1929:The Packers Crash Through
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Valuation of NFL Franchises
Valuation of NFL Franchises Author: Sam Hill Advisor: Connel Fullenkamp Acknowledgement: Samuel Veraldi Honors thesis submitted in partial fulfillment of the requirements for Graduation with Distinction in Economics in Trinity College of Duke University Duke University Durham, North Carolina April 2010 1 Abstract This thesis will focus on the valuation of American professional sports teams, specifically teams in the National Football League (NFL). Its first goal is to analyze the growth rates in the prices paid for NFL teams throughout the history of the league. Second, it will analyze the determinants of franchise value, as represented by transactions involving NFL teams, using a simple ordinary-least-squares regression. It also creates a substantial data set that can provide a basis for future research. 2 Introduction This thesis will focus on the valuation of American professional sports teams, specifically teams in the National Football League (NFL). The finances of the NFL are unparalleled in all of professional sports. According to popular annual rankings published by Forbes Magazine (http://www.Forbes.com/2009/01/13/nfl-cowboys-yankees-biz-media- cx_tvr_0113values.html), NFL teams account for six of the world’s ten most valuable sports franchises, and the NFL is the only league in the world with an average team enterprise value of over $1 billion. In 2008, the combined revenue of the league’s 32 teams was approximately $7.6 billion, the majority of which came from the league’s television deals. Its other primary revenue sources include ticket sales, merchandise sales, and corporate sponsorships. The NFL is also known as the most popular professional sports league in the United States, and it has been at the forefront of innovation in the business of sports. -
The Hidden Career of Ken Strong
THE COFFIN CORNER: Vol. 10, No. 3 (1988) THE HIDDEN CAREER OF KEN STRONG by Bob Gill The more we find out about minor league football in the 1930s and '40s, the more top-level players we discover who put in time with pro teams outside the NFL. Among others, the list includes stars like Frankie Albert, Ed Danowski, Jack Ferrante, Augie Lio, Harry Newman, Hank Soar, Tommy Thompson and Kenny Washington, plus Hall of Famers Red Badgro, Johnny Blood, Sid Gillman, Vince Lombardi and Ace Parker. But without a doubt, among the famous names of football, the one with the most extensive non-NFL career was Ken Strong. The initial phase of Strong's pro career lasted from 1929-35. In four years ('29-32) with the Staten Island Stapletons and three ('33-35) with the New York Giants, he was a consensus all-pro selection in 1930-31 and '33-34, finishing among the NFL's top four scorers in each of those seasons. Then, after an injury- plagued 1935 season and a contract dispute with the Giants, he jumped in 1936 to the New York Yankees of the newly formed AFL. Though it didn't last, the AFL was definitely a major league in '36. The Yankees contended for the title before ultimately finishing third. With no passer, the team relied almost exclusively on its ground game, led by Strong's powerful running and crunching blocks. In addition, Strong finished third in the league in scoring – in fact, he would have led the league easily if not for the fact that he made only 5 of 20 field-goal attempts. -
Nagurski's Debut and Rockne's Lesson
THE COFFIN CORNER: Vol. 20, No. 3 (1998) NAGURSKI’S DEBUT AND ROCKNE’S LESSON Pro Football in 1930 By Bob Carroll For years it was said that George Halas and Dutch Sternaman, the Chicago Bears’ co-owners and co- coaches, always took opposite sides in every minor argument at league meetings but presented a united front whenever anything major was on the table. But, by 1929, their bickering had spread from league politics to how their own team was to be directed. The absence of a united front between its leaders split the team. The result was the worst year in the Bears’ short history -- 4-9-2, underscored by a humiliating 40-6 loss to the crosstown Cardinals. A change was necessary. Neither Halas nor Sternaman was willing to let the other take charge, and so, in the best tradition of Solomon, they resolved their differences by agreeing that neither would coach the team. In effect, they fired themselves, vowing to attend to their front office knitting. A few years later, Sternaman would sell his interest to Halas and leave pro football for good. Halas would go on and on. Halas and Sternaman chose Ralph Jones, the head man at Lake Forest (IL) Academy, as the Bears’ new coach. Jones had faith in the T-formation, the attack mode the Bears had used since they began as the Decatur Staleys. While other pro teams lined up in more modern formations like the single wing, double wing, or Notre Dame box, the Bears under Jones continued to use their basic T. -
Statistical Leaders of the ‘20S
