ONE big lottery winner in Ohio. December 17, 2019

[mjp28]

ONE big lottery winner in Ohio. December 17, 2019

[mjp28]

A few more recent Ohio winners.

[mjp28]

What would you do with $372,000,000 before cash options and taxes ?  

......oh and before you ask. (what a shame the BROWNS used to be a top 5 franchise) from Forbes:. https://www.forbes.com/sites/mikeozanian/2019/09/04/the-nfls-most-valuable-teams-2019-cowboys-lead-league-at-55-billion/#328c89b12f1b

28 | Cleveland Browns

• Value: $2.175 billion

• 1-Year Change: 12%

• Owners: Dee & Jimmy Haslam

• Operating Income: $32 million

[mjp28]

Oh the extremes:

32 | Buffalo Bills

• Value: $1.9 billion

• 1-Year Change: 19%

• Owners: Terry & Kim Pegula

• Operating Income*: $82 million

[mjp28]

Better try a hockey team:

1 | Dallas Cowboys

• Value: $5.5 billion

• 1-Year Change: 10%

• Owners: Jerry Jones

• Operating Income: $420 million

* Earnings before interest, taxes, depreciation and amortization.

Related on Forbes: The NFL’s Highest-Paid Players 2019

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[mjp28]

I kinda get into all of the dollar and cents stuff but if you hit the BROWNS link itself you will get more information on owning and operating a professional franchise.

Even hitting a third of a billion dollars before taxes won't get you in the door on an NFL franchise.

#28 Cleveland Browns

 

 

Freddie Kitchens

Coach

 

Baker Mayfield

Quarterback

TEAM VALUE

1

$2.2BCalculated September 2019

OWNER(S)

Dee & Jimmy Haslam

CHAMPIONSHIPS

8

YEAR PURCHASED

2012

PRICE PAID

$987M

REVENUE

2

$399M

OPERATING INCOME

3

$32M

DEBT/VALUE

4

10%

PLAYER EXPENSES

5

$245M

GATE RECEIPTS

6

$53M

WINS-TO-PLAYER COST RATIO

7

80

REVENUE PER FAN

8

$60

METRO AREA POPULATION

2M

MEDIA PARTNERS

Tv: WEWS News 5; Radio: WKNR 850 AM, WKRK 92.3 FM, WNCX 98.5 FM

Revenues and operating income are for the 2018 season and net stadium debt service.

[mjp28]

Just FYI the WSJ used to be required reading everyday when I was in college later I just had it sent to my office.

I've read the USA TODAY, WSJ, Kiplingers, Money, Personal Finance and others but Forbes is pretty good especially for Sports Money issues.

I used to run a $MONEY$. Forum on another sports board way back on all thing money and one of my favorite sites was https://www.forbes.com/sportsmoney/#f7738d57ff6e

Check it out if you're interested.  

[The Gipper]

It was me.     Well.....I did have the Mega Ball.....