    Quote Originally Posted by SiteWolf View Post
    What I find interesting is how many of these guys went from just run of the mill wealthy to filthy rich just from owning a team.
    I think at one point that was the case for most of the owners. Just sometimes the teams got sold instead of inherited.

    Like Ralph Wilson with the Bills selling after he died.
    First 4 years:
    Brown - 54 GP, 27 GS, 261 catches (63.3%) for 3,561 yds (8.6 AVG), 15 TD
    Landry - 64 GP, 57 GS, 400 catches (70.2%) for 4,038 yds (10.1 AVG), 22 TD

    Huh. Wonder why Landry is getting paid so much...

    "Hater" is a term used by weak minded people in the face of legitimate criticism.
    -Scott van Pelt

  7. #7
    Join Date
    Jul 2008
    Location
    Richmond, VA
    Posts
    47,770
    Quote Originally Posted by ThomasTomasz View Post
    Dan Snyder started his own communications company, sold it to buy the Redskins, and a few years later, founded a new company and also got involved with Six Flags. He's been able to hit on most of his investments, save for Six Flags. Dude is a really smart, driven businessman, but he just needs to get out of his own way.
    Feels a lot like Cuban. Very smart business man, can't stay out of this one business enough to let it be successful.

    PROCESSING

  8. #8
    Join Date
    Jul 2008
    Location
    Richmond, VA
    Posts
    47,770
    The Rooney's story is just interesting:

    Dan Rooney (the original) owned a Saloon and Cafe in Pittsburgh as an Irish immagrant. His son Art (first owner of the Pirates/Steelers, yes they were the Pirates first), went from Duquense University in Pittsburgh finishing at Temple University on an Athletics scholarship. He went from team to team playing ball after college, also playing small league football (as a fullback). He saved as much money as he could. When he went back to Pittsburgh, he worked in his dad's saloon before buying the rights to a team in Pittsburgh for $2,500.

    The really fun one?

    The Rooney's afforded to pay their first coach because Art Rooney won a parlay in a horse race to the tune of $130,000.

    The early years had constant rumors of the Pirates/Steelers folding as the Rooney's were barely making it week to week to pay players, coaches, and rent on the stadium. Little known but they borrowed against the saloon and their house at times to afford the team.

    PROCESSING

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