THE COFFIN CORNER: Vol. 14, No. 2 (1992) Statistical Leaders of the ‘20s By Bob GIll Probably the most ambitious undertaking in football research was David Neft’s effort to re-create statistics from contemporary newspaper accounts for 1920-31, the years before the NFL started to keep its own records. Though in a sense the attempt had to fail, since complete and official stats are impossible, the results of his tireless work provide the best picture yet of the NFL’s formative years. Since the stats Neft obtained are far from complete, except for scoring records, he refrained from printing yearly leaders for 1920-31. But it seems a shame not to have such a list, incomplete though it may be. Of course, it’s tough to pinpoint a single leader each year; so what follows is my tabulation of the top five, or thereabouts, in passing, rushing and receiving for each season, based on the best information available – the stats printed in Pro Football: The Early Years and Neft’s new hardback edition, The Football Encyclopedia. These stats can be misleading, because one man’s yardage total will be based on, say, five complete games and four incomplete, while another’s might cover just 10 incomplete games (i.e., games for which no play-by-play accounts were found). And then some teams, like Rock Island, Green Bay, Pottsville and Staten Island, often have complete stats, based on play-by-plays for every game of a season. I’ll try to mention variations like that in discussing each year’s leaders – for one thing, “complete” totals will be printed in boldface. -
The Steam Roller
THE COFFIN CORNER: Vol. 2, No. 3 (1980) THE STEAM ROLLER by John Hogrogian The state of Rhode Island sits squarely in the shadow of Boston as far as major-league professional sports is concerned. Ocean State residents generally take a rooting interest in the Red Sox, Patriots, Celtics, and Bruins. But more than half a century ago, in 1928, Rhode Island had its own National Football League champions, the Providence Steam Roller. The story of that team is the story of an era of professional football much different from that of today. In the Roaring Twenties, the American public found a host of popular heroes in its sporting greats. Standing with Charles Lindbergh on the pedestal of unalloyed admiration were such men as baseball player Babe Ruth, boxer Jack Dempsey, and tennis player Bill Tilden. College football players also shared in this adulation, with Red Grange of Illinois, Ernie Nevers of Stanford, and the Four Horsemen of Notre Dame national figures because of their gridiron exploits. College football was an immensely popular spectator sport, with teams such as Notre Dame, Stanford, Yale, and Dartmouth drawing huge followings both in person and through the newspapers and newsreels. Professional football, in stark contrast, was struggling to survive, a neglected stepchild in the sports boom. The National Football League was entering only its ninth season in the fall of 1928, and instead of roaring crowds in huge metropolitan stadia, small, intimate audiences in mostly smaller fields viewed the league's contests. Pro football held the same place in 1928 that pro track and field holds today, a fledgling professional sport living in the shadow of a popular collegiate version. -
Annual Awards
ANNUAL AwARDS Rehan Muttalib ’09 TEAM AwARDS Coach bob blackman trophy Jake crouthamel award Kenneth t. young award To the player, selected To the junior or sopho- To the junior or sopho- by the coaching staff, more offensive player, more defensive player, who has contributed selected by the coaching selected by the coaching most to the success of staff, who has contrib- staff, who has contrib- the team . Gift of L . G . uted most to the success uted most to the success Balfour Company . of the team . Gift of Ken- of the team . Gift of Ken- neth Young ’48 . neth Young ’48 . Ian Wilson, SS Tim McManus, WR Peter Pidermann, FS 2008 Winner 2008 Winner 2008 Winner 1959 Bill Gundy, QB 1972 Rick Klupchak, HB 1978 Cody Press, DB 1960 Alan Rozycki, HB 1973 Tom Snickenberger, QB 1979 Jerry Pierce, LB 1961 Gary Spiess, HB 1974 Reggie Williams, LB 1980 Scott Hacker, LB 1962 Bill King, QB 1975 Pat Sullivan, OG 1981 Joe Moore, DB Don McKinnon, C-LB 1976 Sam Coffey, TB 1982 Steve Karol, LB 1963 Scott Creelman, E 1977 Jeff Hickey, LB 1983 Don Pomeroy, LB 1964 Jack McLean, DB 1978 Jeff Dufresne, TB 1984 Peter Kortebein, LB 1965 Ed Long, E 1979 Dave Shula, SE 1985 Tom Ramsey, DT 1966 Pete Walton, FB 1980 George Thompson, OG 1986 Brett Matthews, DB 1967 Steve Luxford, HB 1981 Wayne Ferree, OT 1987 Paul Michael, LB 1968 Randy Wallick, OE 1982 Jack Daly, WR 1988 Kevin Luensmann, DT 1969 Tom Quinn, HB 1983 Rich Weissman, TB 1989 Peter Chapman, DT 1970 John Short, HB 1984 Doug Keare, TE 1990 Sal Sciretto, DB 1971 Stuart Simms, FB 1985 Dave Gabianelli, QB Harry -
Gil Brandt to Receive Pro Football Hall of Fame Ring of Excellence During Week 5 Dallas Cowboys to Pay Tribute to Hall of Famer During Special Ceremony
