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In Assessing Chargers Options, Do Cost Comparisons
Well, it's entertainment Don. What do you think the NFL is? A bunch of animals chasing a football; in an entertaining way that is.— May 25, 2011 4:34 p.m.
In Assessing Chargers Options, Do Cost Comparisons
No, they don't. And this is the art of management in booking events and generating revenue flow. Not all teams and locations can do that. Some are better than others.— May 25, 2011 4:26 p.m.
In Assessing Chargers Options, Do Cost Comparisons
The revuenues of each team are pretty much well known. Now Dallas is a money maker(due to their facilities and brand name) but not the Chargers. The money you are talking about is in the team value appreciation. Spanos bought the Chargers for roughly $65 millions in '82(?) and they are now valued at $900+ Mil. So, the way to unlock value is to take on debt, if you are a team owner. The Chargers have something like 13% total debt as a % of total value. Anyway, Forbes 2010 has all the team valuations if you Google it. In a good year the Chargers can make $10-15 Mil. of net revenue. So, I wouldn't call them big money makers. They are small money makers but the team values appreciate at an incredible pace.— May 25, 2011 4:23 p.m.
In Assessing Chargers Options, Do Cost Comparisons
Yeah, but only 75,000 or so fans can go to a given game. The NFL already has the 19 Milion market with the double header best two games on any given Sunday. You think LA fans will sacrifice that to go and see the Chargers? They can do so any Sunday, either drive or by air to SD.— May 25, 2011 4:15 p.m.
In Assessing Chargers Options, Do Cost Comparisons
You got a point. But I think it's not unexpensive.— May 25, 2011 4:11 p.m.
In Assessing Chargers Options, Do Cost Comparisons
Why not? I would think that a great negotiator is worth every penny.— May 25, 2011 4:10 p.m.
In Assessing Chargers Options, Do Cost Comparisons
Agreed.— May 25, 2011 4:08 p.m.
In Assessing Chargers Options, Do Cost Comparisons
Hey Tom: That's not nice. You sound particularly sour.— May 25, 2011 1:20 p.m.
In Assessing Chargers Options, Do Cost Comparisons
No, I agree that the Dallas stadium is a jewel, top of the line stuff. It's just not doable in California. Thank Heavens this is not Texas. As for Q being a dump, of course it's not. It's just an old stadium. As a fan, I couldn't care less if the stadium has amenities or not. I don't go to the stadium to see the freaking structure over and over again. I go for the team. BTW, the average ticket in Jerry's World is $180, and I never pay for my tickets. I am always a guest.— May 25, 2011 1:12 p.m.
In Assessing Chargers Options, Do Cost Comparisons
Tom: Just to be clear: In a possible relocation to LA, the Chargers will be paying two separate fees. 1. A termination fee for the Q, estimated at $24 Mil. 2. A relo fee. This is the same fee I call "LA entry fee" because my description cuts more to the essence. This is a fee a team has to pay the gatekeeper(NFL) for the perceived value of a bundle of rights over and above what the team has today. You might be right about the term "relocation fee" (but it's a sissy term and sounds like you are paying your local U-Haul movers). My term is more animalistic and openly describes what the fee is all about. It's the same fee type that you have to pay at the gates of Disneyland to get in. Once you get in it's up to your skill as to the quality of the experience.— May 25, 2011 10:29 a.m.