ONE big lottery winner in Ohio. December 17, 2019

Reply to ONE big lottery winner in Ohio. December 17, 2019 on Wed, 18 Dec 2019 17:23:52 GMT

The Gipper — Wed, 18 Dec 2019 17:23:52 GMT

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

Reply to ONE big lottery winner in Ohio. December 17, 2019 on Wed, 18 Dec 2019 16:30:06 GMT

mjp28 — Wed, 18 Dec 2019 16:30:06 GMT

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.

Reply to ONE big lottery winner in Ohio. December 17, 2019 on Wed, 18 Dec 2019 16:02:38 GMT

mjp28 — Wed, 18 Dec 2019 16:02:38 GMT

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

$2.2BCalculated September 2019

OWNER(S)

Dee & Jimmy Haslam

CHAMPIONSHIPS

YEAR PURCHASED

2012

PRICE PAID

$987M

REVENUE

$399M

OPERATING INCOME

$32M

DEBT/VALUE

10%

PLAYER EXPENSES

$245M

GATE RECEIPTS

$53M

WINS-TO-PLAYER COST RATIO

REVENUE PER FAN

$60

METRO AREA POPULATION

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.

Reply to ONE big lottery winner in Ohio. December 17, 2019 on Wed, 18 Dec 2019 15:54:32 GMT

mjp28 — Wed, 18 Dec 2019 15:54:32 GMT

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

It’s a game of inches—and dollars. Get the latest sports news and analysis, once a week in your inbox, from the Forbes SportsMoney Playbook newsletter. Sign up here.

Reply to ONE big lottery winner in Ohio. December 17, 2019 on Wed, 18 Dec 2019 15:53:56 GMT

mjp28 — Wed, 18 Dec 2019 15:53:56 GMT

Oh the extremes:

32 | Buffalo Bills

• Value: $1.9 billion

• 1-Year Change: 19%

• Owners: Terry & Kim Pegula

• Operating Income*: $82 million

Reply to ONE big lottery winner in Ohio. December 17, 2019 on Wed, 18 Dec 2019 15:46:33 GMT

mjp28 — Wed, 18 Dec 2019 15:46:33 GMT

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

Reply to ONE big lottery winner in Ohio. December 17, 2019 on Wed, 18 Dec 2019 15:38:22 GMT

mjp28 — Wed, 18 Dec 2019 15:38:22 GMT

A few more recent Ohio winners.