FOR IMMEDIATE RELEASE 10/03/2019 GIL BRANDT TO RECEIVE PRO FOOTBALL HALL OF FAME RING OF EXCELLENCE DURING WEEK 5 DALLAS COWBOYS TO PAY TRIBUTE TO HALL OF FAMER DURING SPECIAL CEREMONY CANTON, OHIO – The Pro Football Hall of Fame and Kay® Jewelers, the Official Provider of the Pro Football Hall of Fame Ring of Excellence, will join in honoring Hall of Famer GIL BRANDT on Sunday, Oct. 6 when the Dallas Cowboys host the Green Bay Packers. Fans at the Week 5 matchup will witness Brandt receive his Hall of Fame Ring of Excellence during a special halftime presentation. The Hall’s President & CEO David Baker will present Brandt with the Hall of Fame Ring of Excellence. The game is slated to kick off at 4:25 PM ET at AT&T Stadium. The Hall of Fame Ring of Excellence is one of three iconic symbols, along with the Hall of Fame Gold Jacket created by Haggar, and the Bronzed Bust, that represent the elite status of being a member of the Pro Football Hall of Fame. Brandt received his Hall of Fame Gold Jacket and unveiled his Bronzed Bust during the 2019 Enshrinement Week Powered by Johnson Controls in early August. “I'm here today because of the great organization like the Dallas Cowboys that had an owner, a general manager, and a head coach who believed in my ability to find talented players and build a roster,” Brandt shared during his Enshrinement speech on August 3. “The great players we were fortunate enough to draft and sign are the reason the Cowboys have won five Super Bowls. -
An Analysis of the American Outdoor Sport Facility: Developing an Ideal Type on the Evolution of Professional Baseball and Football Structures
AN ANALYSIS OF THE AMERICAN OUTDOOR SPORT FACILITY: DEVELOPING AN IDEAL TYPE ON THE EVOLUTION OF PROFESSIONAL BASEBALL AND FOOTBALL STRUCTURES DISSERTATION Presented in Partial Fulfillment of the Requirements for the Degree Doctor of Philosophy in the Graduate School of The Ohio State University By Chad S. Seifried, B.S., M.Ed. * * * * * The Ohio State University 2005 Dissertation Committee: Approved by Professor Donna Pastore, Advisor Professor Melvin Adelman _________________________________ Professor Janet Fink Advisor College of Education Copyright by Chad Seifried 2005 ABSTRACT The purpose of this study is to analyze the physical layout of the American baseball and football professional sport facility from 1850 to present and design an ideal-type appropriate for its evolution. Specifically, this study attempts to establish a logical expansion and adaptation of Bale’s Four-Stage Ideal-type on the Evolution of the Modern English Soccer Stadium appropriate for the history of professional baseball and football and that predicts future changes in American sport facilities. In essence, it is the author’s intention to provide a more coherent and comprehensive account of the evolving professional baseball and football sport facility and where it appears to be headed. This investigation concludes eight stages exist concerning the evolution of the professional baseball and football sport facility. Stages one through four primarily appeared before the beginning of the 20th century and existed as temporary structures which were small and cheaply built. Stages five and six materialize as the first permanent professional baseball and football facilities. Stage seven surfaces as a multi-purpose facility which attempted to accommodate both professional football and baseball equally. -
D 1Dt~~~' Already
I w#~r "Continuous News Service vt As if Monday mornings weren't bad enough Since 1881" d 1dt~~~' already ... _ _____ __ VOLUME 94 NUMBER 3 MIT, CAMBRIDGE, MASSACHUSETTS TUESDAY, FEBRUARY 12, 1974 FIVE CENTS Candidates see change in Election Commission By Bill Conklin In recent years, few MIT "I'll treat all students and students have been able to reg- other voters on an equal basis," ister in Cambridge, particularly promised Tom Neel, a candidate undergraduates. After com- for Cambridge Election Comrrris- plaints of alleged "harrassment" sioner. of students trying to register, the Seven candidates for the Cambridge City Council passed a office spoke before the Demo- bill to make college dormitories cratic City Committee last week. legal domicile. The committee will elect three Several of the candidates nominees, one of whom will be disapproved of commissioners in appointed to the post by the past years requiring proof of City Manager. domicility. The candidates are Elizabeth -Shaw vowed to intervene if Dunn, Jon Halberstadt, Torn he saw another commissioner Neel, Vincent Panico, Sondra mistreating a voter. "I like to Scheir, Phillip Shaw, and argue with Samp! No proof or Andrew Trodden. check of residence is required Most of the candidates saw beyond the affidavit signed by extensive change in voter regis- the voter." tration procedures as a primary goal. Neel and Halberstadt advo- Interest min aw is growing cated a plan for checking resi- By Barb Moore vising and Education was devel- of the US, according to Nyhart. "Young voters won't come dence authenticity by sending a "Of the approximately oped to handle this over- TShe students look at the "mess because they know they will be postcard to the address given by 325,000 lawyers in the US to- whelming interest in law. -
Packerscentury.Com Packerscentury.Com
13 1931 packerscentury.com packerscentury.com 1931 ___________________ Record: 12-2-0 NFL Champions Coach: Curly Lambeau • During the offseason, the Packers put together a basketball team that traveled around the state. The Green Bay Basketball Club played games against Wisconsin towns and cities including Sturgeon Bay, Clintonville, Milwaukee and Racine to name a few. • Green Bay became the first NFL team to win three straight titles. • The Packers were fined $1,000 for signing college players whose “class” hadn’t graduated. The Bears and Spartans were also. • An injury caused Verne Lewellen to miss seven games. • Green Bay’s offense scored 116 more points than any other team. Their defense ranked second only to Portsmouth. • One game separated the Packers and Spartans at season’s end. Portsmouth claimed the Packers had pledged to play a game after the season. Green Bay denied doing so. Portsmouth appealed to Commissioner Joe Carr, but the appeal was denied. • Go! You Packers Go! Eric Karll, 1931 Hail, hail the gang’s all here to yell for you, And keep you going in your winning ways, Hail, hail the gang’s all here to tell you too, That, win or lose, we’ll always sing your praises Packers. Chorus: Go, you Packers, go and get ‘em, Go, you fighting fools upset ‘em, Smash their line with all your might, A touchdown, Packers, Fight, Fight, Fight, Fight on, you blue and gold, to glory, Win this game the same old story, Fight, you Packers, Fight, And bring the bacon home to Old Green Bay. CLEVELAND INDIANS 0 9.13.1931 PACKERS 26 The rain, the heat, and the humidity did not slow down Green Bay. -
Insult to Injury SEE VOID on PAGE 6
Volume 79, No. 125B ©SS 2020 CONTINGENCY EDITION SUNDAY, OCTOBER 11, 2020 stripes.com Free to Deployed Areas Taliban is filling void left by US BY SUSANNAH GEORGE AND AZIZ TASSAL The Washington Post GARDEZ, Afghanistan — Months after the Americans withdrew from this province in southeast Afghanistan, what little they left behind still lies scattered across the small military base: ra- tions packaging for chicken pesto pasta, Rice Krispies cereal boxes, instant chocolate milk packets. Inside trailers, the floors are lit- tered with Christmas decorations and letters from schoolchildren addressed “Dear soldier.” The U.S. military vacated For- ward Operating Base Lightning in March, less than a month after American and Taliban leaders signed a peace deal that set in motion a complete withdrawal of U.S. forces. On a recent day this month, only trash, splintered plywood, crushed metal trailers and mounds of twisted wire remained where hundreds of American troops once trained Afghan Insult to injury SEE VOID ON PAGE 6 Delta moves across hurricane-ravaged Louisiana BY REBECCA SANTANA with top winds of 100 mph before rapidly Debris piles went airborne as Delta AND STACEY PLAISANCE weakening over land Saturday morning. blew through, and some of the wreckage Associated Press Flash floods remained a risk from parts floated around in the storm surge. The of Texas to Mississippi, where forecasters damage reached far inland, with trees LAFAYETTE, La. — Ripping tarps said up to 10 inches of rain could fall by shorn of leaves and falling onto streets in off damaged roofs and scattering mas- day’s end. -
The Staten Island Stapletons
THE COFFIN CORNER: Vol. 7, No. 6 (1985) THE STATEN ISLAND STAPLETONS By John Hogrogian Special thanks to N.F.L. Properties, Inc. for permission to publish this article. Trollies rolled down Broadway and Calvin Coolidge was president when the NFL came to New York City in 1925. In the years since Tim Mara founded the Giants, NFL teams have made their home in each of the City's five boroughs. The Giants played in the Polo Grounds in upper Manhattan through 1955, then moved to Yankee Stadium in the Bronx through 1973. The Brooklyn Dodgers football team thrived in Ebbets Field during the 1930s and 1940s. The Jets made their home in Shea Stadium in Queens from 1964 until recently. And, in the sleepiest of the boroughs, the Staten Island Stapletons played NFL ball from 1929 through 1932. The Stapes struggled through life on a shoestring, but helped keep the NFL afloat as it fought for life in the Depression. The Stapes started out in 1915, five years before the NFL was born in the midwest. Dan Blaine, a good halfback and a native of the working-class neighborhood known as Stapleton, along with three other players formed the team to play other semi-pro squads from New York and New Jersey. The Stapes played more for fun than money. Just as well: crowds were small; salaries averaged $10 per game. Nevertheless, they managed to do well, winning several local semi-pro titles before World War I. After military service, Blaine took over sole ownership in 1919. Blaine himself prospered in the 1920s.